704, Falcon Tower
Sold prices and rental history: sold once, by the developer in February 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 704, Falcon Tower
What is 704 worth today?
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Source: Dubai Land Department. Updated 10 November 2025.
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 2.78M · February 2025
- Building
- Falcon Tower
About 704, Falcon Tower
704 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 6 February 2025 for AED 2,778,633, or AED 1,471 per sqft, 5% above the AED 1,403 two-beds in the building were fetching at the time.
It has been rented continuously since 2011 on 17 Ejari contracts. The current contract, renewed on 10 November 2025, is AED 105,000 a year: a gross yield of 3.8% on the 2025 price, before the service charge of about AED 31,800 a year.
Sales and rents for 704 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 704 sits
All 77 2-beds →704 last sold in February 2025 at AED 1,471 per sqft, 5% above what two-beds in Falcon Tower were fetching at the time (AED 1,403). 704's AED 105,000 is in the lower 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 | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,888 sqft | AED 2.34MAED 2,335,633 · Feb 2025February 2025 | 115,000 /yr | |
| 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 | |
| 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 |
704, Falcon Tower in numbers
- Sold once: by the developer on 6 February 2025 for AED 2,778,633, or AED 1,471 per sqft.
- Rented since August 2011 on 17 Ejari contracts. The rent fell from AED 120,000 to AED 90,000 in 2022 and recovered to AED 105,000 by November 2025.
- At AED 105,000 a year the gross yield on the 2025 price is 3.8%, before a service charge of about AED 31,800 a year (AED 16.87 per sqft).
Source: Dubai Land Department. Updated 10 November 2025.
Questions about 704, Falcon Tower
What did unit 704 last sell for?
AED 2,778,633 on 6 February 2025, sold by the developer: AED 1,471 per sqft for 1,888 sqft. It is the only registered sale of the unit.
What is the rent for unit 704?
AED 105,000 a year on the contract renewed on 10 November 2025. The previous contract, from November 2024, was AED 100,000; the unit has been rented since August 2011.
How big is unit 704?
1,888 sqft (175.4 sqm): a two-bedroom apartment on the 7th floor of a 39-storey tower.
What is unit 704 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 704, Falcon Tower
Starts from the last sale price (AED 2.78M, 6 February 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,778,633
- Deposit, UAE resident (20%)
- AED 555,727
- Deposit, non-resident (40%)
- AED 1,111,453
- Monthly over 25 years at 3.7%
- AED 11,368
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →