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2-bed · 1,268 sqftSkycourt Towers B, Dubailand Residence Complex · 20th floor · completed 2011

2012, Skycourt Towers B

Sold prices and rental history: sold 4 times, last in December 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2012 · DLD and Ejari recordsUpdated 8 December 2022
Last soldAED 550K8 December 2022
Current rentAED 40K /yr1 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2012, Skycourt Towers B

What is 2012 worth today?

Last sold for AED 550,000 in 2022

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8 Dec 2022SoldReady
AED 550,000AED 433 per sqft
1 May 2022RentedRenewal
AED 40,000/yr12 months · AED 32 per sqft
1 Apr 2021RentedRenewal
AED 35,077/yr13 months · AED 28 per sqft
11 Jun 2020SoldReady
AED 684,873AED 540 per sqft
1 Apr 2020RentedNew contract
AED 45,000/yr12 months · AED 35 per sqft
1 Aug 2019RentedNew contract
AED 48,000/yr12 months · AED 38 per sqft
2 Jun 2018RentedRenewal
AED 60,000/yr13 months · AED 47 per sqft
2 Jun 2017RentedRenewal
AED 72,000/yr12 months · AED 57 per sqft

Source: Dubai Land Department. Updated 8 December 2022.

Key facts

Type
2-bed apartment
Size
1,268 sqft
Floor
20th of 21
Parking
B B108
Developer
Sky Courts
Completed
2011
Service charge
AED 15,200 /yr
Last sold
AED 550K · December 2022
Building
Skycourt Towers B

About 2012, Skycourt Towers B

2012 is a two-bedroom apartment of 1,268 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 8 December 2022 for AED 550,000, or AED 433 per sqft, in line with the AED 441 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 1 May 2022, is AED 40,000 a year: a gross yield of 7.3% on the 2022 price, before the service charge of about AED 15,200 a year.

Sales and rents for 2012 over time

Sales
Unit 2012, 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 1,116,342 (AED 880 per sqft)Sold, May 2014: AED 1,116,344 (AED 880 per sqft)Sold, June 2020: AED 684,873 (AED 540 per sqft)Sold, December 2022: AED 550,000 (AED 433 per sqft)

2012 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2012, each contractTypical two-bed in Skycourt Towers B
40K60K80K20112015201920232027Typical 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, March 2012: AED 43,500 a yearNew contract, June 2014: AED 75,000 a yearNew contract, June 2016: AED 72,000 a yearRenewal, June 2017: AED 72,000 a yearRenewal, June 2018: AED 60,000 a yearNew contract, August 2019: AED 48,000 a yearNew contract, April 2020: AED 45,000 a yearRenewal, April 2021: AED 35,077 a yearRenewal, May 2022: AED 40,000 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 2012 sits

All 214 2-beds →

2012 last sold in December 2022 at AED 433 per sqft, in line with what two-beds in Skycourt Towers B were fetching at the time (AED 441). 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. 2012's AED 40,000 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 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
2005StudioAED 325K · Oct 2018
20062-bedAED 444K · Mar 2022
2007StudioAED 223K · Jul 2013
1–7 of 22

2012, Skycourt Towers B in numbers

  • Sold 4 times: first on 22 July 2009 for AED 1,116,342, last on 8 December 2022 for AED 550,000 (AED 433 per sqft).
  • Rented since March 2012 on 9 Ejari contracts. The rent fell from AED 43,500 to AED 35,077 in 2021 and recovered to AED 40,000 by May 2022.
  • At AED 40,000 a year the gross yield on the 2022 price is 7.3%, 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 8 December 2022.

Questions about 2012, Skycourt Towers B

What did unit 2012 last sell for?

AED 550,000 on 8 December 2022: AED 433 per sqft for 1,268 sqft. The unit has 4 registered sales; the first was AED 1,116,342 in July 2009.

What is the rent for unit 2012?

AED 40,000 a year on the contract renewed on 1 May 2022. The previous contract, from April 2021, was AED 35,077; the unit has been rented since March 2012.

How big is unit 2012?

1,268 sqft (117.8 sqm): a two-bedroom apartment on the 20th floor of a 21-storey tower completed in 2011.

What is unit 2012 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 2012, Skycourt Towers B

Starts from the last sale price (AED 550K, 8 December 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 →