506, Skyhills Residences - 2
Sold prices and rental history: sold twice, last in April 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 506, Skyhills Residences - 2
What is 506 worth today?
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Source: Dubai Land Department. Updated 23 April 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,019 sqft
- Floor
- 5th of 33
- Parking
- 1
- Last sold
- AED 1.24M · April 2024
- Building
- Skyhills Residences - 2
About 506, Skyhills Residences - 2
506 is a two-bedroom apartment of 1,019 sqft on the 5th floor of Skyhills Residences - 2, a 33-storey tower in Dubai Science Park (Dubiotech). It last sold on 23 April 2024 for AED 1,237,770, or AED 1,214 per sqft, 3% below the AED 1,258 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 506 over time
506 has sold twice; the dashed line is the two-bed median of each year in the building.
2-beds in Skyhills Residences - 2, and where 506 sits
All 126 2-beds →506 last sold in April 2024 at AED 1,214 per sqft, 3% below what two-beds in Skyhills Residences - 2 were fetching at the time (AED 1,258). Over the last 12 months two-beds sold for AED 1,425,000 to 1,820,000, around AED 1,334 per sqft, and rent for AED 108,000 to 125,000 a year.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Oct 20267 October 2026 | 1,295 sqft | 1,820,000 | 1,405 | ||
| 16 Sep 202616 September 2026 | 1,068 sqft | 1,425,000 | 1,334 | ||
| 14 Jan 202614 January 2026 | 1,299 sqft | 1,570,000 | 1,208 | ||
| 8 Oct 20258 October 2025 | 1,023 sqft | 1,420,000 | 1,387 |
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 5th floor
All 492 units in Skyhills Residences - 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 987 sqft | AED 1.23MAED 1,229,777 · Jul 2024July 2024 | ||
| 502 | Studio | 477 sqft | AED 635KAED 634,821 · May 2024May 2024 | 55,000 /yr | |
| 503 | 2-bed | 1,318 sqft | AED 1.55MAED 1,554,061 · Mar 2025March 2025 | ||
| 504 | Studio | 461 sqft | AED 648KAED 647,777 · Aug 2024August 2024 | ||
| 505 | 2-bed | 1,286 sqft | AED 1.53MAED 1,528,777 · Apr 2024April 2024 | ||
| 507 | 1-bed | 664 sqft | AED 786KAED 785,741 · Aug 2024August 2024 | 75,000 /yr | |
| 508 | 1-bed | 672 sqft | AED 921KAED 920,777 · May 2024May 2024 | ||
| 509 | 2-bed | 1,053 sqft | AED 1.29MAED 1,289,777 · Jun 2024June 2024 | ||
| 510 | Studio | 466 sqft | AED 647KAED 646,777 · Aug 2024August 2024 | ||
| 511 | 2-bed | 1,040 sqft | AED 1.34MAED 1,335,777 · Jul 2024July 2024 | ||
| 512 | Studio | 481 sqft | AED 668KAED 667,777 · May 2024May 2024 | 50,000 /yr | |
| 513 | 1-bed | 797 sqft | AED 964KAED 964,101 · Apr 2024April 2024 | ||
| 514 | Studio | 488 sqft | AED 661KAED 660,777 · Jul 2024July 2024 | ||
| 515 | Studio | 459 sqft | AED 622KAED 621,777 · Sep 2024September 2024 | ||
| 516 | 1-bed | 990 sqft | AED 1.23MAED 1,231,777 · Aug 2024August 2024 |
506, Skyhills Residences - 2 in numbers
- Sold twice: first on 8 August 2018 for AED 915,000, last on 23 April 2024 for AED 1,237,770 (AED 1,214 per sqft).
- Two-beds in Skyhills Residences - 2 sold for AED 1,425,000–1,820,000 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 23 April 2024.
Questions about 506, Skyhills Residences - 2
What did unit 506 last sell for?
AED 1,237,770 on 23 April 2024: AED 1,214 per sqft for 1,019 sqft. The unit has 2 registered sales; the first was AED 915,000 in August 2018.
How big is unit 506?
1,019 sqft (94.7 sqm): a two-bedroom apartment on the 5th floor of a 33-storey tower.
What is unit 506 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Skyhills Residences - 2 sold for AED 1,425,000 to 1,820,000 in the last 12 months, around AED 1,334 per sqft.
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Mortgage on 506, Skyhills Residences - 2
Starts from the last sale price (AED 1.24M, 23 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,237,770
- Deposit, UAE resident (20%)
- AED 247,554
- Deposit, non-resident (40%)
- AED 495,108
- Monthly over 25 years at 3.7%
- AED 5,064
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →