2-bed · 441 sqftSkycourt Towers B, Dubailand Residence Complex · 4th floor · completed 2011

422, Skycourt Towers B

Sold prices and rental history: sold twice, last in November 2011, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 422 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 712K21 November 2011
Current rentAED 48K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 422, Skycourt Towers B

What is 422 worth today?

Last sold for AED 712,056 in 2011

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1 Nov 2024RentedRenewal
AED 48,000/yr12 months · AED 44 per sqft
1 Nov 2023RentedRenewal
AED 40,000/yr12 months · AED 36 per sqft
1 Nov 2022RentedNew contract
AED 38,000/yr12 months · AED 35 per sqft
1 Oct 2021RentedNew contract
AED 31,000/yr12 months · AED 28 per sqft
25 Aug 2020RentedNew contract
AED 35,000/yr12 months · AED 32 per sqft
25 Jun 2019RentedRenewal
AED 48,000/yr12 months · AED 44 per sqft
25 Jun 2018RentedNew contract
AED 53,000/yr12 months · AED 48 per sqft
21 Nov 2011SoldReady
AED 712,056AED 1,613 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
2-bed apartment
Size
441 sqft
Floor
4th of 21
Parking
P2/B-93
Developer
Sky Courts
Completed
2011
Service charge
AED 5,300 /yr
Last sold
AED 712K · November 2011

About 422, Skycourt Towers B

422 is a two-bedroom apartment of 441 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 21 November 2011 for AED 712,056, or AED 1,613 per sqft, 340% above the AED 367 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 1 November 2024, is AED 48,000 a year: a gross yield of 6.7% on the 2011 price, before the service charge of about AED 5,300 a year.

Sales and rents for 422 over time

Sales
Unit 422, 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 712,056 (AED 650 per sqft)Sold, November 2011: AED 712,056 (AED 1,613 per sqft)

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

Rents
Unit 422, 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, June 2018: AED 53,000 a yearRenewal, June 2019: AED 48,000 a yearNew contract, August 2020: AED 35,000 a yearNew contract, October 2021: AED 31,000 a yearNew contract, November 2022: AED 38,000 a yearRenewal, November 2023: AED 40,000 a yearRenewal, November 2024: AED 48,000 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 422 sits

All 214 2-beds →

422 last sold in November 2011 at AED 1,613 per sqft, 340% above what two-beds in Skycourt Towers B were fetching at the time (AED 367). 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. 422's AED 48,000 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

422, Skycourt Towers B in numbers

  • Sold twice: first on 29 July 2009 for AED 712,056, last on 21 November 2011 for AED 712,056 (AED 1,613 per sqft).
  • Rented since June 2018 on 7 Ejari contracts. The rent fell from AED 53,000 to AED 31,000 in 2021 and recovered to AED 48,000 by November 2024.
  • At AED 48,000 a year the gross yield on the 2011 price is 6.7%, before a service charge of about AED 5,300 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 November 2024.

Questions about 422, Skycourt Towers B

What did unit 422 last sell for?

AED 712,056 on 21 November 2011: AED 1,613 per sqft for 441 sqft. The unit has 2 registered sales; the first was AED 712,056 in July 2009.

What is the rent for unit 422?

AED 48,000 a year on the contract renewed on 1 November 2024. The previous contract, from November 2023, was AED 40,000; the unit has been rented since June 2018.

How big is unit 422?

441 sqft (41.0 sqm): a two-bedroom apartment on the 4th floor of a 21-storey tower completed in 2011.

What is unit 422 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 422, Skycourt Towers B

Starts from the last sale price (AED 712K, 21 November 2011). Switch to today's estimate once you have unlocked it.
Price
AED 712,056
Deposit, UAE resident (20%)
AED 142,411
Deposit, non-resident (40%)
AED 284,822
Monthly over 25 years at 3.7%
AED 2,913

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