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2-bed · 1,237 sqftSkycourt Towers A, Dubailand Residence Complex · 10th floor · completed 2011

1001, Skycourt Towers A

Sold prices and rental history: sold 3 times, last in July 2017, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1001 · DLD and Ejari recordsUpdated 5 July 2017
Last soldAED 810K5 July 2017
Current rentAED 66K /yr18 March 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1001, Skycourt Towers A

What is 1001 worth today?

Last sold for AED 810,000 in 2017

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5 Jul 2017SoldReady
AED 810,000AED 654 per sqft
18 Mar 2016RentedRenewal
AED 66,000/yr12 months · AED 53 per sqft
18 Mar 2015RentedNew contract
AED 66,000/yr12 months · AED 53 per sqft
7 May 2013SoldReady
AED 405,813AED 328 per sqft
23 Oct 2009Sold by developerOff-plan
AED 405,813AED 328 per sqft

Source: Dubai Land Department. Updated 5 July 2017.

Key facts

Type
2-bed apartment
Size
1,237 sqft
Floor
10th of 21
Parking
P1/A-48
Developer
Sky Courts
Completed
2011
Service charge
AED 13,900 /yr
Last sold
AED 810K · July 2017
Building
Skycourt Towers A

About 1001, Skycourt Towers A

1001 is a two-bedroom apartment of 1,237 sqft on the 10th floor of Skycourt Towers A, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. It last sold on 5 July 2017 for AED 810,000, or AED 654 per sqft, 14% above the AED 574 two-beds in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, renewed on 18 March 2016, is AED 66,000 a year: a gross yield of 8.2% on the 2017 price, before the service charge of about AED 13,900 a year.

Sales and rents for 1001 over time

Sales
Unit 1001, each saleTypical two-bed in Skycourt Towers A
500K1M2009201420192024Typical sale price by year: 2009 AED 542,110; 2011 AED 712,056; 2012 AED 504,110; 2013 AED 795,000; 2014 AED 835,576; 2015 AED 877,500; 2016 AED 730,000; 2017 AED 810,000; 2018 AED 1,200,000; 2020 AED 650,723; 2021 AED 540,000; 2022 AED 537,500; 2023 AED 650,000; 2024 AED 820,138; 2025 AED 775,000; 2026 AED 922,500Sold by developer, October 2009: AED 405,813 (AED 328 per sqft)Sold, May 2013: AED 405,813 (AED 328 per sqft)Sold, July 2017: AED 810,000 (AED 654 per sqft)

1001 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1001, each contractTypical two-bed in Skycourt Towers A
40K60K2012201620202024Typical rent by year: 2012 AED 46,000; 2013 AED 47,922; 2014 AED 55,325; 2015 AED 69,813; 2016 AED 70,000; 2017 AED 67,000; 2018 AED 60,000; 2019 AED 53,000; 2020 AED 44,000; 2021 AED 39,000; 2022 AED 40,500; 2023 AED 45,389; 2024 AED 55,451; 2025 AED 70,000; 2026 AED 71,662New contract, March 2015: AED 66,000 a yearRenewal, March 2016: AED 66,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Skycourt Towers A, and where 1001 sits

All 128 2-beds →

1001 last sold in July 2017 at AED 654 per sqft, 14% above what two-beds in Skycourt Towers A were fetching at the time (AED 574). Over the last 12 months two-beds sold for AED 725,000 to 1,250,000, around AED 711 per sqft, and rent for AED 46,920 to 80,000 a year. 1001's AED 66,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Oct 2026730,000
9 Oct 2026915,000
7 Oct 2026725,000
26 Aug 20261,250,000
7 2-bed sales in the last 12 months

Skycourt Towers A

Building

441 apartments, studios to 2-bed over 21 floors in Dubailand Residence Complex, completed in 2011 by Sky Courts. 35 sold in the last 12 months.

Typical price per sqft
AED 715 Up 4.2%
Typical sale
AED 600K
Typical rent
AED 52K /yr
Typical yield
8.6%
Skycourt Towers A, Dubailand Residence Complex: prices, sales and rents →

Other units on the 10th floor

All 441 units in Skycourt Towers A
Value
10022-bedAED 705K · May 2024
10031-bedAED 348K · Jun 2011
10041-bedAED 269K · Dec 2015
10051-bedAED 269K · Dec 2015
10061-bedAED 269K · Dec 2015
10071-bedAED 269K · Dec 2015
10081-bedAED 595K · Jan 2026
1–7 of 21

1001, Skycourt Towers A in numbers

  • Sold 3 times: first on 23 October 2009 for AED 405,813, last on 5 July 2017 for AED 810,000 (AED 654 per sqft).
  • Rented since March 2015 on 2 Ejari contracts, at AED 66,000 a year.
  • At AED 66,000 a year the gross yield on the 2017 price is 8.2%, before a service charge of about AED 13,900 a year (AED 11.26 per sqft).
  • Two-beds in Skycourt Towers A sold for AED 725,000–1,250,000 in the 12 months to November 2026; the building's median across all types is AED 715 per sqft.

Source: Dubai Land Department. Updated 5 July 2017.

Questions about 1001, Skycourt Towers A

What did unit 1001 last sell for?

AED 810,000 on 5 July 2017: AED 654 per sqft for 1,237 sqft. The unit has 3 registered sales; the first was AED 405,813 in October 2009.

What is the rent for unit 1001?

AED 66,000 a year on the contract renewed on 18 March 2016. The previous contract, from March 2015, was AED 66,000.

How big is unit 1001?

1,237 sqft (114.9 sqm): a two-bedroom apartment on the 10th floor of a 21-storey tower completed in 2011.

What is unit 1001 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Skycourt Towers A sold for AED 725,000 to 1,250,000 in the last 12 months, around AED 711 per sqft.

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Mortgage on 1001, Skycourt Towers A

Starts from the last sale price (AED 810K, 5 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 810,000
Deposit, UAE resident (20%)
AED 162,000
Deposit, non-resident (40%)
AED 324,000
Monthly over 25 years at 3.7%
AED 3,314

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