2-bed · 1,287 sqftSkycourt Towers B, Dubailand Residence Complex · 16th floor · completed 2011

1602, Skycourt Towers B

Sold prices and rental history: sold 3 times, last in April 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1602 · DLD and Ejari recordsUpdated 12 April 2022
Last soldAED 560K12 April 2022
Current rentAED 35K /yr1 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1602, Skycourt Towers B

What is 1602 worth today?

Last sold for AED 560,374 in 2022

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12 Apr 2022SoldReady
AED 560,374AED 435 per sqft
1 Mar 2021RentedNew contract
AED 35,000/yr12 months · AED 27 per sqft
10 Sep 2017RentedNew contract
AED 64,000/yr12 months · AED 50 per sqft
1 Sep 2015RentedNew contract
AED 75,000/yr12 months · AED 58 per sqft
20 Dec 2013RentedNew contract
AED 48,000/yr12 months · AED 37 per sqft
25 Oct 2011SoldReady
AED 871,905AED 677 per sqft
13 Sep 2009Sold by developerOff-plan
AED 871,905AED 677 per sqft

Source: Dubai Land Department. Updated 12 April 2022.

Key facts

Type
2-bed apartment
Size
1,287 sqft
Floor
16th of 21
Parking
B B5
Developer
Sky Courts
Completed
2011
Service charge
AED 15,400 /yr
Last sold
AED 560K · April 2022

About 1602, Skycourt Towers B

1602 is a two-bedroom apartment of 1,287 sqft on the 16th floor of Skycourt Towers B, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. It last sold on 12 April 2022 for AED 560,374, or AED 435 per sqft, in line with the AED 435 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 1 March 2021, is AED 35,000 a year: a gross yield of 6.3% on the 2022 price, before the service charge of about AED 15,400 a year.

Sales and rents for 1602 over time

Sales
Unit 1602, 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 871,905 (AED 677 per sqft)Sold, October 2011: AED 871,905 (AED 677 per sqft)Sold, April 2022: AED 560,374 (AED 435 per sqft)

1602 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1602, 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, December 2013: AED 48,000 a yearNew contract, September 2015: AED 75,000 a yearNew contract, September 2017: AED 64,000 a yearNew contract, March 2021: AED 35,000 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 1602 sits

All 214 2-beds →

1602 last sold in April 2022 at AED 435 per sqft, in line with what two-beds in Skycourt Towers B were fetching at the time (AED 435). 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. 1602's AED 35,000 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 16th floor

All 468 units in Skycourt Towers B
Value
16012-bedAED 748K · Jun 2011
16032-bedAED 920K · Apr 2025
1604StudioAED 283K · Jun 2013
1605StudioAED 363K · Sep 2009
16062-bedAED 895K · Jul 2025
1607StudioAED 370K · Sep 2016
1608StudioAED 300K · Oct 2013
1–7 of 22

1602, Skycourt Towers B in numbers

  • Sold 3 times: first on 13 September 2009 for AED 871,905, last on 12 April 2022 for AED 560,374 (AED 435 per sqft).
  • Rented since December 2013 on 4 Ejari contracts, from AED 48,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2022 price is 6.3%, before a service charge of about AED 15,400 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 12 April 2022.

Questions about 1602, Skycourt Towers B

What did unit 1602 last sell for?

AED 560,374 on 12 April 2022: AED 435 per sqft for 1,287 sqft. The unit has 3 registered sales; the first was AED 871,905 in September 2009.

What is the rent for unit 1602?

AED 35,000 a year on the contract signed on 1 March 2021. The previous contract, from September 2017, was AED 64,000; the unit has been rented since December 2013.

How big is unit 1602?

1,287 sqft (119.6 sqm): a two-bedroom apartment on the 16th floor of a 21-storey tower completed in 2011.

What is unit 1602 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 1602, Skycourt Towers B

Starts from the last sale price (AED 560K, 12 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 560,374
Deposit, UAE resident (20%)
AED 112,075
Deposit, non-resident (40%)
AED 224,150
Monthly over 25 years at 3.7%
AED 2,293

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