2-bed · 1,954 sqftFalcon Tower, Business Bay · 10th floor

1006, Falcon Tower

Sold prices and rental history: sold once, by the developer in February 2025, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1006 · DLD and Ejari recordsUpdated 16 August 2025
Last soldAED 2.61M6 February 2025
Current rentAED 110K /yr16 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1006, Falcon Tower

What is 1006 worth today?

Last sold for AED 2,609,633 in 2025

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

16 Aug 2025RentedRenewal
AED 110,000/yr12 months · AED 58 per sqft
6 Feb 2025Sold by developerReady
AED 2,609,633AED 1,335 per sqft
16 Aug 2024RentedRenewal
AED 110,000/yr12 months · AED 58 per sqft
1 Dec 2023RentedRenewal
AED 98,175/yr12 months · AED 53 per sqft
16 Aug 2023RentedRenewal
AED 105,000/yr12 months · AED 55 per sqft
1 Dec 2022RentedRenewal
AED 93,500/yr12 months · AED 51 per sqft
16 Aug 2022RentedRenewal
AED 105,000/yr12 months · AED 55 per sqft
1 Nov 2021RentedRenewal
AED 85,000/yr13 months · AED 46 per sqft

Source: Dubai Land Department. Updated 16 August 2025.

Key facts

Type
2-bed apartment
Size
1,954 sqft
Floor
10th of 39
Parking
2
Service charge
AED 33,000 /yr
Last sold
AED 2.61M · February 2025
Building
Falcon Tower

About 1006, Falcon Tower

1006 is a two-bedroom apartment of 1,954 sqft on the 10th floor of Falcon Tower, a 39-storey tower in Business Bay. The developer sold it on 6 February 2025 for AED 2,609,633, or AED 1,335 per sqft, 5% below the AED 1,403 two-beds in the building were fetching at the time.

It has been rented continuously since 2011 on 16 Ejari contracts. The current contract, renewed on 16 August 2025, is AED 110,000 a year: a gross yield of 4.2% on the 2025 price, before the service charge of about AED 33,000 a year.

Sales and rents for 1006 over time

Rents
Unit 1006, each contractTypical two-bed in Falcon Tower
100K150K2010201520202025Typical rent by year: 2010 AED 115,765; 2011 AED 115,765; 2012 AED 115,400; 2013 AED 125,000; 2014 AED 127,300; 2015 AED 130,000; 2016 AED 130,000; 2017 AED 134,400; 2018 AED 120,000; 2019 AED 115,000; 2020 AED 110,000; 2021 AED 100,000; 2022 AED 95,000; 2023 AED 100,000; 2024 AED 105,000; 2025 AED 110,250; 2026 AED 115,763New contract, June 2011: AED 135,000 a yearRenewal, June 2012: AED 135,000 a yearRenewal, June 2013: AED 149,687 a yearNew contract, September 2013: AED 145,000 a yearNew contract, September 2013: AED 150,000 a yearNew contract, June 2014: AED 155,000 a yearNew contract, August 2015: AED 170,000 a yearRenewal, August 2019: AED 125,000 a yearRenewal, August 2021: AED 105,000 a yearRenewal, November 2021: AED 85,000 a yearRenewal, August 2022: AED 105,000 a yearRenewal, December 2022: AED 93,500 a yearRenewal, August 2023: AED 105,000 a yearRenewal, December 2023: AED 98,175 a yearRenewal, August 2024: AED 110,000 a yearRenewal, August 2025: AED 110,000 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 Falcon Tower, and where 1006 sits

All 74 2-beds →

1006 last sold in February 2025 at AED 1,335 per sqft, 5% below what two-beds in Falcon Tower were fetching at the time (AED 1,403). 1006's AED 110,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Apr 20251,834,633
30 Apr 20251,814,633
30 Apr 20252,725,633
30 Apr 20252,234,633
0 2-bed sales in the last 12 months

Falcon Tower

Building

191 apartments, 1-bed to 3-bed over 39 floors in Business Bay. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 116K /yr
Typical yield
Falcon Tower, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 191 units in Falcon Tower
Value
10012-bedAED 2.47M · Feb 2025
10021-bedAED 1.77M · Feb 2025
10032-bedAED 2.48M · Feb 2025
10042-bedAED 2.61M · Feb 2025
10051-bedAED 1.74M · Feb 2025

1006, Falcon Tower in numbers

  • Sold once: by the developer on 6 February 2025 for AED 2,609,633, or AED 1,335 per sqft.
  • Rented since June 2011 on 16 Ejari contracts. The rent fell from AED 135,000 to AED 85,000 in 2021 and recovered to AED 110,000 by August 2025.
  • At AED 110,000 a year the gross yield on the 2025 price is 4.2%, before a service charge of about AED 33,000 a year (AED 16.87 per sqft).

Source: Dubai Land Department. Updated 16 August 2025.

Questions about 1006, Falcon Tower

What did unit 1006 last sell for?

AED 2,609,633 on 6 February 2025, sold by the developer: AED 1,335 per sqft for 1,954 sqft. It is the only registered sale of the unit.

What is the rent for unit 1006?

AED 110,000 a year on the contract renewed on 16 August 2025. The previous contract, from August 2024, was AED 110,000; the unit has been rented since June 2011.

How big is unit 1006?

1,954 sqft (181.5 sqm): a two-bedroom apartment on the 10th floor of a 39-storey tower.

What is unit 1006 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 1006? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1006, Falcon Tower

Starts from the last sale price (AED 2.61M, 6 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,609,633
Deposit, UAE resident (20%)
AED 521,927
Deposit, non-resident (40%)
AED 1,043,853
Monthly over 25 years at 3.7%
AED 10,677

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