707, Al Falak Residence
Sold prices and rental history: sold once, by the developer in May 2018, 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 707, Al Falak Residence
What is 707 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 1 February 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 695 sqft
- Floor
- 7th of 8
- Parking
- G-89
- Developer
- Al Falak Residenceo
- Completed
- 2015
- Service charge
- AED 8,200 /yr
- Last sold
- AED 545K · May 2018
- Building
- Al Falak Residence
About 707, Al Falak Residence
707 is a one-bedroom apartment of 695 sqft on the 7th 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 May 2018 for AED 545,000, or AED 783 per sqft, 10% below the AED 874 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 1 February 2026, is AED 46,620 a year: a gross yield of 8.6% on the 2018 price, before the service charge of about AED 8,200 a year.
Sales and rents for 707 over time
707 has sold once; the dashed line is the one-bed median of each year in the building.
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 707 sits
All 63 1-beds →707 last sold in May 2018 at AED 783 per sqft, 10% below what one-beds in Al Falak Residence were fetching at the time (AED 874). 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. 707's AED 46,620 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Jul 202613 July 2026 | 695 sqft | 580,000 | 834 | ||
| 16 Mar 202616 March 2026 | 651 sqft | 480,000 | 736 | ||
| 23 Jan 202623 January 2026 | 690 sqft | 570,000 | 825 | ||
| 9 Dec 20259 December 2025 | 690 sqft | 582,141 | 844 |
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 7th floor
All 95 units in Al Falak Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,809 sqft | AED 1.3MAED 1,300,000 · Mar 2018March 2018 | 83,000 /yr | |
| 702 | 1-bed | 691 sqft | AED 555KAED 555,000 · Apr 2018April 2018 | ||
| 703 | 2-bed | 1,768 sqft | AED 830KAED 830,000 · Oct 2024October 2024 | 50,000 /yr | |
| 704 | 1-bed | 611 sqft | AED 515KAED 515,000 · Jun 2025June 2025 | 50,000 /yr | |
| 705 | 1-bed | 650 sqft | AED 540KAED 540,000 · Feb 2018February 2018 | 50,000 /yr | |
| 706 | 2-bed | 1,110 sqft | AED 660KAED 660,000 · Sep 2023September 2023 | 46,154 /yr | |
| 708 | 2-bed | 1,075 sqft | AED 750KAED 750,000 · Dec 2019December 2019 | 76,406 /yr | |
| 709 | 1-bed | 650 sqft | AED 530KAED 530,000 · Jan 2018January 2018 | 34,000 /yr | |
| 710 | 1-bed | 611 sqft | AED 523KAED 523,000 · Apr 2018April 2018 | 40,000 /yr |
707, Al Falak Residence in numbers
- Sold once: by Al Falak Residenceo on 28 May 2018 for AED 545,000, or AED 783 per sqft.
- Rented since February 2018 on 8 Ejari contracts. The rent fell from AED 48,000 to AED 28,000 in 2022 and recovered to AED 46,620 by February 2026.
- At AED 46,620 a year the gross yield on the 2018 price is 8.6%, before a service charge of about AED 8,200 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 February 2026.
Questions about 707, Al Falak Residence
What did unit 707 last sell for?
AED 545,000 on 28 May 2018, sold by the developer: AED 783 per sqft for 695 sqft. It is the only registered sale of the unit.
What is the rent for unit 707?
AED 46,620 a year on the contract renewed on 1 February 2026. The previous contract, from February 2025, was AED 44,400; the unit has been rented since February 2018.
How big is unit 707?
695 sqft (64.6 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2015.
What is unit 707 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.
Selling 707? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 707, Al Falak Residence
Starts from the last sale price (AED 545K, 28 May 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 545,000
- Deposit, UAE resident (20%)
- AED 109,000
- Deposit, non-resident (40%)
- AED 218,000
- Monthly over 25 years at 3.7%
- AED 2,230
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →