2516, Skyhills Residences - 1
Sold prices and rental history: sold once, by the developer in September 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 2516, Skyhills Residences - 1
What is 2516 worth today?
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Source: Dubai Land Department. Updated 3 September 2024.
Key facts
- Type
- Studio apartment
- Size
- 449 sqft
- Floor
- 25th of 40
- Parking
- 1
- Last sold
- AED 811K · September 2024
- Building
- Skyhills Residences - 1
About 2516, Skyhills Residences - 1
2516 is a studio of 449 sqft on the 25th floor of Skyhills Residences - 1, a 40-storey tower in Dubai Science Park (Dubiotech). The developer sold it on 3 September 2024 for AED 810,777, or AED 1,804 per sqft, 16% above the AED 1,558 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 2516 over time
2516 has sold once; the dashed line is the studio median of each year in the building.
Studios in Skyhills Residences - 1, and where 2516 sits
All 207 studios →2516 last sold in September 2024 at AED 1,804 per sqft, 16% above what studios in Skyhills Residences - 1 were fetching at the time (AED 1,558). 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 25th floor
All 617 units in Skyhills Residences - 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2501 | 1-bed | 957 sqft | AED 1.37MAED 1,374,777 · Jun 2024June 2024 | ||
| 2502 | Studio | 464 sqft | AED 756KAED 755,777 · Nov 2024November 2024 | ||
| 2503 | 1-bed | 725 sqft | AED 1.15MAED 1,146,777 · Aug 2025August 2025 | ||
| 2504 | 2-bed | 1,024 sqft | AED 1.73MAED 1,734,381 · May 2024May 2024 | ||
| 2505 | 2-bed | 1,287 sqft | AED 1.7MAED 1,702,777 · Apr 2024April 2024 | 120,000 /yr | |
| 2506 | 2-bed | 1,023 sqft | AED 1.43MAED 1,434,501 · Apr 2024April 2024 | ||
| 2507 | 1-bed | 664 sqft | AED 990KAED 989,581 · Jun 2024June 2024 | ||
| 2508 | 1-bed | 672 sqft | AED 971KAED 970,688 · Jun 2024June 2024 | ||
| 2509 | 2-bed | 1,053 sqft | AED 1.51MAED 1,505,777 · Mar 2025March 2025 | ||
| 2510 | Studio | 465 sqft | AED 711KAED 711,261 · Jul 2024July 2024 | ||
| 2511 | Studio | 457 sqft | AED 711KAED 710,777 · Aug 2025August 2025 | ||
| 2512 | 1-bed | 1,015 sqft | AED 1.12MAED 1,122,545 · May 2016May 2016 | ||
| 2513 | 1-bed | 610 sqft | AED 983KAED 982,777 · Mar 2025March 2025 | ||
| 2514 | Studio | 454 sqft | AED 739KAED 738,777 · Jun 2024June 2024 | ||
| 2515 | 1-bed | 661 sqft | AED 1.02MAED 1,021,777 · Aug 2024August 2024 | ||
| 2517 | 1-bed | 958 sqft | AED 1.3MAED 1,303,181 · May 2024May 2024 | 86,000 /yr |
2516, Skyhills Residences - 1 in numbers
- Sold once: by the developer on 3 September 2024 for AED 810,777, or AED 1,804 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 3 September 2024.
Questions about 2516, Skyhills Residences - 1
What did unit 2516 last sell for?
AED 810,777 on 3 September 2024, sold by the developer: AED 1,804 per sqft for 449 sqft. It is the only registered sale of the unit.
How big is unit 2516?
449 sqft (41.7 sqm): a studio on the 25th floor of a 40-storey tower.
What is unit 2516 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 2516, Skyhills Residences - 1
Starts from the last sale price (AED 811K, 3 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 810,777
- Deposit, UAE resident (20%)
- AED 162,155
- Deposit, non-resident (40%)
- AED 324,311
- Monthly over 25 years at 3.7%
- AED 3,317
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →