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

1218, Skycourt Towers B

Sold prices and rental history: sold twice, last in July 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1218 · DLD and Ejari recordsUpdated 28 March 2022
Last soldAED 598K31 July 2013
Current rentAED 29K /yr28 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1218, Skycourt Towers B

What is 1218 worth today?

Last sold for AED 598,493 in 2013

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28 Mar 2022RentedNew contract
AED 29,000/yr12 months · AED 34 per sqft
15 Mar 2021RentedNew contract
AED 27,000/yr12 months · AED 32 per sqft
4 Jan 2020RentedRenewal
AED 36,000/yr12 months · AED 43 per sqft
4 Jan 2019RentedNew contract
AED 39,000/yr12 months · AED 46 per sqft
1 May 2016RentedRenewal
AED 52,000/yr12 months · AED 62 per sqft
1 May 2015RentedNew contract
AED 52,000/yr12 months · AED 62 per sqft
1 May 2014RentedNew contract
AED 52,000/yr12 months · AED 62 per sqft
31 Jul 2013SoldReady
AED 598,493AED 710 per sqft

Source: Dubai Land Department. Updated 28 March 2022.

Key facts

Type
1-bed apartment
Size
843 sqft
Floor
12th of 21
Parking
P1 B94
Developer
Sky Courts
Completed
2011
Service charge
AED 10,100 /yr
Last sold
AED 598K · July 2013
Building
Skycourt Towers B

About 1218, Skycourt Towers B

1218 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 31 July 2013 for AED 598,493, or AED 710 per sqft, 58% above the AED 449 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 28 March 2022, is AED 29,000 a year: a gross yield of 4.9% on the 2013 price, before the service charge of about AED 10,100 a year.

Sales and rents for 1218 over time

Sales
Unit 1218, 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, July 2013: AED 598,493 (AED 710 per sqft)

1218 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1218, 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, May 2014: AED 52,000 a yearNew contract, May 2015: AED 52,000 a yearRenewal, May 2016: AED 52,000 a yearNew contract, January 2019: AED 39,000 a yearRenewal, January 2020: AED 36,000 a yearNew contract, March 2021: AED 27,000 a yearNew contract, March 2022: AED 29,000 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 1218 sits

All 162 1-beds →

1218 last sold in July 2013 at AED 710 per sqft, 58% above what one-beds in Skycourt Towers B were fetching at the time (AED 449). 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. 1218's AED 29,000 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 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

1218, Skycourt Towers B in numbers

  • Sold twice: first on 13 September 2009 for AED 598,493, last on 31 July 2013 for AED 598,493 (AED 710 per sqft).
  • Rented since May 2014 on 7 Ejari contracts, from AED 52,000 to AED 29,000 a year.
  • At AED 29,000 a year the gross yield on the 2013 price is 4.9%, 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 28 March 2022.

Questions about 1218, Skycourt Towers B

What did unit 1218 last sell for?

AED 598,493 on 31 July 2013: AED 710 per sqft for 843 sqft. The unit has 2 registered sales; the first was AED 598,493 in September 2009.

What is the rent for unit 1218?

AED 29,000 a year on the contract signed on 28 March 2022. The previous contract, from March 2021, was AED 27,000; the unit has been rented since May 2014.

How big is unit 1218?

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

What is unit 1218 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 1218, Skycourt Towers B

Starts from the last sale price (AED 598K, 31 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 598,493
Deposit, UAE resident (20%)
AED 119,699
Deposit, non-resident (40%)
AED 239,397
Monthly over 25 years at 3.7%
AED 2,449

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