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

122, Skycourt Towers A

Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 122 · DLD and Ejari recordsUpdated 16 May 2024
Last soldAED 740K16 May 2024
Current rentAED 39K /yr28 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 122, Skycourt Towers A

What is 122 worth today?

Last sold for AED 740,000 in 2024

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16 May 2024SoldReady
AED 740,000AED 582 per sqft
28 Jun 2021RentedNew contract
AED 39,000/yr12 months · AED 31 per sqft
25 Jun 2020RentedNew contract
AED 46,000/yr12 months · AED 36 per sqft
27 May 2019RentedRenewal
AED 60,000/yr12 months · AED 47 per sqft
27 May 2018RentedNew contract
AED 68,000/yr12 months · AED 54 per sqft
1 Apr 2016RentedRenewal
AED 75,000/yr12 months · AED 59 per sqft
4 Jan 2015RentedNew contract
AED 60,484/yr15 months · AED 48 per sqft
30 Sep 2014RentedNew contract
AED 48,822/yr6 months · AED 38 per sqft

Source: Dubai Land Department. Updated 16 May 2024.

Key facts

Type
2-bed apartment
Size
1,271 sqft
Floor
1st of 21
Parking
P2/A-22
Developer
Sky Courts
Completed
2011
Service charge
AED 14,300 /yr
Last sold
AED 740K · May 2024
Building
Skycourt Towers A

About 122, Skycourt Towers A

122 is a two-bedroom apartment of 1,271 sqft on the 1st floor of Skycourt Towers A, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. It last sold on 16 May 2024 for AED 740,000, or AED 582 per sqft, 10% below the AED 649 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 28 June 2021, is AED 39,000 a year: a gross yield of 5.3% on the 2024 price, before the service charge of about AED 14,300 a year.

Sales and rents for 122 over time

Sales
Unit 122, 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, July 2009: AED 542,110 (AED 426 per sqft)Sold, July 2011: AED 542,110 (AED 426 per sqft)Sold, May 2024: AED 740,000 (AED 582 per sqft)

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

Rents
Unit 122, 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, September 2014: AED 48,822 a yearNew contract, January 2015: AED 60,484 a yearRenewal, April 2016: AED 75,000 a yearNew contract, May 2018: AED 68,000 a yearRenewal, May 2019: AED 60,000 a yearNew contract, June 2020: AED 46,000 a yearNew contract, June 2021: AED 39,000 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 122 sits

All 128 2-beds →

122 last sold in May 2024 at AED 582 per sqft, 10% below what two-beds in Skycourt Towers A were fetching at the time (AED 649). 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. 122's AED 39,000 is at the bottom 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 1st floor

All 441 units in Skycourt Towers A
Value
1012-bedAED 809K · Dec 2017
1022-bedAED 685K · Sep 2024
1031-bedAED 485K · Aug 2025
1041-bedAED 550K · Oct 2025
1051-bedAED 530K · Oct 2026
1061-bedAED 425K · May 2024
1071-bedAED 450K · Sep 2025
1–7 of 21

122, Skycourt Towers A in numbers

  • Sold 3 times: first on 16 July 2009 for AED 542,110, last on 16 May 2024 for AED 740,000 (AED 582 per sqft).
  • Rented since September 2014 on 7 Ejari contracts, from AED 48,822 to AED 39,000 a year.
  • At AED 39,000 a year the gross yield on the 2024 price is 5.3%, 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 16 May 2024.

Questions about 122, Skycourt Towers A

What did unit 122 last sell for?

AED 740,000 on 16 May 2024: AED 582 per sqft for 1,271 sqft. The unit has 3 registered sales; the first was AED 542,110 in July 2009.

What is the rent for unit 122?

AED 39,000 a year on the contract signed on 28 June 2021. The previous contract, from June 2020, was AED 46,000; the unit has been rented since September 2014.

How big is unit 122?

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

What is unit 122 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 122, Skycourt Towers A

Starts from the last sale price (AED 740K, 16 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 740,000
Deposit, UAE resident (20%)
AED 148,000
Deposit, non-resident (40%)
AED 296,000
Monthly over 25 years at 3.7%
AED 3,028

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