2-bed · 1,298 sqftSkyhills Residences - 1, Dubai Science Park (Dubiotech) · 7th floor

705, Skyhills Residences - 1

Sold prices and rental history: sold twice, last 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 705 · DLD and Ejari recordsUpdated 23 April 2024
Last soldAED 1.63M23 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Skyhills Residences - 1

What is 705 worth today?

Last sold for AED 1,627,138 in 2024

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23 Apr 2024SoldOff-plan
AED 1,627,138AED 1,253 per sqft
17 Sep 2018Sold by developerOff-plan
AED 645,000AED 1,018 per sqft

Source: Dubai Land Department. Updated 23 April 2024.

Key facts

Type
2-bed apartment
Size
1,298 sqft
Floor
7th of 40
Parking
2
Last sold
AED 1.63M · April 2024

About 705, Skyhills Residences - 1

705 is a two-bedroom apartment of 1,298 sqft on the 7th floor of Skyhills Residences - 1, a 40-storey tower in Dubai Science Park (Dubiotech). It last sold on 23 April 2024 for AED 1,627,138, or AED 1,253 per sqft, 11% below the AED 1,404 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 705 over time

Sales
Unit 705, each saleTypical two-bed in Skyhills Residences - 1
500K1M1.5M2016201920222025Typical sale price by year: 2016 AED 887,500; 2018 AED 1,185,000; 2024 AED 1,570,993; 2025 AED 1,613,110; 2026 AED 1,665,777Sold by developer, September 2018: AED 645,000 (AED 1,018 per sqft)Sold, April 2024: AED 1,627,138 (AED 1,253 per sqft)

705 has sold twice; the dashed line is the two-bed median of each year in the building.

2-beds in Skyhills Residences - 1, and where 705 sits

All 156 2-beds →

705 last sold in April 2024 at AED 1,253 per sqft, 11% below what two-beds in Skyhills Residences - 1 were fetching at the time (AED 1,404). Over the last 12 months two-beds sold for AED 1,600,000 to 1,778,250, around AED 1,545 per sqft, and rent for AED 100,000 to 148,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Nov 20261,665,777
10 Jun 20261,600,000
3 Apr 20261,768,000
4 Feb 20261,600,000
5 2-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
7011-bedAED 1.26M · Apr 2024
702StudioAED 697K · Apr 2024
7032-bedAED 1.66M · Aug 2024
704StudioAED 789K · May 2024
7062-bedAED 1.35M · May 2024
7071-bedAED 928K · Jun 2024
7081-bedAED 942K · May 2024
1–7 of 14

705, Skyhills Residences - 1 in numbers

  • Sold twice: first on 17 September 2018 for AED 645,000, last on 23 April 2024 for AED 1,627,138 (AED 1,253 per sqft).
  • Two-beds in Skyhills Residences - 1 sold for AED 1,600,000–1,778,250 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 705, Skyhills Residences - 1

What did unit 705 last sell for?

AED 1,627,138 on 23 April 2024: AED 1,253 per sqft for 1,298 sqft. The unit has 2 registered sales; the first was AED 645,000 in September 2018.

How big is unit 705?

1,298 sqft (120.6 sqm): a two-bedroom apartment on the 7th floor of a 40-storey tower.

What is unit 705 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Skyhills Residences - 1 sold for AED 1,600,000 to 1,778,250 in the last 12 months, around AED 1,545 per sqft.

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Mortgage on 705, Skyhills Residences - 1

Starts from the last sale price (AED 1.63M, 23 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,627,138
Deposit, UAE resident (20%)
AED 325,428
Deposit, non-resident (40%)
AED 650,855
Monthly over 25 years at 3.7%
AED 6,657

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