2-bed · 1,181 sqftAl Falak Residence, Dubai Silicon Oasis · 3rd floor · completed 2015

310, Al Falak Residence

Sold prices and rental history: sold once, by the developer in May 2023, and rented once, from January 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 310 · DLD and Ejari recordsUpdated 16 May 2023

Last soldAED 750K16 May 2023

Current rentAED 78K /yr1 January 2019

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 310, Al Falak Residence

Today

What is 310 worth today?

Last sold for AED 750,000 in 2023

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16 May 2023

16 May 2023Sold by developerReady

AED 750,000AED 634 per sqft

1 Jan 2019

1 Jan 2019RentedNew contract

AED 78,000/yr12 months · AED 66 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 16 May 2023.

Key facts

Type: 2-bed apartment
Size: 1,181 sqft
Floor: 3rd of 8
Parking: G-36
Developer: Al Falak Residenceo
Completed: 2015
Service charge: AED 13,900 /yr
Last sold: AED 750K · May 2023
Building: Al Falak Residence

About 310, Al Falak Residence

310 is a two-bedroom apartment of 1,181 sqft on the 3rd 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 16 May 2023 for AED 750,000, or AED 634 per sqft, 6% above the AED 600 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 January 2019. The current contract, signed on 1 January 2019, is AED 78,000 a year: a gross yield of 10.4% on the 2023 price, before the service charge of about AED 13,900 a year.

Sales and rents for 310 over time

Sales

Unit 310, each saleTypical two-bed in Al Falak Residence

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

Rents

Unit 310, each contractTypical two-bed in Al Falak Residence

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 310 sits

All 32 2-beds →

Al Falak Residence · all types835 /sqft

310 last sold in May 2023 at AED 634 per sqft, 6% above what two-beds in Al Falak Residence were fetching at the time (AED 600). 310's AED 78,000 is at the top of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
3 Jan 20253 January 2025	1,220 sqft	820,000	672
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

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 3rd floor

All 95 units in Al Falak Residence


301	2-bed	1,220 sqft	AED 705KAED 705,000 · Mar 2024March 2024	50,000 /yr
302	1-bed	690 sqft	AED 570KAED 570,000 · Jan 2026January 2026	46,000 /yr
303	2-bed	1,220 sqft	AED 660KAED 660,000 · Sep 2023September 2023	68,500 /yr
304	1-bed	651 sqft	AED 390KAED 390,000 · Mar 2023March 2023	50,000 /yr
305	1-bed	696 sqft	AED 575KAED 575,000 · May 2025May 2025	30,000 /yr
306	1-bed	31 sqft	AED 629KAED 629,275 · Jan 2018January 2018	40,000 /yr
307	1-bed	651 sqft	AED 615KAED 615,000 · Mar 2018March 2018	49,000 /yr
308	2-bed	1,191 sqft	AED 680KAED 680,000 · Nov 2023November 2023	75,000 /yr
309	1-bed	697 sqft	AED 500KAED 500,000 · May 2019May 2019	42,900 /yr
311	1-bed	651 sqft	AED 520KAED 520,000 · Jul 2018July 2018
312	1-bed	650 sqft	AED 565KAED 565,000 · Feb 2018February 2018	45,000 /yr
313	1-bed	696 sqft	AED 315KAED 315,000 · Jan 2021January 2021	50,000 /yr
314	1-bed	651 sqft	AED 560KAED 560,000 · Mar 2018March 2018	38,675 /yr

1–7 of 13

310, Al Falak Residence in numbers

Sold once: by Al Falak Residenceo on 16 May 2023 for AED 750,000, or AED 634 per sqft.
Rented since January 2019 on one Ejari contract, at AED 78,000 a year.
At AED 78,000 a year the gross yield on the 2023 price is 10.4%, before a service charge of about AED 13,900 a year (AED 11.74 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 16 May 2023.

Questions about 310, Al Falak Residence

What did unit 310 last sell for?

AED 750,000 on 16 May 2023, sold by the developer: AED 634 per sqft for 1,181 sqft. It is the only registered sale of the unit.

What is the rent for unit 310?

AED 78,000 a year on the contract signed on 1 January 2019.

How big is unit 310?

1,181 sqft (109.7 sqm): a two-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2015.

What is unit 310 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 310, Al Falak Residence

Starts from the last sale price (AED 750K, 16 May 2023). Switch to today's estimate once you have unlocked it.

Price: AED 750,000
Deposit, UAE resident (20%): AED 150,000
Deposit, non-resident (40%): AED 300,000
Monthly over 25 years at 3.7%: AED 3,068

Plus AED 36,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →