2-bed · 1,191 sqftAl Falak Residence, Dubai Silicon Oasis · 1st floor · completed 2015

107, Al Falak Residence

Sold prices and rental history: sold once, by the developer in November 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 107 · DLD and Ejari recordsUpdated 1 January 2026
Last soldAED 665K17 November 2023
Current rentAED 63K /yr1 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 107, Al Falak Residence

What is 107 worth today?

Last sold for AED 665,000 in 2023

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1 Jan 2026RentedNew contract
AED 63,300/yr12 months · AED 53 per sqft
17 Nov 2023Sold by developerReady
AED 665,000AED 558 per sqft
1 Jul 2022RentedRenewal
AED 49,000/yr12 months · AED 41 per sqft
1 Jul 2021RentedNew contract
AED 49,000/yr12 months · AED 41 per sqft
1 Jan 2019RentedRenewal
AED 71,000/yr12 months · AED 60 per sqft
1 Jan 2018RentedNew contract
AED 71,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 1 January 2026.

Key facts

Type
2-bed apartment
Size
1,191 sqft
Floor
1st of 8
Parking
G-7
Developer
Al Falak Residenceo
Completed
2015
Service charge
AED 14,000 /yr
Last sold
AED 665K · November 2023

About 107, Al Falak Residence

107 is a two-bedroom apartment of 1,191 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 17 November 2023 for AED 665,000, or AED 558 per sqft, 5% below the AED 586 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 1 January 2026, is AED 63,300 a year: a gross yield of 9.5% on the 2023 price, before the service charge of about AED 14,000 a year.

Sales and rents for 107 over time

Sales
Unit 107, each saleTypical two-bed in Al Falak Residence
600K800K1M2018202020222024Typical sale price by year: 2018 AED 967,480; 2022 AED 550,000; 2023 AED 680,000; 2024 AED 785,000Sold by developer, November 2023: AED 665,000 (AED 558 per sqft)

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

Rents
Unit 107, each contractTypical two-bed in Al Falak Residence
40K60K80K2017202020232026Typical rent by year: 2017 AED 71,000; 2018 AED 71,000; 2019 AED 70,000; 2020 AED 50,769; 2021 AED 43,000; 2022 AED 48,000; 2023 AED 58,500; 2024 AED 70,000; 2025 AED 79,000; 2026 AED 75,000New contract, January 2018: AED 71,000 a yearRenewal, January 2019: AED 71,000 a yearNew contract, July 2021: AED 49,000 a yearRenewal, July 2022: AED 49,000 a yearNew contract, January 2026: AED 63,300 a year

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 107 sits

All 32 2-beds →

107 last sold in November 2023 at AED 558 per sqft, 5% below what two-beds in Al Falak Residence were fetching at the time (AED 586). 107's AED 63,300 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Jan 2025820,000
19 Dec 2024823,000
9 Oct 2024830,000
13 Sep 2024825,000
0 2-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
1031-bedAED 580K · Apr 2018
1051-bedAED 330K · Mar 2022
1061-bedAED 480K · Mar 2026
1082-bedAED 950K · Feb 2018
1091-bedAED 605K · Jun 2025
1–7 of 10

107, Al Falak Residence in numbers

  • Sold once: by Al Falak Residenceo on 17 November 2023 for AED 665,000, or AED 558 per sqft.
  • Rented since January 2018 on 5 Ejari contracts. The rent fell from AED 71,000 to AED 49,000 in 2022 and recovered to AED 63,300 by January 2026.
  • At AED 63,300 a year the gross yield on the 2023 price is 9.5%, before a service charge of about AED 14,000 a year (AED 11.74 per sqft).

Source: Dubai Land Department. Updated 1 January 2026.

Questions about 107, Al Falak Residence

What did unit 107 last sell for?

AED 665,000 on 17 November 2023, sold by the developer: AED 558 per sqft for 1,191 sqft. It is the only registered sale of the unit.

What is the rent for unit 107?

AED 63,300 a year on the contract signed on 1 January 2026. The previous contract, from July 2022, was AED 49,000; the unit has been rented since January 2018.

How big is unit 107?

1,191 sqft (110.6 sqm): a two-bedroom apartment on the 1st floor of a 8-storey tower completed in 2015.

What is unit 107 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 107, Al Falak Residence

Starts from the last sale price (AED 665K, 17 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 665,000
Deposit, UAE resident (20%)
AED 133,000
Deposit, non-resident (40%)
AED 266,000
Monthly over 25 years at 3.7%
AED 2,721

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