406, Al Falak Residence
Sold prices and rental history: sold once, by the developer in January 2019, 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 406, Al Falak Residence
What is 406 worth today?
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Source: Dubai Land Department. Updated 25 September 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 696 sqft
- Floor
- 4th of 8
- Parking
- G-46
- Developer
- Al Falak Residenceo
- Completed
- 2015
- Service charge
- AED 8,200 /yr
- Last sold
- AED 525K · January 2019
- Building
- Al Falak Residence
About 406, Al Falak Residence
406 is a one-bedroom apartment of 696 sqft on the 4th 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 22 January 2019 for AED 525,000, or AED 754 per sqft, 13% below the AED 865 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 25 September 2025, is AED 36,750 a year: a gross yield of 7.0% on the 2019 price, before the service charge of about AED 8,200 a year.
Sales and rents for 406 over time
406 has sold once; 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 406 sits
All 63 1-beds →406 last sold in January 2019 at AED 754 per sqft, 13% below what one-beds in Al Falak Residence were fetching at the time (AED 865). 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. 406's AED 36,750 is at the bottom 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 4th floor
All 95 units in Al Falak Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,220 sqft | AED 845KAED 845,000 · Aug 2024August 2024 | 50,000 /yr | |
| 402 | 2-bed | 1,220 sqft | AED 730KAED 730,000 · Jan 2024January 2024 | 75,000 /yr | |
| 403 | 1-bed | 651 sqft | AED 335KAED 335,000 · Mar 2021March 2021 | 52,000 /yr | |
| 404 | 1-bed | 34 sqft | AED 596KAED 595,745 · Jan 2018January 2018 | 28,000 /yr | |
| 405 | 1-bed | 650 sqft | AED 510KAED 510,000 · Jun 2018June 2018 | 50,000 /yr | |
| 407 | 2-bed | 1,970 sqft | AED 825KAED 825,000 · Jun 2024June 2024 | 58,000 /yr | |
| 408 | 2-bed | 1,931 sqft | AED 825KAED 825,000 · Sep 2024September 2024 | 50,000 /yr | |
| 409 | 1-bed | 690 sqft | AED 582KAED 582,141 · Dec 2025December 2025 | 60,000 /yr | |
| 410 | 1-bed | 31 sqft | AED 633KAED 632,985 · Jan 2018January 2018 | 43,000 /yr | |
| 411 | 1-bed | 696 sqft | AED 605KAED 605,200 · Jun 2018June 2018 | 25,000 /yr | |
| 412 | 1-bed | 651 sqft | AED 599KAED 599,334 · Jan 2018January 2018 | 48,000 /yr |
406, Al Falak Residence in numbers
- Sold once: by Al Falak Residenceo on 22 January 2019 for AED 525,000, or AED 754 per sqft.
- Rented since May 2018 on 8 Ejari contracts. The rent fell from AED 45,000 to AED 25,000 in 2022 and recovered to AED 36,750 by September 2025.
- At AED 36,750 a year the gross yield on the 2019 price is 7.0%, 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 25 September 2025.
Questions about 406, Al Falak Residence
What did unit 406 last sell for?
AED 525,000 on 22 January 2019, sold by the developer: AED 754 per sqft for 696 sqft. It is the only registered sale of the unit.
What is the rent for unit 406?
AED 36,750 a year on the contract renewed on 25 September 2025. The previous contract, from September 2024, was AED 35,000; the unit has been rented since May 2018.
How big is unit 406?
696 sqft (64.7 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2015.
What is unit 406 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 406, Al Falak Residence
Starts from the last sale price (AED 525K, 22 January 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 525,000
- Deposit, UAE resident (20%)
- AED 105,000
- Deposit, non-resident (40%)
- AED 210,000
- Monthly over 25 years at 3.7%
- AED 2,148
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →