1-bed · 1,097 sqftSkycourt Towers A, Dubailand Residence Complex · completed 2011

P308, Skycourt Towers A

Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P308 · DLD and Ejari recordsUpdated 29 July 2024
Last soldAED 550K29 July 2024
Current rentAED 30K /yr18 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for P308, Skycourt Towers A

What is P308 worth today?

Last sold for AED 550,000 in 2024

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29 Jul 2024SoldReady
AED 550,000AED 501 per sqft
18 May 2022RentedRenewal
AED 30,000/yr12 months · AED 27 per sqft
18 May 2021RentedRenewal
AED 28,000/yr12 months · AED 26 per sqft
12 Aug 2020Sold by developerReady
AED 920,000AED 838 per sqft
18 May 2020RentedNew contract
AED 32,500/yr12 months · AED 30 per sqft
1 May 2019RentedNew contract
AED 37,000/yr12 months · AED 34 per sqft
10 Apr 2018RentedRenewal
AED 50,000/yr12 months · AED 46 per sqft
10 Apr 2017RentedNew contract
AED 55,000/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 29 July 2024.

Key facts

Type
1-bed apartment
Size
1,097 sqft
Parking
B/A-164
Developer
Sky Courts
Completed
2011
Service charge
AED 12,400 /yr
Last sold
AED 550K · July 2024

About P308, Skycourt Towers A

P308 is a one-bedroom apartment of 1,097 sqft of Skycourt Towers A, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. It last sold on 29 July 2024 for AED 550,000, or AED 501 per sqft, 10% below the AED 558 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 18 May 2022, is AED 30,000 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 12,400 a year.

Sales and rents for P308 over time

Sales
Unit P308, 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, August 2020: AED 920,000 (AED 838 per sqft)Sold, July 2024: AED 550,000 (AED 501 per sqft)

P308 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit P308, 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 33,548 a yearRenewal, December 2013: AED 35,225 a yearNew contract, April 2017: AED 55,000 a yearRenewal, April 2018: AED 50,000 a yearNew contract, May 2019: AED 37,000 a yearNew contract, May 2020: AED 32,500 a yearRenewal, May 2021: AED 28,000 a yearRenewal, May 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 P308 sits

All 293 1-beds →

P308 last sold in July 2024 at AED 501 per sqft, 10% below what one-beds in Skycourt Towers A were fetching at the time (AED 558). 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. P308'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 →

P308, Skycourt Towers A in numbers

  • Sold twice: first on 12 August 2020 for AED 920,000, last on 29 July 2024 for AED 550,000 (AED 501 per sqft).
  • Rented since December 2012 on 8 Ejari contracts, from AED 33,548 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2024 price is 5.5%, before a service charge of about AED 12,400 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 29 July 2024.

Questions about P308, Skycourt Towers A

What did unit P308 last sell for?

AED 550,000 on 29 July 2024: AED 501 per sqft for 1,097 sqft. The unit has 2 registered sales; the first was AED 920,000 in August 2020.

What is the rent for unit P308?

AED 30,000 a year on the contract renewed on 18 May 2022. The previous contract, from May 2021, was AED 28,000; the unit has been rented since December 2012.

How big is unit P308?

1,097 sqft (101.9 sqm): a one-bedroom apartment of a 21-storey tower completed in 2011.

What is unit P308 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 P308, Skycourt Towers A

Starts from the last sale price (AED 550K, 29 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

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