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2-bed · 1,271 sqftSkycourt Towers A, Dubailand Residence Complex · 3rd floor · completed 2011

311, Skycourt Towers A

Sold prices and rental history: sold 3 times, last in March 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 13 March 2024
Last soldAED 720K13 March 2024
Current rentAED 47K /yr10 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 311, Skycourt Towers A

What is 311 worth today?

Last sold for AED 720,000 in 2024

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13 Mar 2024SoldReady
AED 720,000AED 566 per sqft
10 Nov 2022RentedRenewal
AED 47,300/yr12 months · AED 37 per sqft
10 Nov 2021RentedRenewal
AED 43,000/yr12 months · AED 34 per sqft
10 Nov 2020RentedRenewal
AED 43,000/yr12 months · AED 34 per sqft
10 Nov 2019RentedNew contract
AED 45,000/yr12 months · AED 35 per sqft
10 Nov 2018RentedNew contract
AED 62,000/yr12 months · AED 49 per sqft
3 Jan 2017RentedNew contract
AED 72,000/yr12 months · AED 57 per sqft
1 Dec 2013RentedNew contract
AED 58,000/yr12 months · AED 46 per sqft

Source: Dubai Land Department. Updated 13 March 2024.

Key facts

Type
2-bed apartment
Size
1,271 sqft
Floor
3rd of 21
Parking
P2/A-58
Developer
Sky Courts
Completed
2011
Service charge
AED 14,300 /yr
Last sold
AED 720K · March 2024
Building
Skycourt Towers A

About 311, Skycourt Towers A

311 is a two-bedroom apartment of 1,271 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 13 March 2024 for AED 720,000, or AED 566 per sqft, 7% below the AED 608 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 10 November 2022, is AED 47,300 a year: a gross yield of 6.6% on the 2024 price, before the service charge of about AED 14,300 a year.

Sales and rents for 311 over time

Sales
Unit 311, 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, October 2009: AED 421,421 (AED 331 per sqft)Sold, December 2012: AED 421,421 (AED 331 per sqft)Sold, March 2024: AED 720,000 (AED 566 per sqft)

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

Rents
Unit 311, each contractTypical two-bed in Skycourt Towers A
40K60K2012201620202024Typical 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, December 2013: AED 58,000 a yearNew contract, January 2017: AED 72,000 a yearNew contract, November 2018: AED 62,000 a yearNew contract, November 2019: AED 45,000 a yearRenewal, November 2020: AED 43,000 a yearRenewal, November 2021: AED 43,000 a yearRenewal, November 2022: AED 47,300 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 311 sits

All 128 2-beds →

311 last sold in March 2024 at AED 566 per sqft, 7% below what two-beds in Skycourt Towers A were fetching at the time (AED 608). 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. 311's AED 47,300 is in the lower half 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 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

311, Skycourt Towers A in numbers

  • Sold 3 times: first on 23 October 2009 for AED 421,421, last on 13 March 2024 for AED 720,000 (AED 566 per sqft).
  • Rented since December 2013 on 7 Ejari contracts, from AED 58,000 to AED 47,300 a year.
  • At AED 47,300 a year the gross yield on the 2024 price is 6.6%, 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 13 March 2024.

Questions about 311, Skycourt Towers A

What did unit 311 last sell for?

AED 720,000 on 13 March 2024: AED 566 per sqft for 1,271 sqft. The unit has 3 registered sales; the first was AED 421,421 in October 2009.

What is the rent for unit 311?

AED 47,300 a year on the contract renewed on 10 November 2022. The previous contract, from November 2021, was AED 43,000; the unit has been rented since December 2013.

How big is unit 311?

1,271 sqft (118.1 sqm): a two-bedroom apartment on the 3rd floor of a 21-storey tower completed in 2011.

What is unit 311 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 311, Skycourt Towers A

Starts from the last sale price (AED 720K, 13 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 720,000
Deposit, UAE resident (20%)
AED 144,000
Deposit, non-resident (40%)
AED 288,000
Monthly over 25 years at 3.7%
AED 2,946

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