1-bed · 1,073 sqftAl Falak Residence, Dubai Silicon Oasis · 2nd floor · completed 2015

202, Al Falak Residence

Sold prices and rental history: sold once, by the developer in July 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 659K9 July 2018
Current rentAED 63K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, Al Falak Residence

What is 202 worth today?

Last sold for AED 659,000 in 2018

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1 Sep 2026RentedNew contract
AED 63,170/yr12 months · AED 59 per sqft
12 Feb 2025RentedRenewal
AED 60,400/yr12 months · AED 56 per sqft
12 Feb 2025RentedRenewal
AED 60,400/yr12 months · AED 56 per sqft
12 Feb 2024RentedNew contract
AED 58,000/yr12 months · AED 54 per sqft
1 Feb 2023RentedNew contract
AED 51,000/yr12 months · AED 47 per sqft
1 Jan 2022RentedNew contract
AED 40,000/yr12 months · AED 37 per sqft
10 Dec 2020RentedNew contract
AED 33,000/yr12 months · AED 31 per sqft
9 Jul 2018Sold by developerReady
AED 659,000AED 614 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
1-bed apartment
Size
1,073 sqft
Floor
2nd of 8
Parking
G-14
Developer
Al Falak Residenceo
Completed
2015
Service charge
AED 12,600 /yr
Last sold
AED 659K · July 2018

About 202, Al Falak Residence

202 is a one-bedroom apartment of 1,073 sqft on the 2nd 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 July 2018 for AED 659,000, or AED 614 per sqft, 29% below the AED 869 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 1 September 2026, is AED 63,170 a year: a gross yield of 9.6% on the 2018 price, before the service charge of about AED 12,600 a year.

Sales and rents for 202 over time

Sales
Unit 202, 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, July 2018: AED 659,000 (AED 614 per sqft)

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

Rents
Unit 202, each contractTypical one-bed in Al Falak Residence
40K60K2018202120242027Typical 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, December 2020: AED 33,000 a yearNew contract, January 2022: AED 40,000 a yearNew contract, February 2023: AED 51,000 a yearNew contract, February 2024: AED 58,000 a yearRenewal, February 2025: AED 60,400 a yearRenewal, February 2025: AED 60,400 a yearNew contract, September 2026: AED 63,170 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 202 sits

All 63 1-beds →

202 last sold in July 2018 at AED 614 per sqft, 29% below what one-beds in Al Falak Residence were fetching at the time (AED 869). 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. 202's AED 63,170 is at the top 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 2nd floor

All 95 units in Al Falak Residence
Value
2012-bedAED 823K · Dec 2024
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

202, Al Falak Residence in numbers

  • Sold once: by Al Falak Residenceo on 9 July 2018 for AED 659,000, or AED 614 per sqft.
  • Rented since December 2020 on 7 Ejari contracts, from AED 33,000 to AED 63,170 a year.
  • At AED 63,170 a year the gross yield on the 2018 price is 9.6%, before a service charge of about AED 12,600 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 1 September 2026.

Questions about 202, Al Falak Residence

What did unit 202 last sell for?

AED 659,000 on 9 July 2018, sold by the developer: AED 614 per sqft for 1,073 sqft. It is the only registered sale of the unit.

What is the rent for unit 202?

AED 63,170 a year on the contract signed on 1 September 2026. The previous contract, from February 2025, was AED 60,400; the unit has been rented since December 2020.

How big is unit 202?

1,073 sqft (99.7 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2015.

What is unit 202 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 202, Al Falak Residence

Starts from the last sale price (AED 659K, 9 July 2018). Switch to today's estimate once you have unlocked it.
Price
AED 659,000
Deposit, UAE resident (20%)
AED 131,800
Deposit, non-resident (40%)
AED 263,600
Monthly over 25 years at 3.7%
AED 2,696

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