705, Al Falak Residence
Sold prices and rental history: sold once, by the developer in February 2018, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 705, Al Falak Residence
What is 705 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 1 May 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 650 sqft
- Floor
- 7th of 8
- Parking
- G-88
- Developer
- Al Falak Residenceo
- Completed
- 2015
- Service charge
- AED 7,600 /yr
- Last sold
- AED 540K · February 2018
- Building
- Al Falak Residence
About 705, Al Falak Residence
705 is a one-bedroom apartment of 650 sqft on the 7th 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 1 February 2018 for AED 540,000, or AED 830 per sqft, 8% below the AED 905 one-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 1 May 2025, is AED 49,000 a year: a gross yield of 9.1% on the 2018 price, before the service charge of about AED 7,600 a year.
Sales and rents for 705 over time
705 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 705 sits
All 62 1-beds →705 last sold in February 2018 at AED 830 per sqft, 8% below what one-beds in Al Falak Residence were fetching at the time (AED 905). 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. 705's AED 49,000 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 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 | |
| 704 | 1-bed | 611 sqft | AED 515KAED 515,000 · Jun 2025June 2025 | 50,035 /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 |
705, Al Falak Residence in numbers
- Sold once: by Al Falak Residenceo on 1 February 2018 for AED 540,000, or AED 830 per sqft.
- Rented since March 2021 on 3 Ejari contracts, from AED 30,000 to AED 49,000 a year.
- At AED 49,000 a year the gross yield on the 2018 price is 9.1%, 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 1 May 2025.
Questions about 705, Al Falak Residence
What did unit 705 last sell for?
AED 540,000 on 1 February 2018, sold by the developer: AED 830 per sqft for 650 sqft. It is the only registered sale of the unit.
What is the rent for unit 705?
AED 49,000 a year on the contract renewed on 1 May 2025. The previous contract, from May 2024, was AED 47,000; the unit has been rented since March 2021.
How big is unit 705?
650 sqft (60.4 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2015.
What is unit 705 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 705? 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 705, Al Falak Residence
Starts from the last sale price (AED 540K, 1 February 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 540,000
- Deposit, UAE resident (20%)
- AED 108,000
- Deposit, non-resident (40%)
- AED 216,000
- Monthly over 25 years at 3.7%
- AED 2,209
Plus AED 27,690 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →