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Studio · 468 sqftSkycourt Towers B, Dubailand Residence Complex · 20th floor · completed 2011

2005, Skycourt Towers B

Sold prices and rental history: sold 4 times, last in October 2018, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2005 · DLD and Ejari recordsUpdated 1 November 2023
Last soldAED 325K30 October 2018
Current rentAED 24K /yr1 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2005, Skycourt Towers B

What is 2005 worth today?

Last sold for AED 325,000 in 2018

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1 Nov 2023RentedNew contract
AED 24,000/yr12 months · AED 52 per sqft
20 Oct 2022RentedRenewal
AED 21,600/yr12 months · AED 47 per sqft
20 Oct 2021RentedNew contract
AED 15,000/yr12 months · AED 32 per sqft
15 Oct 2019RentedNew contract
AED 27,000/yr12 months · AED 58 per sqft
30 Oct 2018SoldReady
AED 325,000AED 695 per sqft
15 Oct 2017RentedNew contract
AED 36,000/yr12 months · AED 78 per sqft
24 Apr 2014SoldReady
AED 400,000AED 855 per sqft
27 Jan 2014SoldReady
AED 152,583AED 326 per sqft

Source: Dubai Land Department. Updated 1 November 2023.

Key facts

Type
Studio apartment
Size
468 sqft
Floor
20th of 21
Parking
B B101
Developer
Sky Courts
Completed
2011
Service charge
AED 5,600 /yr
Last sold
AED 325K · October 2018
Building
Skycourt Towers B

About 2005, Skycourt Towers B

2005 is a studio of 468 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 30 October 2018 for AED 325,000, or AED 695 per sqft, 16% below the AED 826 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 1 November 2023, is AED 24,000 a year: a gross yield of 7.4% on the 2018 price, before the service charge of about AED 5,600 a year.

Sales and rents for 2005 over time

Sales
Unit 2005, 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, October 2009: AED 152,583 (AED 326 per sqft)Sold, January 2014: AED 152,583 (AED 326 per sqft)Sold, April 2014: AED 400,000 (AED 855 per sqft)Sold, October 2018: AED 325,000 (AED 695 per sqft)

2005 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 2005, each contractTypical studio in Skycourt Towers B
20K40K2012201620202024Typical 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, October 2017: AED 36,000 a yearNew contract, October 2019: AED 27,000 a yearNew contract, October 2021: AED 15,000 a yearRenewal, October 2022: AED 21,600 a yearNew contract, November 2023: AED 24,000 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 2005 sits

All 115 studios →

2005 last sold in October 2018 at AED 695 per sqft, 16% below what studios in Skycourt Towers B were fetching at the time (AED 826). 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. 2005's AED 24,000 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 20th floor

All 468 units in Skycourt Towers B
Value
20012-bedAED 650K · Jan 2024
20022-bedAED 594K · Jun 2021
20032-bedAED 413K · Apr 2017
2004StudioAED 233K · Jun 2011
20062-bedAED 444K · Mar 2022
2007StudioAED 223K · Jul 2013
2008StudioAED 320K · Jul 2022
1–7 of 22

2005, Skycourt Towers B in numbers

  • Sold 4 times: first on 24 October 2009 for AED 152,583, last on 30 October 2018 for AED 325,000 (AED 695 per sqft).
  • Rented since October 2017 on 5 Ejari contracts. The rent fell from AED 36,000 to AED 15,000 in 2021 and recovered to AED 24,000 by November 2023.
  • At AED 24,000 a year the gross yield on the 2018 price is 7.4%, before a service charge of about AED 5,600 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 1 November 2023.

Questions about 2005, Skycourt Towers B

What did unit 2005 last sell for?

AED 325,000 on 30 October 2018: AED 695 per sqft for 468 sqft. The unit has 4 registered sales; the first was AED 152,583 in October 2009.

What is the rent for unit 2005?

AED 24,000 a year on the contract signed on 1 November 2023. The previous contract, from October 2022, was AED 21,600; the unit has been rented since October 2017.

How big is unit 2005?

468 sqft (43.5 sqm): a studio on the 20th floor of a 21-storey tower completed in 2011.

What is unit 2005 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 2005, Skycourt Towers B

Starts from the last sale price (AED 325K, 30 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 325,000
Deposit, UAE resident (20%)
AED 65,000
Deposit, non-resident (40%)
AED 130,000
Monthly over 25 years at 3.7%
AED 1,330

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