2-bed · 1,268 sqftSkycourt Towers C, Dubailand Residence Complex · 16th floor · completed 2011

1612, Skycourt Towers C

Sold prices and rental history: sold 3 times, last in April 2018, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1612 · DLD and Ejari recordsUpdated 19 April 2018
Last soldAED 730K19 April 2018
Current rentAED 75K /yr3 January 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1612, Skycourt Towers C

What is 1612 worth today?

Last sold for AED 730,000 in 2018

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19 Apr 2018SoldReady
AED 730,000AED 575 per sqft
3 Jan 2016RentedRenewal
AED 75,202/yr12 months · AED 59 per sqft
3 Jan 2015RentedNew contract
AED 75,000/yr12 months · AED 59 per sqft
1 Jan 2013RentedNew contract
AED 48,000/yr12 months · AED 38 per sqft
16 Sep 2012SoldReady
AED 433,907AED 342 per sqft
23 Oct 2009Sold by developerOff-plan
AED 433,907AED 342 per sqft

Source: Dubai Land Department. Updated 19 April 2018.

Key facts

Type
2-bed apartment
Size
1,268 sqft
Floor
16th of 21
Parking
B C 10
Developer
Sky Courts
Completed
2011
Service charge
AED 14,800 /yr
Last sold
AED 730K · April 2018

About 1612, Skycourt Towers C

1612 is a two-bedroom apartment of 1,268 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 19 April 2018 for AED 730,000, or AED 575 per sqft, 4% below the AED 601 two-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 3 January 2016, is AED 75,202 a year: a gross yield of 10.3% on the 2018 price, before the service charge of about AED 14,800 a year.

Sales and rents for 1612 over time

Sales
Unit 1612, 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, October 2009: AED 433,907 (AED 342 per sqft)Sold, September 2012: AED 433,907 (AED 342 per sqft)Sold, April 2018: AED 730,000 (AED 575 per sqft)

1612 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1612, 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, January 2013: AED 48,000 a yearNew contract, January 2015: AED 75,000 a yearRenewal, January 2016: AED 75,202 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 1612 sits

All 214 2-beds →

1612 last sold in April 2018 at AED 575 per sqft, 4% below what two-beds in Skycourt Towers C were fetching at the time (AED 601). 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. 1612's AED 75,202 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
16032-bedAED 760K · Mar 2024
1604StudioAED 182K · Mar 2012
1605StudioAED 182K · Dec 2015
16062-bedAED 830K · Sep 2016
1607StudioAED 380K · Apr 2016
1–7 of 22

1612, Skycourt Towers C in numbers

  • Sold 3 times: first on 23 October 2009 for AED 433,907, last on 19 April 2018 for AED 730,000 (AED 575 per sqft).
  • Rented since January 2013 on 3 Ejari contracts, from AED 48,000 to AED 75,202 a year.
  • At AED 75,202 a year the gross yield on the 2018 price is 10.3%, before a service charge of about AED 14,800 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 19 April 2018.

Questions about 1612, Skycourt Towers C

What did unit 1612 last sell for?

AED 730,000 on 19 April 2018: AED 575 per sqft for 1,268 sqft. The unit has 3 registered sales; the first was AED 433,907 in October 2009.

What is the rent for unit 1612?

AED 75,202 a year on the contract renewed on 3 January 2016. The previous contract, from January 2015, was AED 75,000; the unit has been rented since January 2013.

How big is unit 1612?

1,268 sqft (117.8 sqm): a two-bedroom apartment on the 16th floor of a 21-storey tower completed in 2011.

What is unit 1612 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 1612, Skycourt Towers C

Starts from the last sale price (AED 730K, 19 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 730,000
Deposit, UAE resident (20%)
AED 146,000
Deposit, non-resident (40%)
AED 292,000
Monthly over 25 years at 3.7%
AED 2,987

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