1-bed · 944 sqftSkyhills Residences - 1, Dubai Science Park (Dubiotech) · 7th floor

701, Skyhills Residences - 1

Sold prices and rental history: sold once, by the developer 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 701 · DLD and Ejari recordsUpdated 23 April 2024
Last soldAED 1.26M23 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Skyhills Residences - 1

What is 701 worth today?

Last sold for AED 1,261,388 in 2024

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23 Apr 2024Sold by developerOff-plan
AED 1,261,388AED 1,336 per sqft

Source: Dubai Land Department. Updated 23 April 2024.

Key facts

Type
1-bed apartment
Size
944 sqft
Floor
7th of 40
Parking
1
Last sold
AED 1.26M · April 2024

About 701, Skyhills Residences - 1

701 is a one-bedroom apartment of 944 sqft on the 7th floor of Skyhills Residences - 1, a 40-storey tower in Dubai Science Park (Dubiotech). The developer sold it on 23 April 2024 for AED 1,261,388, or AED 1,336 per sqft, 7% below the AED 1,432 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 701 over time

Sales
Unit 701, each saleTypical one-bed in Skyhills Residences - 1
750K1M1.25M2016201920222025Typical sale price by year: 2016 AED 915,000; 2017 AED 722,500; 2018 AED 890,000; 2024 AED 1,038,581; 2025 AED 1,077,777; 2026 AED 1,150,000Sold by developer, April 2024: AED 1,261,388 (AED 1,336 per sqft)

701 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in Skyhills Residences - 1, and where 701 sits

All 253 1-beds →

701 last sold in April 2024 at AED 1,336 per sqft, 7% below what one-beds in Skyhills Residences - 1 were fetching at the time (AED 1,432). 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.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Nov 20261,300,000
28 Oct 20261,350,000
9 Oct 20261,150,000
7 Oct 2026990,000
16 1-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 7th floor

All 617 units in Skyhills Residences - 1
Value
702StudioAED 697K · Apr 2024
7032-bedAED 1.66M · Aug 2024
704StudioAED 789K · May 2024
7052-bedAED 1.63M · Apr 2024
7062-bedAED 1.35M · May 2024
7071-bedAED 928K · Jun 2024
7081-bedAED 942K · May 2024
1–7 of 14

701, Skyhills Residences - 1 in numbers

  • Sold once: by the developer on 23 April 2024 for AED 1,261,388, or AED 1,336 per sqft.
  • 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 23 April 2024.

Questions about 701, Skyhills Residences - 1

What did unit 701 last sell for?

AED 1,261,388 on 23 April 2024, sold by the developer: AED 1,336 per sqft for 944 sqft. It is the only registered sale of the unit.

How big is unit 701?

944 sqft (87.7 sqm): a one-bedroom apartment on the 7th floor of a 40-storey tower.

What is unit 701 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 701, Skyhills Residences - 1

Starts from the last sale price (AED 1.26M, 23 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,261,388
Deposit, UAE resident (20%)
AED 252,278
Deposit, non-resident (40%)
AED 504,555
Monthly over 25 years at 3.7%
AED 5,161

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