Al Falak Residences

Estimated Date of Completion
Dec 2017



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Available Units:
# Type Property Type No. of Bedrooms Size (sqft) Total Price (AED)
1 Residential Apartment 2 1313 1,089,953
Project Overview:

Al Falak Residences: is conveniently located in Dubai silicon Oasis, overlooking the academic city and next to the new community retail center. Being located close to one of the entrances of DSO, the building has a quick in-out access to Al-Ain Road, Shk Mohd Bin Zayed Road and Emirates Road.

Under Development by Muhammad Nasser Falak, who also developed the largest commercial building in Dubai Silicon Oasis; SIT tower has been ready and fully occupied since over 5 years. Al Falak Residences is nearing completion with the developer funding the construction with his own personal funds.

Introducing Al Falak Residences..

Units of Al Falak Residences have views of Souq, Garden, Pool and community. It has G+8 Floors with 96 units comprising 64 – One Bedrooms & 32 – Two Bedrooms facilitated with central A/C and Heating, Swimming Pool, Gym, Security, Parking, Kids play area & BBQ area. 

PROJECT KEY FEATURES 

  • Handover in Q2 2017
  • 10% on booking and 75% on handover
  • Expected rental yield 10% 
  • Financing available 
  • Excellent location 
  • High demand from students in Academic City 
  • Swimming Pool & Gym
  • Kids Play Area
  • Neighbour to Souq Extra​

 

PROJECT DETAILS

  • Land Number        1188
  • Project Number        1657
  • Developer Number    1078
  • Trust Account Number    001917744090
  • Account Trustee Name    EMIRATES ISLAMIC BANK
  • Service Charge Approx.    10.Aed sqft
  • Rera Permit No        8127

Floor Plans:

 

Location Map

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