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1-bed · 852 sqftSkycourt Towers A, Dubailand Residence Complex · 15th floor · completed 2011

1503, Skycourt Towers A

Sold prices and rental history: sold 3 times, last in June 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 7 July 2023
Last soldAED 595K21 June 2016
Current rentAED 36K /yr7 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1503, Skycourt Towers A

What is 1503 worth today?

Last sold for AED 595,000 in 2016

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7 Jul 2023RentedRenewal
AED 36,000/yr12 months · AED 42 per sqft
7 Jul 2022RentedRenewal
AED 32,000/yr12 months · AED 38 per sqft
7 Jul 2021RentedRenewal
AED 28,000/yr12 months · AED 33 per sqft
7 Jul 2020RentedNew contract
AED 29,000/yr12 months · AED 34 per sqft
1 Jul 2019RentedRenewal
AED 36,000/yr12 months · AED 42 per sqft
1 Jul 2018RentedNew contract
AED 45,000/yr12 months · AED 53 per sqft
25 Sep 2017RentedNew contract
AED 54,000/yr12 months · AED 64 per sqft
21 Jun 2016SoldReady
AED 595,000AED 698 per sqft

Source: Dubai Land Department. Updated 7 July 2023.

Key facts

Type
1-bed apartment
Size
852 sqft
Floor
15th of 21
Parking
B/A-15
Developer
Sky Courts
Completed
2011
Service charge
AED 9,600 /yr
Last sold
AED 595K · June 2016
Building
Skycourt Towers A

About 1503, Skycourt Towers A

1503 is a one-bedroom apartment of 852 sqft on the 15th floor of Skycourt Towers A, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. It last sold on 21 June 2016 for AED 595,000, or AED 698 per sqft, 105% above the AED 341 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 7 July 2023, is AED 36,000 a year: a gross yield of 6.0% on the 2016 price, before the service charge of about AED 9,600 a year.

Sales and rents for 1503 over time

Sales
Unit 1503, each saleTypical one-bed in Skycourt Towers A
500K2009201420192024Typical sale price by year: 2009 AED 354,438; 2010 AED 559,473; 2011 AED 361,125; 2012 AED 374,499; 2013 AED 521,900; 2014 AED 581,270; 2015 AED 284,312; 2016 AED 385,250; 2017 AED 562,500; 2018 AED 827,489; 2019 AED 440,000; 2020 AED 844,883; 2021 AED 350,000; 2022 AED 349,000; 2023 AED 400,000; 2024 AED 495,900; 2025 AED 560,000; 2026 AED 595,000Sold by developer, October 2009: AED 279,736 (AED 328 per sqft)Sold, January 2014: AED 559,473 (AED 656 per sqft)Sold, June 2016: AED 595,000 (AED 698 per sqft)

1503 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1503, each contractTypical one-bed in Skycourt Towers A
40K2012201620202024Typical rent by year: 2012 AED 32,000; 2013 AED 35,000; 2014 AED 45,000; 2015 AED 52,000; 2016 AED 53,000; 2017 AED 50,000; 2018 AED 45,000; 2019 AED 38,000; 2020 AED 31,000; 2021 AED 27,000; 2022 AED 30,000; 2023 AED 35,519; 2024 AED 42,885; 2025 AED 48,000; 2026 AED 50,000New contract, September 2013: AED 46,104 a yearNew contract, September 2014: AED 53,000 a yearRenewal, September 2015: AED 53,000 a yearNew contract, September 2017: AED 54,000 a yearNew contract, July 2018: AED 45,000 a yearRenewal, July 2019: AED 36,000 a yearNew contract, July 2020: AED 29,000 a yearRenewal, July 2021: AED 28,000 a yearRenewal, July 2022: AED 32,000 a yearRenewal, July 2023: AED 36,000 a year

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

1-beds in Skycourt Towers A, and where 1503 sits

All 293 1-beds →

1503 last sold in June 2016 at AED 698 per sqft, 105% above what one-beds in Skycourt Towers A were fetching at the time (AED 341). Over the last 12 months one-beds sold for AED 430,000 to 650,000, around AED 712 per sqft, and rent for AED 24,000 to 144,200 a year. 1503's AED 36,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Oct 2026530,000
21 Oct 2026600,000
12 Oct 2026525,000
7 Oct 2026640,000
25 1-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 15th floor

All 441 units in Skycourt Towers A
Value
15012-bedAED 950K · Dec 2014
15022-bedAED 960K · Jan 2015
15041-bedAED 525K · Oct 2024
15051-bedAED 559K · Dec 2011
15061-bedAED 615K · Dec 2025
15071-bedAED 635K · Feb 2026
15081-bedAED 670K · May 2014
1–7 of 21

1503, Skycourt Towers A in numbers

  • Sold 3 times: first on 23 October 2009 for AED 279,736, last on 21 June 2016 for AED 595,000 (AED 698 per sqft).
  • Rented since September 2013 on 10 Ejari contracts. The rent fell from AED 46,104 to AED 28,000 in 2021 and recovered to AED 36,000 by July 2023.
  • At AED 36,000 a year the gross yield on the 2016 price is 6.0%, before a service charge of about AED 9,600 a year (AED 11.26 per sqft).
  • One-beds in Skycourt Towers A sold for AED 430,000–650,000 in the 12 months to November 2026; the building's median across all types is AED 715 per sqft.

Source: Dubai Land Department. Updated 7 July 2023.

Questions about 1503, Skycourt Towers A

What did unit 1503 last sell for?

AED 595,000 on 21 June 2016: AED 698 per sqft for 852 sqft. The unit has 3 registered sales; the first was AED 279,736 in October 2009.

What is the rent for unit 1503?

AED 36,000 a year on the contract renewed on 7 July 2023. The previous contract, from July 2022, was AED 32,000; the unit has been rented since September 2013.

How big is unit 1503?

852 sqft (79.2 sqm): a one-bedroom apartment on the 15th floor of a 21-storey tower completed in 2011.

What is unit 1503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Skycourt Towers A sold for AED 430,000 to 650,000 in the last 12 months, around AED 712 per sqft.

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Mortgage on 1503, Skycourt Towers A

Starts from the last sale price (AED 595K, 21 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 595,000
Deposit, UAE resident (20%)
AED 119,000
Deposit, non-resident (40%)
AED 238,000
Monthly over 25 years at 3.7%
AED 2,434

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