1-bed · 651 sqftAl Falak Residence, Dubai Silicon Oasis · 1st floor · completed 2015

103, Al Falak Residence

Sold prices and rental history: sold once, by the developer in April 2018, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 15 October 2025
Last soldAED 580K9 April 2018
Current rentAED 55K /yr15 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Al Falak Residence

What is 103 worth today?

Last sold for AED 580,000 in 2018

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15 Oct 2025RentedNew contract
AED 55,000/yr12 months · AED 84 per sqft
21 Sep 2024RentedRenewal
AED 46,500/yr12 months · AED 71 per sqft
21 Sep 2024RentedRenewal
AED 46,500/yr12 months · AED 71 per sqft
21 Sep 2023RentedNew contract
AED 42,000/yr12 months · AED 64 per sqft
1 Sep 2022RentedNew contract
AED 32,000/yr12 months · AED 49 per sqft
1 Aug 2020RentedNew contract
AED 30,000/yr12 months · AED 46 per sqft
15 May 2018RentedNew contract
AED 50,000/yr12 months · AED 77 per sqft
9 Apr 2018Sold by developerReady
AED 580,000AED 890 per sqft

Source: Dubai Land Department. Updated 15 October 2025.

Key facts

Type
1-bed apartment
Size
651 sqft
Floor
1st of 8
Parking
G-3
Developer
Al Falak Residenceo
Completed
2015
Service charge
AED 7,600 /yr
Last sold
AED 580K · April 2018

About 103, Al Falak Residence

103 is a one-bedroom apartment of 651 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 9 April 2018 for AED 580,000, or AED 890 per sqft, in line with the AED 876 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 15 October 2025, is AED 55,000 a year: a gross yield of 9.5% on the 2018 price, before the service charge of about AED 7,600 a year.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical one-bed in Al Falak Residence
400K600K2018202120242027Typical sale price by year: 2018 AED 580,000; 2019 AED 500,000; 2021 AED 337,500; 2023 AED 400,000; 2025 AED 550,000; 2026 AED 570,000Sold by developer, April 2018: AED 580,000 (AED 890 per sqft)

103 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 103, each contractTypical one-bed in Al Falak Residence
40K2018202120242027Typical rent by year: 2018 AED 48,000; 2019 AED 41,502; 2020 AED 33,000; 2021 AED 28,000; 2022 AED 30,500; 2023 AED 34,800; 2024 AED 42,055; 2025 AED 44,400; 2026 AED 50,000New contract, May 2018: AED 50,000 a yearNew contract, August 2020: AED 30,000 a yearNew contract, September 2022: AED 32,000 a yearNew contract, September 2023: AED 42,000 a yearRenewal, September 2024: AED 46,500 a yearRenewal, September 2024: AED 46,500 a yearNew contract, October 2025: AED 55,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Al Falak Residence, and where 103 sits

All 63 1-beds →

103 last sold in April 2018 at AED 890 per sqft, in line with what one-beds in Al Falak Residence were fetching at the time (AED 876). Over the last 12 months one-beds sold for AED 480,000 to 582,141, around AED 830 per sqft, and rent for AED 42,000 to 63,170 a year. 103's AED 55,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Jul 2026580,000
16 Mar 2026480,000
23 Jan 2026570,000
9 Dec 2025582,141
4 1-bed sales in the last 12 months

Al Falak Residence

Building

95 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%
Al Falak Residence, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 1st floor

All 95 units in Al Falak Residence
Value
1012-bedAED 680K · Nov 2023
1022-bedAED 820K · Jan 2025
1051-bedAED 330K · Mar 2022
1061-bedAED 480K · Mar 2026
1072-bedAED 665K · Nov 2023
1082-bedAED 950K · Feb 2018
1091-bedAED 605K · Jun 2025
1–7 of 10

103, Al Falak Residence in numbers

  • Sold once: by Al Falak Residenceo on 9 April 2018 for AED 580,000, or AED 890 per sqft.
  • Rented since May 2018 on 7 Ejari contracts. The rent fell from AED 50,000 to AED 30,000 in 2020 and recovered to AED 55,000 by October 2025.
  • At AED 55,000 a year the gross yield on the 2018 price is 9.5%, before a service charge of about AED 7,600 a year (AED 11.74 per sqft).
  • One-beds in Al Falak Residence sold for AED 480,000–582,141 in the 12 months to November 2026; the building's median across all types is AED 830 per sqft.

Source: Dubai Land Department. Updated 15 October 2025.

Questions about 103, Al Falak Residence

What did unit 103 last sell for?

AED 580,000 on 9 April 2018, sold by the developer: AED 890 per sqft for 651 sqft. It is the only registered sale of the unit.

What is the rent for unit 103?

AED 55,000 a year on the contract signed on 15 October 2025. The previous contract, from September 2024, was AED 46,500; the unit has been rented since May 2018.

How big is unit 103?

651 sqft (60.5 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2015.

What is unit 103 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Falak Residence sold for AED 480,000 to 582,141 in the last 12 months, around AED 830 per sqft.

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Mortgage on 103, Al Falak Residence

Starts from the last sale price (AED 580K, 9 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 580,000
Deposit, UAE resident (20%)
AED 116,000
Deposit, non-resident (40%)
AED 232,000
Monthly over 25 years at 3.7%
AED 2,373

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →