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

408, Skycourt Towers A

Sold prices and rental history: sold twice, last in July 2011, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 20 February 2021
Last soldAED 348K3 July 2011
Current rentAED 42K /yr20 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 408, Skycourt Towers A

What is 408 worth today?

Last sold for AED 347,750 in 2011

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20 Feb 2021RentedRenewal
AED 42,000/yr12 months · AED 49 per sqft
20 Feb 2020RentedRenewal
AED 48,000/yr12 months · AED 56 per sqft
20 Feb 2019RentedRenewal
AED 55,000/yr12 months · AED 65 per sqft
20 Feb 2018RentedRenewal
AED 55,000/yr12 months · AED 65 per sqft
20 Feb 2017RentedRenewal
AED 55,000/yr12 months · AED 65 per sqft
20 Feb 2016RentedRenewal
AED 55,000/yr12 months · AED 65 per sqft
20 Feb 2015RentedNew contract
AED 55,000/yr12 months · AED 65 per sqft
3 Jul 2011SoldReady
AED 347,750AED 408 per sqft

Source: Dubai Land Department. Updated 20 February 2021.

Key facts

Type
1-bed apartment
Size
852 sqft
Floor
4th of 21
Parking
P2/A-78
Developer
Sky Courts
Completed
2011
Service charge
AED 9,600 /yr
Last sold
AED 348K · July 2011
Building
Skycourt Towers A

About 408, Skycourt Towers A

408 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 3 July 2011 for AED 347,750, or AED 408 per sqft, 8% below the AED 443 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 20 February 2021, is AED 42,000 a year: a gross yield of 12.1% on the 2011 price, before the service charge of about AED 9,600 a year.

Sales and rents for 408 over time

Sales
Unit 408, 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, July 2009: AED 347,750 (AED 408 per sqft)Sold, July 2011: AED 347,750 (AED 408 per sqft)

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

Rents
Unit 408, 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, February 2015: AED 55,000 a yearRenewal, February 2016: AED 55,000 a yearRenewal, February 2017: AED 55,000 a yearRenewal, February 2018: AED 55,000 a yearRenewal, February 2019: AED 55,000 a yearRenewal, February 2020: AED 48,000 a yearRenewal, February 2021: AED 42,000 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 408 sits

All 293 1-beds →

408 last sold in July 2011 at AED 408 per sqft, 8% below what one-beds in Skycourt Towers A were fetching at the time (AED 443). 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. 408's AED 42,000 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
4061-bedAED 465K · Dec 2023
4071-bedAED 539K · Mar 2012
1–7 of 21

408, Skycourt Towers A in numbers

  • Sold twice: first on 16 July 2009 for AED 347,750, last on 3 July 2011 for AED 347,750 (AED 408 per sqft).
  • Rented since February 2015 on 7 Ejari contracts, from AED 55,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2011 price is 12.1%, 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 20 February 2021.

Questions about 408, Skycourt Towers A

What did unit 408 last sell for?

AED 347,750 on 3 July 2011: AED 408 per sqft for 852 sqft. The unit has 2 registered sales; the first was AED 347,750 in July 2009.

What is the rent for unit 408?

AED 42,000 a year on the contract renewed on 20 February 2021. The previous contract, from February 2020, was AED 48,000; the unit has been rented since February 2015.

How big is unit 408?

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

What is unit 408 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 408, Skycourt Towers A

Starts from the last sale price (AED 348K, 3 July 2011). Switch to today's estimate once you have unlocked it.
Price
AED 347,750
Deposit, UAE resident (20%)
AED 69,550
Deposit, non-resident (40%)
AED 139,100
Monthly over 25 years at 3.7%
AED 1,423

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