708, Al Falak Residence
Sold prices and rental history: sold once, by the developer in December 2019, 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 708, Al Falak Residence
What is 708 worth today?
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Source: Dubai Land Department. Updated 1 February 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,075 sqft
- Floor
- 7th of 8
- Parking
- G-84 & G-85
- Developer
- Al Falak Residenceo
- Completed
- 2015
- Service charge
- AED 12,600 /yr
- Last sold
- AED 750K · December 2019
- Building
- Al Falak Residence
About 708, Al Falak Residence
708 is a two-bedroom apartment of 1,075 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 19 December 2019 for AED 750,000, or AED 697 per sqft.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 1 February 2026, is AED 76,406 a year: a gross yield of 10.2% on the 2019 price, before the service charge of about AED 12,600 a year.
Sales and rents for 708 over time
708 has sold once; the dashed line is the two-bed median of each year in the building.
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 708 sits
All 32 2-beds →708's AED 76,406 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Jan 20253 January 2025 | 1,220 sqft | 820,000 | 672 | ||
| 19 Dec 202419 December 2024 | 1,220 sqft | 823,000 | 674 | ||
| 9 Oct 20249 October 2024 | 1,768 sqft | 830,000 | 469 | ||
| 13 Sep 202413 September 2024 | 1,931 sqft | 825,000 | 427 |
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 | |
| 707 | 1-bed | 695 sqft | AED 545KAED 545,000 · May 2018May 2018 | 46,620 /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 |
708, Al Falak Residence in numbers
- Sold once: by Al Falak Residenceo on 19 December 2019 for AED 750,000, or AED 697 per sqft.
- Rented since January 2018 on 5 Ejari contracts, from AED 65,000 to AED 76,406 a year.
- At AED 76,406 a year the gross yield on the 2019 price is 10.2%, before a service charge of about AED 12,600 a year (AED 11.74 per sqft).
Source: Dubai Land Department. Updated 1 February 2026.
Questions about 708, Al Falak Residence
What did unit 708 last sell for?
AED 750,000 on 19 December 2019, sold by the developer: AED 697 per sqft for 1,075 sqft. It is the only registered sale of the unit.
What is the rent for unit 708?
AED 76,406 a year on the contract renewed on 1 February 2026. The previous contract, from February 2025, was AED 69,460; the unit has been rented since January 2018.
How big is unit 708?
1,075 sqft (99.9 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2015.
What is unit 708 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 708, Al Falak Residence
Starts from the last sale price (AED 750K, 19 December 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 750,000
- Deposit, UAE resident (20%)
- AED 150,000
- Deposit, non-resident (40%)
- AED 300,000
- Monthly over 25 years at 3.7%
- AED 3,068
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →