2-bed · 1,268 sqftSkycourt Towers B, Dubailand Residence Complex · 4th floor · completed 2011

412, Skycourt Towers B

Sold prices and rental history: sold once, by the developer in June 2023, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 412 · DLD and Ejari recordsUpdated 5 June 2023
Last soldAED 824K5 June 2023
Current rentAED 37K /yr5 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 412, Skycourt Towers B

What is 412 worth today?

Last sold for AED 824,304 in 2023

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5 Jun 2023Sold by developerReady
AED 824,304AED 649 per sqft
5 Mar 2022RentedNew contract
AED 37,000/yr6 months · AED 29 per sqft
5 Feb 2021RentedRenewal
AED 35,000/yr12 months · AED 28 per sqft
5 Feb 2020RentedNew contract
AED 43,200/yr12 months · AED 34 per sqft
13 Apr 2015RentedNew contract
AED 75,000/yr12 months · AED 59 per sqft
15 Sep 2011RentedNew contract
AED 47,706/yr37 months · AED 38 per sqft

Source: Dubai Land Department. Updated 5 June 2023.

Key facts

Type
2-bed apartment
Size
1,268 sqft
Floor
4th of 21
Parking
P2 B83
Developer
Sky Courts
Completed
2011
Service charge
AED 15,200 /yr
Last sold
AED 824K · June 2023

About 412, Skycourt Towers B

412 is a two-bedroom apartment of 1,268 sqft on the 4th floor of Skycourt Towers B, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. The developer sold it on 5 June 2023 for AED 824,304, or AED 649 per sqft, 44% above the AED 450 two-beds in the building were fetching at the time.

It has been rented continuously since 2011 on 5 Ejari contracts. The current contract, signed on 5 March 2022, is AED 37,000 a year: a gross yield of 4.5% on the 2023 price, before the service charge of about AED 15,200 a year.

Sales and rents for 412 over time

Sales
Unit 412, 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, June 2023: AED 824,304 (AED 649 per sqft)

412 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 412, 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, September 2011: AED 47,706 a yearNew contract, April 2015: AED 75,000 a yearNew contract, February 2020: AED 43,200 a yearRenewal, February 2021: AED 35,000 a yearNew contract, March 2022: AED 37,000 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 412 sits

All 214 2-beds →

412 last sold in June 2023 at AED 649 per sqft, 44% above what two-beds in Skycourt Towers B were fetching at the time (AED 450). 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. 412's AED 37,000 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 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
407StudioAED 190K · Oct 2011
1–7 of 23

412, Skycourt Towers B in numbers

  • Sold once: by Sky Courts on 5 June 2023 for AED 824,304, or AED 649 per sqft.
  • Rented since September 2011 on 5 Ejari contracts, from AED 47,706 to AED 37,000 a year.
  • At AED 37,000 a year the gross yield on the 2023 price is 4.5%, 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 5 June 2023.

Questions about 412, Skycourt Towers B

What did unit 412 last sell for?

AED 824,304 on 5 June 2023, sold by the developer: AED 649 per sqft for 1,268 sqft. It is the only registered sale of the unit.

What is the rent for unit 412?

AED 37,000 a year on the contract signed on 5 March 2022. The previous contract, from February 2021, was AED 35,000; the unit has been rented since September 2011.

How big is unit 412?

1,268 sqft (117.8 sqm): a two-bedroom apartment on the 4th floor of a 21-storey tower completed in 2011.

What is unit 412 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 412, Skycourt Towers B

Starts from the last sale price (AED 824K, 5 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 824,304
Deposit, UAE resident (20%)
AED 164,861
Deposit, non-resident (40%)
AED 329,722
Monthly over 25 years at 3.7%
AED 3,372

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