Studio · 428 sqftSkycourt Towers B, Dubailand Residence Complex · 4th floor · completed 2011

407, Skycourt Towers B

Sold prices and rental history: sold 3 times, last in October 2011, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 10 September 2025
Last soldAED 190K27 October 2011
Current rentAED 38K /yr10 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Skycourt Towers B

What is 407 worth today?

Last sold for AED 190,000 in 2011

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10 Sep 2025RentedNew contract
AED 38,000/yr12 months · AED 89 per sqft
1 Sep 2025RentedRenewal
AED 27,115/yr8 months · AED 63 per sqft
1 Sep 2024RentedNew contract
AED 34,000/yr12 months · AED 79 per sqft
10 Jan 2021RentedNew contract
AED 17,000/yr12 months · AED 39 per sqft
15 May 2019RentedNew contract
AED 25,000/yr12 months · AED 58 per sqft
27 Oct 2011SoldReady
AED 190,000AED 444 per sqft
25 Oct 2011SoldReady
AED 272,874AED 637 per sqft
13 Sep 2009Sold by developerOff-plan
AED 272,874AED 637 per sqft

Source: Dubai Land Department. Updated 10 September 2025.

Key facts

Type
Studio apartment
Size
428 sqft
Floor
4th of 21
Parking
P2 B77
Developer
Sky Courts
Completed
2011
Service charge
AED 5,100 /yr
Last sold
AED 190K · October 2011

About 407, Skycourt Towers B

407 is a studio of 428 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 27 October 2011 for AED 190,000, or AED 444 per sqft, 30% below the AED 637 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 10 September 2025, is AED 38,000 a year: a gross yield of 20.0% on the 2011 price, before the service charge of about AED 5,100 a year.

Sales and rents for 407 over time

Sales
Unit 407, 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, September 2009: AED 272,874 (AED 637 per sqft)Sold, October 2011: AED 190,000 (AED 444 per sqft)Sold, October 2011: AED 272,874 (AED 637 per sqft)

407 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 407, 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, May 2019: AED 25,000 a yearNew contract, January 2021: AED 17,000 a yearNew contract, September 2024: AED 34,000 a yearNew contract, September 2025: AED 38,000 a yearRenewal, September 2025: AED 27,115 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 407 sits

All 115 studios →

407 last sold in October 2011 at AED 444 per sqft, 30% below what studios in Skycourt Towers B were fetching at the time (AED 637). 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. 407's AED 38,000 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
405StudioAED 350K · Sep 2011
4062-bedAED 547K · Jan 2026
408StudioAED 220K · Feb 2022
1–7 of 23

407, Skycourt Towers B in numbers

  • Sold 3 times: first on 13 September 2009 for AED 272,874, last on 27 October 2011 for AED 190,000 (AED 444 per sqft).
  • Rented since May 2019 on 5 Ejari contracts. The rent fell from AED 25,000 to AED 17,000 in 2021 and recovered to AED 38,000 by September 2025.
  • At AED 38,000 a year the gross yield on the 2011 price is 20.0%, before a service charge of about AED 5,100 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 10 September 2025.

Questions about 407, Skycourt Towers B

What did unit 407 last sell for?

AED 190,000 on 27 October 2011: AED 444 per sqft for 428 sqft. The unit has 3 registered sales; the first was AED 272,874 in September 2009.

What is the rent for unit 407?

AED 38,000 a year on the contract signed on 10 September 2025. The previous contract, from September 2025, was AED 27,115; the unit has been rented since May 2019.

How big is unit 407?

428 sqft (39.8 sqm): a studio on the 4th floor of a 21-storey tower completed in 2011.

What is unit 407 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 407, Skycourt Towers B

Starts from the last sale price (AED 190K, 27 October 2011). Switch to today's estimate once you have unlocked it.
Price
AED 190,000
Deposit, UAE resident (20%)
AED 38,000
Deposit, non-resident (40%)
AED 76,000
Monthly over 25 years at 3.7%
AED 777

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