408, Skyhills Residences - 2
Sold prices and rental history: sold once, by the developer in April 2024, and rented once, from October 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Skyhills Residences - 2
What is 408 worth today?
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Source: Dubai Land Department. Updated 30 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 675 sqft
- Floor
- 4th of 33
- Parking
- 1
- Last sold
- AED 865K · April 2024
- Building
- Skyhills Residences - 2
About 408, Skyhills Residences - 2
408 is a one-bedroom apartment of 675 sqft on the 4th floor of Skyhills Residences - 2, a 33-storey tower in Dubai Science Park (Dubiotech). The developer sold it on 23 April 2024 for AED 864,590, or AED 1,281 per sqft, in line with the AED 1,320 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 30 October 2026. The current contract, signed on 30 October 2026, is AED 69,812 a year: a gross yield of 8.1% on the 2024 price.
Sales and rents for 408 over time
408 has sold once; the dashed line is the one-bed median of each year in the building.
1-beds in Skyhills Residences - 2, and where 408 sits
All 189 1-beds →408 last sold in April 2024 at AED 1,281 per sqft, in line with what one-beds in Skyhills Residences - 2 were fetching at the time (AED 1,320). Over the last 12 months one-beds sold for AED 864,498 to 1,657,670, around AED 1,422 per sqft, and rent for AED 55,000 to 90,000 a year. 408's AED 69,812 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Oct 202628 October 2026 | 684 sqft | 1,110,000 | 1,622 | ||
| 13 Oct 202613 October 2026 | 969 sqft | 1,250,000 | 1,290 | ||
| 1 Oct 20261 October 2026 | 694 sqft | 975,000 | 1,405 | ||
| 8 Jul 20268 July 2026 | 611 sqft | 864,498 | 1,414 |
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 4th floor
All 492 units in Skyhills Residences - 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 988 sqft | AED 1.22MAED 1,221,777 · Apr 2024April 2024 | ||
| 402 | Studio | 477 sqft | AED 644KAED 643,777 · Apr 2024April 2024 | ||
| 403 | 2-bed | 1,319 sqft | AED 1.58MAED 1,575,777 · May 2024May 2024 | ||
| 404 | Studio | 461 sqft | AED 645KAED 644,777 · Aug 2024August 2024 | ||
| 405 | 2-bed | 1,289 sqft | AED 1.49MAED 1,492,321 · May 2024May 2024 | 125,000 /yr | |
| 406 | 2-bed | 1,026 sqft | AED 1.32MAED 1,317,777 · Jun 2024June 2024 | ||
| 407 | 1-bed | 672 sqft | AED 792KAED 791,621 · Jul 2024July 2024 | 70,000 /yr | |
| 409 | 2-bed | 1,063 sqft | AED 1.26MAED 1,263,981 · Mar 2025March 2025 | ||
| 410 | Studio | 473 sqft | AED 653KAED 652,777 · Jul 2024July 2024 | ||
| 411 | 2-bed | 1,040 sqft | AED 1.33MAED 1,327,777 · Jun 2024June 2024 | ||
| 412 | Studio | 481 sqft | AED 664KAED 663,777 · May 2024May 2024 | 55,200 /yr | |
| 413 | 1-bed | 797 sqft | AED 977KAED 976,777 · Jun 2024June 2024 | ||
| 414 | Studio | 488 sqft | AED 658KAED 657,777 · Jun 2024June 2024 | 52,000 /yr | |
| 415 | Studio | 459 sqft | AED 606KAED 606,401 · May 2024May 2024 | ||
| 416 | 1-bed | 990 sqft | AED 1.2MAED 1,200,281 · Aug 2024August 2024 |
408, Skyhills Residences - 2 in numbers
- Sold once: by the developer on 23 April 2024 for AED 864,590, or AED 1,281 per sqft.
- Rented since October 2026 on one Ejari contract, at AED 69,812 a year.
- At AED 69,812 a year the gross yield on the 2024 price is 8.1%.
- One-beds in Skyhills Residences - 2 sold for AED 864,498–1,657,670 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 30 October 2026.
Questions about 408, Skyhills Residences - 2
What did unit 408 last sell for?
AED 864,590 on 23 April 2024, sold by the developer: AED 1,281 per sqft for 675 sqft. It is the only registered sale of the unit.
What is the rent for unit 408?
AED 69,812 a year on the contract signed on 30 October 2026.
How big is unit 408?
675 sqft (62.7 sqm): a one-bedroom apartment on the 4th floor of a 33-storey tower.
What is unit 408 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Skyhills Residences - 2 sold for AED 864,498 to 1,657,670 in the last 12 months, around AED 1,422 per sqft.
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Mortgage on 408, Skyhills Residences - 2
Starts from the last sale price (AED 865K, 23 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 864,590
- Deposit, UAE resident (20%)
- AED 172,918
- Deposit, non-resident (40%)
- AED 345,836
- Monthly over 25 years at 3.7%
- AED 3,537
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →