702, Falcon Tower
Sold prices and rental history: sold once, by the developer in February 2025, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 702, Falcon Tower
What is 702 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 15 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 946 sqft
- Floor
- 7th of 39
- Parking
- 1
- Service charge
- AED 16,000 /yr
- Last sold
- AED 1.28M · February 2025
- Building
- Falcon Tower
About 702, Falcon Tower
702 is a one-bedroom apartment of 946 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 1,279,633, or AED 1,353 per sqft, 23% below the AED 1,752 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 17 Ejari contracts. The current contract, signed on 15 September 2026, is AED 105,000 a year: a gross yield of 8.2% on the 2025 price, before the service charge of about AED 16,000 a year.
Sales and rents for 702 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 702 sits
All 38 1-beds →702 last sold in February 2025 at AED 1,353 per sqft, 23% below what one-beds in Falcon Tower were fetching at the time (AED 1,752). 702's AED 105,000 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 7th floor
All 195 units in Falcon Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,888 sqft | AED 2.34MAED 2,335,633 · Feb 2025February 2025 | 115,000 /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 |
702, Falcon Tower in numbers
- Sold once: by the developer on 7 February 2025 for AED 1,279,633, or AED 1,353 per sqft.
- Rented since July 2012 on 17 Ejari contracts. The rent fell from AED 130,000 to AED 60,000 in 2022 and recovered to AED 105,000 by September 2026.
- At AED 105,000 a year the gross yield on the 2025 price is 8.2%, before a service charge of about AED 16,000 a year (AED 16.87 per sqft).
Source: Dubai Land Department. Updated 15 September 2026.
Questions about 702, Falcon Tower
What did unit 702 last sell for?
AED 1,279,633 on 7 February 2025, sold by the developer: AED 1,353 per sqft for 946 sqft. It is the only registered sale of the unit.
What is the rent for unit 702?
AED 105,000 a year on the contract signed on 15 September 2026. The previous contract, from September 2025, was AED 110,000; the unit has been rented since July 2012.
How big is unit 702?
946 sqft (87.9 sqm): a one-bedroom apartment on the 7th floor of a 39-storey tower.
What is unit 702 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 702? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 702, Falcon Tower
Starts from the last sale price (AED 1.28M, 7 February 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,279,633
- Deposit, UAE resident (20%)
- AED 255,927
- Deposit, non-resident (40%)
- AED 511,853
- Monthly over 25 years at 3.7%
- AED 5,235
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →