Studio · 641 sqftSkycourt Towers B, Dubailand Residence Complex · completed 2011

P305, Skycourt Towers B

Sold prices and rental history: sold twice, last in August 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P305 · DLD and Ejari recordsUpdated 5 August 2024
Last soldAED 340K5 August 2024
Current rentAED 18K /yr12 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for P305, Skycourt Towers B

What is P305 worth today?

Last sold for AED 340,000 in 2024

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5 Aug 2024SoldReady
AED 340,000AED 530 per sqft
12 Jul 2022RentedRenewal
AED 18,000/yr12 months · AED 28 per sqft
25 May 2020RentedRenewal
AED 25,000/yr12 months · AED 39 per sqft
25 May 2019RentedNew contract
AED 28,000/yr12 months · AED 44 per sqft
13 Nov 2018Sold by developerReady
AED 500,000AED 780 per sqft
25 Apr 2018RentedRenewal
AED 42,000/yr12 months · AED 66 per sqft
25 Apr 2017RentedRenewal
AED 45,000/yr12 months · AED 70 per sqft
25 Apr 2016RentedNew contract
AED 45,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 5 August 2024.

Key facts

Type
Studio apartment
Size
641 sqft
Parking
B B136
Developer
Sky Courts
Completed
2011
Service charge
AED 7,700 /yr
Last sold
AED 340K · August 2024

About P305, Skycourt Towers B

P305 is a studio of 641 sqft of Skycourt Towers B, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. It last sold on 5 August 2024 for AED 340,000, or AED 530 per sqft, 23% below the AED 689 studios in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 12 July 2022, is AED 18,000 a year: a gross yield of 5.3% on the 2024 price, before the service charge of about AED 7,700 a year.

Sales and rents for P305 over time

Sales
Unit P305, each saleTypical studio in Skycourt Towers B
200K400K2009201420192024Typical 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, November 2018: AED 500,000 (AED 780 per sqft)Sold, August 2024: AED 340,000 (AED 530 per sqft)

P305 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit P305, each contractTypical studio in Skycourt Towers B
20K40K2012201620202024Typical 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, October 2012: AED 22,615 a yearRenewal, November 2013: AED 24,500 a yearRenewal, November 2014: AED 26,950 a yearNew contract, April 2016: AED 45,000 a yearRenewal, April 2017: AED 45,000 a yearRenewal, April 2018: AED 42,000 a yearNew contract, May 2019: AED 28,000 a yearRenewal, May 2020: AED 25,000 a yearRenewal, July 2022: AED 18,000 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 P305 sits

All 115 studios →

P305 last sold in August 2024 at AED 530 per sqft, 23% below what studios in Skycourt Towers B were fetching at the time (AED 689). 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. P305's AED 18,000 is at the bottom 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 →

P305, Skycourt Towers B in numbers

  • Sold twice: first on 13 November 2018 for AED 500,000, last on 5 August 2024 for AED 340,000 (AED 530 per sqft).
  • Rented since October 2012 on 9 Ejari contracts, from AED 22,615 to AED 18,000 a year.
  • At AED 18,000 a year the gross yield on the 2024 price is 5.3%, before a service charge of about AED 7,700 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 5 August 2024.

Questions about P305, Skycourt Towers B

What did unit P305 last sell for?

AED 340,000 on 5 August 2024: AED 530 per sqft for 641 sqft. The unit has 2 registered sales; the first was AED 500,000 in November 2018.

What is the rent for unit P305?

AED 18,000 a year on the contract renewed on 12 July 2022. The previous contract, from May 2020, was AED 25,000; the unit has been rented since October 2012.

How big is unit P305?

641 sqft (59.6 sqm): a studio of a 21-storey tower completed in 2011.

What is unit P305 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 P305, Skycourt Towers B

Starts from the last sale price (AED 340K, 5 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 340,000
Deposit, UAE resident (20%)
AED 68,000
Deposit, non-resident (40%)
AED 136,000
Monthly over 25 years at 3.7%
AED 1,391

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