Studio · 473 sqftSkyhills Residences - 2, Dubai Science Park (Dubiotech) · 16th floor

1616, 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.

Unit 1616 · DLD and Ejari recordsUpdated 2 August 2024
Last soldAED 647K2 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1616, Skyhills Residences - 2

What is 1616 worth today?

Last sold for AED 646,825 in 2024

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2 Aug 2024Sold by developerOff-plan
AED 646,825AED 1,368 per sqft

Source: Dubai Land Department. Updated 2 August 2024.

Key facts

Type
Studio apartment
Size
473 sqft
Floor
16th of 33
Parking
1
Last sold
AED 647K · August 2024

About 1616, Skyhills Residences - 2

1616 is a studio of 473 sqft on the 16th floor of Skyhills Residences - 2, a 33-storey tower in Dubai Science Park (Dubiotech). The developer sold it on 2 August 2024 for AED 646,825, or AED 1,368 per sqft, 4% below the AED 1,419 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1616 over time

Sales
Unit 1616, each saleTypical studio in Skyhills Residences - 2
650K700K2018202120242027Typical sale price by year: 2018 AED 724,500; 2020 AED 684,925; 2024 AED 670,777; 2025 AED 685,777; 2026 AED 697,500Sold by developer, August 2024: AED 646,825 (AED 1,368 per sqft)

1616 has sold once; the dashed line is the studio median of each year in the building.

Studios in Skyhills Residences - 2, and where 1616 sits

All 177 studios →

1616 last sold in August 2024 at AED 1,368 per sqft, 4% below what studios in Skyhills Residences - 2 were fetching at the time (AED 1,419). 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 salesUnit no.Price (AED)Summary
19 Oct 2026770,000
9 Oct 2026695,000
5 Oct 2026675,000
10 Jul 2026710,000
10 studio sales in the last 12 months

Skyhills Residences - 2

Building

492 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%
Skyhills Residences - 2, Dubai Science Park (Dubiotech): prices, sales and rents →

Other units on the 16th floor

All 492 units in Skyhills Residences - 2
Value
16011-bedAED 1.19M · Aug 2024
1602StudioAED 623K · Aug 2024
16031-bedAED 915K · Aug 2024
16042-bedAED 1.3M · Aug 2024
16052-bedAED 1.51M · Aug 2024
16062-bedAED 1.36M · Aug 2024
16071-bedAED 917K · Aug 2024
1–7 of 16

1616, Skyhills Residences - 2 in numbers

  • Sold once: by the developer on 2 August 2024 for AED 646,825, or AED 1,368 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 2 August 2024.

Questions about 1616, Skyhills Residences - 2

What did unit 1616 last sell for?

AED 646,825 on 2 August 2024, sold by the developer: AED 1,368 per sqft for 473 sqft. It is the only registered sale of the unit.

How big is unit 1616?

473 sqft (43.9 sqm): a studio on the 16th floor of a 33-storey tower.

What is unit 1616 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 1616, Skyhills Residences - 2

Starts from the last sale price (AED 647K, 2 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 646,825
Deposit, UAE resident (20%)
AED 129,365
Deposit, non-resident (40%)
AED 258,730
Monthly over 25 years at 3.7%
AED 2,646

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