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1-bed · 852 sqftSkycourt Towers A, Dubailand Residence Complex · 3rd floor · completed 2011

308, Skycourt Towers A

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

Unit 308 · DLD and Ejari recordsUpdated 1 July 2022
Last soldAED 625K7 April 2015
Current rentAED 31K /yr1 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 308, Skycourt Towers A

What is 308 worth today?

Last sold for AED 625,000 in 2015

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1 Jul 2022RentedNew contract
AED 31,000/yr12 months · AED 36 per sqft
20 Jun 2021RentedNew contract
AED 26,000/yr12 months · AED 31 per sqft
15 Mar 2017RentedNew contract
AED 50,000/yr12 months · AED 59 per sqft
1 May 2016RentedRenewal
AED 57,000/yr12 months · AED 67 per sqft
1 May 2015RentedNew contract
AED 60,000/yr12 months · AED 71 per sqft
7 Apr 2015SoldReady
AED 625,000AED 733 per sqft
10 Jan 2012SoldReady
AED 538,751AED 632 per sqft
13 Sep 2009Sold by developerOff-plan
AED 538,751AED 632 per sqft

Source: Dubai Land Department. Updated 1 July 2022.

Key facts

Type
1-bed apartment
Size
852 sqft
Floor
3rd of 21
Parking
P2/A-55
Developer
Sky Courts
Completed
2011
Service charge
AED 9,600 /yr
Last sold
AED 625K · April 2015
Building
Skycourt Towers A

About 308, Skycourt Towers A

308 is a one-bedroom apartment of 852 sqft on the 3rd floor of Skycourt Towers A, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. It last sold on 7 April 2015 for AED 625,000, or AED 733 per sqft, in line with the AED 746 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 1 July 2022, is AED 31,000 a year: a gross yield of 5.0% on the 2015 price, before the service charge of about AED 9,600 a year.

Sales and rents for 308 over time

Sales
Unit 308, 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, September 2009: AED 538,751 (AED 632 per sqft)Sold, January 2012: AED 538,751 (AED 632 per sqft)Sold, April 2015: AED 625,000 (AED 733 per sqft)

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

Rents
Unit 308, each contractTypical one-bed in Skycourt Towers A
20K40K60K2012201620202024Typical 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, May 2015: AED 60,000 a yearRenewal, May 2016: AED 57,000 a yearNew contract, March 2017: AED 50,000 a yearNew contract, June 2021: AED 26,000 a yearNew contract, July 2022: AED 31,000 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 308 sits

All 293 1-beds →

308 last sold in April 2015 at AED 733 per sqft, in line with what one-beds in Skycourt Towers A were fetching at the time (AED 746). 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. 308's AED 31,000 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 3rd floor

All 441 units in Skycourt Towers A
Value
3012-bedAED 750K · Apr 2013
3022-bedAED 615K · May 2020
3031-bedAED 350K · Jul 2022
3041-bedAED 539K · Sep 2009
3051-bedAED 539K · Sep 2009
3061-bedAED 575K · Apr 2025
3071-bedAED 356K · Aug 2022
1–7 of 21

308, Skycourt Towers A in numbers

  • Sold 3 times: first on 13 September 2009 for AED 538,751, last on 7 April 2015 for AED 625,000 (AED 733 per sqft).
  • Rented since May 2015 on 5 Ejari contracts. The rent fell from AED 60,000 to AED 26,000 in 2021 and recovered to AED 31,000 by July 2022.
  • At AED 31,000 a year the gross yield on the 2015 price is 5.0%, 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 1 July 2022.

Questions about 308, Skycourt Towers A

What did unit 308 last sell for?

AED 625,000 on 7 April 2015: AED 733 per sqft for 852 sqft. The unit has 3 registered sales; the first was AED 538,751 in September 2009.

What is the rent for unit 308?

AED 31,000 a year on the contract signed on 1 July 2022. The previous contract, from June 2021, was AED 26,000; the unit has been rented since May 2015.

How big is unit 308?

852 sqft (79.2 sqm): a one-bedroom apartment on the 3rd floor of a 21-storey tower completed in 2011.

What is unit 308 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 308, Skycourt Towers A

Starts from the last sale price (AED 625K, 7 April 2015). Switch to today's estimate once you have unlocked it.
Price
AED 625,000
Deposit, UAE resident (20%)
AED 125,000
Deposit, non-resident (40%)
AED 250,000
Monthly over 25 years at 3.7%
AED 2,557

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