508, Skyhills Residences - 1
Sold prices and rental history: sold twice, last in May 2024, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Skyhills Residences - 1
What is 508 worth today?
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Source: Dubai Land Department. Updated 3 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 723 sqft
- Floor
- 5th of 40
- Parking
- 1
- Last sold
- AED 951K · May 2024
- Building
- Skyhills Residences - 1
About 508, Skyhills Residences - 1
508 is a one-bedroom apartment of 723 sqft on the 5th floor of Skyhills Residences - 1, a 40-storey tower in Dubai Science Park (Dubiotech). It last sold on 27 May 2024 for AED 950,777, or AED 1,315 per sqft, 11% below the AED 1,482 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 3 September 2026. The current contract, signed on 3 September 2026, is AED 67,000 a year: a gross yield of 7.0% on the 2024 price.
Sales and rents for 508 over time
508 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 508 sits
All 253 1-beds →508 last sold in May 2024 at AED 1,315 per sqft, 11% below what one-beds in Skyhills Residences - 1 were fetching at the time (AED 1,482). 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. 508's AED 67,000 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 5th floor
All 617 units in Skyhills Residences - 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 951 sqft | AED 1.46MAED 1,455,790 · Nov 2025November 2025 | ||
| 502 | Studio | 471 sqft | AED 703KAED 702,777 · Aug 2024August 2024 | ||
| 503 | 2-bed | 1,320 sqft | AED 1.7MAED 1,698,777 · Jul 2024July 2024 | ||
| 504 | Studio | 459 sqft | AED 783KAED 782,777 · Jul 2024July 2024 | ||
| 505 | 2-bed | 1,287 sqft | AED 975KAED 975,466 · Apr 2024April 2024 | ||
| 506 | 2-bed | 976 sqft | AED 1.35MAED 1,346,777 · Jun 2024June 2024 | ||
| 507 | 1-bed | 711 sqft | AED 935KAED 934,777 · Mar 2025March 2025 | ||
| 509 | 2-bed | 1,001 sqft | AED 1.26MAED 1,255,465 · May 2024May 2024 | ||
| 510 | Studio | 587 sqft | AED 595KAED 595,000 · Jul 2016July 2016 | ||
| 511 | 2-bed | 1,036 sqft | AED 1.38MAED 1,380,777 · Jun 2024June 2024 | ||
| 512 | Studio | 481 sqft | AED 739KAED 738,777 · Mar 2025March 2025 | ||
| 513 | 1-bed | 790 sqft | AED 978KAED 978,488 · Jul 2024July 2024 | 80,000 /yr | |
| 514 | Studio | 486 sqft | AED 803KAED 802,777 · Oct 2024October 2024 | ||
| 515 | Studio | 453 sqft | AED 780KAED 780,000 · Dec 2024December 2024 | ||
| 516 | 1-bed | 954 sqft | AED 1.29MAED 1,290,777 · Jul 2024July 2024 |
508, Skyhills Residences - 1 in numbers
- Sold twice: first on 9 March 2016 for AED 630,000, last on 27 May 2024 for AED 950,777 (AED 1,315 per sqft).
- Rented since September 2026 on one Ejari contract, at AED 67,000 a year.
- At AED 67,000 a year the gross yield on the 2024 price is 7.0%.
- 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 3 September 2026.
Questions about 508, Skyhills Residences - 1
What did unit 508 last sell for?
AED 950,777 on 27 May 2024: AED 1,315 per sqft for 723 sqft. The unit has 2 registered sales; the first was AED 630,000 in March 2016.
What is the rent for unit 508?
AED 67,000 a year on the contract signed on 3 September 2026.
How big is unit 508?
723 sqft (67.2 sqm): a one-bedroom apartment on the 5th floor of a 40-storey tower.
What is unit 508 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 508, Skyhills Residences - 1
Starts from the last sale price (AED 951K, 27 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 950,777
- Deposit, UAE resident (20%)
- AED 190,155
- Deposit, non-resident (40%)
- AED 380,311
- Monthly over 25 years at 3.7%
- AED 3,890
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →