503, Al Falak Residence
Sold prices and rental history: sold twice, last in June 2025, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, Al Falak Residence
What is 503 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: YallaValue analysis of Dubai Land Department records. Updated 16 June 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 651 sqft
- Floor
- 5th of 8
- Parking
- G-55
- Developer
- Al Falak Residenceo
- Completed
- 2015
- Service charge
- AED 7,600 /yr
- Last sold
- AED 550K · June 2025
- Building
- Al Falak Residence
About 503, Al Falak Residence
503 is a one-bedroom apartment of 651 sqft on the 5th floor of Al Falak Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2015 by Al Falak Residenceo. It last sold on 16 June 2025 for AED 550,000, or AED 844 per sqft, in line with the AED 844 one-beds in the building were fetching at the time.
It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 8 January 2025, is AED 42,900 a year: a gross yield of 7.8% on the 2025 price, before the service charge of about AED 7,600 a year.
Sales and rents for 503 over time
503 has sold twice; 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 503 sits
All 62 1-beds →503 last sold in June 2025 at AED 844 per sqft, in line with what one-beds in Al Falak Residence were fetching at the time (AED 844). 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. 503's AED 42,900 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 5th floor
All 95 units in Al Falak Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,229 sqft | AED 745KAED 745,000 · Mar 2024March 2024 | 78,000 /yr | |
| 502 | 2-bed | 1,229 sqft | AED 730KAED 730,000 · Feb 2024February 2024 | 72,000 /yr | |
| 504 | 1-bed | 34 sqft | AED 599KAED 599,245 · Jan 2018January 2018 | 36,000 /yr | |
| 505 | 1-bed | 650 sqft | AED 525KAED 525,000 · May 2018May 2018 | 42,900 /yr | |
| 506 | 1-bed | 696 sqft | AED 500KAED 500,000 · Feb 2019February 2019 | 39,456 /yr | |
| 507 | 2-bed | 1,109 sqft | AED 985KAED 984,960 · Mar 2018March 2018 | ||
| 508 | 2-bed | 1,071 sqft | AED 790KAED 790,000 · May 2018May 2018 | ||
| 509 | 1-bed | 690 sqft | AED 603KAED 602,875 · Mar 2018March 2018 | 45,000 /yr | |
| 510 | 1-bed | 32 sqft | AED 637KAED 636,700 · Jan 2018January 2018 | 38,000 /yr | |
| 511 | 1-bed | 695 sqft | AED 609KAED 608,699 · Jan 2018January 2018 | 48,000 /yr | |
| 512 | 1-bed | 651 sqft | AED 586KAED 585,650 · Jan 2018January 2018 | 42,000 /yr |
503, Al Falak Residence in numbers
- Sold twice: first on 24 January 2018 for AED 590,000, last on 16 June 2025 for AED 550,000 (AED 844 per sqft).
- Rented since January 2018 on 3 Ejari contracts, from AED 46,000 to AED 42,900 a year.
- At AED 42,900 a year the gross yield on the 2025 price is 7.8%, 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 16 June 2025.
Questions about 503, Al Falak Residence
What did unit 503 last sell for?
AED 550,000 on 16 June 2025: AED 844 per sqft for 651 sqft. The unit has 2 registered sales; the first was AED 590,000 in January 2018.
What is the rent for unit 503?
AED 42,900 a year on the contract signed on 8 January 2025. The previous contract, from January 2019, was AED 45,000; the unit has been rented since January 2018.
How big is unit 503?
651 sqft (60.5 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2015.
What is unit 503 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.
Selling 503? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 503, Al Falak Residence
Starts from the last sale price (AED 550K, 16 June 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 550,000
- Deposit, UAE resident (20%)
- AED 110,000
- Deposit, non-resident (40%)
- AED 220,000
- Monthly over 25 years at 3.7%
- AED 2,250
Plus AED 28,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →