Studio · 471 sqftSkyhills Residences - 1, Dubai Science Park (Dubiotech) · 5th floor

502, Skyhills Residences - 1

Sold prices and rental history: sold twice, last in August 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 5 August 2024
Last soldAED 703K5 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Skyhills Residences - 1

What is 502 worth today?

Last sold for AED 702,777 in 2024

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5 Aug 2024SoldOff-plan
AED 702,777AED 1,491 per sqft
14 Apr 2016Sold by developerOff-plan
AED 1,020,000AED 1,003 per sqft

Source: Dubai Land Department. Updated 5 August 2024.

Key facts

Type
Studio apartment
Size
471 sqft
Floor
5th of 40
Parking
1
Last sold
AED 703K · August 2024

About 502, Skyhills Residences - 1

502 is a studio of 471 sqft on the 5th floor of Skyhills Residences - 1, a 40-storey tower in Dubai Science Park (Dubiotech). It last sold on 5 August 2024 for AED 702,777, or AED 1,491 per sqft, 4% below the AED 1,551 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 502 over time

Sales
Unit 502, 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, April 2016: AED 1,020,000 (AED 1,003 per sqft)Sold, August 2024: AED 702,777 (AED 1,491 per sqft)

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

Studios in Skyhills Residences - 1, and where 502 sits

All 207 studios →

502 last sold in August 2024 at AED 1,491 per sqft, 4% below 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.

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 5th floor

All 617 units in Skyhills Residences - 1
Value
5011-bedAED 1.46M · Nov 2025
5032-bedAED 1.7M · Jul 2024
504StudioAED 783K · Jul 2024
5052-bedAED 975K · Apr 2024
5062-bedAED 1.35M · Jun 2024
5071-bedAED 935K · Mar 2025
5081-bedAED 951K · May 2024
1–7 of 15

502, Skyhills Residences - 1 in numbers

  • Sold twice: first on 14 April 2016 for AED 1,020,000, last on 5 August 2024 for AED 702,777 (AED 1,491 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 5 August 2024.

Questions about 502, Skyhills Residences - 1

What did unit 502 last sell for?

AED 702,777 on 5 August 2024: AED 1,491 per sqft for 471 sqft. The unit has 2 registered sales; the first was AED 1,020,000 in April 2016.

How big is unit 502?

471 sqft (43.8 sqm): a studio on the 5th floor of a 40-storey tower.

What is unit 502 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 502, Skyhills Residences - 1

Starts from the last sale price (AED 703K, 5 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 702,777
Deposit, UAE resident (20%)
AED 140,555
Deposit, non-resident (40%)
AED 281,111
Monthly over 25 years at 3.7%
AED 2,875

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