2416, Skyhills Residences - 1
Sold prices and rental history: sold once, by the developer in June 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 2416, Skyhills Residences - 1
What is 2416 worth today?
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Source: Dubai Land Department. Updated 6 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 446 sqft
- Floor
- 24th of 40
- Parking
- 1
- Last sold
- AED 707K · June 2024
- Building
- Skyhills Residences - 1
About 2416, Skyhills Residences - 1
2416 is a studio of 446 sqft on the 24th floor of Skyhills Residences - 1, a 40-storey tower in Dubai Science Park (Dubiotech). The developer sold it on 27 June 2024 for AED 707,341, or AED 1,587 per sqft, in line with the AED 1,547 studios in the building were fetching at the time.
One Ejari contract is registered, from 6 October 2026. The current contract, signed on 6 October 2026, is AED 45,000 a year: a gross yield of 6.4% on the 2024 price.
Sales and rents for 2416 over time
2416 has sold once; the dashed line is the studio median of each year in the building.
Studios in Skyhills Residences - 1, and where 2416 sits
All 207 studios →2416 last sold in June 2024 at AED 1,587 per sqft, in line with what studios in Skyhills Residences - 1 were fetching at the time (AED 1,547). 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. 2416'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 24th floor
All 617 units in Skyhills Residences - 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 1-bed | 953 sqft | AED 1.32MAED 1,315,777 · Apr 2024April 2024 | ||
| 2402 | Studio | 456 sqft | AED 738KAED 737,777 · Jul 2024July 2024 | ||
| 2403 | 1-bed | 721 sqft | AED 1.2MAED 1,200,000 · Dec 2025December 2025 | ||
| 2404 | 2-bed | 1,025 sqft | AED 1.73MAED 1,726,541 · May 2024May 2024 | ||
| 2405 | 2-bed | 1,290 sqft | AED 1.7MAED 1,696,777 · May 2024May 2024 | ||
| 2406 | 2-bed | 1,030 sqft | AED 1.62MAED 1,623,777 · Sep 2024September 2024 | ||
| 2407 | 1-bed | 672 sqft | AED 1.02MAED 1,015,777 · Jul 2024July 2024 | ||
| 2408 | 1-bed | 675 sqft | AED 1.02MAED 1,020,777 · Mar 2025March 2025 | ||
| 2409 | 2-bed | 1,743 sqft | AED 1.74MAED 1,737,000 · Apr 2016April 2016 | ||
| 2410 | Studio | 472 sqft | AED 733KAED 732,777 · Jun 2024June 2024 | ||
| 2411 | Studio | 457 sqft | AED 693KAED 692,641 · May 2024May 2024 | ||
| 2412 | Studio | 573 sqft | AED 898KAED 897,777 · Sep 2024September 2024 | 60,000 /yr | |
| 2413 | 1-bed | 610 sqft | AED 978KAED 977,777 · May 2024May 2024 | ||
| 2414 | Studio | 454 sqft | AED 760KAED 759,777 · Feb 2025February 2025 | 46,000 /yr | |
| 2415 | 1-bed | 660 sqft | AED 995KAED 995,461 · May 2024May 2024 | ||
| 2417 | 1-bed | 946 sqft | AED 1.3MAED 1,304,777 · Aug 2024August 2024 |
2416, Skyhills Residences - 1 in numbers
- Sold once: by the developer on 27 June 2024 for AED 707,341, or AED 1,587 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 6 October 2026.
Questions about 2416, Skyhills Residences - 1
What did unit 2416 last sell for?
AED 707,341 on 27 June 2024, sold by the developer: AED 1,587 per sqft for 446 sqft. It is the only registered sale of the unit.
What is the rent for unit 2416?
AED 45,000 a year on the contract signed on 6 October 2026.
How big is unit 2416?
446 sqft (41.4 sqm): a studio on the 24th floor of a 40-storey tower.
What is unit 2416 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 2416, Skyhills Residences - 1
Starts from the last sale price (AED 707K, 27 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 707,341
- Deposit, UAE resident (20%)
- AED 141,468
- Deposit, non-resident (40%)
- AED 282,936
- Monthly over 25 years at 3.7%
- AED 2,894
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →