2-bed · 1,063 sqftSkycourt Towers B, Dubailand Residence Complex · 20th floor · completed 2011

2003, Skycourt Towers B

Sold prices and rental history: sold 3 times, last in April 2017, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2003 · DLD and Ejari recordsUpdated 10 January 2019
Last soldAED 413K24 April 2017
Current rentAED 60K /yr10 January 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2003, Skycourt Towers B

What is 2003 worth today?

Last sold for AED 412,500 in 2017

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10 Jan 2019RentedNew contract
AED 60,000/yr12 months · AED 56 per sqft
24 Apr 2017SoldReady
AED 412,500AED 388 per sqft
27 Feb 2016RentedNew contract
AED 68,000/yr12 months · AED 64 per sqft
26 Feb 2015RentedNew contract
AED 70,000/yr12 months · AED 66 per sqft
26 Feb 2014RentedNew contract
AED 68,000/yr12 months · AED 64 per sqft
18 May 2013RentedNew contract
AED 45,000/yr12 months · AED 42 per sqft
16 May 2012RentedNew contract
AED 41,000/yr12 months · AED 38 per sqft
15 Jun 2011SoldReady
AED 712,056AED 670 per sqft

Source: Dubai Land Department. Updated 10 January 2019.

Key facts

Type
2-bed apartment
Size
1,063 sqft
Floor
20th of 21
Parking
B B98
Developer
Sky Courts
Completed
2011
Service charge
AED 12,700 /yr
Last sold
AED 413K · April 2017

About 2003, Skycourt Towers B

2003 is a two-bedroom apartment of 1,063 sqft on the 20th floor of Skycourt Towers B, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. It last sold on 24 April 2017 for AED 412,500, or AED 388 per sqft, 37% below the AED 616 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, signed on 10 January 2019, is AED 60,000 a year: a gross yield of 14.5% on the 2017 price, before the service charge of about AED 12,700 a year.

Sales and rents for 2003 over time

Sales
Unit 2003, 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 712,056 (AED 670 per sqft)Sold, June 2011: AED 712,056 (AED 670 per sqft)Sold, April 2017: AED 412,500 (AED 388 per sqft)

2003 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2003, 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, May 2012: AED 41,000 a yearNew contract, May 2013: AED 45,000 a yearNew contract, February 2014: AED 68,000 a yearNew contract, February 2015: AED 70,000 a yearNew contract, February 2016: AED 68,000 a yearNew contract, January 2019: AED 60,000 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 2003 sits

All 214 2-beds →

2003 last sold in April 2017 at AED 388 per sqft, 37% below what two-beds in Skycourt Towers B were fetching at the time (AED 616). 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. 2003's AED 60,000 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 20th floor

All 468 units in Skycourt Towers B
Value
20012-bedAED 650K · Jan 2024
20022-bedAED 594K · Jun 2021
2004StudioAED 233K · Jun 2011
2005StudioAED 325K · Oct 2018
20062-bedAED 444K · Mar 2022
2007StudioAED 223K · Jul 2013
2008StudioAED 320K · Jul 2022
1–7 of 22

2003, Skycourt Towers B in numbers

  • Sold 3 times: first on 13 September 2009 for AED 712,056, last on 24 April 2017 for AED 412,500 (AED 388 per sqft).
  • Rented since May 2012 on 6 Ejari contracts, from AED 41,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2017 price is 14.5%, before a service charge of about AED 12,700 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 10 January 2019.

Questions about 2003, Skycourt Towers B

What did unit 2003 last sell for?

AED 412,500 on 24 April 2017: AED 388 per sqft for 1,063 sqft. The unit has 3 registered sales; the first was AED 712,056 in September 2009.

What is the rent for unit 2003?

AED 60,000 a year on the contract signed on 10 January 2019. The previous contract, from February 2016, was AED 68,000; the unit has been rented since May 2012.

How big is unit 2003?

1,063 sqft (98.8 sqm): a two-bedroom apartment on the 20th floor of a 21-storey tower completed in 2011.

What is unit 2003 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 2003, Skycourt Towers B

Starts from the last sale price (AED 413K, 24 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 412,500
Deposit, UAE resident (20%)
AED 82,500
Deposit, non-resident (40%)
AED 165,000
Monthly over 25 years at 3.7%
AED 1,688

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