1516, Skyhills Residences - 1
Sold prices and rental history: sold once, by the developer in May 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1516, Skyhills Residences - 1
What is 1516 worth today?
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Source: Dubai Land Department. Updated 26 May 2024.
Key facts
- Type
- Studio apartment
- Size
- 471 sqft
- Floor
- 15th of 40
- Parking
- 1
- Last sold
- AED 736K · May 2024
- Building
- Skyhills Residences - 1
About 1516, Skyhills Residences - 1
1516 is a studio of 471 sqft on the 15th floor of Skyhills Residences - 1, a 40-storey tower in Dubai Science Park (Dubiotech). The developer sold it on 26 May 2024 for AED 735,777, or AED 1,561 per sqft, in line with the AED 1,543 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1516 over time
1516 has sold once; the dashed line is the studio median of each year in the building.
Studios in Skyhills Residences - 1, and where 1516 sits
All 207 studios →1516 last sold in May 2024 at AED 1,561 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.
| 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 15th floor
All 617 units in Skyhills Residences - 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 971 sqft | AED 1.19MAED 1,192,982 · Jun 2024June 2024 | ||
| 1502 | Studio | 455 sqft | AED 710KAED 709,777 · Jul 2024July 2024 | ||
| 1503 | 1-bed | 1,092 sqft | AED 1.18MAED 1,175,000 · Feb 2021February 2021 | ||
| 1504 | 2-bed | 1,004 sqft | AED 1.67MAED 1,666,777 · Jun 2024June 2024 | ||
| 1505 | 2-bed | 1,324 sqft | AED 1.68MAED 1,675,777 · Aug 2024August 2024 | ||
| 1506 | 2-bed | 1,054 sqft | AED 1.55MAED 1,553,081 · Jul 2025July 2025 | ||
| 1507 | 1-bed | 672 sqft | AED 977KAED 976,777 · May 2024May 2024 | ||
| 1508 | 1-bed | 664 sqft | AED 895KAED 894,777 · Dec 2024December 2024 | ||
| 1509 | 2-bed | 1,022 sqft | AED 1.4MAED 1,400,000 · Jul 2025July 2025 | ||
| 1510 | Studio | 587 sqft | AED 605KAED 605,000 · Apr 2016April 2016 | ||
| 1511 | Studio | 446 sqft | AED 666KAED 665,777 · Jun 2024June 2024 | ||
| 1512 | Studio | 573 sqft | AED 860KAED 859,777 · Sep 2025September 2025 | ||
| 1513 | 1-bed | 610 sqft | AED 944KAED 943,777 · Feb 2025February 2025 | ||
| 1514 | Studio | 489 sqft | AED 764KAED 763,777 · May 2024May 2024 | 53,000 /yr | |
| 1515 | 1-bed | 694 sqft | AED 1.01MAED 1,013,777 · Mar 2025March 2025 | ||
| 1517 | 1-bed | 964 sqft | AED 1.25MAED 1,248,301 · May 2024May 2024 |
1516, Skyhills Residences - 1 in numbers
- Sold once: by the developer on 26 May 2024 for AED 735,777, or AED 1,561 per sqft.
- 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 26 May 2024.
Questions about 1516, Skyhills Residences - 1
What did unit 1516 last sell for?
AED 735,777 on 26 May 2024, sold by the developer: AED 1,561 per sqft for 471 sqft. It is the only registered sale of the unit.
How big is unit 1516?
471 sqft (43.8 sqm): a studio on the 15th floor of a 40-storey tower.
What is unit 1516 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 1516, Skyhills Residences - 1
Starts from the last sale price (AED 736K, 26 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 735,777
- Deposit, UAE resident (20%)
- AED 147,155
- Deposit, non-resident (40%)
- AED 294,311
- Monthly over 25 years at 3.7%
- AED 3,010
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →