1-bed · 852 sqftSkycourt Towers A, Dubailand Residence Complex · 16th floor · completed 2011

1603, Skycourt Towers A

Sold prices and rental history: sold 3 times, last in July 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1603 · DLD and Ejari recordsUpdated 7 October 2023
Last soldAED 650K10 July 2014
Current rentAED 40K /yr7 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1603, Skycourt Towers A

What is 1603 worth today?

Last sold for AED 650,000 in 2014

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7 Oct 2023RentedNew contract
AED 40,000/yr12 months · AED 47 per sqft
1 Sep 2021RentedNew contract
AED 28,000/yr12 months · AED 33 per sqft
1 Sep 2020RentedNew contract
AED 31,000/yr12 months · AED 36 per sqft
1 Nov 2018RentedNew contract
AED 44,000/yr12 months · AED 52 per sqft
1 Nov 2017RentedNew contract
AED 48,000/yr12 months · AED 56 per sqft
9 Jul 2015RentedNew contract
AED 52,000/yr12 months · AED 61 per sqft
10 Jul 2014SoldReady
AED 650,000AED 762 per sqft
1 Oct 2012SoldReady
AED 279,736AED 328 per sqft

Source: Dubai Land Department. Updated 7 October 2023.

Key facts

Type
1-bed apartment
Size
852 sqft
Floor
16th of 21
Parking
B/A-37
Developer
Sky Courts
Completed
2011
Service charge
AED 9,600 /yr
Last sold
AED 650K · July 2014

About 1603, Skycourt Towers A

1603 is a one-bedroom apartment of 852 sqft on the 16th floor of Skycourt Towers A, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. It last sold on 10 July 2014 for AED 650,000, or AED 762 per sqft, 15% above the AED 660 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 7 October 2023, is AED 40,000 a year: a gross yield of 6.2% on the 2014 price, before the service charge of about AED 9,600 a year.

Sales and rents for 1603 over time

Sales
Unit 1603, 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, October 2012: AED 279,736 (AED 328 per sqft)Sold, July 2014: AED 650,000 (AED 762 per sqft)

1603 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1603, 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, July 2015: AED 52,000 a yearNew contract, November 2017: AED 48,000 a yearNew contract, November 2018: AED 44,000 a yearNew contract, September 2020: AED 31,000 a yearNew contract, September 2021: AED 28,000 a yearNew contract, October 2023: AED 40,000 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 1603 sits

All 293 1-beds →

1603 last sold in July 2014 at AED 762 per sqft, 15% above what one-beds in Skycourt Towers A were fetching at the time (AED 660). 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. 1603's AED 40,000 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 16th floor

All 441 units in Skycourt Towers A
Value
16012-bedAED 1.25M · Aug 2026
16022-bedAED 900K · May 2015
16041-bedAED 280K · Dec 2012
16051-bedAED 345K · Nov 2020
16061-bedAED 600K · Sep 2024
16071-bedAED 554K · May 2023
16081-bedAED 375K · Apr 2023
1–7 of 21

1603, Skycourt Towers A in numbers

  • Sold 3 times: first on 23 October 2009 for AED 279,736, last on 10 July 2014 for AED 650,000 (AED 762 per sqft).
  • Rented since July 2015 on 6 Ejari contracts. The rent fell from AED 52,000 to AED 28,000 in 2021 and recovered to AED 40,000 by October 2023.
  • At AED 40,000 a year the gross yield on the 2014 price is 6.2%, 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 October 2023.

Questions about 1603, Skycourt Towers A

What did unit 1603 last sell for?

AED 650,000 on 10 July 2014: AED 762 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 1603?

AED 40,000 a year on the contract signed on 7 October 2023. The previous contract, from September 2021, was AED 28,000; the unit has been rented since July 2015.

How big is unit 1603?

852 sqft (79.2 sqm): a one-bedroom apartment on the 16th floor of a 21-storey tower completed in 2011.

What is unit 1603 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 1603, Skycourt Towers A

Starts from the last sale price (AED 650K, 10 July 2014). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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