509, Al Falak Residence
Sold prices and rental history: sold once, by the developer in March 2018, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 509, Al Falak Residence
What is 509 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 10 March 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 690 sqft
- Floor
- 5th of 8
- Parking
- G-61
- Developer
- Al Falak Residenceo
- Completed
- 2015
- Service charge
- AED 8,100 /yr
- Last sold
- AED 603K · March 2018
- Building
- Al Falak Residence
About 509, Al Falak Residence
509 is a one-bedroom apartment of 690 sqft on the 5th 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 20 March 2018 for AED 602,875, or AED 874 per sqft, in line with the AED 879 one-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 10 March 2025, is AED 45,000 a year: a gross yield of 7.5% on the 2018 price, before the service charge of about AED 8,100 a year.
Sales and rents for 509 over time
509 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 509 sits
All 62 1-beds →509 last sold in March 2018 at AED 874 per sqft, in line with what one-beds in Al Falak Residence were fetching at the time (AED 879). 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. 509's AED 45,000 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 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 | |
| 503 | 1-bed | 651 sqft | AED 550KAED 550,000 · Jun 2025June 2025 | 42,900 /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 | ||
| 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 |
509, Al Falak Residence in numbers
- Sold once: by Al Falak Residenceo on 20 March 2018 for AED 602,875, or AED 874 per sqft.
- Rented since April 2022 on 5 Ejari contracts, from AED 30,000 to AED 45,000 a year.
- At AED 45,000 a year the gross yield on the 2018 price is 7.5%, before a service charge of about AED 8,100 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 10 March 2025.
Questions about 509, Al Falak Residence
What did unit 509 last sell for?
AED 602,875 on 20 March 2018, sold by the developer: AED 874 per sqft for 690 sqft. It is the only registered sale of the unit.
What is the rent for unit 509?
AED 45,000 a year on the contract signed on 10 March 2025. The previous contract, from December 2024, was AED 35,000; the unit has been rented since April 2022.
How big is unit 509?
690 sqft (64.1 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2015.
What is unit 509 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 509, Al Falak Residence
Starts from the last sale price (AED 603K, 20 March 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 602,875
- Deposit, UAE resident (20%)
- AED 120,575
- Deposit, non-resident (40%)
- AED 241,150
- Monthly over 25 years at 3.7%
- AED 2,467
Plus AED 30,331 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →