308, Al Falak Residence
Sold prices and rental history: sold once, by the developer in November 2023, 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 308, Al Falak Residence
What is 308 worth today?
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Source: Dubai Land Department. Updated 12 November 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,191 sqft
- Floor
- 3rd of 8
- Parking
- G-34
- Developer
- Al Falak Residenceo
- Completed
- 2015
- Service charge
- AED 14,000 /yr
- Last sold
- AED 680K · November 2023
- Building
- Al Falak Residence
About 308, Al Falak Residence
308 is a two-bedroom apartment of 1,191 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 1 November 2023 for AED 680,000, or AED 571 per sqft, 3% below the AED 590 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 12 November 2025, is AED 75,000 a year: a gross yield of 11.0% on the 2023 price, before the service charge of about AED 14,000 a year.
Sales and rents for 308 over time
308 has sold once; the dashed line is the two-bed median of each year in the building.
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 308 sits
All 32 2-beds →308 last sold in November 2023 at AED 571 per sqft, 3% below what two-beds in Al Falak Residence were fetching at the time (AED 590). 308's AED 75,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Jan 20253 January 2025 | 1,220 sqft | 820,000 | 672 | ||
| 19 Dec 202419 December 2024 | 1,220 sqft | 823,000 | 674 | ||
| 9 Oct 20249 October 2024 | 1,768 sqft | 830,000 | 469 | ||
| 13 Sep 202413 September 2024 | 1,931 sqft | 825,000 | 427 |
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 | |
| 304 | 1-bed | 651 sqft | AED 390KAED 390,000 · Mar 2023March 2023 | 50,000 /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 | |
| 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 |
308, Al Falak Residence in numbers
- Sold once: by Al Falak Residenceo on 1 November 2023 for AED 680,000, or AED 571 per sqft.
- Rented since January 2018 on 7 Ejari contracts. The rent fell from AED 71,000 to AED 50,769 in 2020 and recovered to AED 75,000 by November 2025.
- At AED 75,000 a year the gross yield on the 2023 price is 11.0%, before a service charge of about AED 14,000 a year (AED 11.74 per sqft).
Source: Dubai Land Department. Updated 12 November 2025.
Questions about 308, Al Falak Residence
What did unit 308 last sell for?
AED 680,000 on 1 November 2023, sold by the developer: AED 571 per sqft for 1,191 sqft. It is the only registered sale of the unit.
What is the rent for unit 308?
AED 75,000 a year on the contract renewed on 12 November 2025. The previous contract, from November 2024, was AED 70,000; the unit has been rented since January 2018.
How big is unit 308?
1,191 sqft (110.6 sqm): a two-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2015.
What is unit 308 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 308, Al Falak Residence
Starts from the last sale price (AED 680K, 1 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 680,000
- Deposit, UAE resident (20%)
- AED 136,000
- Deposit, non-resident (40%)
- AED 272,000
- Monthly over 25 years at 3.7%
- AED 2,782
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →