Studio · 481 sqftSkyhills Residences - 1, Dubai Science Park (Dubiotech) · 6th floor

612, Skyhills Residences - 1

Sold prices and rental history: sold once, by the developer in July 2024, and rented once, from November 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 612 · DLD and Ejari recordsUpdated 1 November 2026
Last soldAED 726K29 July 2024
Current rentAED 43K /yr1 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 612, Skyhills Residences - 1

What is 612 worth today?

Last sold for AED 725,961 in 2024

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1 Nov 2026RentedNew contract
AED 43,000/yr12 months · AED 93 per sqft
29 Jul 2024Sold by developerOff-plan
AED 725,961AED 1,508 per sqft

Source: Dubai Land Department. Updated 1 November 2026.

Key facts

Type
Studio apartment
Size
481 sqft
Floor
6th of 40
Parking
1
Last sold
AED 726K · July 2024

About 612, Skyhills Residences - 1

612 is a studio of 481 sqft on the 6th floor of Skyhills Residences - 1, a 40-storey tower in Dubai Science Park (Dubiotech). The developer sold it on 29 July 2024 for AED 725,961, or AED 1,508 per sqft, in line with the AED 1,550 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 November 2026. The current contract, signed on 1 November 2026, is AED 43,000 a year: a gross yield of 5.9% on the 2024 price.

Sales and rents for 612 over time

Sales
Unit 612, 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, July 2024: AED 725,961 (AED 1,508 per sqft)

612 has sold once; the dashed line is the studio median of each year in the building.

Studios in Skyhills Residences - 1, and where 612 sits

All 207 studios →

612 last sold in July 2024 at AED 1,508 per sqft, in line with what studios in Skyhills Residences - 1 were fetching at the time (AED 1,550). 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. 612's AED 43,000 is in the lower half of that range.

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 6th floor

All 617 units in Skyhills Residences - 1
Value
6011-bedAED 1.32M · Aug 2024
602StudioAED 705K · Aug 2024
6032-bedAED 1.86M · Mar 2025
6042-bedAED 1.57M · Aug 2018
6052-bedAED 1.6M · Jun 2024
6062-bedAED 1.34M · Jun 2024
6071-bedAED 916K · Aug 2024
1–7 of 15

612, Skyhills Residences - 1 in numbers

  • Sold once: by the developer on 29 July 2024 for AED 725,961, or AED 1,508 per sqft.
  • Rented since November 2026 on one Ejari contract, at AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2024 price is 5.9%.
  • 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 1 November 2026.

Questions about 612, Skyhills Residences - 1

What did unit 612 last sell for?

AED 725,961 on 29 July 2024, sold by the developer: AED 1,508 per sqft for 481 sqft. It is the only registered sale of the unit.

What is the rent for unit 612?

AED 43,000 a year on the contract signed on 1 November 2026.

How big is unit 612?

481 sqft (44.7 sqm): a studio on the 6th floor of a 40-storey tower.

What is unit 612 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 612, Skyhills Residences - 1

Starts from the last sale price (AED 726K, 29 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 725,961
Deposit, UAE resident (20%)
AED 145,192
Deposit, non-resident (40%)
AED 290,384
Monthly over 25 years at 3.7%
AED 2,970

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