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Studio · 428 sqftSkycourt Towers B, Dubailand Residence Complex · 14th floor · completed 2011

1408, Skycourt Towers B

Sold prices and rental history: sold twice, last in April 2017, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1408 · DLD and Ejari recordsUpdated 16 October 2019
Last soldAED 395K3 April 2017
Current rentAED 23K /yr16 October 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1408, Skycourt Towers B

What is 1408 worth today?

Last sold for AED 395,000 in 2017

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16 Oct 2019RentedNew contract
AED 23,000/yr12 months · AED 54 per sqft
3 Apr 2017SoldReady
AED 395,000AED 923 per sqft
4 Jan 2016Sold by developerReady
AED 141,685AED 331 per sqft
15 Dec 2015RentedNew contract
AED 38,000/yr12 months · AED 88 per sqft
15 Dec 2014RentedNew contract
AED 38,000/yr12 months · AED 88 per sqft

Source: Dubai Land Department. Updated 16 October 2019.

Key facts

Type
Studio apartment
Size
428 sqft
Floor
14th of 21
Parking
P1 B132
Developer
Sky Courts
Completed
2011
Service charge
AED 5,100 /yr
Last sold
AED 395K · April 2017
Building
Skycourt Towers B

About 1408, Skycourt Towers B

1408 is a studio of 428 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 3 April 2017 for AED 395,000, or AED 923 per sqft, 4% above the AED 888 studios in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 16 October 2019, is AED 23,000 a year: a gross yield of 5.8% on the 2017 price, before the service charge of about AED 5,100 a year.

Sales and rents for 1408 over time

Sales
Unit 1408, each saleTypical studio in Skycourt Towers B
200K400K2009201420192024Typical sale price by year: 2009 AED 232,508; 2011 AED 272,874; 2012 AED 232,508; 2013 AED 283,369; 2014 AED 397,500; 2015 AED 141,685; 2016 AED 380,000; 2017 AED 395,000; 2018 AED 470,157; 2019 AED 468,086; 2020 AED 220,000; 2021 AED 212,500; 2022 AED 225,000; 2023 AED 275,000; 2024 AED 345,000; 2025 AED 390,000; 2026 AED 370,000Sold by developer, January 2016: AED 141,685 (AED 331 per sqft)Sold, April 2017: AED 395,000 (AED 923 per sqft)

1408 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1408, each contractTypical studio in Skycourt Towers B
20K30K40K2012201620202024Typical rent by year: 2012 AED 23,013; 2013 AED 26,000; 2014 AED 36,769; 2015 AED 35,000; 2016 AED 40,000; 2017 AED 37,000; 2018 AED 33,000; 2019 AED 27,000; 2020 AED 22,000; 2021 AED 18,500; 2022 AED 21,000; 2023 AED 25,920; 2024 AED 30,000; 2025 AED 36,000; 2026 AED 37,000New contract, December 2014: AED 38,000 a yearNew contract, December 2015: AED 38,000 a yearNew contract, October 2019: AED 23,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Skycourt Towers B, and where 1408 sits

All 115 studios →

1408 last sold in April 2017 at AED 923 per sqft, 4% above what studios in Skycourt Towers B were fetching at the time (AED 888). Over the last 12 months studios sold for AED 320,000 to 420,000, around AED 815 per sqft, and rent for AED 19,000 to 78,000 a year. 1408's AED 23,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
25 Sep 2026360,000
14 Sep 2026382,557
5 Aug 2026420,000
21 Jul 2026370,000
5 studio 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
14022-bedAED 790K · Jul 2024
14032-bedAED 785K · Aug 2024
1404StudioAED 290K · Sep 2023
1405StudioAED 363K · Sep 2009
14062-bedAED 1.2M · Oct 2018
1407StudioAED 365K · May 2024
1–7 of 23

1408, Skycourt Towers B in numbers

  • Sold twice: first on 4 January 2016 for AED 141,685, last on 3 April 2017 for AED 395,000 (AED 923 per sqft).
  • Rented since December 2014 on 3 Ejari contracts, from AED 38,000 to AED 23,000 a year.
  • At AED 23,000 a year the gross yield on the 2017 price is 5.8%, before a service charge of about AED 5,100 a year (AED 11.97 per sqft).
  • Studios in Skycourt Towers B sold for AED 320,000–420,000 in the 12 months to November 2026; the building's median across all types is AED 710 per sqft.

Source: Dubai Land Department. Updated 16 October 2019.

Questions about 1408, Skycourt Towers B

What did unit 1408 last sell for?

AED 395,000 on 3 April 2017: AED 923 per sqft for 428 sqft. The unit has 2 registered sales; the first was AED 141,685 in January 2016.

What is the rent for unit 1408?

AED 23,000 a year on the contract signed on 16 October 2019. The previous contract, from December 2015, was AED 38,000; the unit has been rented since December 2014.

How big is unit 1408?

428 sqft (39.8 sqm): a studio on the 14th floor of a 21-storey tower completed in 2011.

What is unit 1408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Skycourt Towers B sold for AED 320,000 to 420,000 in the last 12 months, around AED 815 per sqft.

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Mortgage on 1408, Skycourt Towers B

Starts from the last sale price (AED 395K, 3 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 395,000
Deposit, UAE resident (20%)
AED 79,000
Deposit, non-resident (40%)
AED 158,000
Monthly over 25 years at 3.7%
AED 1,616

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