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2-bed · 1,247 sqftSkycourt Towers B, Dubailand Residence Complex · 14th floor · completed 2011

1423, Skycourt Towers B

Sold prices and rental history: sold twice, last in September 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1423 · DLD and Ejari recordsUpdated 10 February 2022
Last soldAED 875K30 September 2013
Current rentAED 40K /yr10 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1423, Skycourt Towers B

What is 1423 worth today?

Last sold for AED 875,296 in 2013

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10 Feb 2022RentedNew contract
AED 40,000/yr12 months · AED 32 per sqft
10 Feb 2021RentedRenewal
AED 40,000/yr12 months · AED 32 per sqft
10 Feb 2020RentedRenewal
AED 40,000/yr12 months · AED 32 per sqft
10 Feb 2019RentedRenewal
AED 40,000/yr12 months · AED 32 per sqft
10 Feb 2018RentedRenewal
AED 50,000/yr12 months · AED 40 per sqft
10 Feb 2017RentedRenewal
AED 50,000/yr12 months · AED 40 per sqft
10 Feb 2016RentedRenewal
AED 50,000/yr12 months · AED 40 per sqft
10 Feb 2015RentedRenewal
AED 50,000/yr12 months · AED 40 per sqft

Source: Dubai Land Department. Updated 10 February 2022.

Key facts

Type
2-bed apartment
Size
1,247 sqft
Floor
14th of 21
Parking
P1 B147
Developer
Sky Courts
Completed
2011
Service charge
AED 14,900 /yr
Last sold
AED 875K · September 2013
Building
Skycourt Towers B

About 1423, Skycourt Towers B

1423 is a two-bedroom apartment of 1,247 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 30 September 2013 for AED 875,296, or AED 701 per sqft, 105% above the AED 342 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, signed on 10 February 2022, is AED 40,000 a year: a gross yield of 4.6% on the 2013 price, before the service charge of about AED 14,900 a year.

Sales and rents for 1423 over time

Sales
Unit 1423, 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 875,296 (AED 701 per sqft)Sold, September 2013: AED 875,296 (AED 701 per sqft)

1423 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1423, 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, December 2012: AED 42,000 a yearNew contract, February 2014: AED 50,000 a yearRenewal, February 2015: AED 50,000 a yearRenewal, February 2016: AED 50,000 a yearRenewal, February 2017: AED 50,000 a yearRenewal, February 2018: AED 50,000 a yearRenewal, February 2019: AED 40,000 a yearRenewal, February 2020: AED 40,000 a yearRenewal, February 2021: AED 40,000 a yearNew contract, February 2022: AED 40,000 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 1423 sits

All 214 2-beds →

1423 last sold in September 2013 at AED 701 per sqft, 105% above what two-beds in Skycourt Towers B were fetching at the time (AED 342). 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. 1423's AED 40,000 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
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

1423, Skycourt Towers B in numbers

  • Sold twice: first on 13 September 2009 for AED 875,296, last on 30 September 2013 for AED 875,296 (AED 701 per sqft).
  • Rented since December 2012 on 10 Ejari contracts, from AED 42,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2013 price is 4.6%, before a service charge of about AED 14,900 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 10 February 2022.

Questions about 1423, Skycourt Towers B

What did unit 1423 last sell for?

AED 875,296 on 30 September 2013: AED 701 per sqft for 1,247 sqft. The unit has 2 registered sales; the first was AED 875,296 in September 2009.

What is the rent for unit 1423?

AED 40,000 a year on the contract signed on 10 February 2022. The previous contract, from February 2021, was AED 40,000; the unit has been rented since December 2012.

How big is unit 1423?

1,247 sqft (115.9 sqm): a two-bedroom apartment on the 14th floor of a 21-storey tower completed in 2011.

What is unit 1423 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 1423, Skycourt Towers B

Starts from the last sale price (AED 875K, 30 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 875,296
Deposit, UAE resident (20%)
AED 175,059
Deposit, non-resident (40%)
AED 350,118
Monthly over 25 years at 3.7%
AED 3,581

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