709, Al Falak Residence
Sold prices and rental history: sold once, by the developer in January 2018, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 709, Al Falak Residence
What is 709 worth today?
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Source: Dubai Land Department. Updated 1 February 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 650 sqft
- Floor
- 7th of 8
- Parking
- G-90
- Developer
- Al Falak Residenceo
- Completed
- 2015
- Service charge
- AED 7,600 /yr
- Last sold
- AED 530K · January 2018
- Building
- Al Falak Residence
About 709, Al Falak Residence
709 is a one-bedroom apartment of 650 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 January 2018 for AED 530,000, or AED 814 per sqft, 11% below the AED 915 one-beds in the building were fetching at the time.
It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 1 February 2023, is AED 34,000 a year: a gross yield of 6.4% on the 2018 price, before the service charge of about AED 7,600 a year.
Sales and rents for 709 over time
709 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 709 sits
All 63 1-beds →709 last sold in January 2018 at AED 814 per sqft, 11% below 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. 709's AED 34,000 is at the bottom 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
- 8.2%
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 | |
| 708 | 2-bed | 1,075 sqft | AED 750KAED 750,000 · Dec 2019December 2019 | 76,406 /yr | |
| 710 | 1-bed | 611 sqft | AED 523KAED 523,000 · Apr 2018April 2018 | 40,000 /yr |
709, Al Falak Residence in numbers
- Sold once: by Al Falak Residenceo on 28 January 2018 for AED 530,000, or AED 814 per sqft.
- Rented since January 2018 on 3 Ejari contracts. The rent fell from AED 50,000 to AED 30,000 in 2022 and recovered to AED 34,000 by February 2023.
- At AED 34,000 a year the gross yield on the 2018 price is 6.4%, 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 February 2023.
Questions about 709, Al Falak Residence
What did unit 709 last sell for?
AED 530,000 on 28 January 2018, sold by the developer: AED 814 per sqft for 650 sqft. It is the only registered sale of the unit.
What is the rent for unit 709?
AED 34,000 a year on the contract signed on 1 February 2023. The previous contract, from February 2022, was AED 30,000; the unit has been rented since January 2018.
How big is unit 709?
650 sqft (60.4 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2015.
What is unit 709 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 709, Al Falak Residence
Starts from the last sale price (AED 530K, 28 January 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 530,000
- Deposit, UAE resident (20%)
- AED 106,000
- Deposit, non-resident (40%)
- AED 212,000
- Monthly over 25 years at 3.7%
- AED 2,168
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →