808, Al Falak Residence
Sold prices and rental history: sold once, by the developer in March 2022, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 808, Al Falak Residence
What is 808 worth today?
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Source: Dubai Land Department. Updated 21 March 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,002 sqft
- Floor
- 8th of 8
- Parking
- G-99
- Developer
- Al Falak Residenceo
- Completed
- 2015
- Service charge
- AED 11,800 /yr
- Last sold
- AED 501K · March 2022
- Building
- Al Falak Residence
About 808, Al Falak Residence
808 is a two-bedroom apartment of 1,002 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 March 2022 for AED 501,000, or AED 500 per sqft.
It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 5 August 2021, is AED 43,000 a year: a gross yield of 8.6% on the 2022 price, before the service charge of about AED 11,800 a year.
Sales and rents for 808 over time
808 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 808 sits
All 32 2-beds →808's AED 43,000 is in the lower 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
- 8.2%
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 | ||
| 803 | 2-bed | 1,044 sqft | AED 550KAED 550,000 · Apr 2022April 2022 | 72,000 /yr | |
| 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 | |
| 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 |
808, Al Falak Residence in numbers
- Sold once: by Al Falak Residenceo on 21 March 2022 for AED 501,000, or AED 500 per sqft.
- Rented since January 2018 on 3 Ejari contracts, from AED 71,000 to AED 43,000 a year.
- At AED 43,000 a year the gross yield on the 2022 price is 8.6%, before a service charge of about AED 11,800 a year (AED 11.74 per sqft).
Source: Dubai Land Department. Updated 21 March 2022.
Questions about 808, Al Falak Residence
What did unit 808 last sell for?
AED 501,000 on 21 March 2022, sold by the developer: AED 500 per sqft for 1,002 sqft. It is the only registered sale of the unit.
What is the rent for unit 808?
AED 43,000 a year on the contract signed on 5 August 2021. The previous contract, from January 2019, was AED 58,000; the unit has been rented since January 2018.
How big is unit 808?
1,002 sqft (93.1 sqm): a two-bedroom apartment on the 8th floor of a 8-storey tower completed in 2015.
What is unit 808 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 808, Al Falak Residence
Starts from the last sale price (AED 501K, 21 March 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 501,000
- Deposit, UAE resident (20%)
- AED 100,200
- Deposit, non-resident (40%)
- AED 200,400
- Monthly over 25 years at 3.7%
- AED 2,050
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →