1202, Falcon Tower
Sold prices and rental history: sold once, by the developer in April 2025, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1202, Falcon Tower
What is 1202 worth today?
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Source: Dubai Land Department. Updated 30 April 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 946 sqft
- Floor
- 12th of 39
- Parking
- 1
- Service charge
- AED 16,000 /yr
- Last sold
- AED 1.6M · April 2025
- Building
- Falcon Tower
About 1202, Falcon Tower
1202 is a one-bedroom apartment of 946 sqft on the 12th floor of Falcon Tower, a 39-storey tower in Business Bay. The developer sold it on 30 April 2025 for AED 1,603,633, or AED 1,695 per sqft, in line with the AED 1,712 one-beds in the building were fetching at the time.
It has been rented continuously since 2011 on 12 Ejari contracts. The current contract, renewed on 25 October 2023, is AED 78,750 a year: a gross yield of 4.9% on the 2025 price, before the service charge of about AED 16,000 a year.
Sales and rents for 1202 over time
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Falcon Tower, and where 1202 sits
All 37 1-beds →1202 last sold in April 2025 at AED 1,695 per sqft, in line with what one-beds in Falcon Tower were fetching at the time (AED 1,712). 1202's AED 78,750 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Apr 202530 April 2025 | 946 sqft | 1,249,633 | 1,321 | ||
| 30 Apr 202530 April 2025 | 946 sqft | 1,634,633 | 1,728 | ||
| 30 Apr 202530 April 2025 | 946 sqft | 1,557,633 | 1,647 | ||
| 30 Apr 202530 April 2025 | 946 sqft | 1,647,633 | 1,742 |
Falcon Tower
Building191 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
Other units on the 12th floor
All 191 units in Falcon Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,888 sqft | AED 2.59MAED 2,586,633 · Apr 2025April 2025 | 110,000 /yr | |
| 1203 | 2-bed | 1,907 sqft | AED 2.59MAED 2,585,633 · Apr 2025April 2025 | 110,000 /yr | |
| 1204 | 2-bed | 1,888 sqft | AED 2.65MAED 2,653,633 · Apr 2025April 2025 | 105,000 /yr | |
| 1405 | 1-bed | 946 sqft | AED 1.77MAED 1,770,633 · Apr 2025April 2025 | 105,000 /yr |
1202, Falcon Tower in numbers
- Sold once: by the developer on 30 April 2025 for AED 1,603,633, or AED 1,695 per sqft.
- Rented since January 2011 on 12 Ejari contracts, from AED 98,175 to AED 78,750 a year.
- At AED 78,750 a year the gross yield on the 2025 price is 4.9%, before a service charge of about AED 16,000 a year (AED 16.87 per sqft).
Source: Dubai Land Department. Updated 30 April 2025.
Questions about 1202, Falcon Tower
What did unit 1202 last sell for?
AED 1,603,633 on 30 April 2025, sold by the developer: AED 1,695 per sqft for 946 sqft. It is the only registered sale of the unit.
What is the rent for unit 1202?
AED 78,750 a year on the contract renewed on 25 October 2023. The previous contract, from October 2022, was AED 75,000; the unit has been rented since January 2011.
How big is unit 1202?
946 sqft (87.9 sqm): a one-bedroom apartment on the 12th floor of a 39-storey tower.
What is unit 1202 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 1202, Falcon Tower
Starts from the last sale price (AED 1.6M, 30 April 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,603,633
- Deposit, UAE resident (20%)
- AED 320,727
- Deposit, non-resident (40%)
- AED 641,453
- Monthly over 25 years at 3.7%
- AED 6,561
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →