Studio · 455 sqftSkyview Tower, Dubai Marina · 11th floor · completed 2011

1108, Skyview Tower

Sold prices and rental history: sold once, by the developer in June 2010, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1108 · DLD and Ejari recordsUpdated 10 October 2022
Last soldAED 478K20 June 2010
Current rentAED 60K /yr10 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1108, Skyview Tower

What is 1108 worth today?

Last sold for AED 478,000 in 2010

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10 Oct 2022RentedNew contract
AED 60,000/yr12 months · AED 133 per sqft
10 Oct 2021RentedNew contract
AED 38,000/yr12 months · AED 84 per sqft
1 Sep 2020RentedNew contract
AED 35,000/yr12 months · AED 77 per sqft
22 Apr 2019RentedNew contract
AED 46,000/yr12 months · AED 102 per sqft
20 Jun 2010Sold by developerOff-plan
AED 478,000AED 1,051 per sqft

Source: Dubai Land Department. Updated 10 October 2022.

Key facts

Type
Studio apartment
Size
455 sqft
Floor
11th of 31
Parking
P4-28
Developer
Halcon Real Estate Development
Completed
2011
Service charge
AED 9,900 /yr
Last sold
AED 478K · June 2010

About 1108, Skyview Tower

1108 is a studio of 455 sqft on the 11th floor of Skyview Tower, a 31-storey tower in Dubai Marina completed in 2011 by Halcon Real Estate Development. The developer sold it on 20 June 2010 for AED 478,000, or AED 1,051 per sqft, 11% below the AED 1,176 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 10 October 2022, is AED 60,000 a year: a gross yield of 12.6% on the 2010 price, before the service charge of about AED 9,900 a year.

Sales and rents for 1108 over time

Sales
Unit 1108, each saleTypical studio in Skyview Tower
500K750K1M2010201420182022Typical 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, June 2010: AED 478,000 (AED 1,051 per sqft)

1108 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1108, 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, April 2019: AED 46,000 a yearNew contract, September 2020: AED 35,000 a yearNew contract, October 2021: AED 38,000 a yearNew contract, October 2022: AED 60,000 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 1108 sits

All 40 studios →

1108 last sold in June 2010 at AED 1,051 per sqft, 11% below what studios in Skyview Tower were fetching at the time (AED 1,176). 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. 1108's AED 60,000 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 11th floor

All 189 units in Skyview Tower
Value
11011-bedAED 1.08M · Jul 2013
11021-bedAED 1.26M · Dec 2013
11031-bedAED 1.09M · Jun 2010
11041-bedAED 1.5M · Mar 2026
11051-bedAED 680K · Mar 2011
11061-bedAED 1.02M · Nov 2018
11071-bedAED 1.18M · Dec 2016
1–7 of 10

1108, Skyview Tower in numbers

  • Sold once: by Halcon Real Estate Development on 20 June 2010 for AED 478,000, or AED 1,051 per sqft.
  • Rented since April 2019 on 4 Ejari contracts. The rent fell from AED 46,000 to AED 35,000 in 2020 and recovered to AED 60,000 by October 2022.
  • At AED 60,000 a year the gross yield on the 2010 price is 12.6%, before a service charge of about AED 9,900 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 10 October 2022.

Questions about 1108, Skyview Tower

What did unit 1108 last sell for?

AED 478,000 on 20 June 2010, sold by the developer: AED 1,051 per sqft for 455 sqft. It is the only registered sale of the unit.

What is the rent for unit 1108?

AED 60,000 a year on the contract signed on 10 October 2022. The previous contract, from October 2021, was AED 38,000; the unit has been rented since April 2019.

How big is unit 1108?

455 sqft (42.3 sqm): a studio on the 11th floor of a 31-storey tower completed in 2011.

What is unit 1108 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 1108, Skyview Tower

Starts from the last sale price (AED 478K, 20 June 2010). Switch to today's estimate once you have unlocked it.
Price
AED 478,000
Deposit, UAE resident (20%)
AED 95,600
Deposit, non-resident (40%)
AED 191,200
Monthly over 25 years at 3.7%
AED 1,956

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