2-bed · 1,094 sqftSkycourt Towers B, Dubailand Residence Complex · 6th floor · completed 2011

622, Skycourt Towers B

Sold prices and rental history: sold 3 times, last in November 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 622 · DLD and Ejari recordsUpdated 22 November 2023
Last soldAED 550K22 November 2023
Current rentAED 34K /yr20 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 622, Skycourt Towers B

What is 622 worth today?

Last sold for AED 550,000 in 2023

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22 Nov 2023SoldReady
AED 550,000AED 502 per sqft
20 Oct 2021RentedNew contract
AED 34,000/yr12 months · AED 31 per sqft
1 Jul 2020RentedRenewal
AED 43,000/yr12 months · AED 39 per sqft
1 Jul 2019RentedRenewal
AED 52,000/yr12 months · AED 47 per sqft
1 Jul 2018RentedRenewal
AED 60,000/yr12 months · AED 55 per sqft
1 Jul 2017RentedRenewal
AED 60,000/yr12 months · AED 55 per sqft
1 Jul 2016RentedNew contract
AED 60,000/yr12 months · AED 55 per sqft
5 Jun 2015RentedNew contract
AED 68,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 22 November 2023.

Key facts

Type
2-bed apartment
Size
1,094 sqft
Floor
6th of 21
Parking
P2/B-142
Developer
Sky Courts
Completed
2011
Service charge
AED 13,100 /yr
Last sold
AED 550K · November 2023

About 622, Skycourt Towers B

622 is a two-bedroom apartment of 1,094 sqft on the 6th floor of Skycourt Towers B, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. It last sold on 22 November 2023 for AED 550,000, or AED 502 per sqft, 7% below the AED 539 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 20 October 2021, is AED 34,000 a year: a gross yield of 6.2% on the 2023 price, before the service charge of about AED 13,100 a year.

Sales and rents for 622 over time

Sales
Unit 622, 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, January 2012: AED 712,056 (AED 1,613 per sqft)Sold, November 2023: AED 550,000 (AED 502 per sqft)

622 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 622, 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 2015: AED 68,000 a yearNew contract, July 2016: AED 60,000 a yearRenewal, July 2017: AED 60,000 a yearRenewal, July 2018: AED 60,000 a yearRenewal, July 2019: AED 52,000 a yearRenewal, July 2020: AED 43,000 a yearNew contract, October 2021: AED 34,000 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 622 sits

All 214 2-beds →

622 last sold in November 2023 at AED 502 per sqft, 7% below what two-beds in Skycourt Towers B were fetching at the time (AED 539). 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. 622's AED 34,000 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 6th floor

All 468 units in Skycourt Towers B
Value
6012-bedAED 360K · Jun 2011
6022-bedAED 800K · Jan 2018
6032-bedAED 958K · Nov 2014
604StudioAED 273K · Mar 2012
605StudioAED 350K · Nov 2012
6062-bedAED 980K · May 2026
607StudioAED 273K · Mar 2012
1–7 of 23

622, Skycourt Towers B in numbers

  • Sold 3 times: first on 29 July 2009 for AED 712,056, last on 22 November 2023 for AED 550,000 (AED 502 per sqft).
  • Rented since June 2015 on 7 Ejari contracts, from AED 68,000 to AED 34,000 a year.
  • At AED 34,000 a year the gross yield on the 2023 price is 6.2%, before a service charge of about AED 13,100 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 22 November 2023.

Questions about 622, Skycourt Towers B

What did unit 622 last sell for?

AED 550,000 on 22 November 2023: AED 502 per sqft for 1,094 sqft. The unit has 3 registered sales; the first was AED 712,056 in July 2009.

What is the rent for unit 622?

AED 34,000 a year on the contract signed on 20 October 2021. The previous contract, from July 2020, was AED 43,000; the unit has been rented since June 2015.

How big is unit 622?

1,094 sqft (101.6 sqm): a two-bedroom apartment on the 6th floor of a 21-storey tower completed in 2011.

What is unit 622 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 622, Skycourt Towers B

Starts from the last sale price (AED 550K, 22 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

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