1-bed · 690 sqftAl Falak Residence, Dubai Silicon Oasis · 6th floor · completed 2015

603, Al Falak Residence

Sold prices and rental history: sold once, by the developer in March 2018, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 25 July 2025
Last soldAED 603K20 March 2018
Current rentAED 36K /yr25 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Al Falak Residence

What is 603 worth today?

Last sold for AED 602,875 in 2018

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25 Jul 2025RentedRenewal
AED 36,000/yr12 months · AED 52 per sqft
25 Jul 2024RentedRenewal
AED 34,000/yr12 months · AED 49 per sqft
25 Jul 2023RentedRenewal
AED 32,000/yr12 months · AED 46 per sqft
25 Jul 2022RentedNew contract
AED 30,000/yr12 months · AED 44 per sqft
20 Mar 2018Sold by developerReady
AED 602,875AED 874 per sqft

Source: Dubai Land Department. Updated 25 July 2025.

Key facts

Type
1-bed apartment
Size
690 sqft
Floor
6th of 8
Parking
G-67
Developer
Al Falak Residenceo
Completed
2015
Service charge
AED 8,100 /yr
Last sold
AED 603K · March 2018

About 603, Al Falak Residence

603 is a one-bedroom apartment of 690 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 20 March 2018 for AED 602,875, or AED 874 per sqft, in line with the AED 879 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 25 July 2025, is AED 36,000 a year: a gross yield of 6.0% on the 2018 price, before the service charge of about AED 8,100 a year.

Sales and rents for 603 over time

Sales
Unit 603, 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 602,875 (AED 874 per sqft)

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

Rents
Unit 603, 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, July 2022: AED 30,000 a yearRenewal, July 2023: AED 32,000 a yearRenewal, July 2024: AED 34,000 a yearRenewal, July 2025: AED 36,000 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 603 sits

All 63 1-beds →

603 last sold in March 2018 at AED 874 per sqft, in line with what one-beds in Al Falak Residence were fetching at the time (AED 879). 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. 603's AED 36,000 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 6th floor

All 95 units in Al Falak Residence
Value
6012-bedAED 1M · Jun 2023
6022-bedAED 790K · Apr 2024
6041-bedAED 585K · Jan 2018
6051-bedAED 510K · Jun 2018
6061-bedAED 649K · Jan 2018
6072-bedAED 985K · Mar 2018
6082-bedAED 650K · Oct 2023
1–7 of 11

603, Al Falak Residence in numbers

  • Sold once: by Al Falak Residenceo on 20 March 2018 for AED 602,875, or AED 874 per sqft.
  • Rented since July 2022 on 4 Ejari contracts, from AED 30,000 to AED 36,000 a year.
  • At AED 36,000 a year the gross yield on the 2018 price is 6.0%, before a service charge of about AED 8,100 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 July 2025.

Questions about 603, Al Falak Residence

What did unit 603 last sell for?

AED 602,875 on 20 March 2018, sold by the developer: AED 874 per sqft for 690 sqft. It is the only registered sale of the unit.

What is the rent for unit 603?

AED 36,000 a year on the contract renewed on 25 July 2025. The previous contract, from July 2024, was AED 34,000; the unit has been rented since July 2022.

How big is unit 603?

690 sqft (64.1 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2015.

What is unit 603 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 603, Al Falak Residence

Starts from the last sale price (AED 603K, 20 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 602,875
Deposit, UAE resident (20%)
AED 120,575
Deposit, non-resident (40%)
AED 241,150
Monthly over 25 years at 3.7%
AED 2,467

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