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1-bed · 843 sqftSkycourt Towers B, Dubailand Residence Complex · 12th floor · completed 2011

1216, Skycourt Towers B

Sold prices and rental history: sold 3 times, last in March 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1216 · DLD and Ejari recordsUpdated 25 September 2024
Last soldAED 418K20 March 2019
Current rentAED 44K /yr25 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1216, Skycourt Towers B

What is 1216 worth today?

Last sold for AED 418,000 in 2019

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25 Sep 2024RentedRenewal
AED 44,000/yr12 months · AED 52 per sqft
25 Sep 2023RentedNew contract
AED 40,000/yr12 months · AED 47 per sqft
5 Dec 2022RentedNew contract
AED 34,000/yr12 months · AED 40 per sqft
3 Jan 2022RentedNew contract
AED 27,000/yr12 months · AED 32 per sqft
20 Mar 2019SoldReady
AED 418,000AED 496 per sqft
23 Apr 2018RentedNew contract
AED 50,000/yr12 months · AED 60 per sqft
22 Jul 2014RentedNew contract
AED 48,000/yr12 months · AED 57 per sqft
22 Jul 2013RentedNew contract
AED 43,000/yr12 months · AED 51 per sqft

Source: Dubai Land Department. Updated 25 September 2024.

Key facts

Type
1-bed apartment
Size
843 sqft
Floor
12th of 21
Parking
P1 B92
Developer
Sky Courts
Completed
2011
Service charge
AED 10,100 /yr
Last sold
AED 418K · March 2019
Building
Skycourt Towers B

About 1216, Skycourt Towers B

1216 is a one-bedroom apartment of 843 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 20 March 2019 for AED 418,000, or AED 496 per sqft, 37% below the AED 784 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 25 September 2024, is AED 44,000 a year: a gross yield of 10.5% on the 2019 price, before the service charge of about AED 10,100 a year.

Sales and rents for 1216 over time

Sales
Unit 1216, 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 2009: AED 598,493 (AED 710 per sqft)Sold, February 2012: AED 598,493 (AED 710 per sqft)Sold, March 2019: AED 418,000 (AED 496 per sqft)

1216 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1216, 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, July 2013: AED 43,000 a yearNew contract, July 2014: AED 48,000 a yearNew contract, April 2018: AED 50,000 a yearNew contract, January 2022: AED 27,000 a yearNew contract, December 2022: AED 34,000 a yearNew contract, September 2023: AED 40,000 a yearRenewal, September 2024: AED 44,000 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 1216 sits

All 162 1-beds →

1216 last sold in March 2019 at AED 496 per sqft, 37% below what one-beds in Skycourt Towers B were fetching at the time (AED 784). 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. 1216's AED 44,000 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 12th floor

All 468 units in Skycourt Towers B
Value
12012-bedAED 650K · Mar 2019
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
1–7 of 23

1216, Skycourt Towers B in numbers

  • Sold 3 times: first on 13 September 2009 for AED 598,493, last on 20 March 2019 for AED 418,000 (AED 496 per sqft).
  • Rented since July 2013 on 7 Ejari contracts. The rent fell from AED 43,000 to AED 27,000 in 2022 and recovered to AED 44,000 by September 2024.
  • At AED 44,000 a year the gross yield on the 2019 price is 10.5%, 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 25 September 2024.

Questions about 1216, Skycourt Towers B

What did unit 1216 last sell for?

AED 418,000 on 20 March 2019: AED 496 per sqft for 843 sqft. The unit has 3 registered sales; the first was AED 598,493 in September 2009.

What is the rent for unit 1216?

AED 44,000 a year on the contract renewed on 25 September 2024. The previous contract, from September 2023, was AED 40,000; the unit has been rented since July 2013.

How big is unit 1216?

843 sqft (78.3 sqm): a one-bedroom apartment on the 12th floor of a 21-storey tower completed in 2011.

What is unit 1216 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 1216, Skycourt Towers B

Starts from the last sale price (AED 418K, 20 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 418,000
Deposit, UAE resident (20%)
AED 83,600
Deposit, non-resident (40%)
AED 167,200
Monthly over 25 years at 3.7%
AED 1,710

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