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2-bed · 1,268 sqftSkycourt Towers B, Dubailand Residence Complex · 14th floor · completed 2011

1412, Skycourt Towers B

Sold prices and rental history: sold 3 times, last in July 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1412 · DLD and Ejari recordsUpdated 29 July 2021
Last soldAED 500K29 July 2021
Current rentAED 45K /yr15 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1412, Skycourt Towers B

What is 1412 worth today?

Last sold for AED 500,000 in 2021

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29 Jul 2021SoldReady
AED 500,000AED 394 per sqft
15 Jun 2020RentedRenewal
AED 44,759/yr6 months · AED 35 per sqft
16 Jun 2019RentedRenewal
AED 45,121/yr12 months · AED 36 per sqft
15 Jun 2018RentedNew contract
AED 59,834/yr12 months · AED 47 per sqft
25 Jan 2015RentedNew contract
AED 80,000/yr12 months · AED 63 per sqft
23 Jan 2013RentedNew contract
AED 51,017/yr11 months · AED 40 per sqft
30 Dec 2012SoldReady
AED 433,907AED 342 per sqft
23 Oct 2009Sold by developerOff-plan
AED 433,907AED 342 per sqft

Source: Dubai Land Department. Updated 29 July 2021.

Key facts

Type
2-bed apartment
Size
1,268 sqft
Floor
14th of 21
Parking
P1 B136
Developer
Sky Courts
Completed
2011
Service charge
AED 15,200 /yr
Last sold
AED 500K · July 2021
Building
Skycourt Towers B

About 1412, Skycourt Towers B

1412 is a two-bedroom apartment of 1,268 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 29 July 2021 for AED 500,000, or AED 394 per sqft, 28% below the AED 551 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 15 June 2020, is AED 44,759 a year: a gross yield of 8.9% on the 2021 price, before the service charge of about AED 15,200 a year.

Sales and rents for 1412 over time

Sales
Unit 1412, 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, October 2009: AED 433,907 (AED 342 per sqft)Sold, December 2012: AED 433,907 (AED 342 per sqft)Sold, July 2021: AED 500,000 (AED 394 per sqft)

1412 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1412, 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, January 2013: AED 51,017 a yearNew contract, January 2015: AED 80,000 a yearNew contract, June 2018: AED 59,834 a yearRenewal, June 2019: AED 45,121 a yearRenewal, June 2020: AED 44,759 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 1412 sits

All 214 2-beds →

1412 last sold in July 2021 at AED 394 per sqft, 28% below what two-beds in Skycourt Towers B were fetching at the time (AED 551). 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. 1412's AED 44,759 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
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

1412, Skycourt Towers B in numbers

  • Sold 3 times: first on 23 October 2009 for AED 433,907, last on 29 July 2021 for AED 500,000 (AED 394 per sqft).
  • Rented since January 2013 on 5 Ejari contracts, from AED 51,017 to AED 44,759 a year.
  • At AED 44,759 a year the gross yield on the 2021 price is 8.9%, before a service charge of about AED 15,200 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 29 July 2021.

Questions about 1412, Skycourt Towers B

What did unit 1412 last sell for?

AED 500,000 on 29 July 2021: AED 394 per sqft for 1,268 sqft. The unit has 3 registered sales; the first was AED 433,907 in October 2009.

What is the rent for unit 1412?

AED 44,759 a year on the contract renewed on 15 June 2020. The previous contract, from June 2019, was AED 45,121; the unit has been rented since January 2013.

How big is unit 1412?

1,268 sqft (117.8 sqm): a two-bedroom apartment on the 14th floor of a 21-storey tower completed in 2011.

What is unit 1412 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 1412, Skycourt Towers B

Starts from the last sale price (AED 500K, 29 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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