1-bed · 843 sqftSkycourt Towers A, Dubailand Residence Complex · 7th floor · completed 2011

716, Skycourt Towers A

Sold prices and rental history: sold twice, last in February 2020, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 716 · DLD and Ejari recordsUpdated 8 January 2022
Last soldAED 200K25 February 2020
Current rentAED 30K /yr8 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 716, Skycourt Towers A

What is 716 worth today?

Last sold for AED 200,000 in 2020

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8 Jan 2022RentedNew contract
AED 30,000/yr12 months · AED 36 per sqft
1 Jul 2020RentedNew contract
AED 30,000/yr12 months · AED 36 per sqft
25 Feb 2020SoldReady
AED 200,000AED 237 per sqft
1 Jun 2019RentedNew contract
AED 38,000/yr12 months · AED 45 per sqft
13 Apr 2018RentedRenewal
AED 53,000/yr12 months · AED 63 per sqft
13 Apr 2017RentedNew contract
AED 53,000/yr12 months · AED 63 per sqft
15 Sep 2015RentedNew contract
AED 52,000/yr12 months · AED 62 per sqft
28 Jul 2009Sold by developerOff-plan
AED 581,270AED 689 per sqft

Source: Dubai Land Department. Updated 8 January 2022.

Key facts

Type
1-bed apartment
Size
843 sqft
Floor
7th of 21
Parking
P2/A-148
Developer
Sky Courts
Completed
2011
Service charge
AED 9,500 /yr
Last sold
AED 200K · February 2020

About 716, Skycourt Towers A

716 is a one-bedroom apartment of 843 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 25 February 2020 for AED 200,000, or AED 237 per sqft, 53% below the AED 509 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 8 January 2022, is AED 30,000 a year: a gross yield of 15.0% on the 2020 price, before the service charge of about AED 9,500 a year.

Sales and rents for 716 over time

Sales
Unit 716, 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, July 2009: AED 581,270 (AED 689 per sqft)Sold, February 2020: AED 200,000 (AED 237 per sqft)

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

Rents
Unit 716, 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, September 2015: AED 52,000 a yearNew contract, April 2017: AED 53,000 a yearRenewal, April 2018: AED 53,000 a yearNew contract, June 2019: AED 38,000 a yearNew contract, July 2020: AED 30,000 a yearNew contract, January 2022: AED 30,000 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 716 sits

All 293 1-beds →

716 last sold in February 2020 at AED 237 per sqft, 53% below what one-beds in Skycourt Towers A were fetching at the time (AED 509). 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. 716's AED 30,000 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 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

716, Skycourt Towers A in numbers

  • Sold twice: first on 28 July 2009 for AED 581,270, last on 25 February 2020 for AED 200,000 (AED 237 per sqft).
  • Rented since September 2015 on 6 Ejari contracts, from AED 52,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2020 price is 15.0%, 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 8 January 2022.

Questions about 716, Skycourt Towers A

What did unit 716 last sell for?

AED 200,000 on 25 February 2020: AED 237 per sqft for 843 sqft. The unit has 2 registered sales; the first was AED 581,270 in July 2009.

What is the rent for unit 716?

AED 30,000 a year on the contract signed on 8 January 2022. The previous contract, from July 2020, was AED 30,000; the unit has been rented since September 2015.

How big is unit 716?

843 sqft (78.3 sqm): a one-bedroom apartment on the 7th floor of a 21-storey tower completed in 2011.

What is unit 716 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 716, Skycourt Towers A

Starts from the last sale price (AED 200K, 25 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 200,000
Deposit, UAE resident (20%)
AED 40,000
Deposit, non-resident (40%)
AED 80,000
Monthly over 25 years at 3.7%
AED 818

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