1-bed · 843 sqftSkycourt Towers B, Dubailand Residence Complex · 10th floor · completed 2011

1016, Skycourt Towers B

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

Unit 1016 · DLD and Ejari recordsUpdated 13 September 2022
Last soldAED 548K13 September 2022
Current rentAED 45K /yr8 August 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1016, Skycourt Towers B

What is 1016 worth today?

Last sold for AED 547,762 in 2022

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13 Sep 2022Sold by developerReady
AED 547,762AED 650 per sqft
8 Aug 2018RentedNew contract
AED 45,000/yr13 months · AED 53 per sqft
19 Jun 2017RentedRenewal
AED 50,000/yr12 months · AED 59 per sqft
19 Jun 2016RentedNew contract
AED 50,000/yr12 months · AED 59 per sqft
2 Oct 2014RentedRenewal
AED 38,358/yr12 months · AED 46 per sqft
26 Aug 2012RentedNew contract
AED 32,189/yr13 months · AED 38 per sqft

Source: Dubai Land Department. Updated 13 September 2022.

Key facts

Type
1-bed apartment
Size
843 sqft
Floor
10th of 21
Parking
P1 B43
Developer
Sky Courts
Completed
2011
Service charge
AED 10,100 /yr
Last sold
AED 548K · September 2022

About 1016, Skycourt Towers B

1016 is a one-bedroom apartment of 843 sqft on the 10th floor of Skycourt Towers B, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. The developer sold it on 13 September 2022 for AED 547,762, or AED 650 per sqft, 58% above the AED 411 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, signed on 8 August 2018, is AED 45,000 a year: a gross yield of 8.2% on the 2022 price, before the service charge of about AED 10,100 a year.

Sales and rents for 1016 over time

Sales
Unit 1016, each saleTypical one-bed in Skycourt Towers B
500K2009201420192024Typical sale price by year: 2009 AED 516,200; 2011 AED 294,941; 2012 AED 516,200; 2013 AED 410,000; 2014 AED 598,493; 2015 AED 575,000; 2016 AED 537,750; 2017 AED 495,000; 2018 AED 853,080; 2019 AED 421,500; 2020 AED 455,093; 2021 AED 377,500; 2022 AED 337,500; 2023 AED 411,250; 2024 AED 492,500; 2025 AED 548,881; 2026 AED 565,000Sold by developer, September 2022: AED 547,762 (AED 650 per sqft)

1016 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1016, each contractTypical one-bed in Skycourt Towers B
40K2012201620202024Typical rent by year: 2012 AED 32,095; 2013 AED 36,000; 2014 AED 42,000; 2015 AED 50,000; 2016 AED 52,000; 2017 AED 50,000; 2018 AED 45,000; 2019 AED 37,000; 2020 AED 30,000; 2021 AED 26,000; 2022 AED 29,000; 2023 AED 34,000; 2024 AED 41,000; 2025 AED 47,000; 2026 AED 49,000New contract, August 2012: AED 32,189 a yearRenewal, October 2014: AED 38,358 a yearNew contract, June 2016: AED 50,000 a yearRenewal, June 2017: AED 50,000 a yearNew contract, August 2018: AED 45,000 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 B, and where 1016 sits

All 162 1-beds →

1016 last sold in September 2022 at AED 650 per sqft, 58% above what one-beds in Skycourt Towers B were fetching at the time (AED 411). Over the last 12 months one-beds sold for AED 167,760 to 630,000, around AED 701 per sqft, and rent for AED 30,000 to 130,000 a year. 1016's AED 45,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Sep 2026589,897
14 Aug 2026453,830
20 Jul 2026515,000
20 Jul 2026167,760
13 1-bed sales in the last 12 months

Skycourt Towers B

Building

468 apartments, studios to 2-bed over 21 floors in Dubailand Residence Complex, completed in 2011 by Sky Courts. 42 sold in the last 12 months.

Typical price per sqft
AED 710 Up 6.2%
Typical sale
AED 722K
Typical rent
AED 49K /yr
Typical yield
8.8%
Skycourt Towers B, Dubailand Residence Complex: prices, sales and rents →

Other units on the 10th floor

All 468 units in Skycourt Towers B
Value
10012-bedAED 970K · Aug 2014
10022-bedAED 900K · Jan 2026
10032-bedAED 420K · Sep 2013
1004StudioAED 275K · Aug 2023
1005StudioAED 383K · Sep 2026
10062-bedAED 725K · Oct 2023
1007StudioAED 273K · Oct 2013
1–7 of 22

1016, Skycourt Towers B in numbers

  • Sold once: by Sky Courts on 13 September 2022 for AED 547,762, or AED 650 per sqft.
  • Rented since August 2012 on 5 Ejari contracts, from AED 32,189 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2022 price is 8.2%, before a service charge of about AED 10,100 a year (AED 11.97 per sqft).
  • One-beds in Skycourt Towers B sold for AED 167,760–630,000 in the 12 months to November 2026; the building's median across all types is AED 710 per sqft.

Source: Dubai Land Department. Updated 13 September 2022.

Questions about 1016, Skycourt Towers B

What did unit 1016 last sell for?

AED 547,762 on 13 September 2022, sold by the developer: AED 650 per sqft for 843 sqft. It is the only registered sale of the unit.

What is the rent for unit 1016?

AED 45,000 a year on the contract signed on 8 August 2018. The previous contract, from June 2017, was AED 50,000; the unit has been rented since August 2012.

How big is unit 1016?

843 sqft (78.3 sqm): a one-bedroom apartment on the 10th floor of a 21-storey tower completed in 2011.

What is unit 1016 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 B sold for AED 167,760 to 630,000 in the last 12 months, around AED 701 per sqft.

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Mortgage on 1016, Skycourt Towers B

Starts from the last sale price (AED 548K, 13 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 547,762
Deposit, UAE resident (20%)
AED 109,552
Deposit, non-resident (40%)
AED 219,105
Monthly over 25 years at 3.7%
AED 2,241

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