304, 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.
Property timeline for 304, Al Falak Residence
What is 304 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 6 April 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 651 sqft
- Floor
- 3rd of 8
- Parking
- G-30
- Developer
- Al Falak Residenceo
- Completed
- 2015
- Service charge
- AED 7,600 /yr
- Last sold
- AED 390K · March 2023
- Building
- Al Falak Residence
About 304, Al Falak Residence
304 is a one-bedroom apartment of 651 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 1 March 2023 for AED 390,000, or AED 598 per sqft.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 6 April 2025, is AED 50,000 a year: a gross yield of 12.8% on the 2023 price, before the service charge of about AED 7,600 a year.
Sales and rents for 304 over time
304 has sold twice; 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 304 sits
All 63 1-beds →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. 304's AED 50,000 is in the lower half 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 3rd floor
All 95 units in Al Falak Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,220 sqft | AED 705KAED 705,000 · Mar 2024March 2024 | 50,000 /yr | |
| 302 | 1-bed | 690 sqft | AED 570KAED 570,000 · Jan 2026January 2026 | 46,000 /yr | |
| 303 | 2-bed | 1,220 sqft | AED 660KAED 660,000 · Sep 2023September 2023 | 71,925 /yr | |
| 305 | 1-bed | 696 sqft | AED 575KAED 575,000 · May 2025May 2025 | 30,000 /yr | |
| 306 | 1-bed | 31 sqft | AED 629KAED 629,275 · Jan 2018January 2018 | 40,000 /yr | |
| 307 | 1-bed | 651 sqft | AED 615KAED 615,000 · Mar 2018March 2018 | 49,000 /yr | |
| 308 | 2-bed | 1,191 sqft | AED 680KAED 680,000 · Nov 2023November 2023 | 75,000 /yr | |
| 309 | 1-bed | 697 sqft | AED 500KAED 500,000 · May 2019May 2019 | 42,900 /yr | |
| 310 | 2-bed | 1,181 sqft | AED 750KAED 750,000 · May 2023May 2023 | 78,000 /yr | |
| 311 | 1-bed | 651 sqft | AED 520KAED 520,000 · Jul 2018July 2018 | ||
| 312 | 1-bed | 650 sqft | AED 565KAED 565,000 · Feb 2018February 2018 | 45,000 /yr | |
| 313 | 1-bed | 696 sqft | AED 315KAED 315,000 · Jan 2021January 2021 | 50,000 /yr | |
| 314 | 1-bed | 651 sqft | AED 560KAED 560,000 · Mar 2018March 2018 | 42,000 /yr |
304, Al Falak Residence in numbers
- Sold twice: first on 31 January 2018 for AED 587,020, last on 1 March 2023 for AED 390,000 (AED 598 per sqft).
- Rented since January 2020 on 4 Ejari contracts, from AED 36,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2023 price is 12.8%, 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 6 April 2025.
Questions about 304, Al Falak Residence
What did unit 304 last sell for?
AED 390,000 on 1 March 2023: AED 598 per sqft for 651 sqft. The unit has 2 registered sales; the first was AED 587,020 in January 2018.
What is the rent for unit 304?
AED 50,000 a year on the contract signed on 6 April 2025. The previous contract, from April 2025, was AED 50,000; the unit has been rented since January 2020.
How big is unit 304?
651 sqft (60.5 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2015.
What is unit 304 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 304? 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.
Mortgage on 304, Al Falak Residence
Starts from the last sale price (AED 390K, 1 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 390,000
- Deposit, UAE resident (20%)
- AED 78,000
- Deposit, non-resident (40%)
- AED 156,000
- Monthly over 25 years at 3.7%
- AED 1,596
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →