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Studio · 570 sqftSkycourt Towers B, Dubailand Residence Complex · 4th floor · completed 2011

424, Skycourt Towers B

Sold prices and rental history: sold once, by the developer in December 2018, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 424 · DLD and Ejari recordsUpdated 20 May 2025
Last soldAED 547K30 December 2018
Current rentAED 32K /yr20 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 424, Skycourt Towers B

What is 424 worth today?

Last sold for AED 546,869 in 2018

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20 May 2025RentedRenewal
AED 31,500/yr12 months · AED 55 per sqft
20 May 2024RentedRenewal
AED 30,000/yr12 months · AED 53 per sqft
20 May 2023RentedRenewal
AED 22,800/yr12 months · AED 40 per sqft
20 Apr 2022RentedNew contract
AED 19,000/yr13 months · AED 33 per sqft
2 Feb 2021RentedNew contract
AED 19,000/yr12 months · AED 33 per sqft
3 Nov 2019RentedNew contract
AED 24,000/yr13 months · AED 42 per sqft
30 Dec 2018Sold by developerReady
AED 546,869AED 960 per sqft
18 Oct 2018RentedRenewal
AED 32,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 20 May 2025.

Key facts

Type
Studio apartment
Size
570 sqft
Floor
4th of 21
Parking
P2 B96
Developer
Sky Courts
Completed
2011
Service charge
AED 6,800 /yr
Last sold
AED 547K · December 2018
Building
Skycourt Towers B

About 424, Skycourt Towers B

424 is a studio of 570 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 30 December 2018 for AED 546,869, or AED 960 per sqft, 5% above the AED 912 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 20 May 2025, is AED 31,500 a year: a gross yield of 5.8% on the 2018 price, before the service charge of about AED 6,800 a year.

Sales and rents for 424 over time

Sales
Unit 424, each saleTypical studio in Skycourt Towers B
200K400K600K2009201420192024Typical 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, December 2018: AED 546,869 (AED 960 per sqft)

424 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 424, each contractTypical studio in Skycourt Towers B
20K30K40K2012201620202024Typical 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, September 2014: AED 24,725 a yearRenewal, September 2015: AED 28,433 a yearNew contract, October 2016: AED 40,000 a yearRenewal, October 2017: AED 40,000 a yearRenewal, October 2018: AED 32,000 a yearNew contract, November 2019: AED 24,000 a yearNew contract, February 2021: AED 19,000 a yearNew contract, April 2022: AED 19,000 a yearRenewal, May 2023: AED 22,800 a yearRenewal, May 2024: AED 30,000 a yearRenewal, May 2025: AED 31,500 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 424 sits

All 115 studios →

424 last sold in December 2018 at AED 960 per sqft, 5% above what studios in Skycourt Towers B were fetching at the time (AED 912). 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. 424's AED 31,500 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
407StudioAED 190K · Oct 2011
1–7 of 23

424, Skycourt Towers B in numbers

  • Sold once: by Sky Courts on 30 December 2018 for AED 546,869, or AED 960 per sqft.
  • Rented since September 2014 on 11 Ejari contracts. The rent fell from AED 24,725 to AED 19,000 in 2022 and recovered to AED 31,500 by May 2025.
  • At AED 31,500 a year the gross yield on the 2018 price is 5.8%, before a service charge of about AED 6,800 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 20 May 2025.

Questions about 424, Skycourt Towers B

What did unit 424 last sell for?

AED 546,869 on 30 December 2018, sold by the developer: AED 960 per sqft for 570 sqft. It is the only registered sale of the unit.

What is the rent for unit 424?

AED 31,500 a year on the contract renewed on 20 May 2025. The previous contract, from May 2024, was AED 30,000; the unit has been rented since September 2014.

How big is unit 424?

570 sqft (53.0 sqm): a studio on the 4th floor of a 21-storey tower completed in 2011.

What is unit 424 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 424, Skycourt Towers B

Starts from the last sale price (AED 547K, 30 December 2018). Switch to today's estimate once you have unlocked it.
Price
AED 546,869
Deposit, UAE resident (20%)
AED 109,374
Deposit, non-resident (40%)
AED 218,748
Monthly over 25 years at 3.7%
AED 2,237

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