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1-bed · 843 sqftSkycourt Towers B, Dubailand Residence Complex · 15th floor · completed 2011

1516, Skycourt Towers B

Sold prices and rental history: sold 3 times, last in April 2016, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1516 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 528K21 April 2016
Current rentAED 43K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1516, Skycourt Towers B

What is 1516 worth today?

Last sold for AED 527,750 in 2016

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1 Jul 2024RentedRenewal
AED 43,000/yr12 months · AED 51 per sqft
1 Jul 2023RentedNew contract
AED 38,500/yr12 months · AED 46 per sqft
1 Jul 2021RentedNew contract
AED 27,000/yr12 months · AED 32 per sqft
15 Feb 2019RentedRenewal
AED 42,000/yr12 months · AED 50 per sqft
15 Feb 2018RentedNew contract
AED 48,000/yr12 months · AED 57 per sqft
21 Apr 2016SoldReady
AED 527,750AED 626 per sqft
22 Dec 2014RentedNew contract
AED 85,000/yr12 months · AED 101 per sqft
23 Apr 2014SoldReady
AED 299,247AED 355 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
1-bed apartment
Size
843 sqft
Floor
15th of 21
Parking
P1 B164
Developer
Sky Courts
Completed
2011
Service charge
AED 10,100 /yr
Last sold
AED 528K · April 2016
Building
Skycourt Towers B

About 1516, Skycourt Towers B

1516 is a one-bedroom apartment of 843 sqft on the 15th floor of Skycourt Towers B, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. It last sold on 21 April 2016 for AED 527,750, or AED 626 per sqft, 11% below the AED 702 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 1 July 2024, is AED 43,000 a year: a gross yield of 8.2% on the 2016 price, before the service charge of about AED 10,100 a year.

Sales and rents for 1516 over time

Sales
Unit 1516, each saleTypical one-bed in Skycourt Towers B
500K2009201420192024Typical sale price by year: 2009 AED 516,200; 2011 AED 294,941; 2012 AED 516,200; 2013 AED 410,000; 2014 AED 598,493; 2015 AED 575,000; 2016 AED 537,750; 2017 AED 495,000; 2018 AED 853,080; 2019 AED 421,500; 2020 AED 455,093; 2021 AED 377,500; 2022 AED 337,500; 2023 AED 411,250; 2024 AED 492,500; 2025 AED 548,881; 2026 AED 565,000Sold by developer, October 2009: AED 299,247 (AED 355 per sqft)Sold, April 2014: AED 299,247 (AED 355 per sqft)Sold, April 2016: AED 527,750 (AED 626 per sqft)

1516 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1516, each contractTypical one-bed in Skycourt Towers B
50K2012201620202024Typical rent by year: 2012 AED 32,095; 2013 AED 36,000; 2014 AED 42,000; 2015 AED 50,000; 2016 AED 52,000; 2017 AED 50,000; 2018 AED 45,000; 2019 AED 37,000; 2020 AED 30,000; 2021 AED 26,000; 2022 AED 29,000; 2023 AED 34,000; 2024 AED 41,000; 2025 AED 47,000; 2026 AED 49,000New contract, December 2014: AED 85,000 a yearNew contract, February 2018: AED 48,000 a yearRenewal, February 2019: AED 42,000 a yearNew contract, July 2021: AED 27,000 a yearNew contract, July 2023: AED 38,500 a yearRenewal, July 2024: AED 43,000 a year

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

1-beds in Skycourt Towers B, and where 1516 sits

All 162 1-beds →

1516 last sold in April 2016 at AED 626 per sqft, 11% below what one-beds in Skycourt Towers B were fetching at the time (AED 702). Over the last 12 months one-beds sold for AED 167,760 to 630,000, around AED 701 per sqft, and rent for AED 30,000 to 130,000 a year. 1516's AED 43,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Sep 2026589,897
14 Aug 2026453,830
20 Jul 2026515,000
20 Jul 2026167,760
13 1-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 15th floor

All 468 units in Skycourt Towers B
Value
15012-bedAED 748K · May 2012
15022-bedAED 840K · Oct 2024
1504StudioAED 420K · Aug 2026
1505StudioAED 360K · Jun 2013
15062-bedAED 872K · Oct 2013
1507StudioAED 300K · Dec 2023
1508StudioAED 283K · Feb 2012
1–7 of 21

1516, Skycourt Towers B in numbers

  • Sold 3 times: first on 23 October 2009 for AED 299,247, last on 21 April 2016 for AED 527,750 (AED 626 per sqft).
  • Rented since December 2014 on 6 Ejari contracts. The rent fell from AED 85,000 to AED 27,000 in 2021 and recovered to AED 43,000 by July 2024.
  • At AED 43,000 a year the gross yield on the 2016 price is 8.2%, before a service charge of about AED 10,100 a year (AED 11.97 per sqft).
  • One-beds in Skycourt Towers B sold for AED 167,760–630,000 in the 12 months to November 2026; the building's median across all types is AED 710 per sqft.

Source: Dubai Land Department. Updated 1 July 2024.

Questions about 1516, Skycourt Towers B

What did unit 1516 last sell for?

AED 527,750 on 21 April 2016: AED 626 per sqft for 843 sqft. The unit has 3 registered sales; the first was AED 299,247 in October 2009.

What is the rent for unit 1516?

AED 43,000 a year on the contract renewed on 1 July 2024. The previous contract, from July 2023, was AED 38,500; the unit has been rented since December 2014.

How big is unit 1516?

843 sqft (78.3 sqm): a one-bedroom apartment on the 15th floor of a 21-storey tower completed in 2011.

What is unit 1516 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Skycourt Towers B sold for AED 167,760 to 630,000 in the last 12 months, around AED 701 per sqft.

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Mortgage on 1516, Skycourt Towers B

Starts from the last sale price (AED 528K, 21 April 2016). Switch to today's estimate once you have unlocked it.
Price
AED 527,750
Deposit, UAE resident (20%)
AED 105,550
Deposit, non-resident (40%)
AED 211,100
Monthly over 25 years at 3.7%
AED 2,159

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