Studio · 573 sqftSkyhills Residences - 1, Dubai Science Park (Dubiotech) · 16th floor

1612, Skyhills Residences - 1

Sold prices and rental history: sold twice, last in February 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1612 · DLD and Ejari recordsUpdated 6 February 2025
Last soldAED 863K6 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1612, Skyhills Residences - 1

What is 1612 worth today?

Last sold for AED 862,777 in 2025

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6 Feb 2025SoldOff-plan
AED 862,777AED 1,505 per sqft
21 Mar 2016Sold by developerOff-plan
AED 898,000AED 994 per sqft

Source: Dubai Land Department. Updated 6 February 2025.

Key facts

Type
Studio apartment
Size
573 sqft
Floor
16th of 40
Parking
1
Last sold
AED 863K · February 2025

About 1612, Skyhills Residences - 1

1612 is a studio of 573 sqft on the 16th floor of Skyhills Residences - 1, a 40-storey tower in Dubai Science Park (Dubiotech). It last sold on 6 February 2025 for AED 862,777, or AED 1,505 per sqft, 4% below the AED 1,566 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1612 over time

Sales
Unit 1612, each saleTypical studio in Skyhills Residences - 1
800K1M2016201920222025Typical sale price by year: 2016 AED 1,020,000; 2018 AED 1,035,000; 2024 AED 732,777; 2025 AED 750,389; 2026 AED 750,000Sold by developer, March 2016: AED 898,000 (AED 994 per sqft)Sold, February 2025: AED 862,777 (AED 1,505 per sqft)

1612 has sold twice; the dashed line is the studio median of each year in the building.

Studios in Skyhills Residences - 1, and where 1612 sits

All 207 studios →

1612 last sold in February 2025 at AED 1,505 per sqft, 4% below what studios in Skyhills Residences - 1 were fetching at the time (AED 1,566). 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 salesUnit no.Price (AED)Summary
22 Oct 2026760,000
15 Sep 2026840,000
10 Jul 2026703,421
13 May 2026684,777
9 studio sales in the last 12 months

Skyhills Residences - 1

Building

617 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%
Skyhills Residences - 1, Dubai Science Park (Dubiotech): prices, sales and rents →

Other units on the 16th floor

All 617 units in Skyhills Residences - 1
Value
16011-bedAED 1M · Oct 2025
1602StudioAED 553K · Jun 2025
16031-bedAED 1.08M · Sep 2025
16042-bedAED 1.86M · Oct 2024
16052-bedAED 1.86M · Oct 2024
16062-bedAED 1.56M · Sep 2024
16071-bedAED 969K · Jun 2024
1–7 of 15

1612, Skyhills Residences - 1 in numbers

  • Sold twice: first on 21 March 2016 for AED 898,000, last on 6 February 2025 for AED 862,777 (AED 1,505 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 6 February 2025.

Questions about 1612, Skyhills Residences - 1

What did unit 1612 last sell for?

AED 862,777 on 6 February 2025: AED 1,505 per sqft for 573 sqft. The unit has 2 registered sales; the first was AED 898,000 in March 2016.

How big is unit 1612?

573 sqft (53.2 sqm): a studio on the 16th floor of a 40-storey tower.

What is unit 1612 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 1612, Skyhills Residences - 1

Starts from the last sale price (AED 863K, 6 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 862,777
Deposit, UAE resident (20%)
AED 172,555
Deposit, non-resident (40%)
AED 345,111
Monthly over 25 years at 3.7%
AED 3,530

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