Studio · 471 sqftSkyhills Residences - 1, Dubai Science Park (Dubiotech) · 4th floor

402, Skyhills Residences - 1

Sold prices and rental history: sold twice, last 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.

Unit 402 · DLD and Ejari recordsUpdated 2 October 2024
Last soldAED 699K2 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Skyhills Residences - 1

What is 402 worth today?

Last sold for AED 698,777 in 2024

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2 Oct 2024SoldOff-plan
AED 698,777AED 1,483 per sqft
1 May 2017Sold by developerOff-plan
AED 3,300,000AED 704 per sqft

Source: Dubai Land Department. Updated 2 October 2024.

Key facts

Type
Studio apartment
Size
471 sqft
Floor
4th of 40
Parking
1
Last sold
AED 699K · October 2024

About 402, Skyhills Residences - 1

402 is a studio of 471 sqft on the 4th floor of Skyhills Residences - 1, a 40-storey tower in Dubai Science Park (Dubiotech). It last sold on 2 October 2024 for AED 698,777, or AED 1,483 per sqft, 5% below the AED 1,559 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical studio in Skyhills Residences - 1
2M2016201920222025Typical 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, May 2017: AED 3,300,000 (AED 704 per sqft)Sold, October 2024: AED 698,777 (AED 1,483 per sqft)

402 has sold twice; the dashed line is the studio median of each year in the building.

Studios in Skyhills Residences - 1, and where 402 sits

All 207 studios →

402 last sold in October 2024 at AED 1,483 per sqft, 5% below what studios in Skyhills Residences - 1 were fetching at the time (AED 1,559). 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 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 4th floor

All 617 units in Skyhills Residences - 1
Value
4011-bedAED 1.25M · Aug 2024
4032-bedAED 1.87M · Oct 2024
4042-bedAED 1.86M · Sep 2018
4052-bedAED 1.86M · Sep 2018
4062-bedAED 1.32M · Apr 2025
4071-bedAED 943K · Aug 2024
4081-bedAED 954K · Mar 2026
1–7 of 15

402, Skyhills Residences - 1 in numbers

  • Sold twice: first on 1 May 2017 for AED 3,300,000, last on 2 October 2024 for AED 698,777 (AED 1,483 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 October 2024.

Questions about 402, Skyhills Residences - 1

What did unit 402 last sell for?

AED 698,777 on 2 October 2024: AED 1,483 per sqft for 471 sqft. The unit has 2 registered sales; the first was AED 3,300,000 in May 2017.

How big is unit 402?

471 sqft (43.8 sqm): a studio on the 4th floor of a 40-storey tower.

What is unit 402 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 402, Skyhills Residences - 1

Starts from the last sale price (AED 699K, 2 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 698,777
Deposit, UAE resident (20%)
AED 139,755
Deposit, non-resident (40%)
AED 279,511
Monthly over 25 years at 3.7%
AED 2,859

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