1216, Skyhills Residences - 1
Sold prices and rental history: sold once, by the developer in May 2024, and rented once, from October 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1216, Skyhills Residences - 1
What is 1216 worth today?
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Source: Dubai Land Department. Updated 3 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 454 sqft
- Floor
- 12th of 40
- Parking
- 1
- Last sold
- AED 699K · May 2024
- Building
- Skyhills Residences - 1
About 1216, Skyhills Residences - 1
1216 is a studio of 454 sqft on the 12th floor of Skyhills Residences - 1, a 40-storey tower in Dubai Science Park (Dubiotech). The developer sold it on 26 May 2024 for AED 698,777, or AED 1,539 per sqft, in line with the AED 1,543 studios in the building were fetching at the time.
One Ejari contract is registered, from 3 October 2026. The current contract, signed on 3 October 2026, is AED 45,000 a year: a gross yield of 6.4% on the 2024 price.
Sales and rents for 1216 over time
1216 has sold once; the dashed line is the studio median of each year in the building.
Studios in Skyhills Residences - 1, and where 1216 sits
All 207 studios →1216 last sold in May 2024 at AED 1,539 per sqft, in line with what studios in Skyhills Residences - 1 were fetching at the time (AED 1,543). 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. 1216's AED 45,000 is in the lower 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 12th floor
All 617 units in Skyhills Residences - 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 1-bed | 946 sqft | AED 1.23MAED 1,229,777 · May 2024May 2024 | ||
| 1202 | Studio | 447 sqft | AED 711KAED 710,777 · Nov 2024November 2024 | 55,000 /yr | |
| 1203 | 1-bed | 710 sqft | AED 1.01MAED 1,005,261 · Aug 2025August 2025 | ||
| 1204 | 2-bed | 1,000 sqft | AED 1.64MAED 1,638,777 · Jun 2024June 2024 | ||
| 1205 | 2-bed | 1,323 sqft | AED 1.65MAED 1,648,777 · Jun 2024June 2024 | ||
| 1206 | 2-bed | 1,053 sqft | AED 1.39MAED 1,391,381 · Aug 2024August 2024 | ||
| 1207 | 1-bed | 672 sqft | AED 964KAED 963,777 · Aug 2024August 2024 | ||
| 1208 | 1-bed | 663 sqft | AED 932KAED 931,761 · May 2024May 2024 | ||
| 1209 | 2-bed | 1,022 sqft | AED 1.38MAED 1,379,777 · May 2024May 2024 | ||
| 1210 | Studio | 438 sqft | AED 645KAED 644,777 · Feb 2025February 2025 | ||
| 1211 | Studio | 446 sqft | AED 653KAED 652,777 · May 2024May 2024 | ||
| 1212 | 1-bed | 903 sqft | AED 915KAED 915,000 · Mar 2016March 2016 | ||
| 1213 | 1-bed | 611 sqft | AED 932KAED 931,777 · Jun 2026June 2026 | ||
| 1214 | Studio | 478 sqft | AED 736KAED 735,777 · Jun 2024June 2024 | ||
| 1215 | 1-bed | 672 sqft | AED 983KAED 982,777 · May 2024May 2024 | ||
| 1217 | 1-bed | 953 sqft | AED 1.24MAED 1,239,777 · Feb 2025February 2025 |
1216, Skyhills Residences - 1 in numbers
- Sold once: by the developer on 26 May 2024 for AED 698,777, or AED 1,539 per sqft.
- Rented since October 2026 on one Ejari contract, at AED 45,000 a year.
- At AED 45,000 a year the gross yield on the 2024 price is 6.4%.
- 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 3 October 2026.
Questions about 1216, Skyhills Residences - 1
What did unit 1216 last sell for?
AED 698,777 on 26 May 2024, sold by the developer: AED 1,539 per sqft for 454 sqft. It is the only registered sale of the unit.
What is the rent for unit 1216?
AED 45,000 a year on the contract signed on 3 October 2026.
How big is unit 1216?
454 sqft (42.2 sqm): a studio on the 12th floor of a 40-storey tower.
What is unit 1216 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 1216, Skyhills Residences - 1
Starts from the last sale price (AED 699K, 26 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 698,777
- Deposit, UAE resident (20%)
- AED 139,755
- Deposit, non-resident (40%)
- AED 279,511
- Monthly over 25 years at 3.7%
- AED 2,859
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →