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2-bed · 1,247 sqftSkycourt Towers B, Dubailand Residence Complex · 17th floor · completed 2011

1723, Skycourt Towers B

Sold prices and rental history: sold 4 times, last in November 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1723 · DLD and Ejari recordsUpdated 17 November 2022
Last soldAED 550K17 November 2022
Current rentAED 38K /yr1 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1723, Skycourt Towers B

What is 1723 worth today?

Last sold for AED 550,000 in 2022

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17 Nov 2022SoldReady
AED 550,000AED 441 per sqft
1 Aug 2021RentedNew contract
AED 37,500/yr12 months · AED 30 per sqft
11 Jun 2020SoldReady
AED 673,484AED 540 per sqft
5 Feb 2020RentedNew contract
AED 45,000/yr12 months · AED 36 per sqft
5 Jan 2019RentedRenewal
AED 59,535/yr12 months · AED 48 per sqft
5 Jan 2018RentedRenewal
AED 59,535/yr12 months · AED 48 per sqft
5 Jan 2017RentedRenewal
AED 56,700/yr12 months · AED 45 per sqft
5 Jan 2016RentedNew contract
AED 54,000/yr12 months · AED 43 per sqft

Source: Dubai Land Department. Updated 17 November 2022.

Key facts

Type
2-bed apartment
Size
1,247 sqft
Floor
17th of 21
Parking
B B49
Developer
Sky Courts
Completed
2011
Service charge
AED 14,900 /yr
Last sold
AED 550K · November 2022
Building
Skycourt Towers B

About 1723, Skycourt Towers B

1723 is a two-bedroom apartment of 1,247 sqft on the 17th floor of Skycourt Towers B, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. It last sold on 17 November 2022 for AED 550,000, or AED 441 per sqft, in line with the AED 438 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 1 August 2021, is AED 37,500 a year: a gross yield of 6.8% on the 2022 price, before the service charge of about AED 14,900 a year.

Sales and rents for 1723 over time

Sales
Unit 1723, 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 1,103,312 (AED 884 per sqft)Sold, May 2014: AED 1,103,313 (AED 884 per sqft)Sold, June 2020: AED 673,484 (AED 540 per sqft)Sold, November 2022: AED 550,000 (AED 441 per sqft)

1723 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1723, 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, January 2013: AED 43,000 a yearNew contract, January 2015: AED 51,700 a yearNew contract, January 2016: AED 54,000 a yearRenewal, January 2017: AED 56,700 a yearRenewal, January 2018: AED 59,535 a yearRenewal, January 2019: AED 59,535 a yearNew contract, February 2020: AED 45,000 a yearNew contract, August 2021: AED 37,500 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 1723 sits

All 214 2-beds →

1723 last sold in November 2022 at AED 441 per sqft, in line with what two-beds in Skycourt Towers B were fetching at the time (AED 438). 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. 1723's AED 37,500 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 17th floor

All 468 units in Skycourt Towers B
Value
17012-bedAED 710K · Nov 2023
17022-bedAED 840K · Apr 2016
17032-bedAED 985K · Jan 2026
1704StudioAED 142K · Dec 2015
1705StudioAED 182K · Dec 2012
17062-bedAED 650K · Nov 2022
1707StudioAED 283K · Jul 2009
1–7 of 22

1723, Skycourt Towers B in numbers

  • Sold 4 times: first on 22 July 2009 for AED 1,103,312, last on 17 November 2022 for AED 550,000 (AED 441 per sqft).
  • Rented since January 2013 on 8 Ejari contracts, from AED 43,000 to AED 37,500 a year.
  • At AED 37,500 a year the gross yield on the 2022 price is 6.8%, 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 17 November 2022.

Questions about 1723, Skycourt Towers B

What did unit 1723 last sell for?

AED 550,000 on 17 November 2022: AED 441 per sqft for 1,247 sqft. The unit has 4 registered sales; the first was AED 1,103,312 in July 2009.

What is the rent for unit 1723?

AED 37,500 a year on the contract signed on 1 August 2021. The previous contract, from February 2020, was AED 45,000; the unit has been rented since January 2013.

How big is unit 1723?

1,247 sqft (115.9 sqm): a two-bedroom apartment on the 17th floor of a 21-storey tower completed in 2011.

What is unit 1723 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 1723, Skycourt Towers B

Starts from the last sale price (AED 550K, 17 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

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