1-bed · 734 sqftSkycourt Towers A, Dubailand Residence Complex · 20th floor · completed 2011

2016, Skycourt Towers A

Sold prices and rental history: sold once, by the developer in June 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2016 · DLD and Ejari recordsUpdated 7 June 2022
Last soldAED 477K7 June 2022
Current rentAED 26K /yr1 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2016, Skycourt Towers A

What is 2016 worth today?

Last sold for AED 477,022 in 2022

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7 Jun 2022Sold by developerReady
AED 477,022AED 649 per sqft
1 May 2022RentedRenewal
AED 26,000/yr12 months · AED 35 per sqft
1 May 2021RentedNew contract
AED 24,000/yr12 months · AED 33 per sqft
11 Sep 2019RentedRenewal
AED 38,571/yr14 months · AED 53 per sqft
11 Aug 2018RentedNew contract
AED 45,000/yr13 months · AED 61 per sqft
5 Aug 2017RentedRenewal
AED 45,921/yr12 months · AED 63 per sqft
5 Aug 2016RentedRenewal
AED 43,735/yr12 months · AED 60 per sqft
5 Aug 2015RentedRenewal
AED 41,652/yr12 months · AED 57 per sqft

Source: Dubai Land Department. Updated 7 June 2022.

Key facts

Type
1-bed apartment
Size
734 sqft
Floor
20th of 21
Parking
B/A-140
Developer
Sky Courts
Completed
2011
Service charge
AED 8,300 /yr
Last sold
AED 477K · June 2022

About 2016, Skycourt Towers A

2016 is a one-bedroom apartment of 734 sqft on the 20th floor of Skycourt Towers A, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. The developer sold it on 7 June 2022 for AED 477,022, or AED 649 per sqft, 58% above the AED 411 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 1 May 2022, is AED 26,000 a year: a gross yield of 5.5% on the 2022 price, before the service charge of about AED 8,300 a year.

Sales and rents for 2016 over time

Sales
Unit 2016, 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, June 2022: AED 477,022 (AED 649 per sqft)

2016 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2016, each contractTypical one-bed in Skycourt Towers A
20K40K2012201620202024Typical 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, August 2012: AED 30,051 a yearRenewal, August 2013: AED 31,554 a yearRenewal, August 2014: AED 34,710 a yearRenewal, August 2015: AED 41,652 a yearRenewal, August 2016: AED 43,735 a yearRenewal, August 2017: AED 45,921 a yearNew contract, August 2018: AED 45,000 a yearRenewal, September 2019: AED 38,571 a yearNew contract, May 2021: AED 24,000 a yearRenewal, May 2022: AED 26,000 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 2016 sits

All 293 1-beds →

2016 last sold in June 2022 at AED 649 per sqft, 58% above what one-beds in Skycourt Towers A were fetching at the time (AED 411). 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. 2016's AED 26,000 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 20th floor

All 441 units in Skycourt Towers A
Value
20012-bedAED 860K · Sep 2016
20022-bedAED 330K · Jun 2013
20031-bedAED 480K · Dec 2011
20041-bedAED 400K · Mar 2020
20051-bedAED 310K · Dec 2022
20061-bedAED 400K · Sep 2023
20071-bedAED 480K · May 2011
1–7 of 21

2016, Skycourt Towers A in numbers

  • Sold once: by Sky Courts on 7 June 2022 for AED 477,022, or AED 649 per sqft.
  • Rented since August 2012 on 10 Ejari contracts, from AED 30,051 to AED 26,000 a year.
  • At AED 26,000 a year the gross yield on the 2022 price is 5.5%, before a service charge of about AED 8,300 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 June 2022.

Questions about 2016, Skycourt Towers A

What did unit 2016 last sell for?

AED 477,022 on 7 June 2022, sold by the developer: AED 649 per sqft for 734 sqft. It is the only registered sale of the unit.

What is the rent for unit 2016?

AED 26,000 a year on the contract renewed on 1 May 2022. The previous contract, from May 2021, was AED 24,000; the unit has been rented since August 2012.

How big is unit 2016?

734 sqft (68.2 sqm): a one-bedroom apartment on the 20th floor of a 21-storey tower completed in 2011.

What is unit 2016 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 2016, Skycourt Towers A

Starts from the last sale price (AED 477K, 7 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 477,022
Deposit, UAE resident (20%)
AED 95,404
Deposit, non-resident (40%)
AED 190,809
Monthly over 25 years at 3.7%
AED 1,952

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