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2-bed · 1,247 sqftSkycourt Towers C, Dubailand Residence Complex · 11th floor · completed 2011

1123, Skycourt Towers C

Sold prices and rental history: sold 4 times, last in September 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1123 · DLD and Ejari recordsUpdated 28 September 2022
Last soldAED 563K28 September 2022
Current rentAED 37K /yr9 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1123, Skycourt Towers C

What is 1123 worth today?

Last sold for AED 563,000 in 2022

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28 Sep 2022SoldReady
AED 563,000AED 451 per sqft
9 Sep 2021RentedNew contract
AED 37,000/yr12 months · AED 30 per sqft
20 Aug 2020RentedRenewal
AED 39,158/yr12 months · AED 31 per sqft
11 Jun 2020SoldReady
AED 673,484AED 540 per sqft
20 Aug 2019RentedNew contract
AED 45,000/yr12 months · AED 36 per sqft
20 Jul 2018RentedRenewal
AED 66,000/yr12 months · AED 53 per sqft
20 Jul 2017RentedNew contract
AED 66,000/yr12 months · AED 53 per sqft
12 Nov 2016RentedNew contract
AED 72,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 28 September 2022.

Key facts

Type
2-bed apartment
Size
1,247 sqft
Floor
11th of 21
Parking
P1 C 73
Developer
Sky Courts
Completed
2011
Service charge
AED 14,500 /yr
Last sold
AED 563K · September 2022
Building
Skycourt Towers C

About 1123, Skycourt Towers C

1123 is a two-bedroom apartment of 1,247 sqft on the 11th floor of Skycourt Towers C, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. It last sold on 28 September 2022 for AED 563,000, or AED 451 per sqft, 6% above the AED 427 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 9 September 2021, is AED 37,000 a year: a gross yield of 6.6% on the 2022 price, before the service charge of about AED 14,500 a year.

Sales and rents for 1123 over time

Sales
Unit 1123, each saleTypical two-bed in Skycourt Towers C
500K1M2009201420192024Typical sale price by year: 2009 AED 712,056; 2011 AED 712,056; 2012 AED 532,500; 2013 AED 720,334; 2014 AED 861,007; 2015 AED 612,500; 2016 AED 575,000; 2017 AED 775,000; 2018 AED 969,566; 2020 AED 679,179; 2021 AED 1,000,888; 2022 AED 550,000; 2023 AED 824,304; 2024 AED 815,000; 2025 AED 780,000; 2026 AED 900,000Sold by developer, July 2009: AED 1,103,312 (AED 884 per sqft)Sold, May 2014: AED 1,103,313 (AED 884 per sqft)Sold, June 2020: AED 673,484 (AED 540 per sqft)Sold, September 2022: AED 563,000 (AED 451 per sqft)

1123 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1123, each contractTypical two-bed in Skycourt Towers C
40K60K2012201620202024Typical rent by year: 2012 AED 45,281; 2013 AED 48,815; 2014 AED 60,000; 2015 AED 69,000; 2016 AED 70,000; 2017 AED 65,500; 2018 AED 60,000; 2019 AED 51,000; 2020 AED 42,000; 2021 AED 37,000; 2022 AED 38,000; 2023 AED 44,000; 2024 AED 54,000; 2025 AED 65,000; 2026 AED 70,000New contract, January 2014: AED 48,000 a yearNew contract, November 2016: AED 72,000 a yearNew contract, July 2017: AED 66,000 a yearRenewal, July 2018: AED 66,000 a yearNew contract, August 2019: AED 45,000 a yearRenewal, August 2020: AED 39,158 a yearNew contract, September 2021: AED 37,000 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 C, and where 1123 sits

All 214 2-beds →

1123 last sold in September 2022 at AED 451 per sqft, 6% above what two-beds in Skycourt Towers C were fetching at the time (AED 427). Over the last 12 months two-beds sold for AED 483,866 to 1,080,000, around AED 689 per sqft, and rent for AED 50,000 to 113,000 a year. 1123's AED 37,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
24 Sep 2026900,000
2 Sep 2026920,000
7 Aug 2026591,753
24 Jul 2026920,000
21 2-bed sales in the last 12 months

Skycourt Towers C

Building

468 apartments, studios to 2-bed over 21 floors in Dubailand Residence Complex, completed in 2011 by Sky Courts. 46 sold in the last 12 months.

Typical price per sqft
AED 710 Up 5.7%
Typical sale
AED 591K
Typical rent
AED 50K /yr
Typical yield
8.8%
Skycourt Towers C, Dubailand Residence Complex: prices, sales and rents →

Other units on the 11th floor

All 468 units in Skycourt Towers C
Value
11012-bedAED 500K · May 2023
11022-bedAED 836K · Dec 2023
11032-bedAED 836K · Dec 2023
1104StudioAED 205K · Sep 2022
1105StudioAED 360K · Sep 2024
11062-bedAED 900K · Oct 2016
1107StudioAED 380K · Sep 2026
1–7 of 22

1123, Skycourt Towers C in numbers

  • Sold 4 times: first on 22 July 2009 for AED 1,103,312, last on 28 September 2022 for AED 563,000 (AED 451 per sqft).
  • Rented since January 2014 on 7 Ejari contracts, from AED 48,000 to AED 37,000 a year.
  • At AED 37,000 a year the gross yield on the 2022 price is 6.6%, before a service charge of about AED 14,500 a year (AED 11.64 per sqft).
  • Two-beds in Skycourt Towers C sold for AED 483,866–1,080,000 in the 12 months to November 2026; the building's median across all types is AED 710 per sqft.

Source: Dubai Land Department. Updated 28 September 2022.

Questions about 1123, Skycourt Towers C

What did unit 1123 last sell for?

AED 563,000 on 28 September 2022: AED 451 per sqft for 1,247 sqft. The unit has 4 registered sales; the first was AED 1,103,312 in July 2009.

What is the rent for unit 1123?

AED 37,000 a year on the contract signed on 9 September 2021. The previous contract, from August 2020, was AED 39,158; the unit has been rented since January 2014.

How big is unit 1123?

1,247 sqft (115.9 sqm): a two-bedroom apartment on the 11th floor of a 21-storey tower completed in 2011.

What is unit 1123 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 C sold for AED 483,866 to 1,080,000 in the last 12 months, around AED 689 per sqft.

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Mortgage on 1123, Skycourt Towers C

Starts from the last sale price (AED 563K, 28 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 563,000
Deposit, UAE resident (20%)
AED 112,600
Deposit, non-resident (40%)
AED 225,200
Monthly over 25 years at 3.7%
AED 2,303

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