2-bed · 1,220 sqftAl Falak Residence, Dubai Silicon Oasis · 3rd floor · completed 2015

303, Al Falak Residence

Sold prices and rental history: sold once, by the developer in September 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 21 October 2026
Last soldAED 660K15 September 2023
Current rentAED 72K /yr21 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Al Falak Residence

What is 303 worth today?

Last sold for AED 660,000 in 2023

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21 Oct 2026RentedRenewal
AED 71,925/yr12 months · AED 59 per sqft
21 Oct 2025RentedNew contract
AED 71,925/yr12 months · AED 59 per sqft
21 Oct 2024RentedRenewal
AED 68,500/yr12 months · AED 56 per sqft
21 Oct 2023RentedNew contract
AED 65,000/yr12 months · AED 53 per sqft
15 Sep 2023Sold by developerReady
AED 660,000AED 541 per sqft
5 Mar 2020RentedNew contract
AED 48,923/yr13 months · AED 40 per sqft
1 Jan 2019RentedRenewal
AED 71,000/yr12 months · AED 58 per sqft
1 Jan 2018RentedNew contract
AED 71,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 21 October 2026.

Key facts

Type
2-bed apartment
Size
1,220 sqft
Floor
3rd of 8
Parking
G-29
Developer
Al Falak Residenceo
Completed
2015
Service charge
AED 14,300 /yr
Last sold
AED 660K · September 2023

About 303, Al Falak Residence

303 is a two-bedroom apartment of 1,220 sqft on the 3rd 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 15 September 2023 for AED 660,000, or AED 541 per sqft, 9% below the AED 594 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 21 October 2026, is AED 71,925 a year: a gross yield of 10.9% on the 2023 price, before the service charge of about AED 14,300 a year.

Sales and rents for 303 over time

Sales
Unit 303, each saleTypical two-bed in Al Falak Residence
600K800K1M2018202020222024Typical sale price by year: 2018 AED 967,480; 2022 AED 550,000; 2023 AED 680,000; 2024 AED 785,000Sold by developer, September 2023: AED 660,000 (AED 541 per sqft)

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

Rents
Unit 303, each contractTypical two-bed in Al Falak Residence
40K60K80K2017202020232026Typical rent by year: 2017 AED 71,000; 2018 AED 71,000; 2019 AED 70,000; 2020 AED 50,769; 2021 AED 43,000; 2022 AED 48,000; 2023 AED 58,500; 2024 AED 70,000; 2025 AED 79,000; 2026 AED 75,000New contract, January 2018: AED 71,000 a yearRenewal, January 2019: AED 71,000 a yearNew contract, March 2020: AED 48,923 a yearNew contract, October 2023: AED 65,000 a yearRenewal, October 2024: AED 68,500 a yearNew contract, October 2025: AED 71,925 a yearRenewal, October 2026: AED 71,925 a year

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 303 sits

All 32 2-beds →

303 last sold in September 2023 at AED 541 per sqft, 9% below what two-beds in Al Falak Residence were fetching at the time (AED 594). 303's AED 71,925 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Jan 2025820,000
19 Dec 2024823,000
9 Oct 2024830,000
13 Sep 2024825,000
0 2-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 3rd floor

All 95 units in Al Falak Residence
Value
3012-bedAED 705K · Mar 2024
3021-bedAED 570K · Jan 2026
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

303, Al Falak Residence in numbers

  • Sold once: by Al Falak Residenceo on 15 September 2023 for AED 660,000, or AED 541 per sqft.
  • Rented since January 2018 on 7 Ejari contracts. The rent fell from AED 71,000 to AED 48,923 in 2020 and recovered to AED 71,925 by October 2026.
  • At AED 71,925 a year the gross yield on the 2023 price is 10.9%, before a service charge of about AED 14,300 a year (AED 11.74 per sqft).

Source: Dubai Land Department. Updated 21 October 2026.

Questions about 303, Al Falak Residence

What did unit 303 last sell for?

AED 660,000 on 15 September 2023, sold by the developer: AED 541 per sqft for 1,220 sqft. It is the only registered sale of the unit.

What is the rent for unit 303?

AED 71,925 a year on the contract renewed on 21 October 2026. The previous contract, from October 2025, was AED 71,925; the unit has been rented since January 2018.

How big is unit 303?

1,220 sqft (113.3 sqm): a two-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2015.

What is unit 303 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 303, Al Falak Residence

Starts from the last sale price (AED 660K, 15 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 660,000
Deposit, UAE resident (20%)
AED 132,000
Deposit, non-resident (40%)
AED 264,000
Monthly over 25 years at 3.7%
AED 2,700

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