Studio · 546 sqftSkycourt Towers B, Dubailand Residence Complex · 4th floor · completed 2011

405, Skycourt Towers B

Sold prices and rental history: sold twice, last in September 2011, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 1 March 2021
Last soldAED 350K15 September 2011
Current rentAED 20K /yr1 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Skycourt Towers B

What is 405 worth today?

Last sold for AED 349,839 in 2011

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1 Mar 2021RentedRenewal
AED 20,000/yr12 months · AED 36 per sqft
1 Mar 2020RentedNew contract
AED 24,000/yr12 months · AED 44 per sqft
1 Apr 2019RentedNew contract
AED 28,000/yr12 months · AED 51 per sqft
1 Apr 2017RentedNew contract
AED 40,000/yr12 months · AED 73 per sqft
7 Aug 2016RentedNew contract
AED 44,000/yr12 months · AED 81 per sqft
15 Sep 2011SoldReady
AED 349,839AED 640 per sqft
29 Jul 2009Sold by developerOff-plan
AED 349,839AED 640 per sqft

Source: Dubai Land Department. Updated 1 March 2021.

Key facts

Type
Studio apartment
Size
546 sqft
Floor
4th of 21
Parking
P2 B75
Developer
Sky Courts
Completed
2011
Service charge
AED 6,500 /yr
Last sold
AED 350K · September 2011

About 405, Skycourt Towers B

405 is a studio of 546 sqft on the 4th floor of Skycourt Towers B, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. It last sold on 15 September 2011 for AED 349,839, or AED 640 per sqft, in line with the AED 640 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 1 March 2021, is AED 20,000 a year: a gross yield of 5.7% on the 2011 price, before the service charge of about AED 6,500 a year.

Sales and rents for 405 over time

Sales
Unit 405, 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, July 2009: AED 349,839 (AED 640 per sqft)Sold, September 2011: AED 349,839 (AED 640 per sqft)

405 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 405, 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, August 2016: AED 44,000 a yearNew contract, April 2017: AED 40,000 a yearNew contract, April 2019: AED 28,000 a yearNew contract, March 2020: AED 24,000 a yearRenewal, March 2021: AED 20,000 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 405 sits

All 115 studios →

405 last sold in September 2011 at AED 640 per sqft, in line with what studios in Skycourt Towers B were fetching at the time (AED 640). 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. 405's AED 20,000 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 4th floor

All 468 units in Skycourt Towers B
Value
4012-bedAED 375K · Dec 2016
4022-bedAED 1.17M · Sep 2018
4032-bedAED 836K · Jan 2024
404StudioAED 220K · May 2012
4062-bedAED 547K · Jan 2026
407StudioAED 190K · Oct 2011
408StudioAED 220K · Feb 2022
1–7 of 23

405, Skycourt Towers B in numbers

  • Sold twice: first on 29 July 2009 for AED 349,839, last on 15 September 2011 for AED 349,839 (AED 640 per sqft).
  • Rented since August 2016 on 5 Ejari contracts, from AED 44,000 to AED 20,000 a year.
  • At AED 20,000 a year the gross yield on the 2011 price is 5.7%, before a service charge of about AED 6,500 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 March 2021.

Questions about 405, Skycourt Towers B

What did unit 405 last sell for?

AED 349,839 on 15 September 2011: AED 640 per sqft for 546 sqft. The unit has 2 registered sales; the first was AED 349,839 in July 2009.

What is the rent for unit 405?

AED 20,000 a year on the contract renewed on 1 March 2021. The previous contract, from March 2020, was AED 24,000; the unit has been rented since August 2016.

How big is unit 405?

546 sqft (50.7 sqm): a studio on the 4th floor of a 21-storey tower completed in 2011.

What is unit 405 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 405, Skycourt Towers B

Starts from the last sale price (AED 350K, 15 September 2011). Switch to today's estimate once you have unlocked it.
Price
AED 349,839
Deposit, UAE resident (20%)
AED 69,968
Deposit, non-resident (40%)
AED 139,936
Monthly over 25 years at 3.7%
AED 1,431

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