FALAK PROPERTIES · Selling since 2009 · recent sales mostly resales
AED 768/sqft
+18.6%
AED 933,220
AED 479,399 to AED 1,650,875, from 16.2 years of this project's own history. A trend, not a forecast.
Wide range
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually registered at in Hub Canal 1 Tower — not an asking price, and not this project’s overall median, which mixes every unit size together.
A year’s rent against what that size actually sold for in Hub Canal 1 Tower over the same twelve months. Prices are this project’s own registered sales. Rents marked this building are registered new tenancies in Hub Canal 1 Tower itself; the rest are homes of the same size in Dubai Sports City, used where Ejari did not name the building.
| Size | Costs now | Rents for | Gross yield | Sales behind it |
|---|---|---|---|---|
| 1 bed | AED 702.5K | AED 60,000/yrthis building · 49 new lets | 8.5% | 16 |
What it returns after service charges
Starting from this building’s own owners-association budget for 2023 — AED 10/sqft, as filed with the Land Department. Charges have risen since then and the filing is matched to this page by name, so replace it with your own invoice if you have one. How to check it.
| Size | Charge / year | Rent after it | Gross | Net |
|---|---|---|---|---|
| 1 bed | AED 8,844 | AED 51,156 | 8.5% | 7.3% |
Still not the final number: agency commission on re-letting, and any month the home sits empty, both come out of net rent too. This subtracts the service charge only, because it is the one cost that is the same every year whether or not the home is let.
Gross yield: rent before costs. Service charges, agency commission, and any month the home sits empty all come out of it — in Dubai the service charge alone is commonly a fifth to a third of the rent, so treat these as the ceiling rather than the return.
Price vs. Dubai Sports City median
-38.3%
Priced at or below the area's real median.
Developer track record
1,724 real transactions
5 completed · 0 off-plan/in progress
Full track record →Verify before you commit
Permit, title, broker license, escrow — the free official checks.
Verification guide →Transport, schools, healthcare, and daily essentials within 3 km.
460 m
Victory Heights Primary School
551 m
Grandiose
Straight-line distances — actual walking or driving routes will be longer. Measured from the centre of Dubai Sports City — we couldn't pin this project's exact address, so treat these as area-level, not door-to-door. Places data from OpenStreetMap.