Home
Dubai prices
About
Research
1-bed · 1,087 sqftSkycourt Towers B, Dubailand Residence Complex · completed 2011

P316, Skycourt Towers B

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

Unit P316 · DLD and Ejari recordsUpdated 17 October 2023
Last soldAED 450K17 October 2023
Current rentAED 35K /yr23 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow P316

Property timeline for P316, Skycourt Towers B

What is P316 worth today?

Last sold for AED 450,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

17 Oct 2023SoldReady
AED 450,000AED 414 per sqft
23 Sep 2022RentedNew contract
AED 35,000/yr12 months · AED 32 per sqft
25 Aug 2021RentedNew contract
AED 30,000/yr12 months · AED 28 per sqft
10 Jul 2020RentedRenewal
AED 36,000/yr12 months · AED 33 per sqft
10 Jul 2019RentedNew contract
AED 39,000/yr12 months · AED 36 per sqft
6 Mar 2019Sold by developerReady
AED 852,216AED 784 per sqft
1 Jul 2017RentedNew contract
AED 36,000/yr12 months · AED 33 per sqft
20 Dec 2014RentedRenewal
AED 48,000/yr12 months · AED 44 per sqft

Source: Dubai Land Department. Updated 17 October 2023.

Key facts

Type
1-bed apartment
Size
1,087 sqft
Parking
B B147
Developer
Sky Courts
Completed
2011
Service charge
AED 13,000 /yr
Last sold
AED 450K · October 2023
Building
Skycourt Towers B

About P316, Skycourt Towers B

P316 is a one-bedroom apartment of 1,087 sqft of Skycourt Towers B, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. It last sold on 17 October 2023 for AED 450,000, or AED 414 per sqft, 8% below the AED 450 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, signed on 23 September 2022, is AED 35,000 a year: a gross yield of 7.8% on the 2023 price, before the service charge of about AED 13,000 a year.

Sales and rents for P316 over time

Sales
Unit P316, each saleTypical one-bed in Skycourt Towers B
500K2009201420192024Typical sale price by year: 2009 AED 516,200; 2011 AED 294,941; 2012 AED 516,200; 2013 AED 410,000; 2014 AED 598,493; 2015 AED 575,000; 2016 AED 537,750; 2017 AED 495,000; 2018 AED 853,080; 2019 AED 421,500; 2020 AED 455,093; 2021 AED 377,500; 2022 AED 337,500; 2023 AED 411,250; 2024 AED 492,500; 2025 AED 548,881; 2026 AED 565,000Sold by developer, March 2019: AED 852,216 (AED 784 per sqft)Sold, October 2023: AED 450,000 (AED 414 per sqft)

P316 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit P316, each contractTypical one-bed in Skycourt Towers B
40K2012201620202024Typical rent by year: 2012 AED 32,095; 2013 AED 36,000; 2014 AED 42,000; 2015 AED 50,000; 2016 AED 52,000; 2017 AED 50,000; 2018 AED 45,000; 2019 AED 37,000; 2020 AED 30,000; 2021 AED 26,000; 2022 AED 29,000; 2023 AED 34,000; 2024 AED 41,000; 2025 AED 47,000; 2026 AED 49,000New contract, September 2012: AED 32,363 a yearNew contract, December 2013: AED 48,000 a yearRenewal, December 2014: AED 48,000 a yearNew contract, July 2017: AED 36,000 a yearNew contract, July 2019: AED 39,000 a yearRenewal, July 2020: AED 36,000 a yearNew contract, August 2021: AED 30,000 a yearNew contract, September 2022: AED 35,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Skycourt Towers B, and where P316 sits

All 162 1-beds →

P316 last sold in October 2023 at AED 414 per sqft, 8% below what one-beds in Skycourt Towers B were fetching at the time (AED 450). Over the last 12 months one-beds sold for AED 167,760 to 630,000, around AED 701 per sqft, and rent for AED 30,000 to 130,000 a year. P316's AED 35,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Sep 2026589,897
14 Aug 2026453,830
20 Jul 2026515,000
20 Jul 2026167,760
13 1-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 →

P316, Skycourt Towers B in numbers

  • Sold twice: first on 6 March 2019 for AED 852,216, last on 17 October 2023 for AED 450,000 (AED 414 per sqft).
  • Rented since September 2012 on 8 Ejari contracts, from AED 32,363 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2023 price is 7.8%, before a service charge of about AED 13,000 a year (AED 11.97 per sqft).
  • One-beds in Skycourt Towers B sold for AED 167,760–630,000 in the 12 months to November 2026; the building's median across all types is AED 710 per sqft.

Source: Dubai Land Department. Updated 17 October 2023.

Questions about P316, Skycourt Towers B

What did unit P316 last sell for?

AED 450,000 on 17 October 2023: AED 414 per sqft for 1,087 sqft. The unit has 2 registered sales; the first was AED 852,216 in March 2019.

What is the rent for unit P316?

AED 35,000 a year on the contract signed on 23 September 2022. The previous contract, from August 2021, was AED 30,000; the unit has been rented since September 2012.

How big is unit P316?

1,087 sqft (101.0 sqm): a one-bedroom apartment of a 21-storey tower completed in 2011.

What is unit P316 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Skycourt Towers B sold for AED 167,760 to 630,000 in the last 12 months, around AED 701 per sqft.

Selling P316? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on P316, Skycourt Towers B

Starts from the last sale price (AED 450K, 17 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

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