1204, Falcon Tower
Sold prices and rental history: sold twice, last 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 1204, Falcon Tower
What is 1204 worth today?
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Source: Dubai Land Department. Updated 30 April 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,888 sqft
- Floor
- 12th of 39
- Parking
- 1
- Service charge
- AED 31,800 /yr
- Last sold
- AED 2.65M · April 2025
- Building
- Falcon Tower
About 1204, Falcon Tower
1204 is a two-bedroom apartment of 1,888 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 2,653,633, or AED 1,405 per sqft, in line with the AED 1,375 two-beds in the building were fetching at the time.
It has been rented continuously since 2011 on 11 Ejari contracts. The current contract, renewed on 12 April 2025, is AED 105,000 a year: a gross yield of 4.0% on the 2025 price, before the service charge of about AED 31,800 a year.
Sales and rents for 1204 over time
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 1204 sits
All 74 2-beds →1204 last sold in April 2025 at AED 1,405 per sqft, in line with what two-beds in Falcon Tower were fetching at the time (AED 1,375). 1204's AED 105,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Apr 202530 April 2025 | 1,907 sqft | 1,834,633 | 961 | ||
| 30 Apr 202530 April 2025 | 1,888 sqft | 1,814,633 | 961 | ||
| 30 Apr 202530 April 2025 | 1,954 sqft | 2,725,633 | 1,395 | ||
| 30 Apr 202530 April 2025 | 1,888 sqft | 2,234,633 | 1,183 |
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 | |
| 1202 | 1-bed | 946 sqft | AED 1.6MAED 1,603,633 · Apr 2025April 2025 | 78,750 /yr | |
| 1203 | 2-bed | 1,907 sqft | AED 2.59MAED 2,585,633 · Apr 2025April 2025 | 110,000 /yr | |
| 1405 | 1-bed | 946 sqft | AED 1.77MAED 1,770,633 · Apr 2025April 2025 | 105,000 /yr |
1204, Falcon Tower in numbers
- Sold twice: first on 30 April 2025 for AED 2,653,633, last on 30 April 2025 for AED 2,653,633 (AED 1,405 per sqft).
- Rented since November 2011 on 11 Ejari contracts. The rent fell from AED 130,000 to AED 90,000 in 2022 and recovered to AED 105,000 by April 2025.
- At AED 105,000 a year the gross yield on the 2025 price is 4.0%, before a service charge of about AED 31,800 a year (AED 16.87 per sqft).
Source: Dubai Land Department. Updated 30 April 2025.
Questions about 1204, Falcon Tower
What did unit 1204 last sell for?
AED 2,653,633 on 30 April 2025, sold by the developer: AED 1,405 per sqft for 1,888 sqft. The unit has 2 registered sales; the first was AED 2,653,633 in April 2025.
What is the rent for unit 1204?
AED 105,000 a year on the contract renewed on 12 April 2025. The previous contract, from April 2024, was AED 100,000; the unit has been rented since November 2011.
How big is unit 1204?
1,888 sqft (175.4 sqm): a two-bedroom apartment on the 12th floor of a 39-storey tower.
What is unit 1204 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 1204, Falcon Tower
Starts from the last sale price (AED 2.65M, 30 April 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,653,633
- Deposit, UAE resident (20%)
- AED 530,727
- Deposit, non-resident (40%)
- AED 1,061,453
- Monthly over 25 years at 3.7%
- AED 10,857
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →