1016, Skyhills Residences - 1
Sold prices and rental history: sold once, by the developer in April 2024, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1016, Skyhills Residences - 1
What is 1016 worth today?
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Source: Dubai Land Department. Updated 11 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 446 sqft
- Floor
- 10th of 40
- Parking
- 1
- Last sold
- AED 603K · April 2024
- Building
- Skyhills Residences - 1
About 1016, Skyhills Residences - 1
1016 is a studio of 446 sqft on the 10th floor of Skyhills Residences - 1, a 40-storey tower in Dubai Science Park (Dubiotech). The developer sold it on 23 April 2024 for AED 603,310, or AED 1,354 per sqft, 10% below the AED 1,506 studios in the building were fetching at the time.
One Ejari contract is registered, from 11 September 2026. The current contract, signed on 11 September 2026, is AED 52,000 a year: a gross yield of 8.6% on the 2024 price.
Sales and rents for 1016 over time
1016 has sold once; the dashed line is the studio median of each year in the building.
Studios in Skyhills Residences - 1, and where 1016 sits
All 207 studios →1016 last sold in April 2024 at AED 1,354 per sqft, 10% below what studios in Skyhills Residences - 1 were fetching at the time (AED 1,506). Over the last 12 months studios sold for AED 684,777 to 840,000, around AED 1,585 per sqft, and rent for AED 40,000 to 64,000 a year. 1016's AED 52,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Oct 202622 October 2026 | 454 sqft | 760,000 | 1,672 | ||
| 15 Sep 202615 September 2026 | 575 sqft | 840,000 | 1,461 | ||
| 10 Jul 202610 July 2026 | 446 sqft | 703,421 | 1,578 | ||
| 13 May 202613 May 2026 | 447 sqft | 684,777 | 1,532 |
Skyhills Residences - 1
Building617 apartments, studios to 3-bed over 40 floors in Dubai Science Park (Dubiotech). 30 sold in the last 12 months.
- Typical price per sqft
- AED 1,539 Up 2.1%
- Typical sale
- AED 1.1M
- Typical rent
- AED 70K /yr
- Typical yield
- 6.6%
Other units on the 10th floor
All 617 units in Skyhills Residences - 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 950 sqft | AED 1.08MAED 1,084,410 · Apr 2024April 2024 | ||
| 1002 | Studio | 456 sqft | AED 616KAED 616,060 · Dec 2024December 2024 | ||
| 1003 | 1-bed | 717 sqft | AED 1.07MAED 1,070,777 · Apr 2025April 2025 | ||
| 1004 | 2-bed | 1,013 sqft | AED 1.61MAED 1,608,941 · Apr 2024April 2024 | ||
| 1005 | 2-bed | 1,312 sqft | AED 1.58MAED 1,577,581 · Apr 2024April 2024 | ||
| 1006 | 2-bed | 1,036 sqft | AED 1.23MAED 1,228,060 · Apr 2024April 2024 | ||
| 1007 | 1-bed | 661 sqft | AED 806KAED 805,610 · Apr 2024April 2024 | ||
| 1008 | 1-bed | 653 sqft | AED 795KAED 795,410 · Apr 2024April 2024 | ||
| 1009 | 2-bed | 1,011 sqft | AED 1.2MAED 1,199,160 · Apr 2024April 2024 | ||
| 1010 | Studio | 446 sqft | AED 680KAED 679,777 · Jun 2024June 2024 | ||
| 1011 | Studio | 449 sqft | AED 708KAED 708,321 · Mar 2025March 2025 | ||
| 1012 | Studio | 573 sqft | AED 755KAED 754,777 · Aug 2024August 2024 | 48,000 /yr | |
| 1013 | 1-bed | 611 sqft | AED 922KAED 921,777 · Jun 2024June 2024 | ||
| 1014 | Studio | 466 sqft | AED 630KAED 629,660 · Apr 2024April 2024 | 50,000 /yr | |
| 1015 | 1-bed | 665 sqft | AED 962KAED 961,777 · Jun 2024June 2024 | ||
| 1017 | 1-bed | 777 sqft | AED 976KAED 975,908 · Apr 2024April 2024 | 79,000 /yr |
1016, Skyhills Residences - 1 in numbers
- Sold once: by the developer on 23 April 2024 for AED 603,310, or AED 1,354 per sqft.
- Rented since September 2026 on one Ejari contract, at AED 52,000 a year.
- At AED 52,000 a year the gross yield on the 2024 price is 8.6%.
- Studios in Skyhills Residences - 1 sold for AED 684,777–840,000 in the 12 months to November 2026; the building's median across all types is AED 1,539 per sqft.
Source: Dubai Land Department. Updated 11 September 2026.
Questions about 1016, Skyhills Residences - 1
What did unit 1016 last sell for?
AED 603,310 on 23 April 2024, sold by the developer: AED 1,354 per sqft for 446 sqft. It is the only registered sale of the unit.
What is the rent for unit 1016?
AED 52,000 a year on the contract signed on 11 September 2026.
How big is unit 1016?
446 sqft (41.4 sqm): a studio on the 10th floor of a 40-storey tower.
What is unit 1016 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Skyhills Residences - 1 sold for AED 684,777 to 840,000 in the last 12 months, around AED 1,585 per sqft.
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Mortgage on 1016, Skyhills Residences - 1
Starts from the last sale price (AED 603K, 23 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 603,310
- Deposit, UAE resident (20%)
- AED 120,662
- Deposit, non-resident (40%)
- AED 241,324
- Monthly over 25 years at 3.7%
- AED 2,468
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →