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2-bed · 1,888 sqftFalcon Tower, Business Bay · 5th floor

501, Falcon Tower

Sold prices and rental history: sold once, by the developer in April 2025, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 1.83M30 April 2025
Current rentAED 116K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 501, Falcon Tower

What is 501 worth today?

Last sold for AED 1,829,633 in 2025

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1 Dec 2025RentedRenewal
AED 115,500/yr12 months · AED 61 per sqft
30 Apr 2025Sold by developerReady
AED 1,829,633AED 969 per sqft
1 Dec 2024RentedRenewal
AED 110,000/yr12 months · AED 58 per sqft
1 Dec 2023RentedRenewal
AED 110,000/yr12 months · AED 58 per sqft
20 Mar 2023RentedRenewal
AED 93,500/yr12 months · AED 51 per sqft
1 Dec 2022RentedRenewal
AED 100,000/yr12 months · AED 53 per sqft
20 Mar 2022RentedNew contract
AED 85,000/yr12 months · AED 46 per sqft
1 Dec 2021RentedRenewal
AED 100,000/yr12 months · AED 53 per sqft

Source: Dubai Land Department. Updated 1 December 2025.

Key facts

Type
2-bed apartment
Size
1,888 sqft
Floor
5th of 39
Parking
1
Service charge
AED 31,800 /yr
Last sold
AED 1.83M · April 2025
Building
Falcon Tower

About 501, Falcon Tower

501 is a two-bedroom apartment of 1,888 sqft on the 5th floor of Falcon Tower, a 39-storey tower in Business Bay. The developer sold it on 30 April 2025 for AED 1,829,633, or AED 969 per sqft, 30% below the AED 1,375 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 16 Ejari contracts. The current contract, renewed on 1 December 2025, is AED 115,500 a year: a gross yield of 6.3% on the 2025 price, before the service charge of about AED 31,800 a year.

Sales and rents for 501 over time

Rents
Unit 501, each contractTypical two-bed in Falcon Tower
100K125K2010201520202025Typical rent by year: 2010 AED 112,833; 2011 AED 115,000; 2012 AED 115,400; 2013 AED 125,000; 2014 AED 127,450; 2015 AED 130,000; 2016 AED 133,000; 2017 AED 135,000; 2018 AED 120,000; 2019 AED 115,500; 2020 AED 110,000; 2021 AED 100,000; 2022 AED 100,000; 2023 AED 100,000; 2024 AED 105,000; 2025 AED 110,250; 2026 AED 115,500New contract, March 2012: AED 125,000 a yearRenewal, March 2013: AED 125,000 a yearRenewal, March 2014: AED 125,000 a yearRenewal, March 2015: AED 130,000 a yearRenewal, March 2016: AED 130,000 a yearNew contract, March 2017: AED 130,000 a yearNew contract, April 2018: AED 120,000 a yearNew contract, December 2019: AED 100,000 a yearRenewal, December 2020: AED 100,000 a yearRenewal, December 2021: AED 100,000 a yearNew contract, March 2022: AED 85,000 a yearRenewal, December 2022: AED 100,000 a yearRenewal, March 2023: AED 93,500 a yearRenewal, December 2023: AED 110,000 a yearRenewal, December 2024: AED 110,000 a yearRenewal, December 2025: AED 115,500 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Falcon Tower, and where 501 sits

All 77 2-beds →

501 last sold in April 2025 at AED 969 per sqft, 30% below what two-beds in Falcon Tower were fetching at the time (AED 1,375). 501's AED 115,500 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Apr 20251,834,633
30 Apr 20251,814,633
30 Apr 20252,725,633
30 Apr 20252,234,633
0 2-bed sales in the last 12 months

Falcon Tower

Building

195 apartments, 1-bed to 3-bed over 39 floors in Business Bay. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 116K /yr
Typical yield
Falcon Tower, Business Bay: prices, sales and rents →

Other units on the 5th floor

All 195 units in Falcon Tower
Value
5021-bedAED 1.25M · Apr 2025
5032-bedAED 1.83M · Apr 2025
5042-bedAED 2.3M · Apr 2025
5051-bedAED 1.41M · Apr 2025
5062-bedAED 2.3M · Apr 2025

501, Falcon Tower in numbers

  • Sold once: by the developer on 30 April 2025 for AED 1,829,633, or AED 969 per sqft.
  • Rented since March 2012 on 16 Ejari contracts. The rent fell from AED 125,000 to AED 85,000 in 2022 and recovered to AED 115,500 by December 2025.
  • At AED 115,500 a year the gross yield on the 2025 price is 6.3%, before a service charge of about AED 31,800 a year (AED 16.87 per sqft).

Source: Dubai Land Department. Updated 1 December 2025.

Questions about 501, Falcon Tower

What did unit 501 last sell for?

AED 1,829,633 on 30 April 2025, sold by the developer: AED 969 per sqft for 1,888 sqft. It is the only registered sale of the unit.

What is the rent for unit 501?

AED 115,500 a year on the contract renewed on 1 December 2025. The previous contract, from December 2024, was AED 110,000; the unit has been rented since March 2012.

How big is unit 501?

1,888 sqft (175.4 sqm): a two-bedroom apartment on the 5th floor of a 39-storey tower.

What is unit 501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 501, Falcon Tower

Starts from the last sale price (AED 1.83M, 30 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,829,633
Deposit, UAE resident (20%)
AED 365,927
Deposit, non-resident (40%)
AED 731,853
Monthly over 25 years at 3.7%
AED 7,486

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →