704, Al Falak Residence
Sold prices and rental history: sold twice, last in June 2025, 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 704, Al Falak Residence
What is 704 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 19 June 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 611 sqft
- Floor
- 7th of 8
- Parking
- G-87
- Developer
- Al Falak Residenceo
- Completed
- 2015
- Service charge
- AED 7,200 /yr
- Last sold
- AED 515K · June 2025
- Building
- Al Falak Residence
About 704, Al Falak Residence
704 is a one-bedroom apartment of 611 sqft on the 7th floor of Al Falak Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2015 by Al Falak Residenceo. It last sold on 18 June 2025 for AED 515,000, or AED 842 per sqft, in line with the AED 843 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 19 June 2025, is AED 50,035 a year: a gross yield of 9.7% on the 2025 price, before the service charge of about AED 7,200 a year.
Sales and rents for 704 over time
704 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 704 sits
All 62 1-beds →704 last sold in June 2025 at AED 842 per sqft, in line with what one-beds in Al Falak Residence were fetching at the time (AED 843). 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. 704's AED 50,035 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 | ||
| 16 Jun 202516 June 2025 | 611 sqft | 525,000 | 858 | ||
| 16 Jun 202516 June 2025 | 651 sqft | 550,000 | 844 |
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 7th floor
All 95 units in Al Falak Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,809 sqft | AED 1.3MAED 1,300,000 · Mar 2018March 2018 | 83,000 /yr | |
| 702 | 1-bed | 691 sqft | AED 555KAED 555,000 · Apr 2018April 2018 | ||
| 703 | 2-bed | 1,768 sqft | AED 830KAED 830,000 · Oct 2024October 2024 | 50,000 /yr | |
| 705 | 1-bed | 650 sqft | AED 540KAED 540,000 · Feb 2018February 2018 | 49,000 /yr | |
| 706 | 2-bed | 1,110 sqft | AED 660KAED 660,000 · Sep 2023September 2023 | 46,154 /yr | |
| 707 | 1-bed | 695 sqft | AED 545KAED 545,000 · May 2018May 2018 | 46,620 /yr | |
| 708 | 2-bed | 1,075 sqft | AED 750KAED 750,000 · Dec 2019December 2019 | 76,406 /yr | |
| 709 | 1-bed | 650 sqft | AED 530KAED 530,000 · Jan 2018January 2018 | 34,000 /yr | |
| 710 | 1-bed | 611 sqft | AED 523KAED 523,000 · Apr 2018April 2018 | 40,000 /yr |
704, Al Falak Residence in numbers
- Sold twice: first on 22 April 2018 for AED 525,000, last on 18 June 2025 for AED 515,000 (AED 842 per sqft).
- Rented since February 2018 on 6 Ejari contracts. The rent fell from AED 48,000 to AED 32,000 in 2020 and recovered to AED 50,035 by June 2025.
- At AED 50,035 a year the gross yield on the 2025 price is 9.7%, before a service charge of about AED 7,200 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 19 June 2025.
Questions about 704, Al Falak Residence
What did unit 704 last sell for?
AED 515,000 on 18 June 2025: AED 842 per sqft for 611 sqft. The unit has 2 registered sales; the first was AED 525,000 in April 2018.
What is the rent for unit 704?
AED 50,035 a year on the contract signed on 19 June 2025. The previous contract, from May 2025, was AED 46,000; the unit has been rented since February 2018.
How big is unit 704?
611 sqft (56.8 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2015.
What is unit 704 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 704, Al Falak Residence
Starts from the last sale price (AED 515K, 18 June 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 515,000
- Deposit, UAE resident (20%)
- AED 103,000
- Deposit, non-resident (40%)
- AED 206,000
- Monthly over 25 years at 3.7%
- AED 2,107
Plus AED 26,640 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →