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1-bed · 852 sqftSkycourt Towers A, Dubailand Residence Complex · 5th floor · completed 2011

505, Skycourt Towers A

Sold prices and rental history: sold once, by the developer in June 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 5 June 2023
Last soldAED 554K5 June 2023
Current rentAED 28K /yr10 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 505, Skycourt Towers A

What is 505 worth today?

Last sold for AED 553,917 in 2023

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5 Jun 2023Sold by developerReady
AED 553,917AED 650 per sqft
10 Feb 2022RentedRenewal
AED 28,000/yr12 months · AED 33 per sqft
10 Feb 2021RentedRenewal
AED 28,000/yr12 months · AED 33 per sqft
10 Feb 2020RentedNew contract
AED 32,900/yr12 months · AED 39 per sqft
25 Jan 2018RentedRenewal
AED 53,000/yr12 months · AED 62 per sqft
25 Jan 2017RentedNew contract
AED 53,000/yr12 months · AED 62 per sqft
15 Nov 2015RentedRenewal
AED 53,000/yr12 months · AED 62 per sqft
5 Jan 2015RentedRenewal
AED 50,016/yr10 months · AED 59 per sqft

Source: Dubai Land Department. Updated 5 June 2023.

Key facts

Type
1-bed apartment
Size
852 sqft
Floor
5th of 21
Parking
P2/A-97
Developer
Sky Courts
Completed
2011
Service charge
AED 9,600 /yr
Last sold
AED 554K · June 2023
Building
Skycourt Towers A

About 505, Skycourt Towers A

505 is a one-bedroom apartment of 852 sqft on the 5th floor of Skycourt Towers A, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. The developer sold it on 5 June 2023 for AED 553,917, or AED 650 per sqft, 48% above the AED 439 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 10 February 2022, is AED 28,000 a year: a gross yield of 5.1% on the 2023 price, before the service charge of about AED 9,600 a year.

Sales and rents for 505 over time

Sales
Unit 505, 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, June 2023: AED 553,917 (AED 650 per sqft)

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

Rents
Unit 505, each contractTypical one-bed in Skycourt Towers A
40K2012201620202024Typical 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, March 2012: AED 34,668 a yearNew contract, January 2014: AED 50,000 a yearRenewal, January 2015: AED 50,016 a yearRenewal, November 2015: AED 53,000 a yearNew contract, January 2017: AED 53,000 a yearRenewal, January 2018: AED 53,000 a yearNew contract, February 2020: AED 32,900 a yearRenewal, February 2021: AED 28,000 a yearRenewal, February 2022: AED 28,000 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 505 sits

All 293 1-beds →

505 last sold in June 2023 at AED 650 per sqft, 48% above what one-beds in Skycourt Towers A were fetching at the time (AED 439). 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. 505's AED 28,000 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 5th floor

All 441 units in Skycourt Towers A
Value
5012-bedAED 850K · Jul 2025
5022-bedAED 930K · Apr 2026
5031-bedAED 269K · Sep 2011
5041-bedAED 539K · Feb 2012
5061-bedAED 269K · Nov 2012
5071-bedAED 348K · Jan 2012
5081-bedAED 580K · Jun 2025
1–7 of 21

505, Skycourt Towers A in numbers

  • Sold once: by Sky Courts on 5 June 2023 for AED 553,917, or AED 650 per sqft.
  • Rented since March 2012 on 9 Ejari contracts, from AED 34,668 to AED 28,000 a year.
  • At AED 28,000 a year the gross yield on the 2023 price is 5.1%, 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 5 June 2023.

Questions about 505, Skycourt Towers A

What did unit 505 last sell for?

AED 553,917 on 5 June 2023, sold by the developer: AED 650 per sqft for 852 sqft. It is the only registered sale of the unit.

What is the rent for unit 505?

AED 28,000 a year on the contract renewed on 10 February 2022. The previous contract, from February 2021, was AED 28,000; the unit has been rented since March 2012.

How big is unit 505?

852 sqft (79.2 sqm): a one-bedroom apartment on the 5th floor of a 21-storey tower completed in 2011.

What is unit 505 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 505, Skycourt Towers A

Starts from the last sale price (AED 554K, 5 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 553,917
Deposit, UAE resident (20%)
AED 110,783
Deposit, non-resident (40%)
AED 221,567
Monthly over 25 years at 3.7%
AED 2,266

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