601, Al Falak Residence
Sold prices and rental history: sold once, by the developer in June 2023, 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 601, Al Falak Residence
What is 601 worth today?
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Source: Dubai Land Department. Updated 6 July 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,229 sqft
- Floor
- 6th of 8
- Parking
- G-65
- Developer
- Al Falak Residenceo
- Completed
- 2015
- Service charge
- AED 14,400 /yr
- Last sold
- AED 1M · June 2023
- Building
- Al Falak Residence
About 601, Al Falak Residence
601 is a two-bedroom apartment of 1,229 sqft on the 6th 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 14 June 2023 for AED 1,000,000, or AED 813 per sqft, 32% above the AED 614 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 11 Ejari contracts. The current contract, signed on 6 July 2026, is AED 39,000 a year: a gross yield of 3.9% on the 2023 price, before the service charge of about AED 14,400 a year.
Sales and rents for 601 over time
601 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Al Falak Residence, and where 601 sits
All 32 2-beds →601 last sold in June 2023 at AED 813 per sqft, 32% above what two-beds in Al Falak Residence were fetching at the time (AED 614). 601's AED 39,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Jan 20253 January 2025 | 1,220 sqft | 820,000 | 672 | ||
| 19 Dec 202419 December 2024 | 1,220 sqft | 823,000 | 674 | ||
| 9 Oct 20249 October 2024 | 1,768 sqft | 830,000 | 469 | ||
| 13 Sep 202413 September 2024 | 1,931 sqft | 825,000 | 427 |
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 6th floor
All 95 units in Al Falak Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 602 | 2-bed | 1,229 sqft | AED 790KAED 790,000 · Apr 2024April 2024 | 62,179 /yr | |
| 603 | 1-bed | 690 sqft | AED 603KAED 602,875 · Mar 2018March 2018 | 36,000 /yr | |
| 604 | 1-bed | 652 sqft | AED 585KAED 585,000 · Jan 2018January 2018 | 50,000 /yr | |
| 605 | 1-bed | 695 sqft | AED 510KAED 510,000 · Jun 2018June 2018 | 53,000 /yr | |
| 606 | 1-bed | 650 sqft | AED 649KAED 648,850 · Jan 2018January 2018 | 27,000 /yr | |
| 607 | 2-bed | 1,109 sqft | AED 985KAED 984,960 · Mar 2018March 2018 | ||
| 608 | 2-bed | 1,071 sqft | AED 650KAED 650,000 · Oct 2023October 2023 | 70,000 /yr | |
| 609 | 1-bed | 696 sqft | AED 460KAED 460,000 · May 2019May 2019 | 47,250 /yr | |
| 610 | 1-bed | 650 sqft | AED 430KAED 430,000 · Feb 2024February 2024 | 40,000 /yr | |
| 611 | 1-bed | 695 sqft | AED 580KAED 580,000 · Jul 2026July 2026 | 42,000 /yr | |
| 612 | 1-bed | 32 sqft | AED 593KAED 593,320 · Jan 2018January 2018 | 48,000 /yr |
601, Al Falak Residence in numbers
- Sold once: by Al Falak Residenceo on 14 June 2023 for AED 1,000,000, or AED 813 per sqft.
- Rented since January 2018 on 11 Ejari contracts, from AED 71,000 to AED 39,000 a year.
- At AED 39,000 a year the gross yield on the 2023 price is 3.9%, before a service charge of about AED 14,400 a year (AED 11.74 per sqft).
Source: Dubai Land Department. Updated 6 July 2026.
Questions about 601, Al Falak Residence
What did unit 601 last sell for?
AED 1,000,000 on 14 June 2023, sold by the developer: AED 813 per sqft for 1,229 sqft. It is the only registered sale of the unit.
What is the rent for unit 601?
AED 39,000 a year on the contract signed on 6 July 2026. The previous contract, from February 2026, was AED 40,000; the unit has been rented since January 2018.
How big is unit 601?
1,229 sqft (114.2 sqm): a two-bedroom apartment on the 6th floor of a 8-storey tower completed in 2015.
What is unit 601 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 601, Al Falak Residence
Starts from the last sale price (AED 1M, 14 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →