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

203, Skycourt Towers B

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

Unit 203 · DLD and Ejari recordsUpdated 1 October 2022
Last soldAED 500K30 September 2022
Current rentAED 42K /yr1 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 203, Skycourt Towers B

What is 203 worth today?

Last sold for AED 500,000 in 2022

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1 Oct 2022RentedNew contract
AED 42,000/yr12 months · AED 39 per sqft
30 Sep 2022SoldReady
AED 500,000AED 470 per sqft
12 Oct 2021SoldReady
AED 405,000AED 381 per sqft
5 Aug 2021RentedRenewal
AED 32,000/yr12 months · AED 30 per sqft
5 Aug 2020RentedRenewal
AED 37,000/yr12 months · AED 35 per sqft
5 Aug 2019RentedRenewal
AED 43,000/yr12 months · AED 40 per sqft
5 Aug 2018RentedRenewal
AED 55,000/yr12 months · AED 52 per sqft
5 Aug 2017RentedNew contract
AED 63,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 1 October 2022.

Key facts

Type
2-bed apartment
Size
1,063 sqft
Floor
2nd of 21
Parking
P2 B26
Developer
Sky Courts
Completed
2011
Service charge
AED 12,700 /yr
Last sold
AED 500K · September 2022
Building
Skycourt Towers B

About 203, Skycourt Towers B

203 is a two-bedroom apartment of 1,063 sqft on the 2nd floor of Skycourt Towers B, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. It last sold on 30 September 2022 for AED 500,000, or AED 470 per sqft, 8% above the AED 434 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 1 October 2022, is AED 42,000 a year: a gross yield of 8.4% on the 2022 price, before the service charge of about AED 12,700 a year.

Sales and rents for 203 over time

Sales
Unit 203, 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 904,239 (AED 850 per sqft)Sold, December 2011: AED 685,684 (AED 645 per sqft)Sold, October 2021: AED 405,000 (AED 381 per sqft)Sold, September 2022: AED 500,000 (AED 470 per sqft)

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

Rents
Unit 203, 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, March 2013: AED 38,000 a yearNew contract, March 2014: AED 43,700 a yearNew contract, August 2016: AED 65,000 a yearNew contract, August 2017: AED 63,000 a yearRenewal, August 2018: AED 55,000 a yearRenewal, August 2019: AED 43,000 a yearRenewal, August 2020: AED 37,000 a yearRenewal, August 2021: AED 32,000 a yearNew contract, October 2022: AED 42,000 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 203 sits

All 214 2-beds →

203 last sold in September 2022 at AED 470 per sqft, 8% above what two-beds in Skycourt Towers B were fetching at the time (AED 434). 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. 203's AED 42,000 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 2nd floor

All 468 units in Skycourt Towers B
Value
2012-bedAED 360K · Jul 2011
2022-bedAED 578K · Jul 2021
204StudioAED 225K · Oct 2022
205StudioAED 472K · Sep 2022
2062-bedAED 686K · Oct 2012
207StudioAED 327K · Sep 2013
208StudioAED 300K · Oct 2013
1–7 of 22

203, Skycourt Towers B in numbers

  • Sold 4 times: first on 29 July 2009 for AED 904,239, last on 30 September 2022 for AED 500,000 (AED 470 per sqft).
  • Rented since March 2013 on 9 Ejari contracts. The rent fell from AED 38,000 to AED 32,000 in 2021 and recovered to AED 42,000 by October 2022.
  • At AED 42,000 a year the gross yield on the 2022 price is 8.4%, 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 1 October 2022.

Questions about 203, Skycourt Towers B

What did unit 203 last sell for?

AED 500,000 on 30 September 2022: AED 470 per sqft for 1,063 sqft. The unit has 4 registered sales; the first was AED 904,239 in July 2009.

What is the rent for unit 203?

AED 42,000 a year on the contract signed on 1 October 2022. The previous contract, from August 2021, was AED 32,000; the unit has been rented since March 2013.

How big is unit 203?

1,063 sqft (98.8 sqm): a two-bedroom apartment on the 2nd floor of a 21-storey tower completed in 2011.

What is unit 203 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 203, Skycourt Towers B

Starts from the last sale price (AED 500K, 30 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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