803, Al Falak Residence
Sold prices and rental history: sold once, by the developer in April 2022, 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 803, Al Falak Residence
What is 803 worth today?
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Source: Dubai Land Department. Updated 10 May 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,044 sqft
- Floor
- 8th of 8
- Parking
- G-94
- Developer
- Al Falak Residenceo
- Completed
- 2015
- Service charge
- AED 12,300 /yr
- Last sold
- AED 550K · April 2022
- Building
- Al Falak Residence
About 803, Al Falak Residence
803 is a two-bedroom apartment of 1,044 sqft on the 8th 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 21 April 2022 for AED 550,000, or AED 526 per sqft, in line with the AED 526 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, renewed on 10 May 2026, is AED 72,000 a year: a gross yield of 13.1% on the 2022 price, before the service charge of about AED 12,300 a year.
Sales and rents for 803 over time
803 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 803 sits
All 32 2-beds →803 last sold in April 2022 at AED 526 per sqft, in line with what two-beds in Al Falak Residence were fetching at the time (AED 526). 803's AED 72,000 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 8th floor
All 95 units in Al Falak Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 801 | 2-bed | 1,087 sqft | AED 785KAED 785,000 · Aug 2024August 2024 | 78,000 /yr | |
| 802 | 1-bed | 691 sqft | AED 525KAED 525,000 · Mar 2018March 2018 | ||
| 804 | 1-bed | 611 sqft | AED 400KAED 400,000 · Oct 2020October 2020 | 50,000 /yr | |
| 805 | 1-bed | 650 sqft | AED 515KAED 515,000 · Mar 2018March 2018 | 42,200 /yr | |
| 806 | 2-bed | 1,040 sqft | AED 610KAED 610,000 · May 2023May 2023 | 74,000 /yr | |
| 807 | 1-bed | 695 sqft | AED 520KAED 520,000 · Jul 2018July 2018 | 30,000 /yr | |
| 808 | 2-bed | 1,002 sqft | AED 501KAED 501,000 · Mar 2022March 2022 | 43,000 /yr | |
| 809 | 1-bed | 650 sqft | AED 515KAED 515,000 · Mar 2018March 2018 | 44,200 /yr | |
| 810 | 1-bed | 611 sqft | AED 525KAED 525,000 · Jun 2025June 2025 | 40,115 /yr |
803, Al Falak Residence in numbers
- Sold once: by Al Falak Residenceo on 21 April 2022 for AED 550,000, or AED 526 per sqft.
- Rented since January 2018 on 9 Ejari contracts. The rent fell from AED 71,000 to AED 43,000 in 2021 and recovered to AED 72,000 by May 2026.
- At AED 72,000 a year the gross yield on the 2022 price is 13.1%, before a service charge of about AED 12,300 a year (AED 11.74 per sqft).
Source: Dubai Land Department. Updated 10 May 2026.
Questions about 803, Al Falak Residence
What did unit 803 last sell for?
AED 550,000 on 21 April 2022, sold by the developer: AED 526 per sqft for 1,044 sqft. It is the only registered sale of the unit.
What is the rent for unit 803?
AED 72,000 a year on the contract renewed on 10 May 2026. The previous contract, from May 2025, was AED 72,000; the unit has been rented since January 2018.
How big is unit 803?
1,044 sqft (97.0 sqm): a two-bedroom apartment on the 8th floor of a 8-storey tower completed in 2015.
What is unit 803 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 803, Al Falak Residence
Starts from the last sale price (AED 550K, 21 April 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 550,000
- Deposit, UAE resident (20%)
- AED 110,000
- Deposit, non-resident (40%)
- AED 220,000
- Monthly over 25 years at 3.7%
- AED 2,250
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →