AED650,000
Own this from just
2,673 AED/month1BR Investment | Vacant Soon | Al Falak, DSO
offers an excellent opportunity for both investors and end-users seeking strong
rental performance and future value appreciation.
The apartment spans 611 sq. ft. and features a well-planned layout with a bright
living area, 1 bathroom, and a private balcony. Offered unfurnished, it allows
flexibility for custom interiors or repositioning for higher rental returns.
Key Details:
* Size: 611 sq. ft.
* Building Age: 8 years
* Service Charges: AED 11.5 per sq. ft.
* Parking: 1 allocated space
Rental & Investment Highlights:
* Current Rent: AED 42,000 per annum
* Tenant: Long-term (5 years)
* Vacancy Status: Eviction notice served
* Vacant by: February 2026, offering strategic flexibility for resale, end-use,
or re-leasing at market rates
Ownership & Value Upside:
* Property not yet converted to freehold
* Freehold conversion available to the new owner for a one-time fee of AED
16,000, enhancing resale and capital growth potential
Al Falak Residence is part of the integrated Dubai Silicon Oasis community,
popular with professionals, students, and families due to its affordability and
connectivity. Residents benefit from nearby malls, schools, universities,
healthcare facilities, supermarkets, and dining options, with easy access to
Silicon Central Mall, Fakeeh University Hospital, and major road networks.
Priced at AED 650,000, this apartment represents a secure, income-generating
asset in a high-demand location.
Property details
Property Type
Apartment
Property Size
611 sqft / 57 sqm
Bedrooms
1
Bathrooms
2
Service Charges
11.74 AED per sqft
Available from
10 Feb 2026
Amenities
Unfurnished
Central A/C
Lobby in Building
Balcony
Security
View of Landmark
Location

Price Insights
Transactions for Similar Properties
1 Bed Apartment in Al Falak Residence
Sold for
| Date | AED | Area (sqft) |
|---|---|---|
| 23 Jan 2026 | 570,000 | 690 |
| 9 Dec 2025 | 582,140 | 689 |
| 16 Sep 2025 | 520,000 | 689 |
| 22 Jun 2025 | 605,000 | 651 |
| 18 Jun 2025 | 515,000 | 611 |
Rented for
| Date | AED/year | Area (sqft) |
|---|---|---|
| 7 Feb 2026 | 55,000 | 650 |
| 1 Feb 2026 | 42,630 | 651 |
| 1 Feb 2026 | 46,620 | 695 |
| 25 Jan 2026 | 42,000 | 651 |
| 20 Dec 2025 | 44,200 | 650 |
Powered byDataGuru
This property costs 22% less than the average price of 1 bedroom in Dubai Silicon Oasis
Average Sale Price is 828,793 AED
This property is 24% smaller than the average size of 1 bedroom in Dubai Silicon Oasis
Average size is 808 sqft
The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Dubai Silicon Oasis
Provided by
Response time
within 5 minutes
Experience
6 years
Closed Deals
9
Languages
English, Urdu
Get the right mortgage for you
Estimate your monthly mortgage payment
Monthly payment
2,673 AED
with interest rate of
3.75%
Regulatory information
Regulatory information
Reference
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Listed
1 month ago
Broker License
51666
Agency name
URBANITY PROPERTIES L.L.C S.O.C
Zone name
Nadd Hessa
Agent License
70154
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