Falcon Tower

In Progress · Date not reported

Alerts: Get notified of every new DLD-registered sale and rental contract.

Falcon Tower is an in-progress apartment development in Business Bay. 196 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,502 per sqft. At AED 1,502 per sqft, Falcon Tower prices 39% below the Business Bay average of AED 2,462 per sqft on registered sales.

PIX© price · 0.0% YoY

2.85MAED

Typical

1,502AED

PSF

Gross yield

Awaiting handover

PIX© rent ÷ PIX© price

Sale records

196

DLD · all time

Rent contracts

Awaiting handover

Ejari · all time

Falcon Tower1,502AED/sqft · project-wide

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

Type	PIX© Price	PIX© PSF	PSF YoY
PIX© Core Project-Wide —	2.85M	1,502	0.0%
Residential
1 Bed · Apartment 817 – 946 sqft			—
2 Bed · Apartment 1,409 – 1,954 sqft			—
3 Bed · Apartment 2,366 – 2,432 sqft			—
Commercial
Shop 857 – 1,987 sqft			—

No rental contracts registered — the project has not handed over.

Sales — Project-Wide196 DLD records

PIX© price analysis

All time

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Floor Analysis

last 24 months

Floors	Median PSF
All floors	194 sales
Floors 1-5	30 sales
Floors 6-30	128 sales
Floors 31-39	36 sales

Median PSF · 194 sales

Floors 1-5 · 30 sales

Floors 6-30 · 128 sales

Floors 31-39 · 36 sales

Latest transactions

Date	Unit	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
30 Apr 2025	1 Bed	Floor 14	946	1,770,633	1,872	—	Premium	Standard Sale
30 Apr 2025	1 Bed	Floor 15	946	1,647,633	1,742	—	Standard	Standard Sale
30 Apr 2025	2 Bed	Floor 14	1,907	2,696,633	1,414	—	Standard	Standard Sale

Rentals — Project-Wide

PIX© rent analysis

No Ejari rental contracts. Contracts appear once handover occurs and tenancies are registered.

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

This project

Falcon Tower

Compared with

The Residence At Business Central

PIX© PSF

1,534

Rank

#20 of 31

#19 of 31

Typical price

2.89M

Yield

—

Units

—

228

Sales

196

101

Rents

—

252

Developer

—

DAMAC STAR PROPERTIES (L L C)

Handover

—

2013

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Al Habtoor City AL HABTOOR CITY REAL ESTATE DEVELOPMENT (BR. OF DUBAI NATIONAL INVESTMENT CO L.L.C) · 2022	2,923					427	1,835
	Lofts T East	—					68	172
	Residence-110	—					126	152
	Churchill Tower EMIRATES NATIONAL INVESTMENT CO (L.L.C) · 2009	1,168					415	1,802
	The Residence At Business Central DAMAC STAR PROPERTIES (L L C) · 2013	228					101	252
20	Falcon Tower	—	1,534	Subject	2.89M	—	196	—
	Avanti Tower DAMAC STAR PROPERTIES (L L C) · 2018	161					58	260
	The Atria DEYAAR DEVELOPMENT (P.J.S.C) · 2018	577					109	316
	Bay's Edge DAMAC DEVELOPMENT(L L C) · 2015	261					82	399
	Vezul Residence	—					158	249
	Ontario Tower ROSE HOMES INVESTMENT (L.L.C) · 2010	300					187	8,818

Area median 1,767 AED/sqft. Showing the closest-ranked peers of 31 ranked projects in the area. 13 area projects excluded for insufficient recorded sales. 47 excluded for trading only in the off-plan market. 28 excluded for insufficient unit-mix overlap. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Business Bay

The closest-priced registered projects in Business Bay.

The BayAED 1,501/sqft
Executive Bay BAED 1,505/sqft
West Bay TowerAED 1,513/sqft
Water's EdgeAED 1,485/sqft
The MertopolisAED 1,524/sqft
Elite Business Bay ResidenceAED 1,527/sqft

Common questions about Falcon Tower

Answered from Dubai Land Department registered transactions.

How much does a property in Falcon Tower cost?

Property in Falcon Tower sells at a current PIX© price of AED 1,502 per sqft, or about AED 2,846,025 for a typical unit, based on 196 sales registered with the Dubai Land Department.

When is Falcon Tower handing over?

Falcon Tower is under construction.

Have prices in Falcon Tower gone up or down?

Price per sqft has held flat over the last 12 months at AED 1,502, across 196 registered sales.