Studio · 459 sqftSkyhills Residences - 2, Dubai Science Park (Dubiotech) · 5th floor

515, Skyhills Residences - 2

Sold prices and rental history: sold once, by the developer in September 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 515 · DLD and Ejari recordsUpdated 3 September 2024
Last soldAED 622K3 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 515, Skyhills Residences - 2

What is 515 worth today?

Last sold for AED 621,777 in 2024

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3 Sep 2024Sold by developerOff-plan
AED 621,777AED 1,354 per sqft

Source: Dubai Land Department. Updated 3 September 2024.

Key facts

Type
Studio apartment
Size
459 sqft
Floor
5th of 33
Parking
1
Last sold
AED 622K · September 2024

About 515, Skyhills Residences - 2

515 is a studio of 459 sqft on the 5th floor of Skyhills Residences - 2, a 33-storey tower in Dubai Science Park (Dubiotech). The developer sold it on 3 September 2024 for AED 621,777, or AED 1,354 per sqft, 5% 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 515 over time

Sales
Unit 515, 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, September 2024: AED 621,777 (AED 1,354 per sqft)

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

Studios in Skyhills Residences - 2, and where 515 sits

All 177 studios →

515 last sold in September 2024 at AED 1,354 per sqft, 5% 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 5th floor

All 492 units in Skyhills Residences - 2
Value
5011-bedAED 1.23M · Jul 2024
502StudioAED 635K · May 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
1–7 of 15

515, Skyhills Residences - 2 in numbers

  • Sold once: by the developer on 3 September 2024 for AED 621,777, or AED 1,354 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 3 September 2024.

Questions about 515, Skyhills Residences - 2

What did unit 515 last sell for?

AED 621,777 on 3 September 2024, sold by the developer: AED 1,354 per sqft for 459 sqft. It is the only registered sale of the unit.

How big is unit 515?

459 sqft (42.6 sqm): a studio on the 5th floor of a 33-storey tower.

What is unit 515 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 515, Skyhills Residences - 2

Starts from the last sale price (AED 622K, 3 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 621,777
Deposit, UAE resident (20%)
AED 124,355
Deposit, non-resident (40%)
AED 248,711
Monthly over 25 years at 3.7%
AED 2,544

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