212, 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.
Property timeline for 212, Al Falak Residence
What is 212 worth today?
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Source: Dubai Land Department. Updated 12 June 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 650 sqft
- Floor
- 2nd of 8
- Parking
- G-24
- Developer
- Al Falak Residenceo
- Completed
- 2015
- Service charge
- AED 7,600 /yr
- Last sold
- AED 600K · January 2018
- Building
- Al Falak Residence
About 212, Al Falak Residence
212 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. The developer sold it on 24 January 2018 for AED 600,000, or AED 922 per sqft, in line with the AED 921 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 12 June 2022, is AED 35,000 a year: a gross yield of 5.8% on the 2018 price, before the service charge of about AED 7,600 a year.
Sales and rents for 212 over time
212 has sold once; the dashed line is the one-bed median of each year in the building.
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 212 sits
All 63 1-beds →212 last sold in January 2018 at AED 922 per sqft, in line with 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. 212's AED 35,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Jul 202613 July 2026 | 695 sqft | 580,000 | 834 | ||
| 16 Mar 202616 March 2026 | 651 sqft | 480,000 | 736 | ||
| 23 Jan 202623 January 2026 | 690 sqft | 570,000 | 825 | ||
| 9 Dec 20259 December 2025 | 690 sqft | 582,141 | 844 |
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 | |
| 203 | 2-bed | 1,220 sqft | AED 750KAED 750,000 · Jan 2024January 2024 | 84,000 /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 | |
| 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 |
212, Al Falak Residence in numbers
- Sold once: by Al Falak Residenceo on 24 January 2018 for AED 600,000, or AED 922 per sqft.
- Rented since June 2018 on 4 Ejari contracts, from AED 49,000 to AED 35,000 a year.
- At AED 35,000 a year the gross yield on the 2018 price is 5.8%, 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 12 June 2022.
Questions about 212, Al Falak Residence
What did unit 212 last sell for?
AED 600,000 on 24 January 2018, sold by the developer: AED 922 per sqft for 650 sqft. It is the only registered sale of the unit.
What is the rent for unit 212?
AED 35,000 a year on the contract signed on 12 June 2022. The previous contract, from July 2020, was AED 35,261; the unit has been rented since June 2018.
How big is unit 212?
650 sqft (60.4 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2015.
What is unit 212 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 212, Al Falak Residence
Starts from the last sale price (AED 600K, 24 January 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 600,000
- Deposit, UAE resident (20%)
- AED 120,000
- Deposit, non-resident (40%)
- AED 240,000
- Monthly over 25 years at 3.7%
- AED 2,455
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →