515, Skyhills Residences - 1
Sold prices and rental history: sold twice, last in December 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 515, Skyhills Residences - 1
What is 515 worth today?
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Source: Dubai Land Department. Updated 20 December 2024.
Key facts
- Type
- Studio apartment
- Size
- 453 sqft
- Floor
- 5th of 40
- Parking
- 1
- Last sold
- AED 780K · December 2024
- Building
- Skyhills Residences - 1
About 515, Skyhills Residences - 1
515 is a studio of 453 sqft on the 5th floor of Skyhills Residences - 1, a 40-storey tower in Dubai Science Park (Dubiotech). It last sold on 20 December 2024 for AED 780,000, or AED 1,720 per sqft, 10% above the AED 1,566 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 515 over time
515 has sold twice; the dashed line is the studio median of each year in the building.
Studios in Skyhills Residences - 1, and where 515 sits
All 207 studios →515 last sold in December 2024 at AED 1,720 per sqft, 10% above what studios in Skyhills Residences - 1 were fetching at the time (AED 1,566). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Oct 202622 October 2026 | 454 sqft | 760,000 | 1,672 | ||
| 15 Sep 202615 September 2026 | 575 sqft | 840,000 | 1,461 | ||
| 10 Jul 202610 July 2026 | 446 sqft | 703,421 | 1,578 | ||
| 13 May 202613 May 2026 | 447 sqft | 684,777 | 1,532 |
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 | ||
| 508 | 1-bed | 723 sqft | AED 951KAED 950,777 · May 2024May 2024 | 67,000 /yr | |
| 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 | ||
| 516 | 1-bed | 954 sqft | AED 1.29MAED 1,290,777 · Jul 2024July 2024 |
515, Skyhills Residences - 1 in numbers
- Sold twice: first on 25 June 2024 for AED 662,261, last on 20 December 2024 for AED 780,000 (AED 1,720 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 20 December 2024.
Questions about 515, Skyhills Residences - 1
What did unit 515 last sell for?
AED 780,000 on 20 December 2024: AED 1,720 per sqft for 453 sqft. The unit has 2 registered sales; the first was AED 662,261 in June 2024.
How big is unit 515?
453 sqft (42.1 sqm): a studio on the 5th floor of a 40-storey tower.
What is unit 515 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 515, Skyhills Residences - 1
Starts from the last sale price (AED 780K, 20 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 780,000
- Deposit, UAE resident (20%)
- AED 156,000
- Deposit, non-resident (40%)
- AED 312,000
- Monthly over 25 years at 3.7%
- AED 3,191
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →