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1-bed · 734 sqftSkycourt Towers B, Dubailand Residence Complex · 1st floor · completed 2011

118, Skycourt Towers B

Sold prices and rental history: sold 3 times, last in August 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 118 · DLD and Ejari recordsUpdated 4 October 2020
Last soldAED 495K1 August 2017
Current rentAED 22K /yr4 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 118, Skycourt Towers B

What is 118 worth today?

Last sold for AED 495,000 in 2017

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4 Oct 2020RentedNew contract
AED 22,000/yr12 months · AED 30 per sqft
15 Aug 2019RentedRenewal
AED 38,000/yr12 months · AED 52 per sqft
15 Aug 2018RentedRenewal
AED 42,000/yr12 months · AED 57 per sqft
15 Aug 2017RentedNew contract
AED 45,000/yr12 months · AED 61 per sqft
1 Aug 2017SoldReady
AED 495,000AED 674 per sqft
27 Oct 2016RentedNew contract
AED 50,000/yr12 months · AED 68 per sqft
9 Oct 2013RentedNew contract
AED 31,446/yr11 months · AED 43 per sqft
5 Oct 2011SoldReady
AED 250,673AED 341 per sqft

Source: Dubai Land Department. Updated 4 October 2020.

Key facts

Type
1-bed apartment
Size
734 sqft
Floor
1st of 21
Parking
P2 B18
Developer
Sky Courts
Completed
2011
Service charge
AED 8,800 /yr
Last sold
AED 495K · August 2017
Building
Skycourt Towers B

About 118, Skycourt Towers B

118 is a one-bedroom apartment of 734 sqft on the 1st 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 495,000, or AED 674 per sqft, 26% above the AED 533 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 4 October 2020, is AED 22,000 a year: a gross yield of 4.4% on the 2017 price, before the service charge of about AED 8,800 a year.

Sales and rents for 118 over time

Sales
Unit 118, 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, October 2009: AED 250,673 (AED 341 per sqft)Sold, October 2011: AED 250,673 (AED 341 per sqft)Sold, August 2017: AED 495,000 (AED 674 per sqft)

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

Rents
Unit 118, each contractTypical one-bed in Skycourt Towers B
20K40K2012201620202024Typical 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, October 2013: AED 31,446 a yearNew contract, October 2016: AED 50,000 a yearNew contract, August 2017: AED 45,000 a yearRenewal, August 2018: AED 42,000 a yearRenewal, August 2019: AED 38,000 a yearNew contract, October 2020: AED 22,000 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 118 sits

All 162 1-beds →

118 last sold in August 2017 at AED 674 per sqft, 26% above what one-beds in Skycourt Towers B were fetching at the time (AED 533). 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. 118's AED 22,000 is at the bottom 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 1st floor

All 468 units in Skycourt Towers B
Value
1012-bedAED 800K · Aug 2025
1022-bedAED 371K · Jan 2013
1032-bedAED 750K · May 2026
104StudioAED 112K · Dec 2015
105StudioAED 147K · Aug 2015
1062-bedAED 686K · Oct 2012
107StudioAED 112K · Dec 2015
1–7 of 22

118, Skycourt Towers B in numbers

  • Sold 3 times: first on 23 October 2009 for AED 250,673, last on 1 August 2017 for AED 495,000 (AED 674 per sqft).
  • Rented since October 2013 on 6 Ejari contracts, from AED 31,446 to AED 22,000 a year.
  • At AED 22,000 a year the gross yield on the 2017 price is 4.4%, before a service charge of about AED 8,800 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 4 October 2020.

Questions about 118, Skycourt Towers B

What did unit 118 last sell for?

AED 495,000 on 1 August 2017: AED 674 per sqft for 734 sqft. The unit has 3 registered sales; the first was AED 250,673 in October 2009.

What is the rent for unit 118?

AED 22,000 a year on the contract signed on 4 October 2020. The previous contract, from August 2019, was AED 38,000; the unit has been rented since October 2013.

How big is unit 118?

734 sqft (68.2 sqm): a one-bedroom apartment on the 1st floor of a 21-storey tower completed in 2011.

What is unit 118 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 118, Skycourt Towers B

Starts from the last sale price (AED 495K, 1 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 495,000
Deposit, UAE resident (20%)
AED 99,000
Deposit, non-resident (40%)
AED 198,000
Monthly over 25 years at 3.7%
AED 2,025

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