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2-bed · 1,287 sqftSkycourt Towers A, Dubailand Residence Complex · 7th floor · completed 2011

709, Skycourt Towers A

Sold prices and rental history: sold 3 times, last in March 2016, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 709 · DLD and Ejari recordsUpdated 9 March 2016
Last soldAED 745K9 March 2016
Current rentAED 72K /yr17 August 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 709, Skycourt Towers A

What is 709 worth today?

Last sold for AED 744,500 in 2016

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9 Mar 2016SoldReady
AED 744,500AED 578 per sqft
17 Aug 2015RentedNew contract
AED 72,000/yr12 months · AED 56 per sqft
4 Nov 2014RentedNew contract
AED 45,000/yr12 months · AED 35 per sqft
22 Apr 2014SoldReady
AED 419,807AED 326 per sqft
23 Oct 2009Sold by developerOff-plan
AED 419,806AED 326 per sqft

Source: Dubai Land Department. Updated 9 March 2016.

Key facts

Type
2-bed apartment
Size
1,287 sqft
Floor
7th of 21
Parking
P2/A-145
Developer
Sky Courts
Completed
2011
Service charge
AED 14,500 /yr
Last sold
AED 745K · March 2016
Building
Skycourt Towers A

About 709, Skycourt Towers A

709 is a two-bedroom apartment of 1,287 sqft on the 7th floor of Skycourt Towers A, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. It last sold on 9 March 2016 for AED 744,500, or AED 578 per sqft, 15% below the AED 684 two-beds in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 17 August 2015, is AED 72,000 a year: a gross yield of 9.7% on the 2016 price, before the service charge of about AED 14,500 a year.

Sales and rents for 709 over time

Sales
Unit 709, 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, April 2014: AED 419,807 (AED 326 per sqft)Sold, March 2016: AED 744,500 (AED 578 per sqft)

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

Rents
Unit 709, 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, November 2014: AED 45,000 a yearNew contract, August 2015: AED 72,000 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 709 sits

All 128 2-beds →

709 last sold in March 2016 at AED 578 per sqft, 15% below what two-beds in Skycourt Towers A were fetching at the time (AED 684). 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. 709's AED 72,000 is in the upper 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 7th floor

All 441 units in Skycourt Towers A
Value
7012-bedAED 540K · May 2023
7022-bedAED 1.2M · Sep 2018
7031-bedAED 348K · Dec 2011
7041-bedAED 400K · Jun 2012
7051-bedAED 470K · May 2024
7061-bedAED 269K · Oct 2011
7071-bedAED 539K · Jan 2012
1–7 of 17

709, Skycourt Towers A in numbers

  • Sold 3 times: first on 23 October 2009 for AED 419,806, last on 9 March 2016 for AED 744,500 (AED 578 per sqft).
  • Rented since November 2014 on 2 Ejari contracts, from AED 45,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2016 price is 9.7%, 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 9 March 2016.

Questions about 709, Skycourt Towers A

What did unit 709 last sell for?

AED 744,500 on 9 March 2016: AED 578 per sqft for 1,287 sqft. The unit has 3 registered sales; the first was AED 419,806 in October 2009.

What is the rent for unit 709?

AED 72,000 a year on the contract signed on 17 August 2015. The previous contract, from November 2014, was AED 45,000.

How big is unit 709?

1,287 sqft (119.6 sqm): a two-bedroom apartment on the 7th floor of a 21-storey tower completed in 2011.

What is unit 709 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 709, Skycourt Towers A

Starts from the last sale price (AED 745K, 9 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 744,500
Deposit, UAE resident (20%)
AED 148,900
Deposit, non-resident (40%)
AED 297,800
Monthly over 25 years at 3.7%
AED 3,046

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