2-bed · 1,287 sqftSkyhills Residences - 1, Dubai Science Park (Dubiotech) · 5th floor

505, Skyhills Residences - 1

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

Unit 505 · DLD and Ejari recordsUpdated 17 April 2024
Last soldAED 975K17 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Skyhills Residences - 1

What is 505 worth today?

Last sold for AED 975,466 in 2024

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17 Apr 2024SoldOff-plan
AED 975,466AED 758 per sqft
9 Mar 2016Sold by developerOff-plan
AED 630,000AED 994 per sqft

Source: Dubai Land Department. Updated 17 April 2024.

Key facts

Type
2-bed apartment
Size
1,287 sqft
Floor
5th of 40
Parking
2
Last sold
AED 975K · April 2024

About 505, Skyhills Residences - 1

505 is a two-bedroom apartment of 1,287 sqft on the 5th floor of Skyhills Residences - 1, a 40-storey tower in Dubai Science Park (Dubiotech). It last sold on 17 April 2024 for AED 975,466, or AED 758 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical two-bed in Skyhills Residences - 1
500K1M1.5M2016201920222025Typical 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, March 2016: AED 630,000 (AED 994 per sqft)Sold, April 2024: AED 975,466 (AED 758 per sqft)

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

2-beds in Skyhills Residences - 1, and where 505 sits

All 156 2-beds →

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 5th floor

All 617 units in Skyhills Residences - 1
Value
5011-bedAED 1.46M · Nov 2025
502StudioAED 703K · Aug 2024
5032-bedAED 1.7M · Jul 2024
504StudioAED 783K · Jul 2024
5062-bedAED 1.35M · Jun 2024
5071-bedAED 935K · Mar 2025
5081-bedAED 951K · May 2024
1–7 of 15

505, Skyhills Residences - 1 in numbers

  • Sold twice: first on 9 March 2016 for AED 630,000, last on 17 April 2024 for AED 975,466 (AED 758 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 17 April 2024.

Questions about 505, Skyhills Residences - 1

What did unit 505 last sell for?

AED 975,466 on 17 April 2024: AED 758 per sqft for 1,287 sqft. The unit has 2 registered sales; the first was AED 630,000 in March 2016.

How big is unit 505?

1,287 sqft (119.6 sqm): a two-bedroom apartment on the 5th floor of a 40-storey tower.

What is unit 505 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 505, Skyhills Residences - 1

Starts from the last sale price (AED 975K, 17 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 975,466
Deposit, UAE resident (20%)
AED 195,093
Deposit, non-resident (40%)
AED 390,186
Monthly over 25 years at 3.7%
AED 3,991

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