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2-bed · 1,287 sqftSkycourt Towers A, Dubailand Residence Complex · 4th floor · completed 2011

409, Skycourt Towers A

Sold prices and rental history: sold twice, last in October 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 1 October 2023
Last soldAED 420K2 October 2012
Current rentAED 50K /yr1 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 409, Skycourt Towers A

What is 409 worth today?

Last sold for AED 419,806 in 2012

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1 Oct 2023RentedRenewal
AED 50,000/yr12 months · AED 39 per sqft
1 Oct 2022RentedRenewal
AED 39,000/yr12 months · AED 30 per sqft
1 Oct 2021RentedNew contract
AED 38,000/yr12 months · AED 29 per sqft
1 Jan 2014RentedRenewal
AED 47,000/yr36 months · AED 36 per sqft
1 Jan 2013RentedNew contract
AED 47,000/yr12 months · AED 36 per sqft
2 Oct 2012SoldReady
AED 419,806AED 326 per sqft
23 Oct 2009Sold by developerOff-plan
AED 419,806AED 326 per sqft

Source: Dubai Land Department. Updated 1 October 2023.

Key facts

Type
2-bed apartment
Size
1,287 sqft
Floor
4th of 21
Parking
P2/A-79
Developer
Sky Courts
Completed
2011
Service charge
AED 14,500 /yr
Last sold
AED 420K · October 2012
Building
Skycourt Towers A

About 409, Skycourt Towers A

409 is a two-bedroom apartment of 1,287 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 2 October 2012 for AED 419,806, or AED 326 per sqft, 29% below the AED 458 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 1 October 2023, is AED 50,000 a year: a gross yield of 11.9% on the 2012 price, before the service charge of about AED 14,500 a year.

Sales and rents for 409 over time

Sales
Unit 409, 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 419,806 (AED 326 per sqft)Sold, October 2012: AED 419,806 (AED 326 per sqft)

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

Rents
Unit 409, 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, January 2013: AED 47,000 a yearRenewal, January 2014: AED 47,000 a yearNew contract, October 2021: AED 38,000 a yearRenewal, October 2022: AED 39,000 a yearRenewal, October 2023: AED 50,000 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 409 sits

All 128 2-beds →

409 last sold in October 2012 at AED 326 per sqft, 29% below what two-beds in Skycourt Towers A were fetching at the time (AED 458). 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. 409's AED 50,000 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 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

409, Skycourt Towers A in numbers

  • Sold twice: first on 23 October 2009 for AED 419,806, last on 2 October 2012 for AED 419,806 (AED 326 per sqft).
  • Rented since January 2013 on 5 Ejari contracts. The rent fell from AED 47,000 to AED 38,000 in 2021 and recovered to AED 50,000 by October 2023.
  • At AED 50,000 a year the gross yield on the 2012 price is 11.9%, before a service charge of about AED 14,500 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 1 October 2023.

Questions about 409, Skycourt Towers A

What did unit 409 last sell for?

AED 419,806 on 2 October 2012: AED 326 per sqft for 1,287 sqft. The unit has 2 registered sales; the first was AED 419,806 in October 2009.

What is the rent for unit 409?

AED 50,000 a year on the contract renewed on 1 October 2023. The previous contract, from October 2022, was AED 39,000; the unit has been rented since January 2013.

How big is unit 409?

1,287 sqft (119.6 sqm): a two-bedroom apartment on the 4th floor of a 21-storey tower completed in 2011.

What is unit 409 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 409, Skycourt Towers A

Starts from the last sale price (AED 420K, 2 October 2012). Switch to today's estimate once you have unlocked it.
Price
AED 419,806
Deposit, UAE resident (20%)
AED 83,961
Deposit, non-resident (40%)
AED 167,922
Monthly over 25 years at 3.7%
AED 1,718

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