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2-bed · 1,094 sqftSkycourt Towers B, Dubailand Residence Complex · 14th floor · completed 2011

1422, Skycourt Towers B

Sold prices and rental history: sold once, by the developer in October 2023, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1422 · DLD and Ejari recordsUpdated 5 March 2024
Last soldAED 711K23 October 2023
Current rentAED 46K /yr5 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1422, Skycourt Towers B

What is 1422 worth today?

Last sold for AED 711,191 in 2023

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5 Mar 2024RentedRenewal
AED 45,540/yr12 months · AED 42 per sqft
23 Oct 2023Sold by developerReady
AED 711,191AED 649 per sqft
5 Mar 2023RentedRenewal
AED 39,600/yr12 months · AED 36 per sqft
5 Mar 2022RentedRenewal
AED 33,000/yr12 months · AED 30 per sqft
5 Mar 2021RentedNew contract
AED 30,000/yr12 months · AED 27 per sqft
5 Jan 2020RentedNew contract
AED 50,000/yr14 months · AED 46 per sqft
5 Dec 2018RentedNew contract
AED 60,000/yr13 months · AED 55 per sqft
1 Jul 2017RentedNew contract
AED 62,000/yr12 months · AED 57 per sqft

Source: Dubai Land Department. Updated 5 March 2024.

Key facts

Type
2-bed apartment
Size
1,094 sqft
Floor
14th of 21
Parking
P1/B-146
Developer
Sky Courts
Completed
2011
Service charge
AED 13,100 /yr
Last sold
AED 711K · October 2023
Building
Skycourt Towers B

About 1422, Skycourt Towers B

1422 is a two-bedroom apartment of 1,094 sqft on the 14th floor of Skycourt Towers B, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. The developer sold it on 23 October 2023 for AED 711,191, or AED 649 per sqft, 32% above the AED 491 two-beds in the building were fetching at the time.

It has been rented continuously since 2011 on 10 Ejari contracts. The current contract, renewed on 5 March 2024, is AED 45,540 a year: a gross yield of 6.4% on the 2023 price, before the service charge of about AED 13,100 a year.

Sales and rents for 1422 over time

Sales
Unit 1422, 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 2023: AED 711,191 (AED 649 per sqft)

1422 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1422, 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, August 2011: AED 40,949 a yearNew contract, September 2014: AED 47,296 a yearNew contract, December 2014: AED 55,000 a yearNew contract, July 2017: AED 62,000 a yearNew contract, December 2018: AED 60,000 a yearNew contract, January 2020: AED 50,000 a yearNew contract, March 2021: AED 30,000 a yearRenewal, March 2022: AED 33,000 a yearRenewal, March 2023: AED 39,600 a yearRenewal, March 2024: AED 45,540 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 1422 sits

All 214 2-beds →

1422 last sold in October 2023 at AED 649 per sqft, 32% above what two-beds in Skycourt Towers B were fetching at the time (AED 491). 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. 1422's AED 45,540 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

1422, Skycourt Towers B in numbers

  • Sold once: by Sky Courts on 23 October 2023 for AED 711,191, or AED 649 per sqft.
  • Rented since August 2011 on 10 Ejari contracts. The rent fell from AED 40,949 to AED 30,000 in 2021 and recovered to AED 45,540 by March 2024.
  • At AED 45,540 a year the gross yield on the 2023 price is 6.4%, before a service charge of about AED 13,100 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 5 March 2024.

Questions about 1422, Skycourt Towers B

What did unit 1422 last sell for?

AED 711,191 on 23 October 2023, sold by the developer: AED 649 per sqft for 1,094 sqft. It is the only registered sale of the unit.

What is the rent for unit 1422?

AED 45,540 a year on the contract renewed on 5 March 2024. The previous contract, from March 2023, was AED 39,600; the unit has been rented since August 2011.

How big is unit 1422?

1,094 sqft (101.6 sqm): a two-bedroom apartment on the 14th floor of a 21-storey tower completed in 2011.

What is unit 1422 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 1422, Skycourt Towers B

Starts from the last sale price (AED 711K, 23 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 711,191
Deposit, UAE resident (20%)
AED 142,238
Deposit, non-resident (40%)
AED 284,476
Monthly over 25 years at 3.7%
AED 2,910

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