1516, Skyhills Residences - 2
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.
Property timeline for 1516, Skyhills Residences - 2
What is 1516 worth today?
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Source: Dubai Land Department. Updated 26 May 2024.
Key facts
- Type
- Studio apartment
- Size
- 473 sqft
- Floor
- 15th of 33
- Parking
- 1
- Last sold
- AED 671K · May 2024
- Building
- Skyhills Residences - 2
About 1516, Skyhills Residences - 2
1516 is a studio of 473 sqft on the 15th floor of Skyhills Residences - 2, a 33-storey tower in Dubai Science Park (Dubiotech). The developer sold it on 26 May 2024 for AED 670,777, or AED 1,419 per sqft, in line with the AED 1,432 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1516 over time
1516 has sold once; the dashed line is the studio median of each year in the building.
Studios in Skyhills Residences - 2, and where 1516 sits
All 177 studios →1516 last sold in May 2024 at AED 1,419 per sqft, in line with what studios in Skyhills Residences - 2 were fetching at the time (AED 1,432). Over the last 12 months studios sold for AED 660,000 to 1,036,095, around AED 1,523 per sqft, and rent for AED 45,000 to 90,000 a year.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Oct 202619 October 2026 | 446 sqft | 770,000 | 1,728 | ||
| 9 Oct 20269 October 2026 | 459 sqft | 695,000 | 1,513 | ||
| 5 Oct 20265 October 2026 | 440 sqft | 675,000 | 1,533 | ||
| 10 Jul 202610 July 2026 | 570 sqft | 710,000 | 1,246 |
Skyhills Residences - 2
Building492 apartments, studios to 2-bed over 33 floors in Dubai Science Park (Dubiotech). 28 sold in the last 12 months.
- Typical price per sqft
- AED 1,468 Up 5.9%
- Typical sale
- AED 1M
- Typical rent
- AED 70K /yr
- Typical yield
- 7.3%
Other units on the 15th floor
All 492 units in Skyhills Residences - 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 993 sqft | AED 1.21MAED 1,207,141 · Aug 2024August 2024 | ||
| 1502 | Studio | 455 sqft | AED 647KAED 646,777 · Mar 2025March 2025 | ||
| 1503 | 1-bed | 721 sqft | AED 933KAED 932,777 · May 2024May 2024 | ||
| 1504 | 2-bed | 1,005 sqft | AED 1.35MAED 1,349,777 · Apr 2024April 2024 | ||
| 1505 | 2-bed | 1,323 sqft | AED 1.57MAED 1,574,777 · Jun 2024June 2024 | ||
| 1506 | 2-bed | 1,050 sqft | AED 1.42MAED 1,420,777 · Jul 2024July 2024 | ||
| 1507 | 1-bed | 672 sqft | AED 906KAED 905,950 · Jul 2024July 2024 | ||
| 1508 | 1-bed | 664 sqft | AED 954KAED 953,777 · Jul 2024July 2024 | ||
| 1509 | 2-bed | 1,023 sqft | AED 1.38MAED 1,384,777 · Aug 2024August 2024 | ||
| 1510 | Studio | 439 sqft | AED 639KAED 638,777 · Jun 2024June 2024 | ||
| 1511 | Studio | 445 sqft | AED 721KAED 720,777 · Oct 2024October 2024 | ||
| 1512 | Studio | 570 sqft | AED 730KAED 729,777 · May 2024May 2024 | 55,000 /yr | |
| 1513 | 1-bed | 611 sqft | AED 750KAED 750,000 · Jun 2024June 2024 | ||
| 1514 | Studio | 489 sqft | AED 654KAED 654,030 · Aug 2024August 2024 | ||
| 1515 | 1-bed | 690 sqft | AED 939KAED 938,621 · Jan 2025January 2025 | 75,000 /yr | |
| 1517 | 1-bed | 987 sqft | AED 1.22MAED 1,222,777 · Jan 2025January 2025 |
1516, Skyhills Residences - 2 in numbers
- Sold once: by the developer on 26 May 2024 for AED 670,777, or AED 1,419 per sqft.
- Studios in Skyhills Residences - 2 sold for AED 660,000–1,036,095 in the 12 months to November 2026; the building's median across all types is AED 1,468 per sqft.
Source: Dubai Land Department. Updated 26 May 2024.
Questions about 1516, Skyhills Residences - 2
What did unit 1516 last sell for?
AED 670,777 on 26 May 2024, sold by the developer: AED 1,419 per sqft for 473 sqft. It is the only registered sale of the unit.
How big is unit 1516?
473 sqft (43.9 sqm): a studio on the 15th floor of a 33-storey tower.
What is unit 1516 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Skyhills Residences - 2 sold for AED 660,000 to 1,036,095 in the last 12 months, around AED 1,523 per sqft.
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Mortgage on 1516, Skyhills Residences - 2
Starts from the last sale price (AED 671K, 26 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 670,777
- Deposit, UAE resident (20%)
- AED 134,155
- Deposit, non-resident (40%)
- AED 268,311
- Monthly over 25 years at 3.7%
- AED 2,744
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →