Studio · 218 sqftSkyview Tower, Dubai Marina · 10th floor · completed 2011

1006, Skyview Tower

Sold prices and rental history: sold 4 times, last in January 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1006 · DLD and Ejari recordsUpdated 16 July 2024
Last soldAED 315K15 January 2024
Current rentAED 66K /yr16 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1006, Skyview Tower

What is 1006 worth today?

Last sold for AED 315,000 in 2024

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16 Jul 2024RentedRenewal
AED 66,000/yr12 months · AED 145 per sqft
16 Jul 2024RentedRenewal
AED 66,000/yr12 months · AED 145 per sqft
15 Jan 2024SoldReady
AED 315,000AED 1,442 per sqft
16 Jul 2023RentedRenewal
AED 60,000/yr12 months · AED 132 per sqft
16 Jul 2022RentedNew contract
AED 50,000/yr12 months · AED 110 per sqft
27 Dec 2020RentedNew contract
AED 38,000/yr12 months · AED 84 per sqft
20 Oct 2019RentedNew contract
AED 50,000/yr12 months · AED 110 per sqft
23 Nov 2016SoldOff-plan
AED 750,000AED 1,649 per sqft

Source: Dubai Land Department. Updated 16 July 2024.

Key facts

Type
Studio apartment
Size
218 sqft
Floor
10th of 31
Parking
P4-09
Developer
Halcon Real Estate Development
Completed
2011
Service charge
AED 4,700 /yr
Last sold
AED 315K · January 2024

About 1006, Skyview Tower

1006 is a studio of 218 sqft on the 10th floor of Skyview Tower, a 31-storey tower in Dubai Marina completed in 2011 by Halcon Real Estate Development. It last sold on 15 January 2024 for AED 315,000, or AED 1,442 per sqft, 18% below the AED 1,761 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 16 July 2024, is AED 66,000 a year: a gross yield of 20.9% on the 2024 price, before the service charge of about AED 4,700 a year.

Sales and rents for 1006 over time

Sales
Unit 1006, each saleTypical studio in Skyview Tower
500K1M2010201420182022Typical sale price by year: 2010 AED 540,000; 2011 AED 620,000; 2012 AED 442,300; 2013 AED 670,000; 2014 AED 852,500; 2016 AED 791,000; 2017 AED 800,000; 2022 AED 750,000; 2023 AED 765,000; 2024 AED 925,000Sold by developer, July 2011: AED 714,200 (AED 1,570 per sqft)Sold, November 2016: AED 750,000 (AED 1,649 per sqft)Sold, November 2016: AED 750,000 (AED 1,649 per sqft)Sold, January 2024: AED 315,000 (AED 1,442 per sqft)

1006 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1006, each contractTypical studio in Skyview Tower
40K60K2018202120242027Typical rent by year: 2018 AED 61,000; 2019 AED 50,000; 2020 AED 40,000; 2021 AED 41,700; 2022 AED 50,000; 2023 AED 60,000; 2024 AED 68,000; 2025 AED 66,000; 2026 AED 60,000New contract, October 2019: AED 50,000 a yearNew contract, December 2020: AED 38,000 a yearNew contract, July 2022: AED 50,000 a yearRenewal, July 2023: AED 60,000 a yearRenewal, July 2024: AED 66,000 a yearRenewal, July 2024: AED 66,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Skyview Tower, and where 1006 sits

All 40 studios →

1006 last sold in January 2024 at AED 1,442 per sqft, 18% below what studios in Skyview Tower were fetching at the time (AED 1,761). Over the last 12 months studios sold for AED 1,200,000, around AED 2,641 per sqft, and rent for AED 50,000 to 70,000 a year. 1006's AED 66,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
28 Jul 202631,069
10 Mar 20261,200,000
21 Jan 202619,354
21 Oct 20251,060,000
3 studio sales in the last 12 months

Skyview Tower

Building

189 apartments, studios to 7-bed over 31 floors in Dubai Marina, completed in 2011 by Halcon Real Estate Development. 18 sold in the last 12 months.

Typical price per sqft
AED 1,469 Down 0.9%
Typical sale
AED 1.91M
Typical rent
AED 105K /yr
Typical yield
7.5%
Skyview Tower, Dubai Marina: prices, sales and rents →

Other units on the 10th floor

All 189 units in Skyview Tower
Value
10012-bedAED 1.85M · Jul 2011
10021-bedAED 1.15M · Dec 2022
10032-bedAED 2.05M · Jun 2010
10042-bedAED 2.05M · Jun 2010
1005StudioAED 500K · Mar 2013
10072-bedAED 1.4M · Feb 2022

1006, Skyview Tower in numbers

  • Sold 4 times: first on 28 July 2011 for AED 714,200, last on 15 January 2024 for AED 315,000 (AED 1,442 per sqft).
  • Rented since October 2019 on 6 Ejari contracts. The rent fell from AED 50,000 to AED 38,000 in 2020 and recovered to AED 66,000 by July 2024.
  • At AED 66,000 a year the gross yield on the 2024 price is 20.9%, before a service charge of about AED 4,700 a year (AED 21.73 per sqft).
  • Studios in Skyview Tower sold for AED 1,200,000–1,200,000 in the 12 months to November 2026; the building's median across all types is AED 1,469 per sqft.

Source: Dubai Land Department. Updated 16 July 2024.

Questions about 1006, Skyview Tower

What did unit 1006 last sell for?

AED 315,000 on 15 January 2024: AED 1,442 per sqft for 218 sqft. The unit has 4 registered sales; the first was AED 714,200 in July 2011.

What is the rent for unit 1006?

AED 66,000 a year on the contract renewed on 16 July 2024. The previous contract, from July 2024, was AED 66,000; the unit has been rented since October 2019.

How big is unit 1006?

218 sqft (20.3 sqm): a studio on the 10th floor of a 31-storey tower completed in 2011.

What is unit 1006 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Skyview Tower sold for AED 1,200,000 to 1,200,000 in the last 12 months, around AED 2,641 per sqft.

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Mortgage on 1006, Skyview Tower

Starts from the last sale price (AED 315K, 15 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 315,000
Deposit, UAE resident (20%)
AED 63,000
Deposit, non-resident (40%)
AED 126,000
Monthly over 25 years at 3.7%
AED 1,289

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →