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2-bed · 1,268 sqftSkycourt Towers B, Dubailand Residence Complex · 16th floor · completed 2011

1612, Skycourt Towers B

Sold prices and rental history: sold 3 times, last in October 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1612 · DLD and Ejari recordsUpdated 4 November 2024
Last soldAED 750K24 October 2023
Current rentAED 64K /yr4 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1612, Skycourt Towers B

What is 1612 worth today?

Last sold for AED 750,000 in 2023

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4 Nov 2024RentedRenewal
AED 63,823/yr12 months · AED 51 per sqft
4 Nov 2023RentedNew contract
AED 62,000/yr12 months · AED 49 per sqft
24 Oct 2023SoldReady
AED 750,000AED 591 per sqft
10 Jun 2019RentedNew contract
AED 50,000/yr12 months · AED 39 per sqft
11 May 2018RentedNew contract
AED 60,000/yr12 months · AED 47 per sqft
12 Apr 2017RentedRenewal
AED 70,000/yr12 months · AED 55 per sqft
12 Apr 2016RentedRenewal
AED 73,000/yr12 months · AED 57 per sqft
12 Apr 2015RentedNew contract
AED 73,000/yr12 months · AED 57 per sqft

Source: Dubai Land Department. Updated 4 November 2024.

Key facts

Type
2-bed apartment
Size
1,268 sqft
Floor
16th of 21
Parking
B B15
Developer
Sky Courts
Completed
2011
Service charge
AED 15,200 /yr
Last sold
AED 750K · October 2023
Building
Skycourt Towers B

About 1612, Skycourt Towers B

1612 is a two-bedroom apartment of 1,268 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 24 October 2023 for AED 750,000, or AED 591 per sqft, 19% above the AED 498 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 4 November 2024, is AED 63,823 a year: a gross yield of 8.5% on the 2023 price, before the service charge of about AED 15,200 a year.

Sales and rents for 1612 over time

Sales
Unit 1612, 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, July 2009: AED 867,815 (AED 684 per sqft)Sold, December 2012: AED 433,907 (AED 342 per sqft)Sold, October 2023: AED 750,000 (AED 591 per sqft)

1612 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1612, 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, February 2013: AED 41,000 a yearNew contract, April 2014: AED 73,000 a yearNew contract, December 2014: AED 50,000 a yearNew contract, April 2015: AED 73,000 a yearRenewal, April 2016: AED 73,000 a yearRenewal, April 2017: AED 70,000 a yearNew contract, May 2018: AED 60,000 a yearNew contract, June 2019: AED 50,000 a yearNew contract, November 2023: AED 62,000 a yearRenewal, November 2024: AED 63,823 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 1612 sits

All 214 2-beds →

1612 last sold in October 2023 at AED 591 per sqft, 19% above what two-beds in Skycourt Towers B were fetching at the time (AED 498). 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. 1612's AED 63,823 is in the lower half 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
16022-bedAED 560K · Apr 2022
16032-bedAED 920K · Apr 2025
1604StudioAED 283K · Jun 2013
1605StudioAED 363K · Sep 2009
16062-bedAED 895K · Jul 2025
1607StudioAED 370K · Sep 2016
1–7 of 22

1612, Skycourt Towers B in numbers

  • Sold 3 times: first on 29 July 2009 for AED 867,815, last on 24 October 2023 for AED 750,000 (AED 591 per sqft).
  • Rented since February 2013 on 10 Ejari contracts, from AED 41,000 to AED 63,823 a year.
  • At AED 63,823 a year the gross yield on the 2023 price is 8.5%, before a service charge of about AED 15,200 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 4 November 2024.

Questions about 1612, Skycourt Towers B

What did unit 1612 last sell for?

AED 750,000 on 24 October 2023: AED 591 per sqft for 1,268 sqft. The unit has 3 registered sales; the first was AED 867,815 in July 2009.

What is the rent for unit 1612?

AED 63,823 a year on the contract renewed on 4 November 2024. The previous contract, from November 2023, was AED 62,000; the unit has been rented since February 2013.

How big is unit 1612?

1,268 sqft (117.8 sqm): a two-bedroom apartment on the 16th floor of a 21-storey tower completed in 2011.

What is unit 1612 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 1612, Skycourt Towers B

Starts from the last sale price (AED 750K, 24 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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