Studio · 481 sqftSkyhills Residences - 1, Dubai Science Park (Dubiotech) · 3rd floor

312, Skyhills Residences - 1

Sold prices and rental history: sold once, by the developer in August 2024, and rented once, from October 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 312 · DLD and Ejari recordsUpdated 24 October 2026
Last soldAED 796K28 August 2024
Current rentAED 47K /yr24 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 312, Skyhills Residences - 1

What is 312 worth today?

Last sold for AED 795,541 in 2024

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24 Oct 2026RentedNew contract
AED 47,000/yr12 months · AED 104 per sqft
28 Aug 2024Sold by developerOff-plan
AED 795,541AED 1,652 per sqft

Source: Dubai Land Department. Updated 24 October 2026.

Key facts

Type
Studio apartment
Size
481 sqft
Floor
3rd of 40
Parking
1
Last sold
AED 796K · August 2024

About 312, Skyhills Residences - 1

312 is a studio of 481 sqft on the 3rd floor of Skyhills Residences - 1, a 40-storey tower in Dubai Science Park (Dubiotech). The developer sold it on 28 August 2024 for AED 795,541, or AED 1,652 per sqft, 7% above the AED 1,551 studios in the building were fetching at the time.

One Ejari contract is registered, from 24 October 2026. The current contract, signed on 24 October 2026, is AED 47,000 a year: a gross yield of 5.9% on the 2024 price.

Sales and rents for 312 over time

Sales
Unit 312, 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, August 2024: AED 795,541 (AED 1,652 per sqft)

312 has sold once; the dashed line is the studio median of each year in the building.

Studios in Skyhills Residences - 1, and where 312 sits

All 207 studios →

312 last sold in August 2024 at AED 1,652 per sqft, 7% above what studios in Skyhills Residences - 1 were fetching at the time (AED 1,551). 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. 312's AED 47,000 is in the lower half of that range.

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 3rd floor

All 617 units in Skyhills Residences - 1
Value
3032-bedAED 1.55M · Jun 2025
304StudioAED 779K · Mar 2025
3052-bedAED 1.59M · Apr 2025
3062-bedAED 1.28M · Jun 2024
3071-bedAED 941K · Oct 2024
3081-bedAED 930K · Jun 2024
3092-bedAED 1.31M · Jul 2024
1–7 of 13

312, Skyhills Residences - 1 in numbers

  • Sold once: by the developer on 28 August 2024 for AED 795,541, or AED 1,652 per sqft.
  • Rented since October 2026 on one Ejari contract, at AED 47,000 a year.
  • At AED 47,000 a year the gross yield on the 2024 price is 5.9%.
  • 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 24 October 2026.

Questions about 312, Skyhills Residences - 1

What did unit 312 last sell for?

AED 795,541 on 28 August 2024, sold by the developer: AED 1,652 per sqft for 481 sqft. It is the only registered sale of the unit.

What is the rent for unit 312?

AED 47,000 a year on the contract signed on 24 October 2026.

How big is unit 312?

481 sqft (44.7 sqm): a studio on the 3rd floor of a 40-storey tower.

What is unit 312 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 312, Skyhills Residences - 1

Starts from the last sale price (AED 796K, 28 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 795,541
Deposit, UAE resident (20%)
AED 159,108
Deposit, non-resident (40%)
AED 318,216
Monthly over 25 years at 3.7%
AED 3,255

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