102, Al Falak Residence
Sold prices and rental history: sold twice, last in January 2025, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 102, Al Falak Residence
What is 102 worth today?
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Source: Dubai Land Department. Updated 3 January 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,220 sqft
- Floor
- 1st of 8
- Parking
- G-2
- Developer
- Al Falak Residenceo
- Completed
- 2015
- Service charge
- AED 14,300 /yr
- Last sold
- AED 820K · January 2025
- Building
- Al Falak Residence
About 102, Al Falak Residence
102 is a two-bedroom apartment of 1,220 sqft on the 1st floor of Al Falak Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2015 by Al Falak Residenceo. It last sold on 3 January 2025 for AED 820,000, or AED 672 per sqft, 12% above the AED 598 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 15 March 2024, is AED 72,000 a year: a gross yield of 8.8% on the 2025 price, before the service charge of about AED 14,300 a year.
Sales and rents for 102 over time
102 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Al Falak Residence, and where 102 sits
All 32 2-beds →102 last sold in January 2025 at AED 672 per sqft, 12% above what two-beds in Al Falak Residence were fetching at the time (AED 598). 102's AED 72,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Dec 202419 December 2024 | 1,220 sqft | 823,000 | 674 | ||
| 9 Oct 20249 October 2024 | 1,768 sqft | 830,000 | 469 | ||
| 13 Sep 202413 September 2024 | 1,931 sqft | 825,000 | 427 | ||
| 16 Aug 202416 August 2024 | 1,220 sqft | 845,000 | 692 |
Al Falak Residence
Building95 apartments, 1-bed to 2-bed over 8 floors in Dubai Silicon Oasis, completed in 2015 by Al Falak Residenceo. 2 sold in the last 12 months.
- Typical price per sqft
- AED 835
- Typical sale
- AED 576K
- Typical rent
- AED 44K /yr
- Typical yield
- 7.8%
Other units on the 1st floor
All 95 units in Al Falak Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 2-bed | 1,220 sqft | AED 680KAED 680,000 · Nov 2023November 2023 | 48,000 /yr | |
| 103 | 1-bed | 651 sqft | AED 580KAED 580,000 · Apr 2018April 2018 | 55,000 /yr | |
| 105 | 1-bed | 650 sqft | AED 330KAED 330,000 · Mar 2022March 2022 | 45,000 /yr | |
| 106 | 1-bed | 651 sqft | AED 575KAED 575,000 · Mar 2018March 2018 | 42,630 /yr | |
| 107 | 2-bed | 1,191 sqft | AED 665KAED 665,000 · Nov 2023November 2023 | 49,000 /yr | |
| 108 | 2-bed | 1,191 sqft | AED 950KAED 950,000 · Feb 2018February 2018 | ||
| 109 | 1-bed | 651 sqft | AED 605KAED 605,000 · Jun 2025June 2025 | 55,000 /yr | |
| 110 | 1-bed | 696 sqft | AED 525KAED 525,000 · May 2018May 2018 | 40,500 /yr | |
| 111 | 1-bed | 650 sqft | AED 545KAED 545,000 · Apr 2018April 2018 | 48,000 /yr | |
| 112 | 1-bed | 651 sqft | AED 440KAED 440,000 · Mar 2024March 2024 | 55,000 /yr |
102, Al Falak Residence in numbers
- Sold twice: first on 9 January 2024 for AED 730,000, last on 3 January 2025 for AED 820,000 (AED 672 per sqft).
- Rented since January 2018 on 6 Ejari contracts. The rent fell from AED 71,000 to AED 41,000 in 2021 and recovered to AED 72,000 by March 2024.
- At AED 72,000 a year the gross yield on the 2025 price is 8.8%, before a service charge of about AED 14,300 a year (AED 11.74 per sqft).
Source: Dubai Land Department. Updated 3 January 2025.
Questions about 102, Al Falak Residence
What did unit 102 last sell for?
AED 820,000 on 3 January 2025: AED 672 per sqft for 1,220 sqft. The unit has 2 registered sales; the first was AED 730,000 in January 2024.
What is the rent for unit 102?
AED 72,000 a year on the contract signed on 15 March 2024. The previous contract, from February 2022, was AED 44,308; the unit has been rented since January 2018.
How big is unit 102?
1,220 sqft (113.3 sqm): a two-bedroom apartment on the 1st floor of a 8-storey tower completed in 2015.
What is unit 102 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 102, Al Falak Residence
Starts from the last sale price (AED 820K, 3 January 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 820,000
- Deposit, UAE resident (20%)
- AED 164,000
- Deposit, non-resident (40%)
- AED 328,000
- Monthly over 25 years at 3.7%
- AED 3,355
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →