2-bed · 1,191 sqftAl Falak Residence, Dubai Silicon Oasis · 2nd floor · completed 2015

208, Al Falak Residence

Sold prices and rental history: sold once, by the developer in December 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 208 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 730K22 December 2023
Current rentAED 75K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 208, Al Falak Residence

What is 208 worth today?

Last sold for AED 730,000 in 2023

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1 Feb 2026RentedRenewal
AED 75,000/yr12 months · AED 63 per sqft
1 Feb 2025RentedNew contract
AED 74,000/yr12 months · AED 62 per sqft
1 Feb 2024RentedNew contract
AED 36,000/yr24 months · AED 30 per sqft
1 Feb 2024RentedNew contract
AED 73,000/yr24 months · AED 61 per sqft
22 Dec 2023Sold by developerReady
AED 730,000AED 612 per sqft
5 Dec 2020RentedNew contract
AED 46,154/yr13 months · AED 39 per sqft
20 Jul 2019RentedRenewal
AED 66,000/yr12 months · AED 55 per sqft
20 Jul 2018RentedNew contract
AED 66,000/yr12 months · AED 55 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 February 2026.

Key facts

Type
2-bed apartment
Size
1,191 sqft
Floor
2nd of 8
Parking
G-20
Developer
Al Falak Residenceo
Completed
2015
Service charge
AED 14,000 /yr
Last sold
AED 730K · December 2023

About 208, Al Falak Residence

208 is a two-bedroom apartment of 1,191 sqft on the 2nd floor of Al Falak Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2015 by Al Falak Residenceo. The developer sold it on 22 December 2023 for AED 730,000, or AED 612 per sqft, 3% above the AED 594 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 1 February 2026, is AED 75,000 a year: a gross yield of 10.3% on the 2023 price, before the service charge of about AED 14,000 a year.

Sales and rents for 208 over time

Sales
Unit 208, each saleTypical two-bed in Al Falak Residence
600K800K1M2018202020222024Typical sale price by year: 2018 AED 967,480; 2022 AED 550,000; 2023 AED 680,000; 2024 AED 785,000Sold by developer, December 2023: AED 730,000 (AED 612 per sqft)

208 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 208, each contractTypical two-bed in Al Falak Residence
40K60K80K2017202020232026Typical rent by year: 2017 AED 71,000; 2018 AED 71,000; 2019 AED 70,500; 2020 AED 50,385; 2021 AED 43,000; 2022 AED 48,000; 2023 AED 58,000; 2024 AED 70,000; 2025 AED 78,000; 2026 AED 57,500New contract, December 2017: AED 71,000 a yearNew contract, July 2018: AED 66,000 a yearRenewal, July 2019: AED 66,000 a yearNew contract, December 2020: AED 46,154 a yearNew contract, February 2024: AED 36,000 a yearNew contract, February 2024: AED 73,000 a yearNew contract, February 2025: AED 74,000 a yearRenewal, February 2026: AED 75,000 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 Al Falak Residence, and where 208 sits

All 32 2-beds →

208 last sold in December 2023 at AED 612 per sqft, 3% above what two-beds in Al Falak Residence were fetching at the time (AED 594). 208's AED 75,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Jan 2025820,000
19 Dec 2024823,000
9 Oct 2024830,000
13 Sep 2024825,000
0 2-bed sales in the last 12 months

Al Falak Residence

Building

95 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
7.9%
Al Falak Residence, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 2nd floor

All 95 units in Al Falak Residence
Value
2012-bedAED 823K · Dec 2024
2021-bedAED 659K · Jul 2018
2032-bedAED 750K · Jan 2024
2041-bedAED 640K · Jan 2018
2051-bedAED 684K · Jan 2018
2061-bedAED 425K · Mar 2023
2071-bedAED 580K · Feb 2018
1–7 of 13

208, Al Falak Residence in numbers

  • Sold once: by Al Falak Residenceo on 22 December 2023 for AED 730,000, or AED 612 per sqft.
  • Rented since December 2017 on 8 Ejari contracts. The rent fell from AED 71,000 to AED 36,000 in 2024 and recovered to AED 75,000 by February 2026.
  • At AED 75,000 a year the gross yield on the 2023 price is 10.3%, before a service charge of about AED 14,000 a year (AED 11.74 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 1 February 2026.

Questions about 208, Al Falak Residence

What did unit 208 last sell for?

AED 730,000 on 22 December 2023, sold by the developer: AED 612 per sqft for 1,191 sqft. It is the only registered sale of the unit.

What is the rent for unit 208?

AED 75,000 a year on the contract renewed on 1 February 2026. The previous contract, from February 2025, was AED 74,000; the unit has been rented since December 2017.

How big is unit 208?

1,191 sqft (110.6 sqm): a two-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2015.

What is unit 208 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 208, Al Falak Residence

Starts from the last sale price (AED 730K, 22 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 730,000
Deposit, UAE resident (20%)
AED 146,000
Deposit, non-resident (40%)
AED 292,000
Monthly over 25 years at 3.7%
AED 2,987

Plus AED 35,670 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →