1-bed · 652 sqftAl Falak Residence, Dubai Silicon Oasis · 6th floor · completed 2015

604, Al Falak Residence

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

Unit 604 · DLD and Ejari recordsUpdated 22 April 2026
Last soldAED 585K28 January 2018
Current rentAED 50K /yr22 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 604, Al Falak Residence

What is 604 worth today?

Last sold for AED 585,000 in 2018

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22 Apr 2026RentedNew contract
AED 50,000/yr12 months · AED 77 per sqft
12 Apr 2025RentedRenewal
AED 40,000/yr12 months · AED 61 per sqft
12 Apr 2024RentedNew contract
AED 38,280/yr12 months · AED 59 per sqft
12 Apr 2023RentedRenewal
AED 34,800/yr12 months · AED 53 per sqft
12 Apr 2022RentedRenewal
AED 29,000/yr12 months · AED 44 per sqft
12 Apr 2021RentedNew contract
AED 27,000/yr12 months · AED 41 per sqft
25 Oct 2020RentedNew contract
AED 36,000/yr5 months · AED 55 per sqft
25 Mar 2019RentedNew contract
AED 38,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 22 April 2026.

Key facts

Type
1-bed apartment
Size
652 sqft
Floor
6th of 8
Parking
G-68
Developer
Al Falak Residenceo
Completed
2015
Service charge
AED 7,700 /yr
Last sold
AED 585K · January 2018

About 604, Al Falak Residence

604 is a one-bedroom apartment of 652 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 28 January 2018 for AED 585,000, or AED 897 per sqft, in line with the AED 915 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, signed on 22 April 2026, is AED 50,000 a year: a gross yield of 8.6% on the 2018 price, before the service charge of about AED 7,700 a year.

Sales and rents for 604 over time

Sales
Unit 604, 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 585,000 (AED 897 per sqft)

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

Rents
Unit 604, 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, February 2018: AED 51,000 a yearNew contract, March 2019: AED 38,000 a yearNew contract, October 2020: AED 36,000 a yearNew contract, April 2021: AED 27,000 a yearRenewal, April 2022: AED 29,000 a yearRenewal, April 2023: AED 34,800 a yearNew contract, April 2024: AED 38,280 a yearRenewal, April 2025: AED 40,000 a yearNew contract, April 2026: AED 50,000 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 604 sits

All 63 1-beds →

604 last sold in January 2018 at AED 897 per sqft, in line with what one-beds in Al Falak Residence were fetching at the time (AED 915). 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. 604's AED 50,000 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 6th floor

All 95 units in Al Falak Residence
Value
6012-bedAED 1M · Jun 2023
6022-bedAED 790K · Apr 2024
6031-bedAED 603K · Mar 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

604, Al Falak Residence in numbers

  • Sold once: by Al Falak Residenceo on 28 January 2018 for AED 585,000, or AED 897 per sqft.
  • Rented since February 2018 on 9 Ejari contracts. The rent fell from AED 51,000 to AED 27,000 in 2021 and recovered to AED 50,000 by April 2026.
  • At AED 50,000 a year the gross yield on the 2018 price is 8.6%, before a service charge of about AED 7,700 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 22 April 2026.

Questions about 604, Al Falak Residence

What did unit 604 last sell for?

AED 585,000 on 28 January 2018, sold by the developer: AED 897 per sqft for 652 sqft. It is the only registered sale of the unit.

What is the rent for unit 604?

AED 50,000 a year on the contract signed on 22 April 2026. The previous contract, from April 2025, was AED 40,000; the unit has been rented since February 2018.

How big is unit 604?

652 sqft (60.6 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2015.

What is unit 604 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 604, Al Falak Residence

Starts from the last sale price (AED 585K, 28 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 585,000
Deposit, UAE resident (20%)
AED 117,000
Deposit, non-resident (40%)
AED 234,000
Monthly over 25 years at 3.7%
AED 2,393

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