1-bed · 696 sqftAl Falak Residence, Dubai Silicon Oasis · 3rd floor · completed 2015

313, Al Falak Residence

Sold prices and rental history: sold twice, last in January 2021, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 313 · DLD and Ejari recordsUpdated 20 December 2024
Last soldAED 315K27 January 2021
Current rentAED 50K /yr20 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 313, Al Falak Residence

What is 313 worth today?

Last sold for AED 315,000 in 2021

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20 Dec 2024RentedNew contract
AED 50,000/yr12 months · AED 72 per sqft
27 Nov 2023RentedNew contract
AED 43,000/yr12 months · AED 61 per sqft
1 Nov 2022RentedNew contract
AED 34,092/yr12 months · AED 49 per sqft
8 Oct 2021RentedNew contract
AED 28,000/yr12 months · AED 40 per sqft
17 Apr 2021RentedNew contract
AED 30,000/yr12 months · AED 43 per sqft
27 Jan 2021SoldReady
AED 315,000AED 452 per sqft
14 Mar 2020RentedNew contract
AED 33,000/yr12 months · AED 47 per sqft
15 Jul 2019RentedNew contract
AED 38,000/yr12 months · AED 55 per sqft

Source: Dubai Land Department. Updated 20 December 2024.

Key facts

Type
1-bed apartment
Size
696 sqft
Floor
3rd of 8
Parking
G-39
Developer
Al Falak Residenceo
Completed
2015
Service charge
AED 8,200 /yr
Last sold
AED 315K · January 2021

About 313, Al Falak Residence

313 is a one-bedroom apartment of 696 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 27 January 2021 for AED 315,000, or AED 452 per sqft, 13% below the AED 522 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 20 December 2024, is AED 50,000 a year: a gross yield of 15.9% on the 2021 price, before the service charge of about AED 8,200 a year.

Sales and rents for 313 over time

Sales
Unit 313, 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, March 2018: AED 569,080 (AED 818 per sqft)Sold, January 2021: AED 315,000 (AED 452 per sqft)

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

Rents
Unit 313, 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, April 2018: AED 45,000 a yearNew contract, July 2019: AED 38,000 a yearNew contract, March 2020: AED 33,000 a yearNew contract, April 2021: AED 30,000 a yearNew contract, October 2021: AED 28,000 a yearNew contract, November 2022: AED 34,092 a yearNew contract, November 2023: AED 43,000 a yearNew contract, December 2024: AED 50,000 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 313 sits

All 63 1-beds →

313 last sold in January 2021 at AED 452 per sqft, 13% below what one-beds in Al Falak Residence were fetching at the time (AED 522). 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. 313's AED 50,000 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

313, Al Falak Residence in numbers

  • Sold twice: first on 15 March 2018 for AED 569,080, last on 27 January 2021 for AED 315,000 (AED 452 per sqft).
  • Rented since April 2018 on 8 Ejari contracts. The rent fell from AED 45,000 to AED 28,000 in 2021 and recovered to AED 50,000 by December 2024.
  • At AED 50,000 a year the gross yield on the 2021 price is 15.9%, 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 20 December 2024.

Questions about 313, Al Falak Residence

What did unit 313 last sell for?

AED 315,000 on 27 January 2021: AED 452 per sqft for 696 sqft. The unit has 2 registered sales; the first was AED 569,080 in March 2018.

What is the rent for unit 313?

AED 50,000 a year on the contract signed on 20 December 2024. The previous contract, from November 2023, was AED 43,000; the unit has been rented since April 2018.

How big is unit 313?

696 sqft (64.7 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2015.

What is unit 313 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 313, Al Falak Residence

Starts from the last sale price (AED 315K, 27 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 315,000
Deposit, UAE resident (20%)
AED 63,000
Deposit, non-resident (40%)
AED 126,000
Monthly over 25 years at 3.7%
AED 1,289

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