405, Al Falak Residence
Sold prices and rental history: sold once, by the developer in June 2018, 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 405, Al Falak Residence
What is 405 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 18 March 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 650 sqft
- Floor
- 4th of 8
- Parking
- G-45
- Developer
- Al Falak Residenceo
- Completed
- 2015
- Service charge
- AED 7,600 /yr
- Last sold
- AED 510K · June 2018
- Building
- Al Falak Residence
About 405, Al Falak Residence
405 is a one-bedroom apartment of 650 sqft on the 4th 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 6 June 2018 for AED 510,000, or AED 784 per sqft, 10% below the AED 871 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 18 March 2025, is AED 48,000 a year: a gross yield of 9.4% on the 2018 price, before the service charge of about AED 7,600 a year.
Sales and rents for 405 over time
405 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Al Falak Residence, and where 405 sits
All 62 1-beds →405 last sold in June 2018 at AED 784 per sqft, 10% below what one-beds in Al Falak Residence were fetching at the time (AED 871). Over the last 12 months one-beds sold for AED 570,000 to 582,141, around AED 835 per sqft, and rent for AED 42,000 to 60,000 a year. 405's AED 48,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Jan 202623 January 2026 | 690 sqft | 570,000 | 825 | ||
| 22 Jun 202522 June 2025 | 651 sqft | 605,000 | 928 | ||
| 18 Jun 202518 June 2025 | 611 sqft | 515,000 | 842 | ||
| 16 Jun 202516 June 2025 | 611 sqft | 525,000 | 858 |
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
- 7.9%
Other units on the 4th floor
All 95 units in Al Falak Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,220 sqft | AED 845KAED 845,000 · Aug 2024August 2024 | 50,000 /yr | |
| 402 | 2-bed | 1,220 sqft | AED 730KAED 730,000 · Jan 2024January 2024 | 75,000 /yr | |
| 403 | 1-bed | 651 sqft | AED 335KAED 335,000 · Mar 2021March 2021 | 53,500 /yr | |
| 404 | 1-bed | 34 sqft | AED 596KAED 595,745 · Jan 2018January 2018 | 28,000 /yr | |
| 406 | 1-bed | 696 sqft | AED 525KAED 525,000 · Jan 2019January 2019 | 36,750 /yr | |
| 407 | 2-bed | 1,970 sqft | AED 825KAED 825,000 · Jun 2024June 2024 | 58,000 /yr | |
| 408 | 2-bed | 1,931 sqft | AED 825KAED 825,000 · Sep 2024September 2024 | 50,000 /yr | |
| 409 | 690 sqft | AED 582KAED 582,141 · Dec 2025December 2025 | 60,000 /yr | ||
| 410 | 1-bed | 31 sqft | AED 633KAED 632,985 · Jan 2018January 2018 | 43,000 /yr | |
| 411 | 1-bed | 696 sqft | AED 605KAED 605,200 · Jun 2018June 2018 | 25,000 /yr | |
| 412 | 1-bed | 651 sqft | AED 599KAED 599,334 · Jan 2018January 2018 | 48,000 /yr |
405, Al Falak Residence in numbers
- Sold once: by Al Falak Residenceo on 6 June 2018 for AED 510,000, or AED 784 per sqft.
- Rented since January 2018 on 8 Ejari contracts. The rent fell from AED 49,500 to AED 29,000 in 2021 and recovered to AED 48,000 by March 2025.
- At AED 48,000 a year the gross yield on the 2018 price is 9.4%, before a service charge of about AED 7,600 a year (AED 11.74 per sqft).
- One-beds in Al Falak Residence sold for AED 570,000–582,141 in the 12 months to November 2026; the building's median across all types is AED 835 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 18 March 2025.
Questions about 405, Al Falak Residence
What did unit 405 last sell for?
AED 510,000 on 6 June 2018, sold by the developer: AED 784 per sqft for 650 sqft. It is the only registered sale of the unit.
What is the rent for unit 405?
AED 48,000 a year on the contract renewed on 18 March 2025. The previous contract, from February 2023, was AED 34,500; the unit has been rented since January 2018.
How big is unit 405?
650 sqft (60.4 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2015.
What is unit 405 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Falak Residence sold for AED 570,000 to 582,141 in the last 12 months, around AED 835 per sqft.
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Mortgage on 405, Al Falak Residence
Starts from the last sale price (AED 510K, 6 June 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 510,000
- Deposit, UAE resident (20%)
- AED 102,000
- Deposit, non-resident (40%)
- AED 204,000
- Monthly over 25 years at 3.7%
- AED 2,087
Plus AED 26,430 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →