2-bed · 1,008 sqftSkyhills Residences - 1, Dubai Science Park (Dubiotech) · 4th floor

409, Skyhills Residences - 1

Sold prices and rental history: sold once, by the developer in June 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 21 June 2024
Last soldAED 1.31M21 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Skyhills Residences - 1

What is 409 worth today?

Last sold for AED 1,309,777 in 2024

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21 Jun 2024Sold by developerOff-plan
AED 1,309,777AED 1,298 per sqft

Source: Dubai Land Department. Updated 21 June 2024.

Key facts

Type
2-bed apartment
Size
1,008 sqft
Floor
4th of 40
Parking
1
Last sold
AED 1.31M · June 2024

About 409, Skyhills Residences - 1

409 is a two-bedroom apartment of 1,008 sqft on the 4th floor of Skyhills Residences - 1, a 40-storey tower in Dubai Science Park (Dubiotech). The developer sold it on 21 June 2024 for AED 1,309,777, or AED 1,298 per sqft, 5% below the AED 1,368 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical two-bed in Skyhills Residences - 1
1M1.5M2016201920222025Typical sale price by year: 2016 AED 887,500; 2018 AED 1,185,000; 2024 AED 1,570,993; 2025 AED 1,613,110; 2026 AED 1,665,777Sold by developer, June 2024: AED 1,309,777 (AED 1,298 per sqft)

409 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in Skyhills Residences - 1, and where 409 sits

All 156 2-beds →

409 last sold in June 2024 at AED 1,298 per sqft, 5% below what two-beds in Skyhills Residences - 1 were fetching at the time (AED 1,368). Over the last 12 months two-beds sold for AED 1,600,000 to 1,778,250, around AED 1,545 per sqft, and rent for AED 100,000 to 148,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Nov 20261,665,777
10 Jun 20261,600,000
3 Apr 20261,768,000
4 Feb 20261,600,000
5 2-bed 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
402StudioAED 699K · Oct 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
1–7 of 15

409, Skyhills Residences - 1 in numbers

  • Sold once: by the developer on 21 June 2024 for AED 1,309,777, or AED 1,298 per sqft.
  • Two-beds in Skyhills Residences - 1 sold for AED 1,600,000–1,778,250 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 21 June 2024.

Questions about 409, Skyhills Residences - 1

What did unit 409 last sell for?

AED 1,309,777 on 21 June 2024, sold by the developer: AED 1,298 per sqft for 1,008 sqft. It is the only registered sale of the unit.

How big is unit 409?

1,008 sqft (93.6 sqm): a two-bedroom apartment on the 4th floor of a 40-storey tower.

What is unit 409 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Skyhills Residences - 1 sold for AED 1,600,000 to 1,778,250 in the last 12 months, around AED 1,545 per sqft.

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Mortgage on 409, Skyhills Residences - 1

Starts from the last sale price (AED 1.31M, 21 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,309,777
Deposit, UAE resident (20%)
AED 261,955
Deposit, non-resident (40%)
AED 523,911
Monthly over 25 years at 3.7%
AED 5,359

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