
3116, Skyhills Residences - 1
Sold prices and rental history: sold once, by the developer in October 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 3116, Skyhills Residences - 1
What is 3116 worth today?
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Source: Dubai Land Department. Updated 7 October 2024.
Key facts
- Type
- Studio apartment
- Size
- 453 sqft
- Floor
- 31st of 40
- Parking
- nan
- Last sold
- AED 831K · October 2024
- Building
- Skyhills Residences - 1
About 3116, Skyhills Residences - 1
3116 is a studio of 453 sqft on the 31st floor of Skyhills Residences - 1, a 40-storey tower in Dubai Science Park (Dubiotech). The developer sold it on 7 October 2024 for AED 830,777, or AED 1,832 per sqft, 17% above 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 3116 over time
3116 has sold once; the dashed line is the studio median of each year in the building.
Studios in Skyhills Residences - 1, and where 3116 sits
All 207 studios →3116 last sold in October 2024 at AED 1,832 per sqft, 17% above 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 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 31st floor
All 617 units in Skyhills Residences - 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3101 | 1-bed | 958 sqft | AED 1.33MAED 1,331,601 · Dec 2024December 2024 | 80,000 /yr | |
| 3102 | Studio | 473 sqft | AED 783KAED 782,777 · Jun 2024June 2024 | ||
| 3103 | 1-bed | 734 sqft | AED 1.14MAED 1,139,777 · Jul 2024July 2024 | 95,000 /yr | |
| 3104 | 2-bed | 1,045 sqft | AED 1.81MAED 1,814,777 · Jun 2024June 2024 | ||
| 3105 | 2-bed | 1,308 sqft | AED 1.77MAED 1,767,777 · May 2024May 2024 | ||
| 3106 | 2-bed | 1,028 sqft | AED 1.5MAED 1,497,777 · Jul 2024July 2024 | ||
| 3107 | 1-bed | 650 sqft | AED 987KAED 986,641 · May 2024May 2024 | ||
| 3108 | 1-bed | 647 sqft | AED 1MAED 1,001,777 · Apr 2024April 2024 | ||
| 3109 | 2-bed | 1,018 sqft | AED 1.53MAED 1,527,076 · Aug 2024August 2024 | ||
| 3110 | Studio | 447 sqft | AED 697KAED 696,561 · Apr 2024April 2024 | ||
| 3111 | Studio | 451 sqft | AED 716KAED 715,777 · Sep 2024September 2024 | ||
| 3112 | Studio | 573 sqft | AED 924KAED 923,777 · Mar 2025March 2025 | ||
| 3113 | 1-bed | 610 sqft | AED 978KAED 977,821 · Jun 2024June 2024 | ||
| 3114 | Studio | 462 sqft | AED 846KAED 845,777 · Oct 2024October 2024 | ||
| 3115 | 1-bed | 682 sqft | AED 1.05MAED 1,050,341 · Apr 2024April 2024 |
3116, Skyhills Residences - 1 in numbers
- Sold once: by the developer on 7 October 2024 for AED 830,777, or AED 1,832 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 7 October 2024.
Questions about 3116, Skyhills Residences - 1
What did unit 3116 last sell for?
AED 830,777 on 7 October 2024, sold by the developer: AED 1,832 per sqft for 453 sqft. It is the only registered sale of the unit.
How big is unit 3116?
453 sqft (42.1 sqm): a studio on the 31st floor of a 40-storey tower.
What is unit 3116 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 3116, Skyhills Residences - 1
Starts from the last sale price (AED 831K, 7 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 830,777
- Deposit, UAE resident (20%)
- AED 166,155
- Deposit, non-resident (40%)
- AED 332,311
- Monthly over 25 years at 3.7%
- AED 3,399
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →