101, Al Falak Residence
Sold prices and rental history: sold once, by the developer in November 2023, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 101, Al Falak Residence
What is 101 worth today?
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Source: Dubai Land Department. Updated 22 November 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,220 sqft
- Floor
- 1st of 8
- Parking
- G-1
- Developer
- Al Falak Residenceo
- Completed
- 2015
- Service charge
- AED 14,300 /yr
- Last sold
- AED 680K · November 2023
- Building
- Al Falak Residence
About 101, Al Falak Residence
101 is a two-bedroom apartment of 1,220 sqft on the 1st floor of Al Falak Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2015 by Al Falak Residenceo. The developer sold it on 22 November 2023 for AED 680,000, or AED 557 per sqft, 4% below the AED 579 two-beds in the building were fetching at the time.
It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 25 January 2021, is AED 48,000 a year: a gross yield of 7.1% on the 2023 price, before the service charge of about AED 14,300 a year.
Sales and rents for 101 over time
101 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Al Falak Residence, and where 101 sits
All 32 2-beds →101 last sold in November 2023 at AED 557 per sqft, 4% below what two-beds in Al Falak Residence were fetching at the time (AED 579). 101's AED 48,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Jan 20253 January 2025 | 1,220 sqft | 820,000 | 672 | ||
| 19 Dec 202419 December 2024 | 1,220 sqft | 823,000 | 674 | ||
| 9 Oct 20249 October 2024 | 1,768 sqft | 830,000 | 469 | ||
| 13 Sep 202413 September 2024 | 1,931 sqft | 825,000 | 427 |
Al Falak Residence
Building95 apartments, 1-bed to 2-bed over 8 floors in Dubai Silicon Oasis, completed in 2015 by Al Falak Residenceo. 4 sold in the last 12 months.
- Typical price per sqft
- AED 830
- Typical sale
- AED 575K
- Typical rent
- AED 50K /yr
- Typical yield
- 8.3%
Other units on the 1st floor
All 95 units in Al Falak Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 102 | 2-bed | 1,220 sqft | AED 820KAED 820,000 · Jan 2025January 2025 | 72,000 /yr | |
| 103 | 1-bed | 651 sqft | AED 580KAED 580,000 · Apr 2018April 2018 | 55,000 /yr | |
| 105 | 1-bed | 650 sqft | AED 330KAED 330,000 · Mar 2022March 2022 | 52,000 /yr | |
| 106 | 1-bed | 651 sqft | AED 480KAED 480,000 · Mar 2026March 2026 | 42,630 /yr | |
| 107 | 2-bed | 1,191 sqft | AED 665KAED 665,000 · Nov 2023November 2023 | 63,300 /yr | |
| 108 | 2-bed | 1,191 sqft | AED 950KAED 950,000 · Feb 2018February 2018 | ||
| 109 | 1-bed | 651 sqft | AED 605KAED 605,000 · Jun 2025June 2025 | 52,000 /yr | |
| 110 | 1-bed | 696 sqft | AED 525KAED 525,000 · May 2018May 2018 | 45,000 /yr | |
| 111 | 1-bed | 650 sqft | AED 545KAED 545,000 · Apr 2018April 2018 | 48,000 /yr | |
| 112 | 1-bed | 651 sqft | AED 440KAED 440,000 · Mar 2024March 2024 | 55,000 /yr |
101, Al Falak Residence in numbers
- Sold once: by Al Falak Residenceo on 22 November 2023 for AED 680,000, or AED 557 per sqft.
- Rented since January 2018 on 3 Ejari contracts, from AED 71,000 to AED 48,000 a year.
- At AED 48,000 a year the gross yield on the 2023 price is 7.1%, before a service charge of about AED 14,300 a year (AED 11.74 per sqft).
Source: Dubai Land Department. Updated 22 November 2023.
Questions about 101, Al Falak Residence
What did unit 101 last sell for?
AED 680,000 on 22 November 2023, sold by the developer: AED 557 per sqft for 1,220 sqft. It is the only registered sale of the unit.
What is the rent for unit 101?
AED 48,000 a year on the contract signed on 25 January 2021. The previous contract, from January 2019, was AED 71,000; the unit has been rented since January 2018.
How big is unit 101?
1,220 sqft (113.3 sqm): a two-bedroom apartment on the 1st floor of a 8-storey tower completed in 2015.
What is unit 101 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 101, Al Falak Residence
Starts from the last sale price (AED 680K, 22 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 680,000
- Deposit, UAE resident (20%)
- AED 136,000
- Deposit, non-resident (40%)
- AED 272,000
- Monthly over 25 years at 3.7%
- AED 2,782
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →