701, Falcon Tower
Sold prices and rental history: sold once, by the developer in February 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Falcon Tower
What is 701 worth today?
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Source: Dubai Land Department. Updated 1 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,888 sqft
- Floor
- 7th of 39
- Parking
- 1
- Service charge
- AED 31,800 /yr
- Last sold
- AED 2.34M · February 2025
- Building
- Falcon Tower
About 701, Falcon Tower
701 is a two-bedroom apartment of 1,888 sqft on the 7th floor of Falcon Tower, a 39-storey tower in Business Bay. The developer sold it on 7 February 2025 for AED 2,335,633, or AED 1,237 per sqft, 7% below the AED 1,323 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 1 January 2026, is AED 115,000 a year: a gross yield of 4.9% on the 2025 price, before the service charge of about AED 31,800 a year.
Sales and rents for 701 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 701 sits
All 77 2-beds →701 last sold in February 2025 at AED 1,237 per sqft, 7% below what two-beds in Falcon Tower were fetching at the time (AED 1,323). 701's AED 115,000 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 7th floor
All 195 units in Falcon Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 1-bed | 946 sqft | AED 1.28MAED 1,279,633 · Feb 2025February 2025 | 105,000 /yr | |
| 703 | 2-bed | 1,907 sqft | AED 2.34MAED 2,336,187 · Feb 2025February 2025 | 115,500 /yr | |
| 704 | 2-bed | 1,888 sqft | AED 2.78MAED 2,778,633 · Feb 2025February 2025 | 105,000 /yr | |
| 705 | 1-bed | 946 sqft | AED 1.58MAED 1,584,633 · Feb 2025February 2025 | 105,000 /yr | |
| 706 | 2-bed | 1,954 sqft | AED 2.78MAED 2,778,633 · Feb 2025February 2025 | 98,175 /yr |
701, Falcon Tower in numbers
- Sold once: by the developer on 7 February 2025 for AED 2,335,633, or AED 1,237 per sqft.
- Rented since July 2013 on 12 Ejari contracts. The rent fell from AED 104,740 to AED 83,000 in 2021 and recovered to AED 115,000 by January 2026.
- At AED 115,000 a year the gross yield on the 2025 price is 4.9%, before a service charge of about AED 31,800 a year (AED 16.87 per sqft).
Source: Dubai Land Department. Updated 1 January 2026.
Questions about 701, Falcon Tower
What did unit 701 last sell for?
AED 2,335,633 on 7 February 2025, sold by the developer: AED 1,237 per sqft for 1,888 sqft. It is the only registered sale of the unit.
What is the rent for unit 701?
AED 115,000 a year on the contract signed on 1 January 2026. The previous contract, from January 2024, was AED 120,000; the unit has been rented since July 2013.
How big is unit 701?
1,888 sqft (175.4 sqm): a two-bedroom apartment on the 7th floor of a 39-storey tower.
What is unit 701 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 701, Falcon Tower
Starts from the last sale price (AED 2.34M, 7 February 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,335,633
- Deposit, UAE resident (20%)
- AED 467,127
- Deposit, non-resident (40%)
- AED 934,253
- Monthly over 25 years at 3.7%
- AED 9,556
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →