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1-bed · 1,087 sqftSkycourt Towers A, Dubailand Residence Complex · completed 2011

P315, Skycourt Towers A

Sold prices and rental history: sold once, by the developer in February 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P315 · DLD and Ejari recordsUpdated 1 January 2023
Last soldAED 514K13 February 2013
Current rentAED 33K /yr1 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for P315, Skycourt Towers A

What is P315 worth today?

Last sold for AED 513,800 in 2013

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1 Jan 2023RentedRenewal
AED 33,000/yr12 months · AED 30 per sqft
1 Jan 2022RentedNew contract
AED 33,000/yr12 months · AED 30 per sqft
1 Dec 2020RentedNew contract
AED 30,000/yr12 months · AED 28 per sqft
1 Mar 2014RentedNew contract
AED 42,000/yr12 months · AED 39 per sqft
1 Mar 2013RentedNew contract
AED 40,000/yr12 months · AED 37 per sqft
13 Feb 2013Sold by developerReady
AED 513,800AED 472 per sqft

Source: Dubai Land Department. Updated 1 January 2023.

Key facts

Type
1-bed apartment
Size
1,087 sqft
Parking
G/A-28
Developer
Sky Courts
Completed
2011
Service charge
AED 12,200 /yr
Last sold
AED 514K · February 2013
Building
Skycourt Towers A

About P315, Skycourt Towers A

P315 is a one-bedroom apartment of 1,087 sqft of Skycourt Towers A, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. The developer sold it on 13 February 2013 for AED 513,800, or AED 472 per sqft, 4% above the AED 452 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 1 January 2023, is AED 33,000 a year: a gross yield of 6.4% on the 2013 price, before the service charge of about AED 12,200 a year.

Sales and rents for P315 over time

Sales
Unit P315, 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, February 2013: AED 513,800 (AED 472 per sqft)

P315 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit P315, 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, March 2013: AED 40,000 a yearNew contract, March 2014: AED 42,000 a yearNew contract, December 2020: AED 30,000 a yearNew contract, January 2022: AED 33,000 a yearRenewal, January 2023: AED 33,000 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 P315 sits

All 293 1-beds →

P315 last sold in February 2013 at AED 472 per sqft, 4% above what one-beds in Skycourt Towers A were fetching at the time (AED 452). 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. P315's AED 33,000 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 →

P315, Skycourt Towers A in numbers

  • Sold once: by Sky Courts on 13 February 2013 for AED 513,800, or AED 472 per sqft.
  • Rented since March 2013 on 5 Ejari contracts, from AED 40,000 to AED 33,000 a year.
  • At AED 33,000 a year the gross yield on the 2013 price is 6.4%, before a service charge of about AED 12,200 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 1 January 2023.

Questions about P315, Skycourt Towers A

What did unit P315 last sell for?

AED 513,800 on 13 February 2013, sold by the developer: AED 472 per sqft for 1,087 sqft. It is the only registered sale of the unit.

What is the rent for unit P315?

AED 33,000 a year on the contract renewed on 1 January 2023. The previous contract, from January 2022, was AED 33,000; the unit has been rented since March 2013.

How big is unit P315?

1,087 sqft (101.0 sqm): a one-bedroom apartment of a 21-storey tower completed in 2011.

What is unit P315 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 P315, Skycourt Towers A

Starts from the last sale price (AED 514K, 13 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 513,800
Deposit, UAE resident (20%)
AED 102,760
Deposit, non-resident (40%)
AED 205,520
Monthly over 25 years at 3.7%
AED 2,102

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