1-bed · 852 sqftSkycourt Towers A, Dubailand Residence Complex · 4th floor · completed 2011

406, Skycourt Towers A

Sold prices and rental history: sold 3 times, last in December 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 18 December 2023
Last soldAED 465K18 December 2023
Current rentAED 30K /yr1 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Skycourt Towers A

What is 406 worth today?

Last sold for AED 465,000 in 2023

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18 Dec 2023SoldReady
AED 465,000AED 545 per sqft
1 Jul 2020RentedRenewal
AED 30,000/yr12 months · AED 35 per sqft
1 Jul 2019RentedRenewal
AED 38,000/yr12 months · AED 45 per sqft
1 Jul 2018RentedNew contract
AED 42,000/yr12 months · AED 49 per sqft
12 Jun 2017RentedRenewal
AED 56,331/yr11 months · AED 66 per sqft
12 Jun 2016RentedNew contract
AED 56,000/yr12 months · AED 66 per sqft
21 May 2015RentedNew contract
AED 56,000/yr12 months · AED 66 per sqft
22 Dec 2014RentedNew contract
AED 52,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 18 December 2023.

Key facts

Type
1-bed apartment
Size
852 sqft
Floor
4th of 21
Parking
P2/A-76
Developer
Sky Courts
Completed
2011
Service charge
AED 9,600 /yr
Last sold
AED 465K · December 2023

About 406, Skycourt Towers A

406 is a one-bedroom apartment of 852 sqft on the 4th floor of Skycourt Towers A, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. It last sold on 18 December 2023 for AED 465,000, or AED 545 per sqft, 7% above the AED 510 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 1 July 2020, is AED 30,000 a year: a gross yield of 6.5% on the 2023 price, before the service charge of about AED 9,600 a year.

Sales and rents for 406 over time

Sales
Unit 406, 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 269,376 (AED 316 per sqft)Sold, August 2012: AED 269,376 (AED 316 per sqft)Sold, December 2023: AED 465,000 (AED 545 per sqft)

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

Rents
Unit 406, each contractTypical one-bed in Skycourt Towers A
40K60K2012201620202024Typical 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, December 2013: AED 52,000 a yearNew contract, December 2014: AED 52,000 a yearNew contract, May 2015: AED 56,000 a yearNew contract, June 2016: AED 56,000 a yearRenewal, June 2017: AED 56,331 a yearNew contract, July 2018: AED 42,000 a yearRenewal, July 2019: AED 38,000 a yearRenewal, July 2020: AED 30,000 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 406 sits

All 293 1-beds →

406 last sold in December 2023 at AED 545 per sqft, 7% above what one-beds in Skycourt Towers A were fetching at the time (AED 510). 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. 406's AED 30,000 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 4th floor

All 441 units in Skycourt Towers A
Value
4012-bedAED 406K · Sep 2012
4022-bedAED 836K · Dec 2024
4031-bedAED 607K · May 2026
4041-bedAED 600K · May 2026
4051-bedAED 539K · Feb 2012
4071-bedAED 539K · Mar 2012
4081-bedAED 348K · Jul 2011
1–7 of 21

406, Skycourt Towers A in numbers

  • Sold 3 times: first on 23 October 2009 for AED 269,376, last on 18 December 2023 for AED 465,000 (AED 545 per sqft).
  • Rented since December 2013 on 8 Ejari contracts, from AED 52,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2023 price is 6.5%, 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 18 December 2023.

Questions about 406, Skycourt Towers A

What did unit 406 last sell for?

AED 465,000 on 18 December 2023: AED 545 per sqft for 852 sqft. The unit has 3 registered sales; the first was AED 269,376 in October 2009.

What is the rent for unit 406?

AED 30,000 a year on the contract renewed on 1 July 2020. The previous contract, from July 2019, was AED 38,000; the unit has been rented since December 2013.

How big is unit 406?

852 sqft (79.2 sqm): a one-bedroom apartment on the 4th floor of a 21-storey tower completed in 2011.

What is unit 406 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 406, Skycourt Towers A

Starts from the last sale price (AED 465K, 18 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 465,000
Deposit, UAE resident (20%)
AED 93,000
Deposit, non-resident (40%)
AED 186,000
Monthly over 25 years at 3.7%
AED 1,902

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