1-bed · 696 sqftAl Falak Residence, Dubai Silicon Oasis · 4th floor · completed 2015

411, Al Falak Residence

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

Unit 411 · DLD and Ejari recordsUpdated 15 September 2020
Last soldAED 605K3 June 2018
Current rentAED 25K /yr15 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 411, Al Falak Residence

What is 411 worth today?

Last sold for AED 605,200 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Sep 2020RentedNew contract
AED 25,000/yr12 months · AED 36 per sqft
31 Aug 2019RentedNew contract
AED 38,000/yr12 months · AED 55 per sqft
16 Jul 2018RentedNew contract
AED 48,000/yr12 months · AED 69 per sqft
3 Jun 2018Sold by developerReady
AED 605,200AED 869 per sqft

Source: Dubai Land Department. Updated 15 September 2020.

Key facts

Type
1-bed apartment
Size
696 sqft
Floor
4th of 8
Parking
G-51
Developer
Al Falak Residenceo
Completed
2015
Service charge
AED 8,200 /yr
Last sold
AED 605K · June 2018

About 411, Al Falak Residence

411 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 3 June 2018 for AED 605,200, or AED 869 per sqft, in line with the AED 871 one-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 15 September 2020, is AED 25,000 a year: a gross yield of 4.1% on the 2018 price, before the service charge of about AED 8,200 a year.

Sales and rents for 411 over time

Sales
Unit 411, 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, June 2018: AED 605,200 (AED 869 per sqft)

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

Rents
Unit 411, each contractTypical one-bed in Al Falak Residence
40K2018202120242027Typical 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, July 2018: AED 48,000 a yearNew contract, August 2019: AED 38,000 a yearNew contract, September 2020: AED 25,000 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 411 sits

All 63 1-beds →

411 last sold in June 2018 at AED 869 per sqft, in line with what one-beds in Al Falak Residence were fetching at the time (AED 871). 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. 411's AED 25,000 is at the bottom 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 4th floor

All 95 units in Al Falak Residence
Value
4012-bedAED 845K · Aug 2024
4022-bedAED 730K · Jan 2024
4031-bedAED 335K · Mar 2021
4041-bedAED 596K · Jan 2018
4051-bedAED 510K · Jun 2018
4061-bedAED 525K · Jan 2019
4072-bedAED 825K · Jun 2024
1–7 of 11

411, Al Falak Residence in numbers

  • Sold once: by Al Falak Residenceo on 3 June 2018 for AED 605,200, or AED 869 per sqft.
  • Rented since July 2018 on 3 Ejari contracts, from AED 48,000 to AED 25,000 a year.
  • At AED 25,000 a year the gross yield on the 2018 price is 4.1%, 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 15 September 2020.

Questions about 411, Al Falak Residence

What did unit 411 last sell for?

AED 605,200 on 3 June 2018, sold by the developer: AED 869 per sqft for 696 sqft. It is the only registered sale of the unit.

What is the rent for unit 411?

AED 25,000 a year on the contract signed on 15 September 2020. The previous contract, from August 2019, was AED 38,000; the unit has been rented since July 2018.

How big is unit 411?

696 sqft (64.7 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2015.

What is unit 411 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.

Selling 411? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 411, Al Falak Residence

Starts from the last sale price (AED 605K, 3 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 605,200
Deposit, UAE resident (20%)
AED 121,040
Deposit, non-resident (40%)
AED 242,080
Monthly over 25 years at 3.7%
AED 2,476

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