2-bed · 1,220 sqftAl Falak Residence, Dubai Silicon Oasis · 2nd floor · completed 2015

201, Al Falak Residence

Sold prices and rental history: sold twice, last in December 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 201 · DLD and Ejari recordsUpdated 25 May 2025
Last soldAED 823K19 December 2024
Current rentAED 85K /yr25 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 201, Al Falak Residence

What is 201 worth today?

Last sold for AED 823,000 in 2024

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25 May 2025RentedNew contract
AED 85,000/yr12 months · AED 70 per sqft
25 May 2025RentedNew contract
AED 85,000/yr12 months · AED 70 per sqft
9 Apr 2025RentedNew contract
AED 87,000/yr12 months · AED 71 per sqft
9 Apr 2025RentedNew contract
AED 87,000/yr12 months · AED 71 per sqft
1 Apr 2025RentedNew contract
AED 87,000/yr12 months · AED 71 per sqft
1 Apr 2025RentedNew contract
AED 87,000/yr12 months · AED 71 per sqft
19 Dec 2024SoldReady
AED 823,000AED 674 per sqft
10 Jan 2024RentedNew contract
AED 70,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 25 May 2025.

Key facts

Type
2-bed apartment
Size
1,220 sqft
Floor
2nd of 8
Parking
G-13
Developer
Al Falak Residenceo
Completed
2015
Service charge
AED 14,300 /yr
Last sold
AED 823K · December 2024

About 201, Al Falak Residence

201 is a two-bedroom apartment of 1,220 sqft on the 2nd floor of Al Falak Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2015 by Al Falak Residenceo. It last sold on 19 December 2024 for AED 823,000, or AED 674 per sqft, 13% above the AED 598 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, signed on 25 May 2025, is AED 85,000 a year: a gross yield of 10.3% on the 2024 price, before the service charge of about AED 14,300 a year.

Sales and rents for 201 over time

Sales
Unit 201, 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, December 2023: AED 730,000 (AED 598 per sqft)Sold, December 2024: AED 823,000 (AED 674 per sqft)

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

Rents
Unit 201, 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, December 2017: AED 71,000 a yearNew contract, August 2018: AED 75,000 a yearRenewal, August 2019: AED 75,000 a yearNew contract, January 2024: AED 70,000 a yearNew contract, April 2025: AED 87,000 a yearNew contract, April 2025: AED 87,000 a yearNew contract, April 2025: AED 87,000 a yearNew contract, April 2025: AED 87,000 a yearNew contract, May 2025: AED 85,000 a yearNew contract, May 2025: AED 85,000 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 201 sits

All 32 2-beds →

201 last sold in December 2024 at AED 674 per sqft, 13% above what two-beds in Al Falak Residence were fetching at the time (AED 598). 201's AED 85,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Jan 2025820,000
9 Oct 2024830,000
13 Sep 2024825,000
16 Aug 2024845,000
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 2nd floor

All 95 units in Al Falak Residence
Value
2021-bedAED 659K · Jul 2018
2032-bedAED 750K · Jan 2024
2041-bedAED 640K · Jan 2018
2051-bedAED 684K · Jan 2018
2061-bedAED 425K · Mar 2023
2071-bedAED 580K · Feb 2018
2082-bedAED 730K · Dec 2023
1–7 of 13

201, Al Falak Residence in numbers

  • Sold twice: first on 22 December 2023 for AED 730,000, last on 19 December 2024 for AED 823,000 (AED 674 per sqft).
  • Rented since December 2017 on 10 Ejari contracts, from AED 71,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2024 price is 10.3%, before a service charge of about AED 14,300 a year (AED 11.74 per sqft).

Source: Dubai Land Department. Updated 25 May 2025.

Questions about 201, Al Falak Residence

What did unit 201 last sell for?

AED 823,000 on 19 December 2024: AED 674 per sqft for 1,220 sqft. The unit has 2 registered sales; the first was AED 730,000 in December 2023.

What is the rent for unit 201?

AED 85,000 a year on the contract signed on 25 May 2025. The previous contract, from May 2025, was AED 85,000; the unit has been rented since December 2017.

How big is unit 201?

1,220 sqft (113.3 sqm): a two-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2015.

What is unit 201 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 201, Al Falak Residence

Starts from the last sale price (AED 823K, 19 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 823,000
Deposit, UAE resident (20%)
AED 164,600
Deposit, non-resident (40%)
AED 329,200
Monthly over 25 years at 3.7%
AED 3,367

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