2-bed · 1,040 sqftAl Falak Residence, Dubai Silicon Oasis · 8th floor · completed 2015

806, Al Falak Residence

Sold prices and rental history: sold once, by the developer in May 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 806 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 610K10 May 2023
Current rentAED 74K /yr1 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 806, Al Falak Residence

What is 806 worth today?

Last sold for AED 610,000 in 2023

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1 Sep 2025RentedRenewal
AED 74,000/yr12 months · AED 71 per sqft
1 Sep 2024RentedRenewal
AED 61,950/yr12 months · AED 60 per sqft
1 Aug 2023RentedRenewal
AED 59,000/yr13 months · AED 57 per sqft
10 May 2023Sold by developerReady
AED 610,000AED 586 per sqft
1 Jul 2022RentedNew contract
AED 44,308/yr13 months · AED 43 per sqft
1 Oct 2021RentedNew contract
AED 42,000/yr12 months · AED 40 per sqft
1 Aug 2021RentedNew contract
AED 40,000/yr12 months · AED 38 per sqft
28 Jun 2020RentedNew contract
AED 46,000/yr13 months · AED 44 per sqft

Source: Dubai Land Department. Updated 1 September 2025.

Key facts

Type
2-bed apartment
Size
1,040 sqft
Floor
8th of 8
Parking
G-97
Developer
Al Falak Residenceo
Completed
2015
Service charge
AED 12,200 /yr
Last sold
AED 610K · May 2023

About 806, Al Falak Residence

806 is a two-bedroom apartment of 1,040 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 10 May 2023 for AED 610,000, or AED 586 per sqft, in line with the AED 586 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 1 September 2025, is AED 74,000 a year: a gross yield of 12.1% on the 2023 price, before the service charge of about AED 12,200 a year.

Sales and rents for 806 over time

Sales
Unit 806, 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, May 2023: AED 610,000 (AED 586 per sqft)

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

Rents
Unit 806, 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 75,000New contract, January 2018: AED 71,000 a yearRenewal, January 2019: AED 71,000 a yearNew contract, June 2020: AED 46,000 a yearNew contract, August 2021: AED 40,000 a yearNew contract, October 2021: AED 42,000 a yearNew contract, July 2022: AED 44,308 a yearRenewal, August 2023: AED 59,000 a yearRenewal, September 2024: AED 61,950 a yearRenewal, September 2025: AED 74,000 a year

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 806 sits

All 32 2-beds →

806 last sold in May 2023 at AED 586 per sqft, in line with what two-beds in Al Falak Residence were fetching at the time (AED 586). 806's AED 74,000 is in the upper half of that range.

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 8th floor

All 95 units in Al Falak Residence
Value
8012-bedAED 785K · Aug 2024
8021-bedAED 525K · Mar 2018
8032-bedAED 550K · Apr 2022
8041-bedAED 400K · Oct 2020
8051-bedAED 515K · Mar 2018
8071-bedAED 520K · Jul 2018
8082-bedAED 501K · Mar 2022
1–7 of 9

806, Al Falak Residence in numbers

  • Sold once: by Al Falak Residenceo on 10 May 2023 for AED 610,000, or AED 586 per sqft.
  • Rented since January 2018 on 9 Ejari contracts. The rent fell from AED 71,000 to AED 40,000 in 2021 and recovered to AED 74,000 by September 2025.
  • At AED 74,000 a year the gross yield on the 2023 price is 12.1%, before a service charge of about AED 12,200 a year (AED 11.74 per sqft).

Source: Dubai Land Department. Updated 1 September 2025.

Questions about 806, Al Falak Residence

What did unit 806 last sell for?

AED 610,000 on 10 May 2023, sold by the developer: AED 586 per sqft for 1,040 sqft. It is the only registered sale of the unit.

What is the rent for unit 806?

AED 74,000 a year on the contract renewed on 1 September 2025. The previous contract, from September 2024, was AED 61,950; the unit has been rented since January 2018.

How big is unit 806?

1,040 sqft (96.6 sqm): a two-bedroom apartment on the 8th floor of a 8-storey tower completed in 2015.

What is unit 806 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 806, Al Falak Residence

Starts from the last sale price (AED 610K, 10 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 610,000
Deposit, UAE resident (20%)
AED 122,000
Deposit, non-resident (40%)
AED 244,000
Monthly over 25 years at 3.7%
AED 2,496

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