2-bed · 1,783 sqftSkycourt Towers B, Dubailand Residence Complex · completed 2011

P312, Skycourt Towers B

Sold prices and rental history: sold twice, last in August 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P312 · DLD and Ejari recordsUpdated 2 August 2023
Last soldAED 785K2 August 2023
Current rentAED 52K /yr25 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for P312, Skycourt Towers B

What is P312 worth today?

Last sold for AED 785,000 in 2023

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2 Aug 2023SoldReady
AED 785,000AED 440 per sqft
25 Dec 2022RentedRenewal
AED 52,000/yr12 months · AED 29 per sqft
25 Dec 2021RentedRenewal
AED 47,000/yr12 months · AED 26 per sqft
25 Dec 2020RentedRenewal
AED 51,000/yr12 months · AED 29 per sqft
25 Dec 2019RentedNew contract
AED 55,000/yr12 months · AED 31 per sqft
22 Sep 2018RentedNew contract
AED 70,000/yr12 months · AED 39 per sqft
31 Jan 2018Sold by developerReady
AED 1,270,000AED 712 per sqft
5 Sep 2015RentedRenewal · flagged as an outlier
AED 12,091/yr12 months · AED 7 per sqft

Source: Dubai Land Department. Updated 2 August 2023.

Key facts

Type
2-bed apartment
Size
1,783 sqft
Parking
B B143 0
Developer
Sky Courts
Completed
2011
Service charge
AED 21,300 /yr
Last sold
AED 785K · August 2023

About P312, Skycourt Towers B

P312 is a two-bedroom apartment of 1,783 sqft of Skycourt Towers B, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. It last sold on 2 August 2023 for AED 785,000, or AED 440 per sqft, in line with the AED 451 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 25 December 2022, is AED 52,000 a year: a gross yield of 6.6% on the 2023 price, before the service charge of about AED 21,300 a year.

Sales and rents for P312 over time

Sales
Unit P312, 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, January 2018: AED 1,270,000 (AED 712 per sqft)Sold, August 2023: AED 785,000 (AED 440 per sqft)

P312 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit P312, 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 56,379 a yearRenewal, September 2013: AED 59,188 a yearRenewal, September 2014: AED 59,198 a yearNew contract, September 2018: AED 70,000 a yearNew contract, December 2019: AED 55,000 a yearRenewal, December 2020: AED 51,000 a yearRenewal, December 2021: AED 47,000 a yearRenewal, December 2022: AED 52,000 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 P312 sits

All 214 2-beds →

P312 last sold in August 2023 at AED 440 per sqft, in line with what two-beds in Skycourt Towers B were fetching at the time (AED 451). 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. P312's AED 52,000 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 →

P312, Skycourt Towers B in numbers

  • Sold twice: first on 31 January 2018 for AED 1,270,000, last on 2 August 2023 for AED 785,000 (AED 440 per sqft).
  • Rented since September 2012 on 9 Ejari contracts. The rent fell from AED 56,379 to AED 12,091 in 2015 and recovered to AED 52,000 by December 2022.
  • At AED 52,000 a year the gross yield on the 2023 price is 6.6%, before a service charge of about AED 21,300 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 2 August 2023.

Questions about P312, Skycourt Towers B

What did unit P312 last sell for?

AED 785,000 on 2 August 2023: AED 440 per sqft for 1,783 sqft. The unit has 2 registered sales; the first was AED 1,270,000 in January 2018.

What is the rent for unit P312?

AED 52,000 a year on the contract renewed on 25 December 2022. The previous contract, from December 2021, was AED 47,000; the unit has been rented since September 2012.

How big is unit P312?

1,783 sqft (165.6 sqm): a two-bedroom apartment of a 21-storey tower completed in 2011.

What is unit P312 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 P312, Skycourt Towers B

Starts from the last sale price (AED 785K, 2 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 785,000
Deposit, UAE resident (20%)
AED 157,000
Deposit, non-resident (40%)
AED 314,000
Monthly over 25 years at 3.7%
AED 3,212

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