2016, Skyhills Residences - 1
Sold prices and rental history: sold once, by the developer in August 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 2016, Skyhills Residences - 1
What is 2016 worth today?
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Source: Dubai Land Department. Updated 2 August 2024.
Key facts
- Type
- Studio apartment
- Size
- 463 sqft
- Floor
- 20th of 40
- Parking
- 1
- Last sold
- AED 736K · August 2024
- Building
- Skyhills Residences - 1
About 2016, Skyhills Residences - 1
2016 is a studio of 463 sqft on the 20th floor of Skyhills Residences - 1, a 40-storey tower in Dubai Science Park (Dubiotech). The developer sold it on 2 August 2024 for AED 735,777, or AED 1,590 per sqft, in line with the AED 1,553 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 2016 over time
2016 has sold once; the dashed line is the studio median of each year in the building.
Studios in Skyhills Residences - 1, and where 2016 sits
All 207 studios →2016 last sold in August 2024 at AED 1,590 per sqft, in line with what studios in Skyhills Residences - 1 were fetching at the time (AED 1,553). 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 20th floor
All 617 units in Skyhills Residences - 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 1-bed | 958 sqft | AED 1.29MAED 1,293,777 · Apr 2024April 2024 | ||
| 2002 | Studio | 451 sqft | AED 702KAED 702,441 · Jun 2024June 2024 | ||
| 2003 | 1-bed | 710 sqft | AED 1.04MAED 1,038,581 · Apr 2024April 2024 | 59,669 /yr | |
| 2004 | 2-bed | 1,000 sqft | AED 1.69MAED 1,688,777 · Jun 2024June 2024 | ||
| 2005 | 2-bed | 1,298 sqft | AED 1.73MAED 1,730,777 · Oct 2024October 2024 | ||
| 2006 | Studio | 633 sqft | AED 655KAED 655,000 · May 2016May 2016 | ||
| 2007 | 1-bed | 653 sqft | AED 969KAED 968,777 · Jun 2024June 2024 | ||
| 2008 | 1-bed | 661 sqft | AED 981KAED 980,777 · Aug 2024August 2024 | ||
| 2009 | 2-bed | 1,035 sqft | AED 1.6MAED 1,600,000 · Feb 2026February 2026 | ||
| 2010 | 1-bed | 1,166 sqft | AED 1.15MAED 1,145,000 · Apr 2016April 2016 | ||
| 2011 | Studio | 454 sqft | AED 720KAED 720,000 · May 2026May 2026 | ||
| 2012 | Studio | 573 sqft | AED 795KAED 794,777 · Jun 2024June 2024 | ||
| 2013 | 1-bed | 611 sqft | AED 961KAED 960,777 · Aug 2024August 2024 | ||
| 2014 | Studio | 478 sqft | AED 760KAED 759,777 · May 2024May 2024 | ||
| 2015 | 1-bed | 675 sqft | AED 1.02MAED 1,018,777 · Jun 2024June 2024 | ||
| 2017 | 1-bed | 957 sqft | AED 1.29MAED 1,292,777 · Aug 2024August 2024 |
2016, Skyhills Residences - 1 in numbers
- Sold once: by the developer on 2 August 2024 for AED 735,777, or AED 1,590 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 2 August 2024.
Questions about 2016, Skyhills Residences - 1
What did unit 2016 last sell for?
AED 735,777 on 2 August 2024, sold by the developer: AED 1,590 per sqft for 463 sqft. It is the only registered sale of the unit.
How big is unit 2016?
463 sqft (43.0 sqm): a studio on the 20th floor of a 40-storey tower.
What is unit 2016 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.
Selling 2016? Put it on the OpenOffers board
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Mortgage on 2016, Skyhills Residences - 1
Starts from the last sale price (AED 736K, 2 August 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 →