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2-bed · 1,592 sqftSkycourt Towers B, Dubailand Residence Complex · completed 2011

P309, Skycourt Towers B

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

Unit P309 · DLD and Ejari recordsUpdated 27 December 2024
Last soldAED 1.03M24 May 2024
Current rentAED 58K /yr27 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for P309, Skycourt Towers B

What is P309 worth today?

Last sold for AED 1,034,982 in 2024

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27 Dec 2024RentedRenewal
AED 58,000/yr12 months · AED 36 per sqft
24 May 2024Sold by developerReady
AED 1,034,982AED 649 per sqft
27 Dec 2023RentedRenewal
AED 48,570/yr12 months · AED 31 per sqft
27 Dec 2022RentedRenewal
AED 43,700/yr12 months · AED 27 per sqft
27 Dec 2021RentedRenewal
AED 38,000/yr12 months · AED 24 per sqft
27 Dec 2020RentedNew contract
AED 40,000/yr12 months · AED 25 per sqft
14 Sep 2019RentedRenewal
AED 60,000/yr14 months · AED 38 per sqft
14 Aug 2018RentedNew contract
AED 55,385/yr13 months · AED 35 per sqft

Source: Dubai Land Department. Updated 27 December 2024.

Key facts

Type
2-bed apartment
Size
1,592 sqft
Parking
B B140
Developer
Sky Courts
Completed
2011
Service charge
AED 19,100 /yr
Last sold
AED 1.03M · May 2024
Building
Skycourt Towers B

About P309, Skycourt Towers B

P309 is a two-bedroom apartment of 1,592 sqft of Skycourt Towers B, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. The developer sold it on 24 May 2024 for AED 1,034,982, or AED 649 per sqft, in line with the AED 649 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 14 Ejari contracts. The current contract, renewed on 27 December 2024, is AED 58,000 a year: a gross yield of 5.6% on the 2024 price, before the service charge of about AED 19,100 a year.

Sales and rents for P309 over time

Sales
Unit P309, 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, May 2024: AED 1,034,982 (AED 649 per sqft)

P309 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit P309, 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, September 2012: AED 46,941 a yearRenewal, October 2013: AED 49,156 a yearRenewal, October 2014: AED 51,614 a yearRenewal, October 2015: AED 61,000 a yearRenewal, October 2016: AED 61,000 a yearRenewal, October 2017: AED 61,000 a yearNew contract, February 2018: AED 55,385 a yearNew contract, August 2018: AED 55,385 a yearRenewal, September 2019: AED 60,000 a yearNew contract, December 2020: AED 40,000 a yearRenewal, December 2021: AED 38,000 a yearRenewal, December 2022: AED 43,700 a yearRenewal, December 2023: AED 48,570 a yearRenewal, December 2024: AED 58,000 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 P309 sits

All 214 2-beds →

P309 last sold in May 2024 at AED 649 per sqft, in line with what two-beds in Skycourt Towers B were fetching at the time (AED 649). 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. P309's AED 58,000 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 →

P309, Skycourt Towers B in numbers

  • Sold once: by Sky Courts on 24 May 2024 for AED 1,034,982, or AED 649 per sqft.
  • Rented since September 2012 on 14 Ejari contracts. The rent fell from AED 46,941 to AED 38,000 in 2021 and recovered to AED 58,000 by December 2024.
  • At AED 58,000 a year the gross yield on the 2024 price is 5.6%, before a service charge of about AED 19,100 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 27 December 2024.

Questions about P309, Skycourt Towers B

What did unit P309 last sell for?

AED 1,034,982 on 24 May 2024, sold by the developer: AED 649 per sqft for 1,592 sqft. It is the only registered sale of the unit.

What is the rent for unit P309?

AED 58,000 a year on the contract renewed on 27 December 2024. The previous contract, from December 2023, was AED 48,570; the unit has been rented since September 2012.

How big is unit P309?

1,592 sqft (147.9 sqm): a two-bedroom apartment of a 21-storey tower completed in 2011.

What is unit P309 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 P309, Skycourt Towers B

Starts from the last sale price (AED 1.03M, 24 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,034,982
Deposit, UAE resident (20%)
AED 206,996
Deposit, non-resident (40%)
AED 413,993
Monthly over 25 years at 3.7%
AED 4,234

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