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2-bed · 1,287 sqftSkycourt Towers C, Dubailand Residence Complex · 16th floor · completed 2011

1603, Skycourt Towers C

Sold prices and rental history: sold 3 times, last in March 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1603 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 760K21 March 2024
Current rentAED 51K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1603, Skycourt Towers C

What is 1603 worth today?

Last sold for AED 760,000 in 2024

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1 May 2024RentedNew contract
AED 50,800/yr12 months · AED 39 per sqft
21 Mar 2024SoldReady
AED 760,000AED 590 per sqft
1 May 2023RentedRenewal
AED 46,200/yr12 months · AED 36 per sqft
1 May 2022RentedNew contract
AED 42,000/yr12 months · AED 33 per sqft
20 Mar 2021RentedNew contract
AED 38,000/yr12 months · AED 29 per sqft
20 Mar 2019RentedNew contract
AED 55,000/yr12 months · AED 43 per sqft
10 Sep 2015RentedRenewal
AED 58,000/yr12 months · AED 45 per sqft
10 Sep 2013RentedNew contract
AED 50,000/yr12 months · AED 39 per sqft

Source: Dubai Land Department. Updated 1 May 2024.

Key facts

Type
2-bed apartment
Size
1,287 sqft
Floor
16th of 21
Parking
B C 1
Developer
Sky Courts
Completed
2011
Service charge
AED 15,000 /yr
Last sold
AED 760K · March 2024
Building
Skycourt Towers C

About 1603, Skycourt Towers C

1603 is a two-bedroom apartment of 1,287 sqft on the 16th floor of Skycourt Towers C, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. It last sold on 21 March 2024 for AED 760,000, or AED 590 per sqft, 9% below the AED 650 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 1 May 2024, is AED 50,800 a year: a gross yield of 6.7% on the 2024 price, before the service charge of about AED 15,000 a year.

Sales and rents for 1603 over time

Sales
Unit 1603, 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, September 2009: AED 871,905 (AED 677 per sqft)Sold, September 2012: AED 871,905 (AED 677 per sqft)Sold, March 2024: AED 760,000 (AED 590 per sqft)

1603 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1603, 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, September 2013: AED 50,000 a yearRenewal, September 2015: AED 58,000 a yearNew contract, March 2019: AED 55,000 a yearNew contract, March 2021: AED 38,000 a yearNew contract, May 2022: AED 42,000 a yearRenewal, May 2023: AED 46,200 a yearNew contract, May 2024: AED 50,800 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 1603 sits

All 214 2-beds →

1603 last sold in March 2024 at AED 590 per sqft, 9% below what two-beds in Skycourt Towers C were fetching at the time (AED 650). 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. 1603's AED 50,800 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 16th floor

All 468 units in Skycourt Towers C
Value
16012-bedAED 710K · Aug 2023
16022-bedAED 872K · Sep 2009
1604StudioAED 182K · Mar 2012
1605StudioAED 182K · Dec 2015
16062-bedAED 830K · Sep 2016
1607StudioAED 380K · Apr 2016
1608StudioAED 220K · Feb 2022
1–7 of 22

1603, Skycourt Towers C in numbers

  • Sold 3 times: first on 13 September 2009 for AED 871,905, last on 21 March 2024 for AED 760,000 (AED 590 per sqft).
  • Rented since September 2013 on 7 Ejari contracts. The rent fell from AED 50,000 to AED 38,000 in 2021 and recovered to AED 50,800 by May 2024.
  • At AED 50,800 a year the gross yield on the 2024 price is 6.7%, before a service charge of about AED 15,000 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 1 May 2024.

Questions about 1603, Skycourt Towers C

What did unit 1603 last sell for?

AED 760,000 on 21 March 2024: AED 590 per sqft for 1,287 sqft. The unit has 3 registered sales; the first was AED 871,905 in September 2009.

What is the rent for unit 1603?

AED 50,800 a year on the contract signed on 1 May 2024. The previous contract, from May 2023, was AED 46,200; the unit has been rented since September 2013.

How big is unit 1603?

1,287 sqft (119.6 sqm): a two-bedroom apartment on the 16th floor of a 21-storey tower completed in 2011.

What is unit 1603 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 1603, Skycourt Towers C

Starts from the last sale price (AED 760K, 21 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 760,000
Deposit, UAE resident (20%)
AED 152,000
Deposit, non-resident (40%)
AED 304,000
Monthly over 25 years at 3.7%
AED 3,109

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