Studio · 459 sqftSkyhills Residences - 1, Dubai Science Park (Dubiotech) · 7th floor

704, Skyhills Residences - 1

Sold prices and rental history: sold once, by the developer in May 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 26 May 2024
Last soldAED 789K26 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Skyhills Residences - 1

What is 704 worth today?

Last sold for AED 788,777 in 2024

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26 May 2024Sold by developerOff-plan
AED 788,777AED 1,718 per sqft

Source: Dubai Land Department. Updated 26 May 2024.

Key facts

Type
Studio apartment
Size
459 sqft
Floor
7th of 40
Parking
1
Last sold
AED 789K · May 2024

About 704, Skyhills Residences - 1

704 is a studio of 459 sqft on the 7th floor of Skyhills Residences - 1, a 40-storey tower in Dubai Science Park (Dubiotech). The developer sold it on 26 May 2024 for AED 788,777, or AED 1,718 per sqft, 11% above the AED 1,543 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 704 over time

Sales
Unit 704, 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, May 2024: AED 788,777 (AED 1,718 per sqft)

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

Studios in Skyhills Residences - 1, and where 704 sits

All 207 studios →

704 last sold in May 2024 at AED 1,718 per sqft, 11% above what studios in Skyhills Residences - 1 were fetching at the time (AED 1,543). 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 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 7th floor

All 617 units in Skyhills Residences - 1
Value
7011-bedAED 1.26M · Apr 2024
702StudioAED 697K · Apr 2024
7032-bedAED 1.66M · Aug 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

704, Skyhills Residences - 1 in numbers

  • Sold once: by the developer on 26 May 2024 for AED 788,777, or AED 1,718 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 26 May 2024.

Questions about 704, Skyhills Residences - 1

What did unit 704 last sell for?

AED 788,777 on 26 May 2024, sold by the developer: AED 1,718 per sqft for 459 sqft. It is the only registered sale of the unit.

How big is unit 704?

459 sqft (42.6 sqm): a studio on the 7th floor of a 40-storey tower.

What is unit 704 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 704, Skyhills Residences - 1

Starts from the last sale price (AED 789K, 26 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 788,777
Deposit, UAE resident (20%)
AED 157,755
Deposit, non-resident (40%)
AED 315,511
Monthly over 25 years at 3.7%
AED 3,227

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