1-bed · 695 sqftAl Falak Residence, Dubai Silicon Oasis · 8th floor · completed 2015

807, Al Falak Residence

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

Unit 807 · DLD and Ejari recordsUpdated 1 November 2022
Last soldAED 520K24 July 2018
Current rentAED 30K /yr1 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 807, Al Falak Residence

What is 807 worth today?

Last sold for AED 520,000 in 2018

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1 Nov 2022RentedNew contract
AED 30,000/yr14 months · AED 43 per sqft
1 Jul 2020RentedNew contract
AED 32,000/yr13 months · AED 46 per sqft
5 Aug 2019RentedNew contract
AED 42,000/yr12 months · AED 60 per sqft
30 Jan 2019RentedNew contract
AED 48,000/yr12 months · AED 69 per sqft
24 Jul 2018Sold by developerReady
AED 520,000AED 747 per sqft
30 Jan 2018RentedNew contract
AED 48,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 1 November 2022.

Key facts

Type
1-bed apartment
Size
695 sqft
Floor
8th of 8
Parking
G-98
Developer
Al Falak Residenceo
Completed
2015
Service charge
AED 8,200 /yr
Last sold
AED 520K · July 2018

About 807, Al Falak Residence

807 is a one-bedroom apartment of 695 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 24 July 2018 for AED 520,000, or AED 747 per sqft, 14% below the AED 868 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 1 November 2022, is AED 30,000 a year: a gross yield of 5.8% on the 2018 price, before the service charge of about AED 8,200 a year.

Sales and rents for 807 over time

Sales
Unit 807, each saleTypical one-bed in Al Falak Residence
400K600K2018202120242027Typical sale price by year: 2018 AED 580,000; 2019 AED 500,000; 2021 AED 337,500; 2023 AED 400,000; 2025 AED 550,000; 2026 AED 570,000Sold by developer, July 2018: AED 520,000 (AED 747 per sqft)

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

Rents
Unit 807, each contractTypical one-bed in Al Falak Residence
30K40K50K2018202120242027Typical rent by year: 2018 AED 48,000; 2019 AED 41,502; 2020 AED 33,000; 2021 AED 28,000; 2022 AED 30,500; 2023 AED 34,800; 2024 AED 42,055; 2025 AED 44,400; 2026 AED 50,000New contract, January 2018: AED 48,000 a yearNew contract, January 2019: AED 48,000 a yearNew contract, August 2019: AED 42,000 a yearNew contract, July 2020: AED 32,000 a yearNew contract, November 2022: AED 30,000 a year

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 807 sits

All 63 1-beds →

807 last sold in July 2018 at AED 747 per sqft, 14% below what one-beds in Al Falak Residence were fetching at the time (AED 868). 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. 807's AED 30,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Jul 2026580,000
16 Mar 2026480,000
23 Jan 2026570,000
9 Dec 2025582,141
4 1-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
8062-bedAED 610K · May 2023
8082-bedAED 501K · Mar 2022
1–7 of 9

807, Al Falak Residence in numbers

  • Sold once: by Al Falak Residenceo on 24 July 2018 for AED 520,000, or AED 747 per sqft.
  • Rented since January 2018 on 5 Ejari contracts, from AED 48,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2018 price is 5.8%, 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 November 2022.

Questions about 807, Al Falak Residence

What did unit 807 last sell for?

AED 520,000 on 24 July 2018, sold by the developer: AED 747 per sqft for 695 sqft. It is the only registered sale of the unit.

What is the rent for unit 807?

AED 30,000 a year on the contract signed on 1 November 2022. The previous contract, from July 2020, was AED 32,000; the unit has been rented since January 2018.

How big is unit 807?

695 sqft (64.6 sqm): a one-bedroom apartment on the 8th floor of a 8-storey tower completed in 2015.

What is unit 807 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 807, Al Falak Residence

Starts from the last sale price (AED 520K, 24 July 2018). Switch to today's estimate once you have unlocked it.
Price
AED 520,000
Deposit, UAE resident (20%)
AED 104,000
Deposit, non-resident (40%)
AED 208,000
Monthly over 25 years at 3.7%
AED 2,127

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