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Studio · 428 sqftSkycourt Towers B, Dubailand Residence Complex · 16th floor · completed 2011

1607, Skycourt Towers B

Sold prices and rental history: sold 4 times, last in September 2016, and rented once, from December 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1607 · DLD and Ejari recordsUpdated 27 September 2016
Last soldAED 370K27 September 2016
Current rentAED 40K /yr8 December 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1607, Skycourt Towers B

What is 1607 worth today?

Last sold for AED 370,000 in 2016

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27 Sep 2016SoldReady
AED 370,000AED 864 per sqft
8 Dec 2014RentedNew contract
AED 40,000/yr12 months · AED 93 per sqft
4 Aug 2011SoldReady
AED 190,000AED 444 per sqft
4 Aug 2011SoldReady
AED 283,369AED 662 per sqft
29 Jul 2009Sold by developerOff-plan
AED 283,369AED 662 per sqft

Source: Dubai Land Department. Updated 27 September 2016.

Key facts

Type
Studio apartment
Size
428 sqft
Floor
16th of 21
Parking
B B10
Developer
Sky Courts
Completed
2011
Service charge
AED 5,100 /yr
Last sold
AED 370K · September 2016
Building
Skycourt Towers B

About 1607, Skycourt Towers B

1607 is a studio of 428 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 27 September 2016 for AED 370,000, or AED 864 per sqft, 10% above the AED 789 studios in the building were fetching at the time.

One Ejari contract is registered, from 8 December 2014. The current contract, signed on 8 December 2014, is AED 40,000 a year: a gross yield of 10.8% on the 2016 price, before the service charge of about AED 5,100 a year.

Sales and rents for 1607 over time

Sales
Unit 1607, each saleTypical studio in Skycourt Towers B
200K400K2009201420192024Typical sale price by year: 2009 AED 232,508; 2011 AED 272,874; 2012 AED 232,508; 2013 AED 283,369; 2014 AED 397,500; 2015 AED 141,685; 2016 AED 380,000; 2017 AED 395,000; 2018 AED 470,157; 2019 AED 468,086; 2020 AED 220,000; 2021 AED 212,500; 2022 AED 225,000; 2023 AED 275,000; 2024 AED 345,000; 2025 AED 390,000; 2026 AED 370,000Sold by developer, July 2009: AED 283,369 (AED 662 per sqft)Sold, August 2011: AED 190,000 (AED 444 per sqft)Sold, August 2011: AED 283,369 (AED 662 per sqft)Sold, September 2016: AED 370,000 (AED 864 per sqft)

1607 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1607, each contractTypical studio in Skycourt Towers B
20K30K40K2012201620202024Typical rent by year: 2012 AED 23,013; 2013 AED 26,000; 2014 AED 36,769; 2015 AED 35,000; 2016 AED 40,000; 2017 AED 37,000; 2018 AED 33,000; 2019 AED 27,000; 2020 AED 22,000; 2021 AED 18,500; 2022 AED 21,000; 2023 AED 25,920; 2024 AED 30,000; 2025 AED 36,000; 2026 AED 37,000New contract, December 2014: AED 40,000 a year

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

Studios in Skycourt Towers B, and where 1607 sits

All 115 studios →

1607 last sold in September 2016 at AED 864 per sqft, 10% above what studios in Skycourt Towers B were fetching at the time (AED 789). Over the last 12 months studios sold for AED 320,000 to 420,000, around AED 815 per sqft, and rent for AED 19,000 to 78,000 a year. 1607's AED 40,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
25 Sep 2026360,000
14 Sep 2026382,557
5 Aug 2026420,000
21 Jul 2026370,000
5 studio 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
16022-bedAED 560K · Apr 2022
16032-bedAED 920K · Apr 2025
1604StudioAED 283K · Jun 2013
1605StudioAED 363K · Sep 2009
16062-bedAED 895K · Jul 2025
1608StudioAED 300K · Oct 2013
1–7 of 22

1607, Skycourt Towers B in numbers

  • Sold 4 times: first on 29 July 2009 for AED 283,369, last on 27 September 2016 for AED 370,000 (AED 864 per sqft).
  • Rented since December 2014 on one Ejari contract, at AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2016 price is 10.8%, before a service charge of about AED 5,100 a year (AED 11.97 per sqft).
  • Studios in Skycourt Towers B sold for AED 320,000–420,000 in the 12 months to November 2026; the building's median across all types is AED 710 per sqft.

Source: Dubai Land Department. Updated 27 September 2016.

Questions about 1607, Skycourt Towers B

What did unit 1607 last sell for?

AED 370,000 on 27 September 2016: AED 864 per sqft for 428 sqft. The unit has 4 registered sales; the first was AED 283,369 in July 2009.

What is the rent for unit 1607?

AED 40,000 a year on the contract signed on 8 December 2014.

How big is unit 1607?

428 sqft (39.8 sqm): a studio on the 16th floor of a 21-storey tower completed in 2011.

What is unit 1607 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Skycourt Towers B sold for AED 320,000 to 420,000 in the last 12 months, around AED 815 per sqft.

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Mortgage on 1607, Skycourt Towers B

Starts from the last sale price (AED 370K, 27 September 2016). Switch to today's estimate once you have unlocked it.
Price
AED 370,000
Deposit, UAE resident (20%)
AED 74,000
Deposit, non-resident (40%)
AED 148,000
Monthly over 25 years at 3.7%
AED 1,514

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