407, Skyhills Residences - 1
Sold prices and rental history: sold twice, last in August 2024, and rented once, from November 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Skyhills Residences - 1
What is 407 worth today?
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Source: Dubai Land Department. Updated 2 November 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 721 sqft
- Floor
- 4th of 40
- Parking
- 1
- Last sold
- AED 943K · August 2024
- Building
- Skyhills Residences - 1
About 407, Skyhills Residences - 1
407 is a one-bedroom apartment of 721 sqft on the 4th floor of Skyhills Residences - 1, a 40-storey tower in Dubai Science Park (Dubiotech). It last sold on 28 August 2024 for AED 942,777, or AED 1,307 per sqft, 11% below the AED 1,466 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 2 November 2026. The current contract, signed on 2 November 2026, is AED 70,000 a year: a gross yield of 7.4% on the 2024 price.
Sales and rents for 407 over time
407 has sold twice; the dashed line is the one-bed median of each year in the building.
1-beds in Skyhills Residences - 1, and where 407 sits
All 253 1-beds →407 last sold in August 2024 at AED 1,307 per sqft, 11% below what one-beds in Skyhills Residences - 1 were fetching at the time (AED 1,466). Over the last 12 months one-beds sold for AED 931,777 to 1,493,777, around AED 1,503 per sqft, and rent for AED 65,000 to 95,000 a year. 407's AED 70,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Nov 20263 November 2026 | 960 sqft | 1,300,000 | 1,353 | ||
| 28 Oct 202628 October 2026 | 971 sqft | 1,350,000 | 1,390 | ||
| 9 Oct 20269 October 2026 | 567 sqft | 1,150,000 | 2,026 | ||
| 7 Oct 20267 October 2026 | 662 sqft | 990,000 | 1,496 |
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 4th floor
All 617 units in Skyhills Residences - 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 952 sqft | AED 1.25MAED 1,250,000 · Aug 2024August 2024 | ||
| 402 | Studio | 471 sqft | AED 699KAED 698,777 · Oct 2024October 2024 | ||
| 403 | 2-bed | 1,320 sqft | AED 1.87MAED 1,866,777 · Oct 2024October 2024 | ||
| 404 | 2-bed | 1,937 sqft | AED 1.86MAED 1,857,060 · Sep 2018September 2018 | ||
| 405 | 2-bed | 1,931 sqft | AED 1.86MAED 1,857,060 · Sep 2018September 2018 | ||
| 406 | 2-bed | 981 sqft | AED 1.32MAED 1,319,841 · Apr 2025April 2025 | ||
| 408 | 1-bed | 729 sqft | AED 954KAED 953,777 · Mar 2026March 2026 | ||
| 409 | 2-bed | 1,008 sqft | AED 1.31MAED 1,309,777 · Jun 2024June 2024 | ||
| 410 | Studio | 471 sqft | AED 747KAED 746,777 · Sep 2024September 2024 | ||
| 411 | 2-bed | 1,036 sqft | AED 1.35MAED 1,345,321 · Sep 2024September 2024 | ||
| 412 | Studio | 481 sqft | AED 735KAED 734,777 · Apr 2024April 2024 | ||
| 413 | 1-bed | 790 sqft | AED 1.08MAED 1,081,777 · Jun 2024June 2024 | 70,000 /yr | |
| 414 | Studio | 487 sqft | AED 707KAED 707,341 · Jun 2024June 2024 | ||
| 415 | Studio | 453 sqft | AED 673KAED 672,777 · May 2024May 2024 | ||
| 416 | 1-bed | 954 sqft | AED 1.28MAED 1,282,777 · Jul 2024July 2024 |
407, Skyhills Residences - 1 in numbers
- Sold twice: first on 12 April 2016 for AED 2,520,000, last on 28 August 2024 for AED 942,777 (AED 1,307 per sqft).
- Rented since November 2026 on one Ejari contract, at AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2024 price is 7.4%.
- One-beds in Skyhills Residences - 1 sold for AED 931,777–1,493,777 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 November 2026.
Questions about 407, Skyhills Residences - 1
What did unit 407 last sell for?
AED 942,777 on 28 August 2024: AED 1,307 per sqft for 721 sqft. The unit has 2 registered sales; the first was AED 2,520,000 in April 2016.
What is the rent for unit 407?
AED 70,000 a year on the contract signed on 2 November 2026.
How big is unit 407?
721 sqft (67.0 sqm): a one-bedroom apartment on the 4th floor of a 40-storey tower.
What is unit 407 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Skyhills Residences - 1 sold for AED 931,777 to 1,493,777 in the last 12 months, around AED 1,503 per sqft.
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Mortgage on 407, Skyhills Residences - 1
Starts from the last sale price (AED 943K, 28 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 942,777
- Deposit, UAE resident (20%)
- AED 188,555
- Deposit, non-resident (40%)
- AED 377,111
- Monthly over 25 years at 3.7%
- AED 3,857
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →