705, 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 705, Falcon Tower
What is 705 worth today?
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Source: Dubai Land Department. Updated 6 February 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 946 sqft
- Floor
- 7th of 39
- Parking
- 1
- Service charge
- AED 16,000 /yr
- Last sold
- AED 1.58M · February 2025
- Building
- Falcon Tower
About 705, Falcon Tower
705 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 6 February 2025 for AED 1,584,633, or AED 1,675 per sqft, 9% below the AED 1,839 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 15 Ejari contracts. The current contract, renewed on 20 September 2024, is AED 105,000 a year: a gross yield of 6.6% on the 2025 price, before the service charge of about AED 16,000 a year.
Sales and rents for 705 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 705 sits
All 38 1-beds →705 last sold in February 2025 at AED 1,675 per sqft, 9% below what one-beds in Falcon Tower were fetching at the time (AED 1,839). 705'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 | |
| 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 | |
| 706 | 2-bed | 1,954 sqft | AED 2.78MAED 2,778,633 · Feb 2025February 2025 | 98,175 /yr |
705, Falcon Tower in numbers
- Sold once: by the developer on 6 February 2025 for AED 1,584,633, or AED 1,675 per sqft.
- Rented since July 2013 on 15 Ejari contracts. The rent fell from AED 99,330 to AED 63,000 in 2022 and recovered to AED 105,000 by September 2024.
- At AED 105,000 a year the gross yield on the 2025 price is 6.6%, before a service charge of about AED 16,000 a year (AED 16.87 per sqft).
Source: Dubai Land Department. Updated 6 February 2025.
Questions about 705, Falcon Tower
What did unit 705 last sell for?
AED 1,584,633 on 6 February 2025, sold by the developer: AED 1,675 per sqft for 946 sqft. It is the only registered sale of the unit.
What is the rent for unit 705?
AED 105,000 a year on the contract renewed on 20 September 2024. The previous contract, from February 2024, was AED 69,456; the unit has been rented since July 2013.
How big is unit 705?
946 sqft (87.9 sqm): a one-bedroom apartment on the 7th floor of a 39-storey tower.
What is unit 705 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 705, Falcon Tower
Starts from the last sale price (AED 1.58M, 6 February 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,584,633
- Deposit, UAE resident (20%)
- AED 316,927
- Deposit, non-resident (40%)
- AED 633,853
- Monthly over 25 years at 3.7%
- AED 6,483
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →