502, Falcon Tower
Sold prices and rental history: sold once, by the developer in April 2025, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Falcon Tower
What is 502 worth today?
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Source: Dubai Land Department. Updated 25 June 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 946 sqft
- Floor
- 5th of 39
- Parking
- 1
- Service charge
- AED 16,000 /yr
- Last sold
- AED 1.25M · April 2025
- Building
- Falcon Tower
About 502, Falcon Tower
502 is a one-bedroom apartment of 946 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 1,249,633, or AED 1,321 per sqft, 23% below the AED 1,712 one-beds in the building were fetching at the time.
It has been rented continuously since 2011 on 19 Ejari contracts. The current contract, renewed on 25 June 2026, is AED 115,763 a year: a gross yield of 9.3% on the 2025 price, before the service charge of about AED 16,000 a year.
Sales and rents for 502 over time
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Falcon Tower, and where 502 sits
All 38 1-beds →502 last sold in April 2025 at AED 1,321 per sqft, 23% below what one-beds in Falcon Tower were fetching at the time (AED 1,712). 502's AED 115,763 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Apr 202530 April 2025 | 946 sqft | 1,770,633 | 1,872 | ||
| 30 Apr 202530 April 2025 | 946 sqft | 1,249,633 | 1,321 | ||
| 30 Apr 202530 April 2025 | 946 sqft | 1,634,633 | 1,728 | ||
| 30 Apr 202530 April 2025 | 946 sqft | 1,557,633 | 1,647 |
Falcon Tower
Building195 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
Other units on the 5th floor
All 195 units in Falcon Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,888 sqft | AED 1.83MAED 1,829,633 · Apr 2025April 2025 | 115,500 /yr | |
| 503 | 2-bed | 1,907 sqft | AED 1.83MAED 1,834,633 · Apr 2025April 2025 | 125,000 /yr | |
| 504 | 2-bed | 1,888 sqft | AED 2.3MAED 2,303,633 · Apr 2025April 2025 | 110,250 /yr | |
| 505 | 1-bed | 946 sqft | AED 1.41MAED 1,408,633 · Apr 2025April 2025 | 100,000 /yr | |
| 506 | 2-bed | 1,954 sqft | AED 2.3MAED 2,303,633 · Apr 2025April 2025 | 110,250 /yr |
502, Falcon Tower in numbers
- Sold once: by the developer on 30 April 2025 for AED 1,249,633, or AED 1,321 per sqft.
- Rented since May 2011 on 19 Ejari contracts. The rent fell from AED 104,297 to AED 60,000 in 2022 and recovered to AED 115,763 by June 2026.
- At AED 115,763 a year the gross yield on the 2025 price is 9.3%, before a service charge of about AED 16,000 a year (AED 16.87 per sqft).
Source: Dubai Land Department. Updated 25 June 2026.
Questions about 502, Falcon Tower
What did unit 502 last sell for?
AED 1,249,633 on 30 April 2025, sold by the developer: AED 1,321 per sqft for 946 sqft. It is the only registered sale of the unit.
What is the rent for unit 502?
AED 115,763 a year on the contract renewed on 25 June 2026. The previous contract, from June 2025, was AED 110,250; the unit has been rented since May 2011.
How big is unit 502?
946 sqft (87.9 sqm): a one-bedroom apartment on the 5th floor of a 39-storey tower.
What is unit 502 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 502, Falcon Tower
Starts from the last sale price (AED 1.25M, 30 April 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,249,633
- Deposit, UAE resident (20%)
- AED 249,927
- Deposit, non-resident (40%)
- AED 499,853
- Monthly over 25 years at 3.7%
- AED 5,113
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →