1-bed · 1,002 sqftSkycourt Towers A, Dubailand Residence Complex · completed 2011

P306, Skycourt Towers A

Sold prices and rental history: sold twice, last in November 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P306 · DLD and Ejari recordsUpdated 5 November 2022
Last soldAED 431K4 November 2022
Current rentAED 35K /yr5 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for P306, Skycourt Towers A

What is P306 worth today?

Last sold for AED 430,890 in 2022

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5 Nov 2022RentedNew contract
AED 35,000/yr12 months · AED 35 per sqft
4 Nov 2022SoldReady
AED 430,890AED 430 per sqft
5 Oct 2020RentedNew contract
AED 32,000/yr12 months · AED 32 per sqft
25 Mar 2019RentedRenewal
AED 40,000/yr12 months · AED 40 per sqft
23 Dec 2018Sold by developerReady
AED 920,000AED 918 per sqft
15 Mar 2017RentedNew contract
AED 57,000/yr12 months · AED 57 per sqft
12 Dec 2014RentedRenewal
AED 38,566/yr12 months · AED 39 per sqft
12 Dec 2012RentedNew contract
AED 35,060/yr12 months · AED 35 per sqft

Source: Dubai Land Department. Updated 5 November 2022.

Key facts

Type
1-bed apartment
Size
1,002 sqft
Parking
B/A-162
Developer
Sky Courts
Completed
2011
Service charge
AED 11,300 /yr
Last sold
AED 431K · November 2022

About P306, Skycourt Towers A

P306 is a one-bedroom apartment of 1,002 sqft of Skycourt Towers A, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. It last sold on 4 November 2022 for AED 430,890, or AED 430 per sqft, in line with the AED 418 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, signed on 5 November 2022, is AED 35,000 a year: a gross yield of 8.1% on the 2022 price, before the service charge of about AED 11,300 a year.

Sales and rents for P306 over time

Sales
Unit P306, each saleTypical one-bed in Skycourt Towers A
500K1M2009201420192024Typical 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, December 2018: AED 920,000 (AED 918 per sqft)Sold, November 2022: AED 430,890 (AED 430 per sqft)

P306 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit P306, each contractTypical one-bed in Skycourt Towers A
40K60K2012201620202024Typical 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, December 2012: AED 35,060 a yearRenewal, December 2014: AED 38,566 a yearNew contract, March 2017: AED 57,000 a yearRenewal, March 2019: AED 40,000 a yearNew contract, October 2020: AED 32,000 a yearNew contract, November 2022: AED 35,000 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 P306 sits

All 293 1-beds →

P306 last sold in November 2022 at AED 430 per sqft, in line with what one-beds in Skycourt Towers A were fetching at the time (AED 418). 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. P306's AED 35,000 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 →

P306, Skycourt Towers A in numbers

  • Sold twice: first on 23 December 2018 for AED 920,000, last on 4 November 2022 for AED 430,890 (AED 430 per sqft).
  • Rented since December 2012 on 6 Ejari contracts, from AED 35,060 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2022 price is 8.1%, before a service charge of about AED 11,300 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 November 2022.

Questions about P306, Skycourt Towers A

What did unit P306 last sell for?

AED 430,890 on 4 November 2022: AED 430 per sqft for 1,002 sqft. The unit has 2 registered sales; the first was AED 920,000 in December 2018.

What is the rent for unit P306?

AED 35,000 a year on the contract signed on 5 November 2022. The previous contract, from October 2020, was AED 32,000; the unit has been rented since December 2012.

How big is unit P306?

1,002 sqft (93.1 sqm): a one-bedroom apartment of a 21-storey tower completed in 2011.

What is unit P306 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 P306, Skycourt Towers A

Starts from the last sale price (AED 431K, 4 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 430,890
Deposit, UAE resident (20%)
AED 86,178
Deposit, non-resident (40%)
AED 172,356
Monthly over 25 years at 3.7%
AED 1,763

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