512, Skyhills Residences - 2
Sold prices and rental history: sold once, by the developer in May 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 512, Skyhills Residences - 2
What is 512 worth today?
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Source: Dubai Land Department. Updated 20 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 481 sqft
- Floor
- 5th of 33
- Parking
- 1
- Last sold
- AED 668K · May 2024
- Building
- Skyhills Residences - 2
About 512, Skyhills Residences - 2
512 is a studio of 481 sqft on the 5th floor of Skyhills Residences - 2, a 33-storey tower in Dubai Science Park (Dubiotech). The developer sold it on 22 May 2024 for AED 667,777, or AED 1,386 per sqft, in line with the AED 1,423 studios in the building were fetching at the time.
One Ejari contract is registered, from 20 October 2026. The current contract, signed on 20 October 2026, is AED 50,000 a year: a gross yield of 7.5% on the 2024 price.
Sales and rents for 512 over time
512 has sold once; the dashed line is the studio median of each year in the building.
Studios in Skyhills Residences - 2, and where 512 sits
All 177 studios →512 last sold in May 2024 at AED 1,386 per sqft, in line with what studios in Skyhills Residences - 2 were fetching at the time (AED 1,423). 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. 512's AED 50,000 is in the lower half of that range.
| 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 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 | ||
| 506 | 2-bed | 1,019 sqft | AED 1.24MAED 1,237,770 · 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 | ||
| 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 |
512, Skyhills Residences - 2 in numbers
- Sold once: by the developer on 22 May 2024 for AED 667,777, or AED 1,386 per sqft.
- Rented since October 2026 on one Ejari contract, at AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2024 price is 7.5%.
- 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 20 October 2026.
Questions about 512, Skyhills Residences - 2
What did unit 512 last sell for?
AED 667,777 on 22 May 2024, sold by the developer: AED 1,386 per sqft for 481 sqft. It is the only registered sale of the unit.
What is the rent for unit 512?
AED 50,000 a year on the contract signed on 20 October 2026.
How big is unit 512?
481 sqft (44.7 sqm): a studio on the 5th floor of a 33-storey tower.
What is unit 512 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 512, Skyhills Residences - 2
Starts from the last sale price (AED 668K, 22 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 667,777
- Deposit, UAE resident (20%)
- AED 133,555
- Deposit, non-resident (40%)
- AED 267,111
- Monthly over 25 years at 3.7%
- AED 2,732
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →