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2-bed · 1,287 sqftSkycourt Towers B, Dubailand Residence Complex · 5th floor · completed 2011

509, Skycourt Towers B

Sold prices and rental history: sold 4 times, last in June 2018, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 4 June 2018
Last soldAED 770K4 June 2018
Current rentAED 72K /yr17 August 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 509, Skycourt Towers B

What is 509 worth today?

Last sold for AED 770,000 in 2018

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4 Jun 2018SoldReady
AED 770,000AED 598 per sqft
17 Aug 2017RentedNew contract
AED 72,000/yr12 months · AED 56 per sqft
17 Aug 2016RentedRenewal
AED 72,000/yr12 months · AED 56 per sqft
3 Aug 2016SoldReady
AED 740,000AED 575 per sqft
17 Aug 2015RentedNew contract
AED 72,000/yr12 months · AED 56 per sqft
21 Apr 2014SoldReady
AED 419,806AED 326 per sqft
23 Oct 2009Sold by developerOff-plan
AED 419,806AED 326 per sqft

Source: Dubai Land Department. Updated 4 June 2018.

Key facts

Type
2-bed apartment
Size
1,287 sqft
Floor
5th of 21
Parking
P2 B105
Developer
Sky Courts
Completed
2011
Service charge
AED 15,400 /yr
Last sold
AED 770K · June 2018
Building
Skycourt Towers B

About 509, Skycourt Towers B

509 is a two-bedroom apartment of 1,287 sqft on the 5th floor of Skycourt Towers B, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. It last sold on 4 June 2018 for AED 770,000, or AED 598 per sqft, 9% below the AED 660 two-beds in the building were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, signed on 17 August 2017, is AED 72,000 a year: a gross yield of 9.3% on the 2018 price, before the service charge of about AED 15,400 a year.

Sales and rents for 509 over time

Sales
Unit 509, 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, October 2009: AED 419,806 (AED 326 per sqft)Sold, April 2014: AED 419,806 (AED 326 per sqft)Sold, August 2016: AED 740,000 (AED 575 per sqft)Sold, June 2018: AED 770,000 (AED 598 per sqft)

509 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 509, 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, August 2015: AED 72,000 a yearRenewal, August 2016: AED 72,000 a yearNew contract, August 2017: AED 72,000 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 509 sits

All 214 2-beds →

509 last sold in June 2018 at AED 598 per sqft, 9% below what two-beds in Skycourt Towers B were fetching at the time (AED 660). 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. 509's AED 72,000 is in the lower half 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 5th floor

All 468 units in Skycourt Towers B
Value
5012-bedAED 721K · Oct 2013
5022-bedAED 870K · Jan 2026
5032-bedAED 836K · Nov 2023
504StudioAED 273K · Jul 2012
505StudioAED 350K · Nov 2012
5062-bedAED 1.17M · Sep 2018
507StudioAED 220K · Mar 2023
1–7 of 23

509, Skycourt Towers B in numbers

  • Sold 4 times: first on 23 October 2009 for AED 419,806, last on 4 June 2018 for AED 770,000 (AED 598 per sqft).
  • Rented since August 2015 on 3 Ejari contracts, at AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2018 price is 9.3%, before a service charge of about AED 15,400 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 4 June 2018.

Questions about 509, Skycourt Towers B

What did unit 509 last sell for?

AED 770,000 on 4 June 2018: AED 598 per sqft for 1,287 sqft. The unit has 4 registered sales; the first was AED 419,806 in October 2009.

What is the rent for unit 509?

AED 72,000 a year on the contract signed on 17 August 2017. The previous contract, from August 2016, was AED 72,000; the unit has been rented since August 2015.

How big is unit 509?

1,287 sqft (119.6 sqm): a two-bedroom apartment on the 5th floor of a 21-storey tower completed in 2011.

What is unit 509 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 509, Skycourt Towers B

Starts from the last sale price (AED 770K, 4 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 770,000
Deposit, UAE resident (20%)
AED 154,000
Deposit, non-resident (40%)
AED 308,000
Monthly over 25 years at 3.7%
AED 3,150

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