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2-bed · 1,093 sqftSkycourt Towers B, Dubailand Residence Complex · 12th floor · completed 2011

1201, Skycourt Towers B

Sold prices and rental history: sold 3 times, last in March 2019, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1201 · DLD and Ejari recordsUpdated 10 July 2023
Last soldAED 650K18 March 2019
Current rentAED 50K /yr10 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1201, Skycourt Towers B

What is 1201 worth today?

Last sold for AED 650,000 in 2019

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10 Jul 2023RentedRenewal
AED 49,866/yr24 months · AED 46 per sqft
10 Jul 2022RentedNew contract
AED 40,000/yr12 months · AED 37 per sqft
1 Jul 2021RentedNew contract
AED 36,000/yr12 months · AED 33 per sqft
18 Mar 2019SoldReady
AED 650,000AED 594 per sqft
1 Nov 2017RentedNew contract
AED 60,000/yr12 months · AED 55 per sqft
25 Oct 2016RentedNew contract
AED 70,000/yr12 months · AED 64 per sqft
15 Feb 2016RentedRenewal
AED 75,000/yr12 months · AED 68 per sqft
15 Feb 2015RentedNew contract
AED 75,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 10 July 2023.

Key facts

Type
2-bed apartment
Size
1,093 sqft
Floor
12th of 21
Parking
P1 B76
Developer
Sky Courts
Completed
2011
Service charge
AED 13,100 /yr
Last sold
AED 650K · March 2019
Building
Skycourt Towers B

About 1201, Skycourt Towers B

1201 is a two-bedroom apartment of 1,093 sqft on the 12th floor of Skycourt Towers B, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. It last sold on 18 March 2019 for AED 650,000, or AED 594 per sqft, 21% below the AED 750 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 10 July 2023, is AED 49,866 a year: a gross yield of 7.7% on the 2019 price, before the service charge of about AED 13,100 a year.

Sales and rents for 1201 over time

Sales
Unit 1201, 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, July 2009: AED 748,385 (AED 684 per sqft)Sold, July 2012: AED 748,385 (AED 684 per sqft)Sold, March 2019: AED 650,000 (AED 594 per sqft)

1201 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1201, each contractTypical two-bed in Skycourt Towers B
40K60K80K20112015201920232027Typical 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 2012: AED 31,000 a yearNew contract, January 2015: AED 55,000 a yearNew contract, February 2015: AED 75,000 a yearRenewal, February 2016: AED 75,000 a yearNew contract, October 2016: AED 70,000 a yearNew contract, November 2017: AED 60,000 a yearNew contract, July 2021: AED 36,000 a yearNew contract, July 2022: AED 40,000 a yearRenewal, July 2023: AED 49,866 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 1201 sits

All 214 2-beds →

1201 last sold in March 2019 at AED 594 per sqft, 21% below what two-beds in Skycourt Towers B were fetching at the time (AED 750). 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. 1201's AED 49,866 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 12th floor

All 468 units in Skycourt Towers B
Value
12022-bedAED 958K · Dec 2014
12032-bedAED 836K · Jan 2024
1204StudioAED 265K · Jul 2023
1205StudioAED 363K · Dec 2011
12062-bedAED 1.22M · Mar 2020
1207StudioAED 283K · Dec 2013
1208StudioAED 200K · May 2018
1–7 of 23

1201, Skycourt Towers B in numbers

  • Sold 3 times: first on 29 July 2009 for AED 748,385, last on 18 March 2019 for AED 650,000 (AED 594 per sqft).
  • Rented since October 2012 on 9 Ejari contracts, from AED 31,000 to AED 49,866 a year.
  • At AED 49,866 a year the gross yield on the 2019 price is 7.7%, 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 10 July 2023.

Questions about 1201, Skycourt Towers B

What did unit 1201 last sell for?

AED 650,000 on 18 March 2019: AED 594 per sqft for 1,093 sqft. The unit has 3 registered sales; the first was AED 748,385 in July 2009.

What is the rent for unit 1201?

AED 49,866 a year on the contract renewed on 10 July 2023. The previous contract, from July 2022, was AED 40,000; the unit has been rented since October 2012.

How big is unit 1201?

1,093 sqft (101.5 sqm): a two-bedroom apartment on the 12th floor of a 21-storey tower completed in 2011.

What is unit 1201 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 1201, Skycourt Towers B

Starts from the last sale price (AED 650K, 18 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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