706, 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 706, Falcon Tower
What is 706 worth today?
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Source: Dubai Land Department. Updated 6 February 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,954 sqft
- Floor
- 7th of 39
- Parking
- 2
- Service charge
- AED 33,000 /yr
- Last sold
- AED 2.78M · February 2025
- Building
- Falcon Tower
About 706, Falcon Tower
706 is a two-bedroom apartment of 1,954 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 1,422 per sqft, in line with the AED 1,403 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, renewed on 22 October 2023, is AED 98,175 a year: a gross yield of 3.5% on the 2025 price, before the service charge of about AED 33,000 a year.
Sales and rents for 706 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 706 sits
All 77 2-beds →706 last sold in February 2025 at AED 1,422 per sqft, in line with what two-beds in Falcon Tower were fetching at the time (AED 1,403). 706's AED 98,175 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 | |
| 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, Falcon Tower in numbers
- Sold once: by the developer on 6 February 2025 for AED 2,778,633, or AED 1,422 per sqft.
- Rented since July 2012 on 12 Ejari contracts, from AED 99,750 to AED 98,175 a year.
- At AED 98,175 a year the gross yield on the 2025 price is 3.5%, before a service charge of about AED 33,000 a year (AED 16.87 per sqft).
Source: Dubai Land Department. Updated 6 February 2025.
Questions about 706, Falcon Tower
What did unit 706 last sell for?
AED 2,778,633 on 6 February 2025, sold by the developer: AED 1,422 per sqft for 1,954 sqft. It is the only registered sale of the unit.
What is the rent for unit 706?
AED 98,175 a year on the contract renewed on 22 October 2023. The previous contract, from October 2022, was AED 93,500; the unit has been rented since July 2012.
How big is unit 706?
1,954 sqft (181.5 sqm): a two-bedroom apartment on the 7th floor of a 39-storey tower.
What is unit 706 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 706, 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 →