1-bed · 651 sqftAl Falak Residence, Dubai Silicon Oasis · 5th floor · completed 2015

503, Al Falak Residence

Sold prices and rental history: sold twice, last in June 2025, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 5 July 2026
Last soldAED 550K16 June 2025
Current rentAED 52K /yr5 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Al Falak Residence

What is 503 worth today?

Last sold for AED 550,000 in 2025

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5 Jul 2026RentedNew contract
AED 52,000/yr12 months · AED 80 per sqft
16 Jun 2025SoldReady
AED 550,000AED 844 per sqft
8 Jan 2025RentedNew contract
AED 42,900/yr12 months · AED 65 per sqft
1 Jan 2019RentedNew contract
AED 45,000/yr12 months · AED 69 per sqft
24 Jan 2018Sold by developerReady
AED 590,000AED 905 per sqft
1 Jan 2018RentedNew contract
AED 46,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 5 July 2026.

Key facts

Type
1-bed apartment
Size
651 sqft
Floor
5th of 8
Parking
G-55
Developer
Al Falak Residenceo
Completed
2015
Service charge
AED 7,600 /yr
Last sold
AED 550K · June 2025

About 503, Al Falak Residence

503 is a one-bedroom apartment of 651 sqft on the 5th floor of Al Falak Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2015 by Al Falak Residenceo. It last sold on 16 June 2025 for AED 550,000, or AED 844 per sqft, in line with the AED 844 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 5 July 2026, is AED 52,000 a year: a gross yield of 9.4% on the 2025 price, before the service charge of about AED 7,600 a year.

Sales and rents for 503 over time

Sales
Unit 503, 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, January 2018: AED 590,000 (AED 905 per sqft)Sold, June 2025: AED 550,000 (AED 844 per sqft)

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

Rents
Unit 503, 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, January 2018: AED 46,000 a yearNew contract, January 2019: AED 45,000 a yearNew contract, January 2025: AED 42,900 a yearNew contract, July 2026: AED 52,000 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 503 sits

All 63 1-beds →

503 last sold in June 2025 at AED 844 per sqft, in line with what one-beds in Al Falak Residence were fetching at the time (AED 844). 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. 503's AED 52,000 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
8.2%
Al Falak Residence, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 5th floor

All 95 units in Al Falak Residence
Value
5012-bedAED 745K · Mar 2024
5022-bedAED 730K · Feb 2024
5041-bedAED 599K · Jan 2018
5051-bedAED 525K · May 2018
5061-bedAED 500K · Feb 2019
5072-bedAED 985K · Mar 2018
5082-bedAED 790K · May 2018
1–7 of 11

503, Al Falak Residence in numbers

  • Sold twice: first on 24 January 2018 for AED 590,000, last on 16 June 2025 for AED 550,000 (AED 844 per sqft).
  • Rented since January 2018 on 4 Ejari contracts, from AED 46,000 to AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2025 price is 9.4%, before a service charge of about AED 7,600 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 5 July 2026.

Questions about 503, Al Falak Residence

What did unit 503 last sell for?

AED 550,000 on 16 June 2025: AED 844 per sqft for 651 sqft. The unit has 2 registered sales; the first was AED 590,000 in January 2018.

What is the rent for unit 503?

AED 52,000 a year on the contract signed on 5 July 2026. The previous contract, from January 2025, was AED 42,900; the unit has been rented since January 2018.

How big is unit 503?

651 sqft (60.5 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2015.

What is unit 503 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 503, Al Falak Residence

Starts from the last sale price (AED 550K, 16 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

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