2-bed · 1,268 sqftSkycourt Towers C, Dubailand Residence Complex · 20th floor · completed 2011

2012, Skycourt Towers C

Sold prices and rental history: sold 4 times, last in October 2022, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2012 · DLD and Ejari recordsUpdated 11 April 2023
Last soldAED 550K5 October 2022
Current rentAED 44K /yr11 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2012, Skycourt Towers C

What is 2012 worth today?

Last sold for AED 550,000 in 2022

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11 Apr 2023RentedNew contract
AED 43,822/yr10 months · AED 35 per sqft
5 Oct 2022SoldReady
AED 550,000AED 433 per sqft
11 Apr 2022RentedRenewal
AED 40,000/yr12 months · AED 32 per sqft
11 Apr 2021RentedNew contract
AED 38,000/yr12 months · AED 30 per sqft
11 Jun 2020SoldReady
AED 684,873AED 540 per sqft
15 Jan 2020RentedNew contract
AED 43,000/yr12 months · AED 34 per sqft
1 Jun 2019RentedRenewal
AED 50,000/yr12 months · AED 39 per sqft
1 Jun 2018RentedNew contract
AED 60,000/yr12 months · AED 47 per sqft

Source: Dubai Land Department. Updated 11 April 2023.

Key facts

Type
2-bed apartment
Size
1,268 sqft
Floor
20th of 21
Parking
B C 102
Developer
Sky Courts
Completed
2011
Service charge
AED 14,800 /yr
Last sold
AED 550K · October 2022

About 2012, Skycourt Towers C

2012 is a two-bedroom apartment of 1,268 sqft on the 20th floor of Skycourt Towers C, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. It last sold on 5 October 2022 for AED 550,000, or AED 433 per sqft, in line with the AED 430 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, signed on 11 April 2023, is AED 43,822 a year: a gross yield of 8.0% on the 2022 price, before the service charge of about AED 14,800 a year.

Sales and rents for 2012 over time

Sales
Unit 2012, 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 1,116,342 (AED 880 per sqft)Sold, May 2014: AED 1,116,344 (AED 880 per sqft)Sold, June 2020: AED 684,873 (AED 540 per sqft)Sold, October 2022: AED 550,000 (AED 433 per sqft)

2012 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2012, 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, May 2016: AED 71,000 a yearNew contract, May 2017: AED 65,000 a yearNew contract, June 2018: AED 60,000 a yearRenewal, June 2019: AED 50,000 a yearNew contract, January 2020: AED 43,000 a yearNew contract, April 2021: AED 38,000 a yearRenewal, April 2022: AED 40,000 a yearNew contract, April 2023: AED 43,822 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 2012 sits

All 214 2-beds →

2012 last sold in October 2022 at AED 433 per sqft, in line with what two-beds in Skycourt Towers C were fetching at the time (AED 430). 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. 2012's AED 43,822 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 20th floor

All 468 units in Skycourt Towers C
Value
20012-bedAED 748K · May 2011
20022-bedAED 712K · May 2011
20032-bedAED 592K · Aug 2026
2004StudioAED 233K · Mar 2012
2005StudioAED 305K · Oct 2013
20062-bedAED 1.09M · Sep 2018
2007StudioAED 330K · Sep 2015
1–7 of 22

2012, Skycourt Towers C in numbers

  • Sold 4 times: first on 22 July 2009 for AED 1,116,342, last on 5 October 2022 for AED 550,000 (AED 433 per sqft).
  • Rented since May 2016 on 8 Ejari contracts. The rent fell from AED 71,000 to AED 38,000 in 2021 and recovered to AED 43,822 by April 2023.
  • At AED 43,822 a year the gross yield on the 2022 price is 8.0%, 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 11 April 2023.

Questions about 2012, Skycourt Towers C

What did unit 2012 last sell for?

AED 550,000 on 5 October 2022: AED 433 per sqft for 1,268 sqft. The unit has 4 registered sales; the first was AED 1,116,342 in July 2009.

What is the rent for unit 2012?

AED 43,822 a year on the contract signed on 11 April 2023. The previous contract, from April 2022, was AED 40,000; the unit has been rented since May 2016.

How big is unit 2012?

1,268 sqft (117.8 sqm): a two-bedroom apartment on the 20th floor of a 21-storey tower completed in 2011.

What is unit 2012 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 2012, Skycourt Towers C

Starts from the last sale price (AED 550K, 5 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

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