1-bed · 651 sqftAl Falak Residence, Dubai Silicon Oasis · 3rd floor · completed 2015

311, Al Falak Residence

Sold prices and rental history: sold once, by the developer in July 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 17 July 2018
Last soldAED 520K17 July 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, Al Falak Residence

What is 311 worth today?

Last sold for AED 520,000 in 2018

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17 Jul 2018Sold by developerReady
AED 520,000AED 798 per sqft

Source: Dubai Land Department. Updated 17 July 2018.

Key facts

Type
1-bed apartment
Size
651 sqft
Floor
3rd of 8
Parking
G-37
Developer
Al Falak Residenceo
Completed
2015
Service charge
AED 7,600 /yr
Last sold
AED 520K · July 2018

About 311, Al Falak Residence

311 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. The developer sold it on 17 July 2018 for AED 520,000, or AED 798 per sqft, 8% below the AED 869 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 311 over time

Sales
Unit 311, 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 520,000 (AED 798 per sqft)

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

Rents
Unit 311, 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 50,000

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 311 sits

All 63 1-beds →

311 last sold in July 2018 at AED 798 per sqft, 8% below what one-beds in Al Falak Residence were fetching at the time (AED 869). 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.

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

311, Al Falak Residence in numbers

  • Sold once: by Al Falak Residenceo on 17 July 2018 for AED 520,000, or AED 798 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 17 July 2018.

Questions about 311, Al Falak Residence

What did unit 311 last sell for?

AED 520,000 on 17 July 2018, sold by the developer: AED 798 per sqft for 651 sqft. It is the only registered sale of the unit.

How big is unit 311?

651 sqft (60.5 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2015.

What is unit 311 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 311, Al Falak Residence

Starts from the last sale price (AED 520K, 17 July 2018). Switch to today's estimate once you have unlocked it.
Price
AED 520,000
Deposit, UAE resident (20%)
AED 104,000
Deposit, non-resident (40%)
AED 208,000
Monthly over 25 years at 3.7%
AED 2,127

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