Falcon Tower, Business Bay
Falcon Tower is a 41-storey residential tower in Business Bay, standing directly alongside Sheikh Zayed Road and completed in 2005. It is widely cited as the only freehold building on that stretch of Sheikh Zayed Road, holding a mix of one, two and three-bedroom freehold apartments, and Royale Stays manages the setup, pricing and guest side of listing a unit here for a fee starting from 15%.
Storeys
41
Completed
2005
Unit types
1, 2 and 3-bedroom apartments
Ownership
Freehold
Location
Sheikh Zayed Road, Business Bay
About the Building
Falcon Tower rises 162 metres above Sheikh Zayed Road on the Business Bay side, one of the area's older established residential towers, having broken ground in 2003 and completed in 2005, per Bayut's building profile. Its position directly on Sheikh Zayed Road, rather than set back inside Business Bay's canal-front cluster, is what most local listings point to as its defining feature: it is commonly described as the only freehold residential building on that stretch of the road.
The tower holds 41 storeys, confirmed directly against Bayut's building page, keeping it distinct from the newer canal-facing towers most Business Bay guides cover. The original developer is not reliably documented across independent sources, so this guide does not credit one rather than guess.
Location & Nearby Landmarks
Falcon Tower sits at the Sheikh Zayed Road edge of Business Bay, within easy reach of Business Bay Metro Station on foot. From here, Burj Khalifa, The Dubai Mall, Souk Al Bahar and Dubai Opera are all a short drive away, and Dubai International Airport is roughly 15 minutes by car.
Business Bay is home to several other buildings Royale Stays manages directly, including Executive Tower A, Zada Tower and Marquise Square Tower, each with its own layout and rental profile.
Unit Types
Falcon Tower's apartments range from one to three bedrooms, with reported unit sizes running from roughly 946 to 2,366 square feet, per Bayut's floor plan listings and a cross-check against 1newhomes-style portal data. Layouts favour space over density compared with some of Business Bay's newer, smaller-footprint towers, which tends to suit owners targeting longer average stays.
Amenities
Residents have access to a swimming pool, a gymnasium, high-speed elevators, and round-the-clock security with CCTV coverage, plus visitor and reserved parking, consistent across Property Finder and Bayut's building profiles.
Transportation & Access
Falcon Tower's Sheikh Zayed Road frontage gives it direct access to Dubai's main arterial route, with Business Bay Metro Station within an easy walk and onward links across the wider city. The location favours guests who want fast access to both Downtown Dubai and DIFC without paying Downtown's premium.
Rental & Price Trends
Reliable, current resale and rental pricing specific to Falcon Tower was not independently verified during this research pass. Business Bay as a whole remains one of Dubai's most actively traded freehold submarkets, and owners weighing a specific unit's numbers can run their own scenario through Royale Stays' ROI calculator.
Airbnb / Short-Term Rental Income Potential
Business Bay is an established, actively-booked short-term rental submarket in Dubai, and Falcon Tower's freehold status carries no confirmed prohibition on holiday-home letting, unlike Vida-branded buildings, which are the only confirmed exception under Royale Stays' permit policy. Royale Stays' Airbnb management services cover furnishing, photography, dynamic pricing, guest communications, check-in and maintenance coordination, all handled from a management fee starting at 15%.
Owners considering a Falcon Tower apartment for short-term letting can get a free property assessment by submitting their property directly. Because Falcon Tower is a standard freehold residential building, holiday-home permitting follows the normal Dubai Department of Economy and Tourism route: see Royale Stays' holiday home permit guide for the full process.
Income context reviewed by Chris Veinbaums, DTCM-licensed operator.
Questions