1-bed · 651 sqftSkyview Tower, Dubai Marina · 5th floor · completed 2011

503, Skyview Tower

Sold prices and rental history: sold twice, last in December 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 21 December 2017
Last soldAED 1.21M21 December 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Skyview Tower

What is 503 worth today?

Last sold for AED 1,205,000 in 2017

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21 Dec 2017SoldOff-plan
AED 1,205,000AED 1,852 per sqft
29 Aug 2011Sold by developerOff-plan
AED 2,311,080AED 3,552 per sqft

Source: Dubai Land Department. Updated 21 December 2017.

Key facts

Type
1-bed apartment
Size
651 sqft
Floor
5th of 31
Parking
P1-27
Developer
Halcon Real Estate Development
Completed
2011
Service charge
AED 14,100 /yr
Last sold
AED 1.21M · December 2017

About 503, Skyview Tower

503 is a one-bedroom apartment of 651 sqft on the 5th floor of Skyview Tower, a 31-storey tower in Dubai Marina completed in 2011 by Halcon Real Estate Development. It last sold on 21 December 2017 for AED 1,205,000, or AED 1,852 per sqft, 46% above the AED 1,266 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical one-bed in Skyview Tower
1M2M2010201520202025Typical sale price by year: 2010 AED 1,015,000; 2011 AED 1,228,770; 2012 AED 893,000; 2013 AED 1,065,000; 2014 AED 1,300,000; 2015 AED 1,090,000; 2016 AED 1,150,000; 2017 AED 1,150,000; 2018 AED 985,000; 2021 AED 777,480; 2022 AED 987,500; 2023 AED 1,300,000; 2024 AED 1,230,000; 2025 AED 1,390,000; 2026 AED 1,295,000Sold by developer, August 2011: AED 2,311,080 (AED 3,552 per sqft)Sold, December 2017: AED 1,205,000 (AED 1,852 per sqft)

503 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 503, each contractTypical one-bed in Skyview Tower
60K80K100K2018202120242027Typical rent by year: 2018 AED 78,750; 2019 AED 70,000; 2020 AED 56,000; 2021 AED 60,000; 2022 AED 71,532; 2023 AED 82,110; 2024 AED 90,148; 2025 AED 91,264; 2026 AED 95,000

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

1-beds in Skyview Tower, and where 503 sits

All 66 1-beds →

503 last sold in December 2017 at AED 1,852 per sqft, 46% above what one-beds in Skyview Tower were fetching at the time (AED 1,266). Over the last 12 months one-beds sold for AED 1,150,000 to 1,500,000, around AED 1,673 per sqft, and rent for AED 70,000 to 119,502 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Jul 20261,320,000
25 Jun 20261,270,000
16 Jun 20261,150,000
11 Mar 20261,500,000
5 1-bed 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 5th floor

All 189 units in Skyview Tower
Value
5011-bedAED 700K · Sep 2017
5021-bedAED 830K · Jul 2022
5041-bedAED 1.15M · Jun 2026

503, Skyview Tower in numbers

  • Sold twice: first on 29 August 2011 for AED 2,311,080, last on 21 December 2017 for AED 1,205,000 (AED 1,852 per sqft).
  • One-beds in Skyview Tower sold for AED 1,150,000–1,500,000 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 21 December 2017.

Questions about 503, Skyview Tower

What did unit 503 last sell for?

AED 1,205,000 on 21 December 2017: AED 1,852 per sqft for 651 sqft. The unit has 2 registered sales; the first was AED 2,311,080 in August 2011.

How big is unit 503?

651 sqft (60.5 sqm): a one-bedroom apartment on the 5th floor of a 31-storey tower completed in 2011.

What is unit 503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Skyview Tower sold for AED 1,150,000 to 1,500,000 in the last 12 months, around AED 1,673 per sqft.

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Mortgage on 503, Skyview Tower

Starts from the last sale price (AED 1.21M, 21 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,205,000
Deposit, UAE resident (20%)
AED 241,000
Deposit, non-resident (40%)
AED 482,000
Monthly over 25 years at 3.7%
AED 4,930

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