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2-bed · 1,271 sqftSkycourt Towers A, Dubailand Residence Complex · 5th floor · completed 2011

511, Skycourt Towers A

Sold prices and rental history: sold twice, last in March 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 511 · DLD and Ejari recordsUpdated 1 August 2022
Last soldAED 843K4 March 2014
Current rentAED 40K /yr1 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 511, Skycourt Towers A

What is 511 worth today?

Last sold for AED 842,842 in 2014

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1 Aug 2022RentedRenewal
AED 40,000/yr12 months · AED 31 per sqft
1 Aug 2021RentedRenewal
AED 40,000/yr12 months · AED 31 per sqft
22 Jul 2020RentedNew contract
AED 42,000/yr12 months · AED 33 per sqft
1 Jun 2018RentedNew contract
AED 60,000/yr12 months · AED 47 per sqft
25 Apr 2017RentedRenewal
AED 74,000/yr12 months · AED 58 per sqft
25 Apr 2016RentedRenewal
AED 74,000/yr12 months · AED 58 per sqft
25 Apr 2015RentedRenewal
AED 74,000/yr12 months · AED 58 per sqft
25 Apr 2014RentedNew contract
AED 74,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 1 August 2022.

Key facts

Type
2-bed apartment
Size
1,271 sqft
Floor
5th of 21
Parking
P2/A-103
Developer
Sky Courts
Completed
2011
Service charge
AED 14,300 /yr
Last sold
AED 843K · March 2014
Building
Skycourt Towers A

About 511, Skycourt Towers A

511 is a two-bedroom apartment of 1,271 sqft on the 5th floor of Skycourt Towers A, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. It last sold on 4 March 2014 for AED 842,842, or AED 663 per sqft, 3% above the AED 642 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 1 August 2022, is AED 40,000 a year: a gross yield of 4.8% on the 2014 price, before the service charge of about AED 14,300 a year.

Sales and rents for 511 over time

Sales
Unit 511, 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, March 2014: AED 842,842 (AED 663 per sqft)

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

Rents
Unit 511, each contractTypical two-bed in Skycourt Towers A
40K60K80K2012201620202024Typical 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 40,000 a yearNew contract, April 2014: AED 74,000 a yearRenewal, April 2015: AED 74,000 a yearRenewal, April 2016: AED 74,000 a yearRenewal, April 2017: AED 74,000 a yearNew contract, June 2018: AED 60,000 a yearNew contract, July 2020: AED 42,000 a yearRenewal, August 2021: AED 40,000 a yearRenewal, August 2022: AED 40,000 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 511 sits

All 128 2-beds →

511 last sold in March 2014 at AED 663 per sqft, 3% above what two-beds in Skycourt Towers A were fetching at the time (AED 642). 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. 511's AED 40,000 is at the bottom 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 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
5051-bedAED 554K · Jun 2023
5061-bedAED 269K · Nov 2012
5071-bedAED 348K · Jan 2012
1–7 of 21

511, Skycourt Towers A in numbers

  • Sold twice: first on 23 October 2009 for AED 421,421, last on 4 March 2014 for AED 842,842 (AED 663 per sqft).
  • Rented since January 2013 on 9 Ejari contracts, at AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2014 price is 4.8%, 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 1 August 2022.

Questions about 511, Skycourt Towers A

What did unit 511 last sell for?

AED 842,842 on 4 March 2014: AED 663 per sqft for 1,271 sqft. The unit has 2 registered sales; the first was AED 421,421 in October 2009.

What is the rent for unit 511?

AED 40,000 a year on the contract renewed on 1 August 2022. The previous contract, from August 2021, was AED 40,000; the unit has been rented since January 2013.

How big is unit 511?

1,271 sqft (118.1 sqm): a two-bedroom apartment on the 5th floor of a 21-storey tower completed in 2011.

What is unit 511 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 511, Skycourt Towers A

Starts from the last sale price (AED 843K, 4 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 842,842
Deposit, UAE resident (20%)
AED 168,568
Deposit, non-resident (40%)
AED 337,137
Monthly over 25 years at 3.7%
AED 3,448

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