503, 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 503, Falcon Tower
What is 503 worth today?
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Source: Dubai Land Department. Updated 30 April 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,907 sqft
- Floor
- 5th of 39
- Parking
- 1
- Service charge
- AED 32,200 /yr
- Last sold
- AED 1.83M · April 2025
- Building
- Falcon Tower
About 503, Falcon Tower
503 is a two-bedroom apartment of 1,907 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 1,834,633, or AED 961 per sqft, 30% below the AED 1,375 two-beds in the building were fetching at the time.
It has been rented continuously since 2011 on 10 Ejari contracts. The current contract, signed on 10 October 2024, is AED 125,000 a year: a gross yield of 6.8% on the 2025 price, before the service charge of about AED 32,200 a year.
Sales and rents for 503 over time
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 503 sits
All 77 2-beds →503 last sold in April 2025 at AED 961 per sqft, 30% below what two-beds in Falcon Tower were fetching at the time (AED 1,375). 503's AED 125,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Apr 202530 April 2025 | 1,907 sqft | 1,834,633 | 961 | ||
| 30 Apr 202530 April 2025 | 1,888 sqft | 1,814,633 | 961 | ||
| 30 Apr 202530 April 2025 | 1,954 sqft | 2,725,633 | 1,395 | ||
| 30 Apr 202530 April 2025 | 1,888 sqft | 2,234,633 | 1,183 |
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 | |
| 502 | 1-bed | 946 sqft | AED 1.25MAED 1,249,633 · Apr 2025April 2025 | 115,763 /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 |
503, Falcon Tower in numbers
- Sold once: by the developer on 30 April 2025 for AED 1,834,633, or AED 961 per sqft.
- Rented since April 2011 on 10 Ejari contracts. The rent fell from AED 106,260 to AED 29,189 in 2019 and recovered to AED 125,000 by October 2024.
- At AED 125,000 a year the gross yield on the 2025 price is 6.8%, before a service charge of about AED 32,200 a year (AED 16.87 per sqft).
Source: Dubai Land Department. Updated 30 April 2025.
Questions about 503, Falcon Tower
What did unit 503 last sell for?
AED 1,834,633 on 30 April 2025, sold by the developer: AED 961 per sqft for 1,907 sqft. It is the only registered sale of the unit.
What is the rent for unit 503?
AED 125,000 a year on the contract signed on 10 October 2024. The previous contract, from July 2024, was AED 104,186; the unit has been rented since April 2011.
How big is unit 503?
1,907 sqft (177.2 sqm): a two-bedroom apartment on the 5th floor of a 39-storey tower.
What is unit 503 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 503, 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 1,834,633
- Deposit, UAE resident (20%)
- AED 366,927
- Deposit, non-resident (40%)
- AED 733,853
- Monthly over 25 years at 3.7%
- AED 7,506
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →