1-bed · 697 sqftAl Falak Residence, Dubai Silicon Oasis · 3rd floor · completed 2015

309, Al Falak Residence

Sold prices and rental history: sold once, by the developer in May 2019, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 10 December 2025
Last soldAED 500K6 May 2019
Current rentAED 43K /yr10 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Al Falak Residence

What is 309 worth today?

Last sold for AED 500,000 in 2019

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10 Dec 2025RentedRenewal
AED 42,900/yr12 months · AED 62 per sqft
10 Dec 2024RentedRenewal
AED 42,900/yr12 months · AED 62 per sqft
10 Dec 2023RentedNew contract
AED 39,000/yr12 months · AED 56 per sqft
20 Nov 2022RentedRenewal
AED 34,500/yr12 months · AED 50 per sqft
20 Nov 2021RentedRenewal
AED 30,000/yr12 months · AED 43 per sqft
20 Nov 2020RentedNew contract
AED 30,000/yr12 months · AED 43 per sqft
6 May 2019Sold by developerReady
AED 500,000AED 717 per sqft
1 May 2019RentedNew contract
AED 39,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 10 December 2025.

Key facts

Type
1-bed apartment
Size
697 sqft
Floor
3rd of 8
Parking
G-35
Developer
Al Falak Residenceo
Completed
2015
Service charge
AED 8,200 /yr
Last sold
AED 500K · May 2019

About 309, Al Falak Residence

309 is a one-bedroom apartment of 697 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 6 May 2019 for AED 500,000, or AED 717 per sqft, 5% below the AED 754 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 10 December 2025, is AED 42,900 a year: a gross yield of 8.6% on the 2019 price, before the service charge of about AED 8,200 a year.

Sales and rents for 309 over time

Sales
Unit 309, 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, May 2019: AED 500,000 (AED 717 per sqft)

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

Rents
Unit 309, each contractTypical one-bed in Al Falak Residence
30K40K50K2018202120242027Typical 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, May 2018: AED 45,000 a yearNew contract, May 2019: AED 39,000 a yearNew contract, November 2020: AED 30,000 a yearRenewal, November 2021: AED 30,000 a yearRenewal, November 2022: AED 34,500 a yearNew contract, December 2023: AED 39,000 a yearRenewal, December 2024: AED 42,900 a yearRenewal, December 2025: AED 42,900 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 309 sits

All 63 1-beds →

309 last sold in May 2019 at AED 717 per sqft, 5% below what one-beds in Al Falak Residence were fetching at the time (AED 754). 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. 309's AED 42,900 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Jul 2026580,000
16 Mar 2026480,000
23 Jan 2026570,000
9 Dec 2025582,141
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
8.3%
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
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
1–7 of 13

309, Al Falak Residence in numbers

  • Sold once: by Al Falak Residenceo on 6 May 2019 for AED 500,000, or AED 717 per sqft.
  • Rented since May 2018 on 8 Ejari contracts. The rent fell from AED 45,000 to AED 30,000 in 2021 and recovered to AED 42,900 by December 2025.
  • At AED 42,900 a year the gross yield on the 2019 price is 8.6%, before a service charge of about AED 8,200 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 10 December 2025.

Questions about 309, Al Falak Residence

What did unit 309 last sell for?

AED 500,000 on 6 May 2019, sold by the developer: AED 717 per sqft for 697 sqft. It is the only registered sale of the unit.

What is the rent for unit 309?

AED 42,900 a year on the contract renewed on 10 December 2025. The previous contract, from December 2024, was AED 42,900; the unit has been rented since May 2018.

How big is unit 309?

697 sqft (64.8 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2015.

What is unit 309 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 309, Al Falak Residence

Starts from the last sale price (AED 500K, 6 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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