1612, Skyhills Residences - 2
Sold prices and rental history: sold once, by the developer in August 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 1612, Skyhills Residences - 2
What is 1612 worth today?
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Source: Dubai Land Department. Updated 13 August 2024.
Key facts
- Type
- Studio apartment
- Size
- 570 sqft
- Floor
- 16th of 33
- Parking
- 1
- Last sold
- AED 703K · August 2024
- Building
- Skyhills Residences - 2
About 1612, Skyhills Residences - 2
1612 is a studio of 570 sqft on the 16th floor of Skyhills Residences - 2, a 33-storey tower in Dubai Science Park (Dubiotech). The developer sold it on 13 August 2024 for AED 703,465, or AED 1,234 per sqft, 13% below the AED 1,418 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1612 over time
1612 has sold once; the dashed line is the studio median of each year in the building.
Studios in Skyhills Residences - 2, and where 1612 sits
All 177 studios →1612 last sold in August 2024 at AED 1,234 per sqft, 13% below what studios in Skyhills Residences - 2 were fetching at the time (AED 1,418). 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 16th floor
All 492 units in Skyhills Residences - 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 993 sqft | AED 1.19MAED 1,186,345 · Aug 2024August 2024 | ||
| 1602 | Studio | 455 sqft | AED 623KAED 622,825 · Aug 2024August 2024 | ||
| 1603 | 1-bed | 734 sqft | AED 915KAED 914,665 · Aug 2024August 2024 | ||
| 1604 | 2-bed | 1,009 sqft | AED 1.3MAED 1,304,425 · Aug 2024August 2024 | ||
| 1605 | 2-bed | 1,319 sqft | AED 1.51MAED 1,510,825 · Aug 2024August 2024 | 115,000 /yr | |
| 1606 | 2-bed | 1,042 sqft | AED 1.36MAED 1,358,185 · Aug 2024August 2024 | ||
| 1607 | 1-bed | 664 sqft | AED 917KAED 916,585 · Aug 2024August 2024 | ||
| 1608 | 1-bed | 661 sqft | AED 914KAED 913,705 · Aug 2024August 2024 | ||
| 1609 | 2-bed | 1,013 sqft | AED 1.32MAED 1,319,785 · Aug 2024August 2024 | ||
| 1610 | Studio | 440 sqft | AED 617KAED 617,065 · Aug 2024August 2024 | ||
| 1611 | Studio | 448 sqft | AED 626KAED 625,705 · Aug 2024August 2024 | ||
| 1613 | 1-bed | 611 sqft | AED 841KAED 840,745 · Aug 2024August 2024 | ||
| 1614 | Studio | 503 sqft | AED 686KAED 686,185 · Aug 2024August 2024 | ||
| 1615 | 1-bed | 693 sqft | AED 911KAED 910,825 · Aug 2024August 2024 | ||
| 1616 | Studio | 473 sqft | AED 647KAED 646,825 · Aug 2024August 2024 | ||
| 1617 | 1-bed | 991 sqft | AED 1.18MAED 1,184,425 · Aug 2024August 2024 | 88,000 /yr |
1612, Skyhills Residences - 2 in numbers
- Sold once: by the developer on 13 August 2024 for AED 703,465, or AED 1,234 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 13 August 2024.
Questions about 1612, Skyhills Residences - 2
What did unit 1612 last sell for?
AED 703,465 on 13 August 2024, sold by the developer: AED 1,234 per sqft for 570 sqft. It is the only registered sale of the unit.
How big is unit 1612?
570 sqft (53.0 sqm): a studio on the 16th floor of a 33-storey tower.
What is unit 1612 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.
Selling 1612? Put it on the OpenOffers board
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Mortgage on 1612, Skyhills Residences - 2
Starts from the last sale price (AED 703K, 13 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 703,465
- Deposit, UAE resident (20%)
- AED 140,693
- Deposit, non-resident (40%)
- AED 281,386
- Monthly over 25 years at 3.7%
- AED 2,878
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →