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Studio · 529 sqftSkycourt Towers B, Dubailand Residence Complex · completed 2011

P308, Skycourt Towers B

Sold prices and rental history: sold once, by the developer in September 2018, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P308 · DLD and Ejari recordsUpdated 25 September 2023
Last soldAED 437K10 September 2018
Current rentAED 24K /yr25 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for P308, Skycourt Towers B

What is P308 worth today?

Last sold for AED 437,409 in 2018

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25 Sep 2023RentedRenewal
AED 24,000/yr12 months · AED 45 per sqft
25 Sep 2022RentedNew contract
AED 21,000/yr12 months · AED 40 per sqft
1 Sep 2021RentedNew contract
AED 18,000/yr12 months · AED 34 per sqft
20 Jul 2020RentedNew contract
AED 20,000/yr12 months · AED 38 per sqft
1 Jun 2019RentedNew contract
AED 26,000/yr12 months · AED 49 per sqft
10 Dec 2018RentedNew contract
AED 25,000/yr12 months · AED 47 per sqft
10 Sep 2018Sold by developerReady
AED 437,409AED 826 per sqft
26 Jun 2018RentedNew contract
AED 33,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 25 September 2023.

Key facts

Type
Studio apartment
Size
529 sqft
Parking
B B139
Developer
Sky Courts
Completed
2011
Service charge
AED 6,300 /yr
Last sold
AED 437K · September 2018
Building
Skycourt Towers B

About P308, Skycourt Towers B

P308 is a studio of 529 sqft of Skycourt Towers B, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. The developer sold it on 10 September 2018 for AED 437,409, or AED 826 per sqft, in line with the AED 818 studios in the building were fetching at the time.

It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, renewed on 25 September 2023, is AED 24,000 a year: a gross yield of 5.5% on the 2018 price, before the service charge of about AED 6,300 a year.

Sales and rents for P308 over time

Sales
Unit P308, 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, September 2018: AED 437,409 (AED 826 per sqft)

P308 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit P308, 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, June 2012: AED 17,871 a yearRenewal, June 2013: AED 19,658 a yearRenewal, June 2014: AED 21,624 a yearRenewal, June 2015: AED 26,000 a yearNew contract, September 2017: AED 39,000 a yearNew contract, June 2018: AED 33,000 a yearNew contract, December 2018: AED 25,000 a yearNew contract, June 2019: AED 26,000 a yearNew contract, July 2020: AED 20,000 a yearNew contract, September 2021: AED 18,000 a yearNew contract, September 2022: AED 21,000 a yearRenewal, September 2023: AED 24,000 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 P308 sits

All 115 studios →

P308 last sold in September 2018 at AED 826 per sqft, in line with what studios in Skycourt Towers B were fetching at the time (AED 818). 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. P308's AED 24,000 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 →

P308, Skycourt Towers B in numbers

  • Sold once: by Sky Courts on 10 September 2018 for AED 437,409, or AED 826 per sqft.
  • Rented since June 2012 on 12 Ejari contracts, from AED 17,871 to AED 24,000 a year.
  • At AED 24,000 a year the gross yield on the 2018 price is 5.5%, before a service charge of about AED 6,300 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 25 September 2023.

Questions about P308, Skycourt Towers B

What did unit P308 last sell for?

AED 437,409 on 10 September 2018, sold by the developer: AED 826 per sqft for 529 sqft. It is the only registered sale of the unit.

What is the rent for unit P308?

AED 24,000 a year on the contract renewed on 25 September 2023. The previous contract, from September 2022, was AED 21,000; the unit has been rented since June 2012.

How big is unit P308?

529 sqft (49.1 sqm): a studio of a 21-storey tower completed in 2011.

What is unit P308 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 P308, Skycourt Towers B

Starts from the last sale price (AED 437K, 10 September 2018). Switch to today's estimate once you have unlocked it.
Price
AED 437,409
Deposit, UAE resident (20%)
AED 87,482
Deposit, non-resident (40%)
AED 174,964
Monthly over 25 years at 3.7%
AED 1,790

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