203, Al Falak Residence
Sold prices and rental history: sold twice, last in January 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 203, Al Falak Residence
What is 203 worth today?
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Source: Dubai Land Department. Updated 26 May 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,220 sqft
- Floor
- 2nd of 8
- Parking
- G-15
- Developer
- Al Falak Residenceo
- Completed
- 2015
- Service charge
- AED 14,300 /yr
- Last sold
- AED 750K · January 2024
- Building
- Al Falak Residence
About 203, Al Falak Residence
203 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 3 January 2024 for AED 750,000, or AED 614 per sqft, 3% above the AED 596 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 26 May 2026, is AED 84,000 a year: a gross yield of 11.2% on the 2024 price, before the service charge of about AED 14,300 a year.
Sales and rents for 203 over time
203 has sold twice; 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 203 sits
All 32 2-beds →203 last sold in January 2024 at AED 614 per sqft, 3% above what two-beds in Al Falak Residence were fetching at the time (AED 596). 203's AED 84,000 is at the top 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 2nd floor
All 95 units in Al Falak Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 2-bed | 1,220 sqft | AED 823KAED 823,000 · Dec 2024December 2024 | 85,000 /yr | |
| 202 | 1-bed | 1,073 sqft | AED 659KAED 659,000 · Jul 2018July 2018 | 63,170 /yr | |
| 204 | 1-bed | 651 sqft | AED 640KAED 639,715 · Jan 2018January 2018 | 50,000 /yr | |
| 205 | 1-bed | 696 sqft | AED 684KAED 683,935 · Jan 2018January 2018 | 40,000 /yr | |
| 206 | 1-bed | 650 sqft | AED 425KAED 425,000 · Mar 2023March 2023 | 55,000 /yr | |
| 207 | 1-bed | 651 sqft | AED 580KAED 580,000 · Feb 2018February 2018 | 49,000 /yr | |
| 208 | 2-bed | 1,191 sqft | AED 730KAED 730,000 · Dec 2023December 2023 | 75,000 /yr | |
| 209 | 1-bed | 697 sqft | AED 600KAED 600,000 · Jan 2018January 2018 | 35,000 /yr | |
| 210 | 2-bed | 1,191 sqft | AED 630KAED 630,000 · Oct 2023October 2023 | 76,860 /yr | |
| 211 | 1-bed | 651 sqft | AED 600KAED 600,000 · Jan 2018January 2018 | 35,000 /yr | |
| 212 | 1-bed | 650 sqft | AED 600KAED 600,000 · Jan 2018January 2018 | 35,000 /yr | |
| 213 | 1-bed | 696 sqft | AED 600KAED 600,000 · Jan 2018January 2018 | 55,000 /yr | |
| 214 | 1-bed | 651 sqft | AED 640KAED 639,715 · Jan 2018January 2018 | 35,000 /yr |
203, Al Falak Residence in numbers
- Sold twice: first on 28 June 2018 for AED 850,000, last on 3 January 2024 for AED 750,000 (AED 614 per sqft).
- Rented since December 2017 on 6 Ejari contracts, from AED 71,000 to AED 84,000 a year.
- At AED 84,000 a year the gross yield on the 2024 price is 11.2%, before a service charge of about AED 14,300 a year (AED 11.74 per sqft).
Source: Dubai Land Department. Updated 26 May 2026.
Questions about 203, Al Falak Residence
What did unit 203 last sell for?
AED 750,000 on 3 January 2024: AED 614 per sqft for 1,220 sqft. The unit has 2 registered sales; the first was AED 850,000 in June 2018.
What is the rent for unit 203?
AED 84,000 a year on the contract renewed on 26 May 2026. The previous contract, from May 2025, was AED 87,000; the unit has been rented since December 2017.
How big is unit 203?
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 203 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 203, Al Falak Residence
Starts from the last sale price (AED 750K, 3 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 750,000
- Deposit, UAE resident (20%)
- AED 150,000
- Deposit, non-resident (40%)
- AED 300,000
- Monthly over 25 years at 3.7%
- AED 3,068
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →