2-bed · 1,109 sqftAl Falak Residence, Dubai Silicon Oasis · 6th floor · completed 2015

607, Al Falak Residence

Sold prices and rental history: sold once, by the developer in March 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 607 · DLD and Ejari recordsUpdated 20 March 2018
Last soldAED 985K20 March 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 607, Al Falak Residence

What is 607 worth today?

Last sold for AED 984,960 in 2018

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20 Mar 2018Sold by developerReady
AED 984,960AED 887 per sqft

Source: Dubai Land Department. Updated 20 March 2018.

Key facts

Type
2-bed apartment
Size
1,109 sqft
Floor
6th of 8
Parking
G-71
Developer
Al Falak Residenceo
Completed
2015
Service charge
AED 13,000 /yr
Last sold
AED 985K · March 2018

About 607, Al Falak Residence

607 is a two-bedroom apartment of 1,109 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 984,960, or AED 887 per sqft, 5% above the AED 842 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 607 over time

Sales
Unit 607, each saleTypical two-bed in Al Falak Residence
600K800K1M2018202020222024Typical sale price by year: 2018 AED 967,480; 2022 AED 550,000; 2023 AED 680,000; 2024 AED 785,000Sold by developer, March 2018: AED 984,960 (AED 887 per sqft)

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

Rents
Unit 607, each contractTypical two-bed in Al Falak Residence
40K60K80K2017202020232026Typical rent by year: 2017 AED 71,000; 2018 AED 71,000; 2019 AED 70,000; 2020 AED 50,769; 2021 AED 43,000; 2022 AED 48,000; 2023 AED 58,500; 2024 AED 70,000; 2025 AED 79,000; 2026 AED 75,000

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 607 sits

All 32 2-beds →

607 last sold in March 2018 at AED 887 per sqft, 5% above what two-beds in Al Falak Residence were fetching at the time (AED 842).

Recent 2-bed salesUnit no.Price (AED)Summary
3 Jan 2025820,000
19 Dec 2024823,000
9 Oct 2024830,000
13 Sep 2024825,000
0 2-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
6061-bedAED 649K · Jan 2018
6082-bedAED 650K · Oct 2023
1–7 of 11

607, Al Falak Residence in numbers

  • Sold once: by Al Falak Residenceo on 20 March 2018 for AED 984,960, or AED 887 per sqft.

Source: Dubai Land Department. Updated 20 March 2018.

Questions about 607, Al Falak Residence

What did unit 607 last sell for?

AED 984,960 on 20 March 2018, sold by the developer: AED 887 per sqft for 1,109 sqft. It is the only registered sale of the unit.

How big is unit 607?

1,109 sqft (103.0 sqm): a two-bedroom apartment on the 6th floor of a 8-storey tower completed in 2015.

What is unit 607 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 607, Al Falak Residence

Starts from the last sale price (AED 985K, 20 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 984,960
Deposit, UAE resident (20%)
AED 196,992
Deposit, non-resident (40%)
AED 393,984
Monthly over 25 years at 3.7%
AED 4,030

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