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Community in Dubai, DLD district Wadi Al Safa 2

Falcon City

Falcon City is mid-priced for Dubai: homes sold for a median AED 1,595 per sqft over the past year, against AED 1,733 for Dubai as a whole. It is a smaller market, with 467 sales in 12 months, 94% of them off-plan. 135 leases were registered with Ejari in the past year. About 743 new homes are due to finish here in the next two years.

Price per sqft, past year
AED 1,595
Sales, past year
467
94% off-plan
Net yield, apartments
4.1%
6.8% gross

Prices and rents by bedrooms in Falcon City

HomeTypical priceSizeRent a yearGross yield
StudioAED 867K452 sqft——
1 bedroomAED 1.33M913 sqft——
2 bedroomsAED 1.82M1,192 sqft——
3 bedroomsAED 2.71M1,713 sqft——

Buildings with the most sales in Falcon City

  • Sakura Gardens By HreAED 1,610 per sqftUnder construction, 4% built, 221 sales
  • Belgravia GardensAED 1,598 per sqftUnder construction, 3% built, 220 sales

Off-plan projects in Falcon City

  • Sakura Gardens By Hre4% builtHre Real Estate Development, due 2029-06
  • Belgravia Gardens3% builtEllington Karma Developers, due 2028-09

Sources: Dubai Land Department sales and Ejari rent records, aggregated by Dubai Data (CC BY 4.0) and DXBData.io. Not an official DLD product. Information, not financial advice.