1-bed · 690 sqftAl Falak Residence, Dubai Silicon Oasis · 3rd floor · completed 2015

302, Al Falak Residence

Sold prices and rental history: sold twice, last in January 2026, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 23 January 2026
Last soldAED 570K23 January 2026
Current rentAED 46K /yr1 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Al Falak Residence

What is 302 worth today?

Last sold for AED 570,000 in 2026

Unlock today's estimate, updated daily, with

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

23 Jan 2026SoldReady
AED 570,000AED 825 per sqft
1 Apr 2024RentedNew contract
AED 46,000/yr12 months · AED 67 per sqft
1 Feb 2022RentedNew contract
AED 30,000/yr12 months · AED 43 per sqft
15 Jan 2021RentedNew contract
AED 27,000/yr12 months · AED 39 per sqft
9 Jul 2018Sold by developerReady
AED 525,000AED 760 per sqft
5 Jun 2018RentedNew contract
AED 47,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 23 January 2026.

Key facts

Type
1-bed apartment
Size
690 sqft
Floor
3rd of 8
Parking
G-28
Developer
Al Falak Residenceo
Completed
2015
Service charge
AED 8,100 /yr
Last sold
AED 570K · January 2026

About 302, Al Falak Residence

302 is a one-bedroom apartment of 690 sqft on the 3rd floor of Al Falak Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2015 by Al Falak Residenceo. It last sold on 23 January 2026 for AED 570,000, or AED 825 per sqft, in line with the AED 843 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 1 April 2024, is AED 46,000 a year: a gross yield of 8.1% on the 2026 price, before the service charge of about AED 8,100 a year.

Sales and rents for 302 over time

Sales
Unit 302, 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 525,000 (AED 760 per sqft)Sold, January 2026: AED 570,000 (AED 825 per sqft)

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

Rents
Unit 302, 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, June 2018: AED 47,000 a yearNew contract, January 2021: AED 27,000 a yearNew contract, February 2022: AED 30,000 a yearNew contract, April 2024: AED 46,000 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 302 sits

All 63 1-beds →

302 last sold in January 2026 at AED 825 per sqft, in line with what one-beds in Al Falak Residence were fetching at the time (AED 843). 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. 302's AED 46,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Jul 2026580,000
16 Mar 2026480,000
9 Dec 2025582,141
16 Sep 2025520,000
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
8.2%
Al Falak Residence, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 3rd floor

All 95 units in Al Falak Residence
Value
3012-bedAED 705K · Mar 2024
3032-bedAED 660K · Sep 2023
3041-bedAED 390K · Mar 2023
3051-bedAED 575K · May 2025
3061-bedAED 629K · Jan 2018
3071-bedAED 615K · Mar 2018
3082-bedAED 680K · Nov 2023
1–7 of 13

302, Al Falak Residence in numbers

  • Sold twice: first on 9 July 2018 for AED 525,000, last on 23 January 2026 for AED 570,000 (AED 825 per sqft).
  • Rented since June 2018 on 4 Ejari contracts. The rent fell from AED 47,000 to AED 27,000 in 2021 and recovered to AED 46,000 by April 2024.
  • At AED 46,000 a year the gross yield on the 2026 price is 8.1%, before a service charge of about AED 8,100 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 23 January 2026.

Questions about 302, Al Falak Residence

What did unit 302 last sell for?

AED 570,000 on 23 January 2026: AED 825 per sqft for 690 sqft. The unit has 2 registered sales; the first was AED 525,000 in July 2018.

What is the rent for unit 302?

AED 46,000 a year on the contract signed on 1 April 2024. The previous contract, from February 2022, was AED 30,000; the unit has been rented since June 2018.

How big is unit 302?

690 sqft (64.1 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2015.

What is unit 302 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 302? 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 302, Al Falak Residence

Starts from the last sale price (AED 570K, 23 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 570,000
Deposit, UAE resident (20%)
AED 114,000
Deposit, non-resident (40%)
AED 228,000
Monthly over 25 years at 3.7%
AED 2,332

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