1-bed · 946 sqftFalcon Tower, Business Bay · 16th floor

1302, 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.

Unit 1302 · DLD and Ejari recordsUpdated 16 July 2025
Last soldAED 1.65M29 April 2025
Current rentAED 110K /yr16 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1302, Falcon Tower

What is 1302 worth today?

Last sold for AED 1,647,633 in 2025

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16 Jul 2025RentedRenewal
AED 110,000/yr12 months · AED 58 per sqft
29 Apr 2025Sold by developerReady
AED 1,647,633AED 1,742 per sqft
16 Jul 2024RentedRenewal
AED 110,000/yr12 months · AED 58 per sqft
16 Jul 2023RentedRenewal
AED 105,000/yr12 months · AED 55 per sqft
13 Feb 2023RentedNew contract
AED 80,000/yr12 months · AED 94 per sqft
10 Feb 2022RentedNew contract
AED 63,000/yr12 months · AED 74 per sqft
16 Jun 2020RentedRenewal
AED 109,988/yr12 months · AED 58 per sqft
16 Jun 2019RentedRenewal
AED 109,988/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 16 July 2025.

Key facts

Type
1-bed apartment
Size
946 sqft
Floor
16th of 39
Parking
1
Service charge
AED 16,000 /yr
Last sold
AED 1.65M · April 2025
Building
Falcon Tower

About 1302, Falcon Tower

1302 is a one-bedroom apartment of 946 sqft on the 16th floor of Falcon Tower, a 39-storey tower in Business Bay. The developer sold it on 29 April 2025 for AED 1,647,633, or AED 1,742 per sqft, in line with the AED 1,752 one-beds in the building were fetching at the time.

It has been rented continuously since 2011 on 14 Ejari contracts. The current contract, renewed on 16 July 2025, is AED 110,000 a year: a gross yield of 6.7% on the 2025 price, before the service charge of about AED 16,000 a year.

Sales and rents for 1302 over time

Rents
Unit 1302, each contractTypical one-bed in Falcon Tower
100K2010201520202025Typical rent by year: 2010 AED 101,325; 2011 AED 104,439; 2012 AED 109,606; 2013 AED 118,125; 2014 AED 125,000; 2015 AED 120,800; 2016 AED 128,400; 2017 AED 130,000; 2018 AED 120,000; 2019 AED 115,000; 2020 AED 109,594; 2021 AED 100,000; 2022 AED 68,250; 2023 AED 92,500; 2024 AED 105,000; 2025 AED 110,250New contract, June 2011: AED 99,750 a yearRenewal, June 2012: AED 99,750 a yearRenewal, June 2013: AED 109,700 a yearRenewal, June 2015: AED 104,750 a yearRenewal, June 2016: AED 104,750 a yearRenewal, June 2017: AED 104,750 a yearRenewal, June 2018: AED 109,988 a yearRenewal, June 2019: AED 109,988 a yearRenewal, June 2020: AED 109,988 a yearNew contract, February 2022: AED 63,000 a yearNew contract, February 2023: AED 80,000 a yearRenewal, July 2023: AED 105,000 a yearRenewal, July 2024: AED 110,000 a yearRenewal, July 2025: AED 110,000 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 Falcon Tower, and where 1302 sits

All 37 1-beds →

1302 last sold in April 2025 at AED 1,742 per sqft, in line with what one-beds in Falcon Tower were fetching at the time (AED 1,752). 1302's AED 110,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
30 Apr 20251,249,633
30 Apr 20251,634,633
30 Apr 20251,557,633
30 Apr 20251,647,633
0 1-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 16th floor

All 191 units in Falcon Tower
Value
14021-bedAED 1.65M · Apr 2025
16012-bedAED 2.8M · Apr 2025
16032-bedAED 2.8M · Apr 2025
16042-bedAED 2.7M · Apr 2025
16051-bedAED 1.77M · Apr 2025
16062-bedAED 2.7M · Apr 2025

1302, Falcon Tower in numbers

  • Sold once: by the developer on 29 April 2025 for AED 1,647,633, or AED 1,742 per sqft.
  • Rented since June 2011 on 14 Ejari contracts. The rent fell from AED 99,750 to AED 63,000 in 2022 and recovered to AED 110,000 by July 2025.
  • At AED 110,000 a year the gross yield on the 2025 price is 6.7%, before a service charge of about AED 16,000 a year (AED 16.87 per sqft).

Source: Dubai Land Department. Updated 16 July 2025.

Questions about 1302, Falcon Tower

What did unit 1302 last sell for?

AED 1,647,633 on 29 April 2025, sold by the developer: AED 1,742 per sqft for 946 sqft. It is the only registered sale of the unit.

What is the rent for unit 1302?

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

How big is unit 1302?

946 sqft (87.9 sqm): a one-bedroom apartment on the 16th floor of a 39-storey tower.

What is unit 1302 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 1302, Falcon Tower

Starts from the last sale price (AED 1.65M, 29 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,647,633
Deposit, UAE resident (20%)
AED 329,527
Deposit, non-resident (40%)
AED 659,053
Monthly over 25 years at 3.7%
AED 6,741

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