2-bed · 1,247 sqftSkycourt Towers C, Dubailand Residence Complex · 15th floor · completed 2011

1523, Skycourt Towers C

Sold prices and rental history: sold 3 times, last in October 2015, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1523 · DLD and Ejari recordsUpdated 18 October 2015
Last soldAED 475K18 October 2015
Current rentAED 75K /yr21 September 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1523, Skycourt Towers C

What is 1523 worth today?

Last sold for AED 475,000 in 2015

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18 Oct 2015SoldReady
AED 475,000AED 380 per sqft
21 Sep 2015RentedNew contract
AED 75,000/yr12 months · AED 60 per sqft
23 Nov 2014RentedNew contract
AED 50,000/yr12 months · AED 40 per sqft
1 Jul 2013SoldReady
AED 875,296AED 701 per sqft
5 Aug 2009Sold by developerOff-plan
AED 875,296AED 701 per sqft

Source: Dubai Land Department. Updated 18 October 2015.

Key facts

Type
2-bed apartment
Size
1,247 sqft
Floor
15th of 21
Parking
P1 C 170
Developer
Sky Courts
Completed
2011
Service charge
AED 14,500 /yr
Last sold
AED 475K · October 2015

About 1523, Skycourt Towers C

1523 is a two-bedroom apartment of 1,247 sqft on the 15th floor of Skycourt Towers C, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. It last sold on 18 October 2015 for AED 475,000, or AED 380 per sqft, 44% below the AED 681 two-beds in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 21 September 2015, is AED 75,000 a year: a gross yield of 15.8% on the 2015 price, before the service charge of about AED 14,500 a year.

Sales and rents for 1523 over time

Sales
Unit 1523, each saleTypical two-bed in Skycourt Towers C
500K750K1M2009201420192024Typical 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, August 2009: AED 875,296 (AED 701 per sqft)Sold, July 2013: AED 875,296 (AED 701 per sqft)Sold, October 2015: AED 475,000 (AED 380 per sqft)

1523 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1523, each contractTypical two-bed in Skycourt Towers C
40K60K80K2012201620202024Typical 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, November 2014: AED 50,000 a yearNew contract, September 2015: AED 75,000 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 1523 sits

All 214 2-beds →

1523 last sold in October 2015 at AED 380 per sqft, 44% below what two-beds in Skycourt Towers C were fetching at the time (AED 681). 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. 1523's AED 75,000 is in the lower half 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 15th floor

All 468 units in Skycourt Towers C
Value
15012-bedAED 374K · Sep 2013
15022-bedAED 735K · Nov 2025
15032-bedAED 735K · Nov 2025
1504StudioAED 380K · Apr 2014
1505StudioAED 363K · Feb 2012
15062-bedAED 836K · Aug 2022
1507StudioAED 250K · Feb 2020
1–7 of 22

1523, Skycourt Towers C in numbers

  • Sold 3 times: first on 5 August 2009 for AED 875,296, last on 18 October 2015 for AED 475,000 (AED 380 per sqft).
  • Rented since November 2014 on 2 Ejari contracts, from AED 50,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2015 price is 15.8%, 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 18 October 2015.

Questions about 1523, Skycourt Towers C

What did unit 1523 last sell for?

AED 475,000 on 18 October 2015: AED 380 per sqft for 1,247 sqft. The unit has 3 registered sales; the first was AED 875,296 in August 2009.

What is the rent for unit 1523?

AED 75,000 a year on the contract signed on 21 September 2015. The previous contract, from November 2014, was AED 50,000.

How big is unit 1523?

1,247 sqft (115.9 sqm): a two-bedroom apartment on the 15th floor of a 21-storey tower completed in 2011.

What is unit 1523 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 1523, Skycourt Towers C

Starts from the last sale price (AED 475K, 18 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 475,000
Deposit, UAE resident (20%)
AED 95,000
Deposit, non-resident (40%)
AED 190,000
Monthly over 25 years at 3.7%
AED 1,943

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