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2-bed · 1,287 sqftSkycourt Towers B, Dubailand Residence Complex · 14th floor · completed 2011

1402, Skycourt Towers B

Sold prices and rental history: sold 3 times, last in July 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1402 · DLD and Ejari recordsUpdated 15 July 2024
Last soldAED 790K15 July 2024
Current rentAED 45K /yr10 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1402, Skycourt Towers B

What is 1402 worth today?

Last sold for AED 790,000 in 2024

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15 Jul 2024SoldReady
AED 790,000AED 614 per sqft
10 Oct 2023RentedRenewal
AED 45,000/yr12 months · AED 35 per sqft
10 Oct 2022RentedRenewal
AED 41,500/yr12 months · AED 32 per sqft
10 Oct 2021RentedNew contract
AED 40,000/yr12 months · AED 31 per sqft
25 Aug 2020RentedNew contract
AED 48,000/yr12 months · AED 37 per sqft
25 Aug 2019RentedNew contract
AED 50,000/yr12 months · AED 39 per sqft
20 Jul 2018RentedNew contract
AED 60,000/yr12 months · AED 46 per sqft
3 Oct 2012SoldReady
AED 871,905AED 677 per sqft

Source: Dubai Land Department. Updated 15 July 2024.

Key facts

Type
2-bed apartment
Size
1,287 sqft
Floor
14th of 21
Parking
P1 B126
Developer
Sky Courts
Completed
2011
Service charge
AED 15,400 /yr
Last sold
AED 790K · July 2024
Building
Skycourt Towers B

About 1402, Skycourt Towers B

1402 is a two-bedroom apartment of 1,287 sqft on the 14th floor of Skycourt Towers B, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. It last sold on 15 July 2024 for AED 790,000, or AED 614 per sqft, 5% below the AED 649 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 10 October 2023, is AED 45,000 a year: a gross yield of 5.7% on the 2024 price, before the service charge of about AED 15,400 a year.

Sales and rents for 1402 over time

Sales
Unit 1402, 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, September 2009: AED 871,905 (AED 677 per sqft)Sold, October 2012: AED 871,905 (AED 677 per sqft)Sold, July 2024: AED 790,000 (AED 614 per sqft)

1402 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1402, 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, July 2018: AED 60,000 a yearNew contract, August 2019: AED 50,000 a yearNew contract, August 2020: AED 48,000 a yearNew contract, October 2021: AED 40,000 a yearRenewal, October 2022: AED 41,500 a yearRenewal, October 2023: AED 45,000 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 1402 sits

All 214 2-beds →

1402 last sold in July 2024 at AED 614 per sqft, 5% below what two-beds in Skycourt Towers B were fetching at the time (AED 649). 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. 1402's AED 45,000 is at the bottom 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 14th floor

All 468 units in Skycourt Towers B
Value
14012-bedAED 374K · Nov 2011
14032-bedAED 785K · Aug 2024
1404StudioAED 290K · Sep 2023
1405StudioAED 363K · Sep 2009
14062-bedAED 1.2M · Oct 2018
1407StudioAED 365K · May 2024
1408StudioAED 395K · Apr 2017
1–7 of 23

1402, Skycourt Towers B in numbers

  • Sold 3 times: first on 13 September 2009 for AED 871,905, last on 15 July 2024 for AED 790,000 (AED 614 per sqft).
  • Rented since July 2018 on 6 Ejari contracts. The rent fell from AED 60,000 to AED 40,000 in 2021 and recovered to AED 45,000 by October 2023.
  • At AED 45,000 a year the gross yield on the 2024 price is 5.7%, before a service charge of about AED 15,400 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 15 July 2024.

Questions about 1402, Skycourt Towers B

What did unit 1402 last sell for?

AED 790,000 on 15 July 2024: AED 614 per sqft for 1,287 sqft. The unit has 3 registered sales; the first was AED 871,905 in September 2009.

What is the rent for unit 1402?

AED 45,000 a year on the contract renewed on 10 October 2023. The previous contract, from October 2022, was AED 41,500; the unit has been rented since July 2018.

How big is unit 1402?

1,287 sqft (119.6 sqm): a two-bedroom apartment on the 14th floor of a 21-storey tower completed in 2011.

What is unit 1402 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 1402, Skycourt Towers B

Starts from the last sale price (AED 790K, 15 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 790,000
Deposit, UAE resident (20%)
AED 158,000
Deposit, non-resident (40%)
AED 316,000
Monthly over 25 years at 3.7%
AED 3,232

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