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2-bed · 1,271 sqftSkycourt Towers A, Dubailand Residence Complex · 10th floor · completed 2011

1022, Skycourt Towers A

Sold prices and rental history: sold 3 times, last in May 2022, and rented once, from May 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1022 · DLD and Ejari recordsUpdated 10 May 2022
Last soldAED 525K10 May 2022
Current rentAED 75K /yr1 May 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1022, Skycourt Towers A

What is 1022 worth today?

Last sold for AED 525,000 in 2022

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10 May 2022SoldReady
AED 525,000AED 413 per sqft
1 May 2017RentedNew contract
AED 75,000/yr12 months · AED 59 per sqft
30 Dec 2012SoldReady
AED 421,421AED 331 per sqft
23 Oct 2009Sold by developerOff-plan
AED 421,421AED 331 per sqft

Source: Dubai Land Department. Updated 10 May 2022.

Key facts

Type
2-bed apartment
Size
1,271 sqft
Floor
10th of 21
Parking
P1/A-71
Developer
Sky Courts
Completed
2011
Service charge
AED 14,300 /yr
Last sold
AED 525K · May 2022
Building
Skycourt Towers A

About 1022, Skycourt Towers A

1022 is a two-bedroom apartment of 1,271 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 10 May 2022 for AED 525,000, or AED 413 per sqft, 4% below the AED 428 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 May 2017. The current contract, signed on 1 May 2017, is AED 75,000 a year: a gross yield of 14.3% on the 2022 price, before the service charge of about AED 14,300 a year.

Sales and rents for 1022 over time

Sales
Unit 1022, 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 421,421 (AED 331 per sqft)Sold, December 2012: AED 421,421 (AED 331 per sqft)Sold, May 2022: AED 525,000 (AED 413 per sqft)

1022 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1022, each contractTypical two-bed in Skycourt Towers A
40K60K80K2012201620202024Typical 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, May 2017: AED 75,000 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 1022 sits

All 128 2-beds →

1022 last sold in May 2022 at AED 413 per sqft, 4% below what two-beds in Skycourt Towers A were fetching at the time (AED 428). 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 83,000 a year. 1022's AED 75,000 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
8.7%
Skycourt Towers A, Dubailand Residence Complex: prices, sales and rents →

Other units on the 10th floor

All 441 units in Skycourt Towers A
Value
10012-bedAED 810K · Jul 2017
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
1–7 of 21

1022, Skycourt Towers A in numbers

  • Sold 3 times: first on 23 October 2009 for AED 421,421, last on 10 May 2022 for AED 525,000 (AED 413 per sqft).
  • Rented since May 2017 on one Ejari contract, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2022 price is 14.3%, before a service charge of about AED 14,300 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 10 May 2022.

Questions about 1022, Skycourt Towers A

What did unit 1022 last sell for?

AED 525,000 on 10 May 2022: AED 413 per sqft for 1,271 sqft. The unit has 3 registered sales; the first was AED 421,421 in October 2009.

What is the rent for unit 1022?

AED 75,000 a year on the contract signed on 1 May 2017.

How big is unit 1022?

1,271 sqft (118.1 sqm): a two-bedroom apartment on the 10th floor of a 21-storey tower completed in 2011.

What is unit 1022 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 1022, Skycourt Towers A

Starts from the last sale price (AED 525K, 10 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 525,000
Deposit, UAE resident (20%)
AED 105,000
Deposit, non-resident (40%)
AED 210,000
Monthly over 25 years at 3.7%
AED 2,148

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