2-bed · 1,094 sqftSkycourt Towers B, Dubailand Residence Complex · 10th floor · completed 2011

1022, Skycourt Towers B

Sold prices and rental history: sold 3 times, last in August 2017, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1022 · DLD and Ejari recordsUpdated 8 October 2017
Last soldAED 750K1 August 2017
Current rentAED 60K /yr8 October 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1022, Skycourt Towers B

What is 1022 worth today?

Last sold for AED 750,000 in 2017

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8 Oct 2017RentedNew contract
AED 60,000/yr12 months · AED 55 per sqft
1 Aug 2017SoldReady
AED 750,000AED 685 per sqft
8 Oct 2016RentedRenewal
AED 67,000/yr12 months · AED 61 per sqft
8 Oct 2015RentedNew contract
AED 67,000/yr12 months · AED 61 per sqft
12 Aug 2013SoldReady
AED 356,028AED 325 per sqft
23 Oct 2009Sold by developerOff-plan
AED 356,028AED 325 per sqft

Source: Dubai Land Department. Updated 8 October 2017.

Key facts

Type
2-bed apartment
Size
1,094 sqft
Floor
10th of 21
Parking
P1 B49
Developer
Sky Courts
Completed
2011
Service charge
AED 13,100 /yr
Last sold
AED 750K · August 2017

About 1022, Skycourt Towers B

1022 is a two-bedroom apartment of 1,094 sqft on the 10th floor of Skycourt Towers B, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. It last sold on 1 August 2017 for AED 750,000, or AED 685 per sqft, 11% above the AED 616 two-beds in the building were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, signed on 8 October 2017, is AED 60,000 a year: a gross yield of 8.0% on the 2017 price, before the service charge of about AED 13,100 a year.

Sales and rents for 1022 over time

Sales
Unit 1022, each saleTypical two-bed in Skycourt Towers B
500K1M2009201420192024Typical sale price by year: 2009 AED 712,056; 2011 AED 472,790; 2012 AED 712,056; 2013 AED 441,954; 2014 AED 951,120; 2015 AED 453,750; 2016 AED 730,000; 2017 AED 800,000; 2018 AED 925,000; 2019 AED 750,000; 2020 AED 1,050,000; 2021 AED 552,500; 2022 AED 550,000; 2023 AED 710,538; 2024 AED 790,000; 2025 AED 897,500; 2026 AED 900,000Sold by developer, October 2009: AED 356,028 (AED 325 per sqft)Sold, August 2013: AED 356,028 (AED 325 per sqft)Sold, August 2017: AED 750,000 (AED 685 per sqft)

1022 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1022, each contractTypical two-bed in Skycourt Towers B
40K60K20112015201920232027Typical rent by year: 2011 AED 47,223; 2012 AED 46,000; 2013 AED 50,000; 2014 AED 52,924; 2015 AED 70,000; 2016 AED 70,000; 2017 AED 65,175; 2018 AED 60,000; 2019 AED 50,000; 2020 AED 42,000; 2021 AED 37,000; 2022 AED 40,000; 2023 AED 45,000; 2024 AED 52,500; 2025 AED 65,000; 2026 AED 67,000New contract, October 2015: AED 67,000 a yearRenewal, October 2016: AED 67,000 a yearNew contract, October 2017: AED 60,000 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 B, and where 1022 sits

All 214 2-beds →

1022 last sold in August 2017 at AED 685 per sqft, 11% above what two-beds in Skycourt Towers B were fetching at the time (AED 616). Over the last 12 months two-beds sold for AED 546,593 to 1,031,200, around AED 705 per sqft, and rent for AED 49,315 to 120,000 a year. 1022's AED 60,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Oct 2026870,000
26 Oct 2026950,000
16 Sep 2026687,470
25 Aug 2026890,000
24 2-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

1022, Skycourt Towers B in numbers

  • Sold 3 times: first on 23 October 2009 for AED 356,028, last on 1 August 2017 for AED 750,000 (AED 685 per sqft).
  • Rented since October 2015 on 3 Ejari contracts, from AED 67,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2017 price is 8.0%, before a service charge of about AED 13,100 a year (AED 11.97 per sqft).
  • Two-beds in Skycourt Towers B sold for AED 546,593–1,031,200 in the 12 months to November 2026; the building's median across all types is AED 710 per sqft.

Source: Dubai Land Department. Updated 8 October 2017.

Questions about 1022, Skycourt Towers B

What did unit 1022 last sell for?

AED 750,000 on 1 August 2017: AED 685 per sqft for 1,094 sqft. The unit has 3 registered sales; the first was AED 356,028 in October 2009.

What is the rent for unit 1022?

AED 60,000 a year on the contract signed on 8 October 2017. The previous contract, from October 2016, was AED 67,000; the unit has been rented since October 2015.

How big is unit 1022?

1,094 sqft (101.6 sqm): a two-bedroom apartment on the 10th floor of a 21-storey tower completed in 2011.

What is unit 1022 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 B sold for AED 546,593 to 1,031,200 in the last 12 months, around AED 705 per sqft.

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Mortgage on 1022, Skycourt Towers B

Starts from the last sale price (AED 750K, 1 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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