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2-bed · 1,784 sqftSkycourt Towers A, Dubailand Residence Complex · completed 2011

P311, Skycourt Towers A

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

Unit P311 · DLD and Ejari recordsUpdated 1 December 2024
Last soldAED 1.16M14 October 2024
Current rentAED 51K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for P311, Skycourt Towers A

What is P311 worth today?

Last sold for AED 1,159,750 in 2024

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1 Dec 2024RentedNew contract
AED 50,820/yr12 months · AED 28 per sqft
14 Oct 2024Sold by developerReady
AED 1,159,750AED 650 per sqft
1 Dec 2023RentedRenewal
AED 46,200/yr12 months · AED 26 per sqft
1 Dec 2022RentedRenewal
AED 42,000/yr12 months · AED 24 per sqft
1 Dec 2021RentedRenewal
AED 38,000/yr12 months · AED 21 per sqft
1 Dec 2020RentedRenewal
AED 43,000/yr12 months · AED 24 per sqft
1 Dec 2019RentedRenewal
AED 55,000/yr12 months · AED 31 per sqft
1 Dec 2017RentedRenewal
AED 62,017/yr12 months · AED 35 per sqft

Source: Dubai Land Department. Updated 1 December 2024.

Key facts

Type
2-bed apartment
Size
1,784 sqft
Parking
B/A-167
Developer
Sky Courts
Completed
2011
Service charge
AED 20,100 /yr
Last sold
AED 1.16M · October 2024
Building
Skycourt Towers A

About P311, Skycourt Towers A

P311 is a two-bedroom apartment of 1,784 sqft of Skycourt Towers A, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. The developer sold it on 14 October 2024 for AED 1,159,750, or AED 650 per sqft, in line with the AED 649 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, signed on 1 December 2024, is AED 50,820 a year: a gross yield of 4.4% on the 2024 price, before the service charge of about AED 20,100 a year.

Sales and rents for P311 over time

Sales
Unit P311, 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 2024: AED 1,159,750 (AED 650 per sqft)

P311 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit P311, 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 2012: AED 52,042 a yearRenewal, December 2013: AED 56,379 a yearRenewal, December 2015: AED 62,017 a yearRenewal, December 2016: AED 62,017 a yearRenewal, December 2017: AED 62,017 a yearRenewal, December 2019: AED 55,000 a yearRenewal, December 2020: AED 43,000 a yearRenewal, December 2021: AED 38,000 a yearRenewal, December 2022: AED 42,000 a yearRenewal, December 2023: AED 46,200 a yearNew contract, December 2024: AED 50,820 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 P311 sits

All 128 2-beds →

P311 last sold in October 2024 at AED 650 per sqft, in line with what two-beds in Skycourt Towers A were fetching at the time (AED 649). 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. P311's AED 50,820 is in the lower 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 →

P311, Skycourt Towers A in numbers

  • Sold once: by Sky Courts on 14 October 2024 for AED 1,159,750, or AED 650 per sqft.
  • Rented since November 2012 on 11 Ejari contracts. The rent fell from AED 52,042 to AED 38,000 in 2021 and recovered to AED 50,820 by December 2024.
  • At AED 50,820 a year the gross yield on the 2024 price is 4.4%, before a service charge of about AED 20,100 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 1 December 2024.

Questions about P311, Skycourt Towers A

What did unit P311 last sell for?

AED 1,159,750 on 14 October 2024, sold by the developer: AED 650 per sqft for 1,784 sqft. It is the only registered sale of the unit.

What is the rent for unit P311?

AED 50,820 a year on the contract signed on 1 December 2024. The previous contract, from December 2023, was AED 46,200; the unit has been rented since November 2012.

How big is unit P311?

1,784 sqft (165.7 sqm): a two-bedroom apartment of a 21-storey tower completed in 2011.

What is unit P311 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 P311, Skycourt Towers A

Starts from the last sale price (AED 1.16M, 14 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,159,750
Deposit, UAE resident (20%)
AED 231,950
Deposit, non-resident (40%)
AED 463,900
Monthly over 25 years at 3.7%
AED 4,745

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