1-bed · 651 sqftAl Falak Residence, Dubai Silicon Oasis · 2nd floor · completed 2015

204, Al Falak Residence

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

Unit 204 · DLD and Ejari recordsUpdated 1 May 2026
Last soldAED 640K24 January 2018
Current rentAED 50K /yr1 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, Al Falak Residence

What is 204 worth today?

Last sold for AED 639,715 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 May 2026RentedRenewal
AED 50,000/yr12 months · AED 77 per sqft
1 May 2025RentedNew contract
AED 50,000/yr12 months · AED 77 per sqft
1 May 2025RentedNew contract
AED 50,000/yr12 months · AED 77 per sqft
25 Feb 2023RentedNew contract
AED 34,500/yr12 months · AED 53 per sqft
25 Feb 2022RentedNew contract
AED 30,000/yr12 months · AED 46 per sqft
20 Feb 2021RentedNew contract
AED 29,000/yr12 months · AED 45 per sqft
20 Feb 2020RentedNew contract
AED 32,000/yr12 months · AED 49 per sqft
7 Feb 2019RentedNew contract
AED 44,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 1 May 2026.

Key facts

Type
1-bed apartment
Size
651 sqft
Floor
2nd of 8
Parking
G-16
Developer
Al Falak Residenceo
Completed
2015
Service charge
AED 7,600 /yr
Last sold
AED 640K · January 2018

About 204, Al Falak Residence

204 is a one-bedroom apartment of 651 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 24 January 2018 for AED 639,715, or AED 982 per sqft, 7% above the AED 921 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, renewed on 1 May 2026, is AED 50,000 a year: a gross yield of 7.8% on the 2018 price, before the service charge of about AED 7,600 a year.

Sales and rents for 204 over time

Sales
Unit 204, 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, January 2018: AED 639,715 (AED 982 per sqft)

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

Rents
Unit 204, each contractTypical one-bed in Al Falak Residence
30K40K50K2018202120242027Typical 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, February 2018: AED 47,000 a yearNew contract, February 2019: AED 44,000 a yearNew contract, February 2020: AED 32,000 a yearNew contract, February 2021: AED 29,000 a yearNew contract, February 2022: AED 30,000 a yearNew contract, February 2023: AED 34,500 a yearNew contract, May 2025: AED 50,000 a yearNew contract, May 2025: AED 50,000 a yearRenewal, May 2026: AED 50,000 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 204 sits

All 63 1-beds →

204 last sold in January 2018 at AED 982 per sqft, 7% above what one-beds in Al Falak Residence were fetching at the time (AED 921). 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. 204's AED 50,000 is in the lower 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 2nd floor

All 95 units in Al Falak Residence
Value
2012-bedAED 823K · Dec 2024
2021-bedAED 659K · Jul 2018
2032-bedAED 750K · Jan 2024
2051-bedAED 684K · Jan 2018
2061-bedAED 425K · Mar 2023
2071-bedAED 580K · Feb 2018
2082-bedAED 730K · Dec 2023
1–7 of 13

204, Al Falak Residence in numbers

  • Sold once: by Al Falak Residenceo on 24 January 2018 for AED 639,715, or AED 982 per sqft.
  • Rented since February 2018 on 9 Ejari contracts. The rent fell from AED 47,000 to AED 29,000 in 2021 and recovered to AED 50,000 by May 2026.
  • At AED 50,000 a year the gross yield on the 2018 price is 7.8%, 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 1 May 2026.

Questions about 204, Al Falak Residence

What did unit 204 last sell for?

AED 639,715 on 24 January 2018, sold by the developer: AED 982 per sqft for 651 sqft. It is the only registered sale of the unit.

What is the rent for unit 204?

AED 50,000 a year on the contract renewed on 1 May 2026. The previous contract, from May 2025, was AED 50,000; the unit has been rented since February 2018.

How big is unit 204?

651 sqft (60.5 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2015.

What is unit 204 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.

Selling 204? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 204, Al Falak Residence

Starts from the last sale price (AED 640K, 24 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 639,715
Deposit, UAE resident (20%)
AED 127,943
Deposit, non-resident (40%)
AED 255,886
Monthly over 25 years at 3.7%
AED 2,617

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