2-bed · 1,888 sqftFalcon Tower, Business Bay · 4th floor

404, 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 404 · DLD and Ejari recordsUpdated 1 July 2025
Last soldAED 2.27M30 April 2025
Current rentAED 110K /yr1 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Falcon Tower

What is 404 worth today?

Last sold for AED 2,268,633 in 2025

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1 Jul 2025RentedRenewal
AED 110,000/yr12 months · AED 58 per sqft
30 Apr 2025Sold by developerReady
AED 2,268,633AED 1,201 per sqft
1 Jul 2024RentedRenewal
AED 110,000/yr12 months · AED 58 per sqft
1 May 2024RentedRenewal
AED 101,640/yr12 months · AED 55 per sqft
1 Jul 2023RentedRenewal
AED 110,000/yr12 months · AED 58 per sqft
1 May 2023RentedRenewal
AED 92,400/yr12 months · AED 50 per sqft
1 Jul 2022RentedRenewal
AED 110,000/yr12 months · AED 58 per sqft
1 May 2022RentedNew contract
AED 88,000/yr12 months · AED 48 per sqft

Source: Dubai Land Department. Updated 1 July 2025.

Key facts

Type
2-bed apartment
Size
1,888 sqft
Floor
4th of 39
Parking
1
Service charge
AED 31,800 /yr
Last sold
AED 2.27M · April 2025
Building
Falcon Tower

About 404, Falcon Tower

404 is a two-bedroom apartment of 1,888 sqft on the 4th floor of Falcon Tower, a 39-storey tower in Business Bay. The developer sold it on 30 April 2025 for AED 2,268,633, or AED 1,201 per sqft, 13% below the AED 1,375 two-beds in the building were fetching at the time.

It has been rented continuously since 2011 on 18 Ejari contracts. The current contract, renewed on 1 July 2025, is AED 110,000 a year: a gross yield of 4.9% on the 2025 price, before the service charge of about AED 31,800 a year.

Sales and rents for 404 over time

Rents
Unit 404, each contractTypical two-bed in Falcon Tower
100K125K2010201520202025Typical 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, July 2011: AED 109,970 a yearRenewal, July 2012: AED 115,470 a yearRenewal, July 2013: AED 121,250 a yearRenewal, July 2014: AED 121,300 a yearRenewal, July 2015: AED 121,300 a yearRenewal, July 2017: AED 121,300 a yearRenewal, July 2018: AED 121,300 a yearRenewal, July 2019: AED 121,300 a yearRenewal, July 2020: AED 110,000 a yearRenewal, July 2021: AED 110,000 a yearNew contract, August 2021: AED 85,000 a yearNew contract, May 2022: AED 88,000 a yearRenewal, July 2022: AED 110,000 a yearRenewal, May 2023: AED 92,400 a yearRenewal, July 2023: AED 110,000 a yearRenewal, May 2024: AED 101,640 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 two-bed median of each year in the building.

2-beds in Falcon Tower, and where 404 sits

All 74 2-beds →

404 last sold in April 2025 at AED 1,201 per sqft, 13% below what two-beds in Falcon Tower were fetching at the time (AED 1,375). 404'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 4th floor

All 191 units in Falcon Tower
Value
2021-bedAED 1.25M · Apr 2025
4012-bedAED 1.82M · Apr 2025
4032-bedAED 1.83M · Apr 2025
4051-bedAED 1.41M · Apr 2025
4062-bedAED 2.27M · Apr 2025

404, Falcon Tower in numbers

  • Sold once: by the developer on 30 April 2025 for AED 2,268,633, or AED 1,201 per sqft.
  • Rented since July 2011 on 18 Ejari contracts. The rent fell from AED 109,970 to AED 85,000 in 2021 and recovered to AED 110,000 by July 2025.
  • At AED 110,000 a year the gross yield on the 2025 price is 4.9%, before a service charge of about AED 31,800 a year (AED 16.87 per sqft).

Source: Dubai Land Department. Updated 1 July 2025.

Questions about 404, Falcon Tower

What did unit 404 last sell for?

AED 2,268,633 on 30 April 2025, sold by the developer: AED 1,201 per sqft for 1,888 sqft. It is the only registered sale of the unit.

What is the rent for unit 404?

AED 110,000 a year on the contract renewed on 1 July 2025. The previous contract, from July 2024, was AED 110,000; the unit has been rented since July 2011.

How big is unit 404?

1,888 sqft (175.4 sqm): a two-bedroom apartment on the 4th floor of a 39-storey tower.

What is unit 404 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 404, Falcon Tower

Starts from the last sale price (AED 2.27M, 30 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,268,633
Deposit, UAE resident (20%)
AED 453,727
Deposit, non-resident (40%)
AED 907,453
Monthly over 25 years at 3.7%
AED 9,282

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