1-bed · 650 sqftAl Falak Residence, Dubai Silicon Oasis · 6th floor · completed 2015

606, Al Falak Residence

Sold prices and rental history: sold once, by the developer in January 2018, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 606 · DLD and Ejari recordsUpdated 1 May 2021
Last soldAED 649K24 January 2018
Current rentAED 27K /yr1 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 606, Al Falak Residence

What is 606 worth today?

Last sold for AED 648,850 in 2018

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1 May 2021RentedNew contract
AED 27,000/yr12 months · AED 42 per sqft
10 Mar 2019RentedNew contract
AED 41,000/yr12 months · AED 63 per sqft
24 Jan 2018Sold by developerReady
AED 648,850AED 997 per sqft

Source: Dubai Land Department. Updated 1 May 2021.

Key facts

Type
1-bed apartment
Size
650 sqft
Floor
6th of 8
Parking
G-70
Developer
Al Falak Residenceo
Completed
2015
Service charge
AED 7,600 /yr
Last sold
AED 649K · January 2018

About 606, Al Falak Residence

606 is a one-bedroom apartment of 650 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 24 January 2018 for AED 648,850, or AED 997 per sqft, 8% above the AED 921 one-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 1 May 2021, is AED 27,000 a year: a gross yield of 4.2% on the 2018 price, before the service charge of about AED 7,600 a year.

Sales and rents for 606 over time

Sales
Unit 606, 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 648,850 (AED 997 per sqft)

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

Rents
Unit 606, 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, March 2019: AED 41,000 a yearNew contract, May 2021: AED 27,000 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 606 sits

All 63 1-beds →

606 last sold in January 2018 at AED 997 per sqft, 8% above what one-beds in Al Falak Residence were fetching at the time (AED 921). 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. 606's AED 27,000 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
6031-bedAED 603K · Mar 2018
6041-bedAED 585K · Jan 2018
6051-bedAED 510K · Jun 2018
6072-bedAED 985K · Mar 2018
6082-bedAED 650K · Oct 2023
1–7 of 11

606, Al Falak Residence in numbers

  • Sold once: by Al Falak Residenceo on 24 January 2018 for AED 648,850, or AED 997 per sqft.
  • Rented since March 2019 on 2 Ejari contracts, from AED 41,000 to AED 27,000 a year.
  • At AED 27,000 a year the gross yield on the 2018 price is 4.2%, 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 1 May 2021.

Questions about 606, Al Falak Residence

What did unit 606 last sell for?

AED 648,850 on 24 January 2018, sold by the developer: AED 997 per sqft for 650 sqft. It is the only registered sale of the unit.

What is the rent for unit 606?

AED 27,000 a year on the contract signed on 1 May 2021. The previous contract, from March 2019, was AED 41,000.

How big is unit 606?

650 sqft (60.4 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2015.

What is unit 606 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 606, Al Falak Residence

Starts from the last sale price (AED 649K, 24 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 648,850
Deposit, UAE resident (20%)
AED 129,770
Deposit, non-resident (40%)
AED 259,540
Monthly over 25 years at 3.7%
AED 2,655

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