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1-bed · 843 sqftSkycourt Towers A, Dubailand Residence Complex · 5th floor · completed 2011

512, Skycourt Towers A

Sold prices and rental history: sold 3 times, last in May 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 512 · DLD and Ejari recordsUpdated 16 May 2023
Last soldAED 370K16 May 2023
Current rentAED 26K /yr1 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 512, Skycourt Towers A

What is 512 worth today?

Last sold for AED 370,000 in 2023

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16 May 2023SoldReady
AED 370,000AED 439 per sqft
1 Dec 2020RentedNew contract
AED 26,000/yr12 months · AED 31 per sqft
5 Jun 2020RentedRenewal
AED 30,000/yr12 months · AED 36 per sqft
5 Jun 2019RentedRenewal
AED 38,000/yr12 months · AED 45 per sqft
5 Jun 2018RentedNew contract
AED 41,000/yr12 months · AED 49 per sqft
1 Jun 2017RentedNew contract
AED 50,000/yr12 months · AED 60 per sqft
2 May 2016RentedNew contract
AED 50,000/yr12 months · AED 60 per sqft
15 May 2014SoldReady
AED 581,270AED 689 per sqft

Source: Dubai Land Department. Updated 16 May 2023.

Key facts

Type
1-bed apartment
Size
843 sqft
Floor
5th of 21
Parking
P2/A-104
Developer
Sky Courts
Completed
2011
Service charge
AED 9,500 /yr
Last sold
AED 370K · May 2023
Building
Skycourt Towers A

About 512, Skycourt Towers A

512 is a one-bedroom apartment of 843 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 16 May 2023 for AED 370,000, or AED 439 per sqft, in line with the AED 435 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 1 December 2020, is AED 26,000 a year: a gross yield of 7.0% on the 2023 price, before the service charge of about AED 9,500 a year.

Sales and rents for 512 over time

Sales
Unit 512, 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 290,635 (AED 344 per sqft)Sold, May 2014: AED 581,270 (AED 689 per sqft)Sold, May 2023: AED 370,000 (AED 439 per sqft)

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

Rents
Unit 512, 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, May 2014: AED 50,000 a yearNew contract, May 2016: AED 50,000 a yearNew contract, June 2017: AED 50,000 a yearNew contract, June 2018: AED 41,000 a yearRenewal, June 2019: AED 38,000 a yearRenewal, June 2020: AED 30,000 a yearNew contract, December 2020: AED 26,000 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 512 sits

All 293 1-beds →

512 last sold in May 2023 at AED 439 per sqft, in line with what one-beds in Skycourt Towers A were fetching at the time (AED 435). 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. 512's AED 26,000 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
5051-bedAED 554K · Jun 2023
5061-bedAED 269K · Nov 2012
5071-bedAED 348K · Jan 2012
1–7 of 21

512, Skycourt Towers A in numbers

  • Sold 3 times: first on 23 October 2009 for AED 290,635, last on 16 May 2023 for AED 370,000 (AED 439 per sqft).
  • Rented since May 2014 on 7 Ejari contracts, from AED 50,000 to AED 26,000 a year.
  • At AED 26,000 a year the gross yield on the 2023 price is 7.0%, before a service charge of about AED 9,500 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 16 May 2023.

Questions about 512, Skycourt Towers A

What did unit 512 last sell for?

AED 370,000 on 16 May 2023: AED 439 per sqft for 843 sqft. The unit has 3 registered sales; the first was AED 290,635 in October 2009.

What is the rent for unit 512?

AED 26,000 a year on the contract signed on 1 December 2020. The previous contract, from June 2020, was AED 30,000; the unit has been rented since May 2014.

How big is unit 512?

843 sqft (78.3 sqm): a one-bedroom apartment on the 5th floor of a 21-storey tower completed in 2011.

What is unit 512 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 512, Skycourt Towers A

Starts from the last sale price (AED 370K, 16 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 370,000
Deposit, UAE resident (20%)
AED 74,000
Deposit, non-resident (40%)
AED 148,000
Monthly over 25 years at 3.7%
AED 1,514

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