Studio · 477 sqftSkyhills Residences - 2, Dubai Science Park (Dubiotech) · 5th floor

502, Skyhills Residences - 2

Sold prices and rental history: sold once, by the developer in May 2024, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 12 September 2026
Last soldAED 635K27 May 2024
Current rentAED 55K /yr12 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Skyhills Residences - 2

What is 502 worth today?

Last sold for AED 634,821 in 2024

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12 Sep 2026RentedNew contract
AED 55,000/yr12 months · AED 116 per sqft
27 May 2024Sold by developerOff-plan
AED 634,821AED 1,330 per sqft

Source: Dubai Land Department. Updated 12 September 2026.

Key facts

Type
Studio apartment
Size
477 sqft
Floor
5th of 33
Parking
1
Last sold
AED 635K · May 2024

About 502, Skyhills Residences - 2

502 is a studio of 477 sqft on the 5th floor of Skyhills Residences - 2, a 33-storey tower in Dubai Science Park (Dubiotech). The developer sold it on 27 May 2024 for AED 634,821, or AED 1,330 per sqft, 7% below the AED 1,427 studios in the building were fetching at the time.

One Ejari contract is registered, from 12 September 2026. The current contract, signed on 12 September 2026, is AED 55,000 a year: a gross yield of 8.7% on the 2024 price.

Sales and rents for 502 over time

Sales
Unit 502, 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, May 2024: AED 634,821 (AED 1,330 per sqft)

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

Studios in Skyhills Residences - 2, and where 502 sits

All 177 studios →

502 last sold in May 2024 at AED 1,330 per sqft, 7% below what studios in Skyhills Residences - 2 were fetching at the time (AED 1,427). 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. 502's AED 55,000 is in the lower half of that range.

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 5th floor

All 492 units in Skyhills Residences - 2
Value
5011-bedAED 1.23M · Jul 2024
5032-bedAED 1.55M · Mar 2025
504StudioAED 648K · Aug 2024
5052-bedAED 1.53M · Apr 2024
5062-bedAED 1.24M · Apr 2024
5071-bedAED 786K · Aug 2024
5081-bedAED 921K · May 2024
1–7 of 15

502, Skyhills Residences - 2 in numbers

  • Sold once: by the developer on 27 May 2024 for AED 634,821, or AED 1,330 per sqft.
  • Rented since September 2026 on one Ejari contract, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2024 price is 8.7%.
  • 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 12 September 2026.

Questions about 502, Skyhills Residences - 2

What did unit 502 last sell for?

AED 634,821 on 27 May 2024, sold by the developer: AED 1,330 per sqft for 477 sqft. It is the only registered sale of the unit.

What is the rent for unit 502?

AED 55,000 a year on the contract signed on 12 September 2026.

How big is unit 502?

477 sqft (44.3 sqm): a studio on the 5th floor of a 33-storey tower.

What is unit 502 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 502, Skyhills Residences - 2

Starts from the last sale price (AED 635K, 27 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 634,821
Deposit, UAE resident (20%)
AED 126,964
Deposit, non-resident (40%)
AED 253,928
Monthly over 25 years at 3.7%
AED 2,597

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