1-bed · 946 sqftFalcon Tower, Business Bay · 12th floor

1405, Falcon Tower

Sold prices and rental history: sold once, by the developer in April 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1405 · DLD and Ejari recordsUpdated 1 October 2025
Last soldAED 1.77M30 April 2025
Current rentAED 105K /yr1 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1405, Falcon Tower

What is 1405 worth today?

Last sold for AED 1,770,633 in 2025

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1 Oct 2025RentedRenewal
AED 105,000/yr12 months · AED 55 per sqft
30 Apr 2025Sold by developerReady
AED 1,770,633AED 1,872 per sqft
1 Oct 2024RentedRenewal
AED 110,000/yr12 months · AED 58 per sqft
1 Oct 2023RentedRenewal
AED 105,000/yr12 months · AED 55 per sqft
7 Sep 2023RentedRenewal
AED 68,250/yr12 months · AED 80 per sqft
1 Oct 2022RentedRenewal
AED 100,000/yr12 months · AED 53 per sqft
7 Sep 2022RentedRenewal
AED 65,000/yr12 months · AED 76 per sqft
1 Oct 2021RentedRenewal
AED 100,000/yr12 months · AED 53 per sqft

Source: Dubai Land Department. Updated 1 October 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 1.77M · April 2025
Building
Falcon Tower

About 1405, Falcon Tower

1405 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 1,770,633, or AED 1,872 per sqft, 9% above the AED 1,712 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, renewed on 1 October 2025, is AED 105,000 a year: a gross yield of 5.9% on the 2025 price, before the service charge of about AED 16,000 a year.

Sales and rents for 1405 over time

Rents
Unit 1405, each contractTypical one-bed in Falcon Tower
50K100K150K2010201520202025Typical 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 110,250Renewal, July 2013: AED 125,200 a yearRenewal, July 2014: AED 137,720 a yearRenewal, July 2015: AED 142,320 a yearRenewal, July 2016: AED 142,320 a yearNew contract, August 2017: AED 140,000 a yearRenewal, October 2020: AED 100,000 a yearRenewal, August 2021: AED 60,162 a yearRenewal, October 2021: AED 100,000 a yearRenewal, September 2022: AED 65,000 a yearRenewal, October 2022: AED 100,000 a yearRenewal, September 2023: AED 68,250 a yearRenewal, October 2023: AED 105,000 a yearRenewal, October 2024: AED 110,000 a yearRenewal, October 2025: AED 105,000 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 1405 sits

All 37 1-beds →

1405 last sold in April 2025 at AED 1,872 per sqft, 9% above what one-beds in Falcon Tower were fetching at the time (AED 1,712). 1405's AED 105,000 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 12th floor

All 191 units in Falcon Tower
Value
12012-bedAED 2.59M · Apr 2025
12021-bedAED 1.6M · Apr 2025
12032-bedAED 2.59M · Apr 2025
12042-bedAED 2.65M · Apr 2025

1405, Falcon Tower in numbers

  • Sold once: by the developer on 30 April 2025 for AED 1,770,633, or AED 1,872 per sqft.
  • Rented since July 2013 on 14 Ejari contracts. The rent fell from AED 125,200 to AED 60,162 in 2021 and recovered to AED 105,000 by October 2025.
  • At AED 105,000 a year the gross yield on the 2025 price is 5.9%, before a service charge of about AED 16,000 a year (AED 16.87 per sqft).

Source: Dubai Land Department. Updated 1 October 2025.

Questions about 1405, Falcon Tower

What did unit 1405 last sell for?

AED 1,770,633 on 30 April 2025, sold by the developer: AED 1,872 per sqft for 946 sqft. It is the only registered sale of the unit.

What is the rent for unit 1405?

AED 105,000 a year on the contract renewed on 1 October 2025. The previous contract, from October 2024, was AED 110,000; the unit has been rented since July 2013.

How big is unit 1405?

946 sqft (87.9 sqm): a one-bedroom apartment on the 12th floor of a 39-storey tower.

What is unit 1405 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 1405, Falcon Tower

Starts from the last sale price (AED 1.77M, 30 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,770,633
Deposit, UAE resident (20%)
AED 354,127
Deposit, non-resident (40%)
AED 708,253
Monthly over 25 years at 3.7%
AED 7,244

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