1-bed · 650 sqftAl Falak Residence, Dubai Silicon Oasis · 2nd floor · completed 2015

206, Al Falak Residence

Sold prices and rental history: sold twice, last in March 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 7 February 2026
Last soldAED 425K2 March 2023
Current rentAED 55K /yr7 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, Al Falak Residence

What is 206 worth today?

Last sold for AED 425,000 in 2023

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7 Feb 2026RentedRenewal
AED 55,000/yr12 months · AED 85 per sqft
7 Feb 2025RentedNew contract
AED 53,000/yr12 months · AED 82 per sqft
27 Dec 2023RentedNew contract
AED 50,000/yr12 months · AED 77 per sqft
2 Mar 2023SoldReady
AED 425,000AED 653 per sqft
4 Dec 2022RentedRenewal
AED 45,000/yr12 months · AED 69 per sqft
4 Dec 2021RentedNew contract
AED 45,000/yr12 months · AED 69 per sqft
18 Nov 2020RentedNew contract
AED 40,000/yr12 months · AED 62 per sqft
5 Feb 2018Sold by developerReady
AED 550,000AED 845 per sqft

Source: Dubai Land Department. Updated 7 February 2026.

Key facts

Type
1-bed apartment
Size
650 sqft
Floor
2nd of 8
Parking
G-18
Developer
Al Falak Residenceo
Completed
2015
Service charge
AED 7,600 /yr
Last sold
AED 425K · March 2023

About 206, Al Falak Residence

206 is a one-bedroom apartment of 650 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 2 March 2023 for AED 425,000, or AED 653 per sqft, 9% above the AED 598 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 7 February 2026, is AED 55,000 a year: a gross yield of 12.9% on the 2023 price, before the service charge of about AED 7,600 a year.

Sales and rents for 206 over time

Sales
Unit 206, 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, February 2018: AED 550,000 (AED 845 per sqft)Sold, March 2023: AED 425,000 (AED 653 per sqft)

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

Rents
Unit 206, each contractTypical one-bed in Al Falak Residence
40K2018202120242027Typical 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, November 2020: AED 40,000 a yearNew contract, December 2021: AED 45,000 a yearRenewal, December 2022: AED 45,000 a yearNew contract, December 2023: AED 50,000 a yearNew contract, February 2025: AED 53,000 a yearRenewal, February 2026: AED 55,000 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 206 sits

All 63 1-beds →

206 last sold in March 2023 at AED 653 per sqft, 9% above what one-beds in Al Falak Residence were fetching at the time (AED 598). 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. 206's AED 55,000 is in the upper 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
2041-bedAED 640K · Jan 2018
2051-bedAED 684K · Jan 2018
2071-bedAED 580K · Feb 2018
2082-bedAED 730K · Dec 2023
1–7 of 13

206, Al Falak Residence in numbers

  • Sold twice: first on 5 February 2018 for AED 550,000, last on 2 March 2023 for AED 425,000 (AED 653 per sqft).
  • Rented since November 2020 on 6 Ejari contracts, from AED 40,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2023 price is 12.9%, 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 7 February 2026.

Questions about 206, Al Falak Residence

What did unit 206 last sell for?

AED 425,000 on 2 March 2023: AED 653 per sqft for 650 sqft. The unit has 2 registered sales; the first was AED 550,000 in February 2018.

What is the rent for unit 206?

AED 55,000 a year on the contract renewed on 7 February 2026. The previous contract, from February 2025, was AED 53,000; the unit has been rented since November 2020.

How big is unit 206?

650 sqft (60.4 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2015.

What is unit 206 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 206, Al Falak Residence

Starts from the last sale price (AED 425K, 2 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 425,000
Deposit, UAE resident (20%)
AED 85,000
Deposit, non-resident (40%)
AED 170,000
Monthly over 25 years at 3.7%
AED 1,739

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