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2-bed · 1,093 sqftSkycourt Towers C, Dubailand Residence Complex · 5th floor · completed 2011

501, Skycourt Towers C

Sold prices and rental history: sold twice, last in December 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 22 December 2023
Last soldAED 721K15 December 2011
Current rentAED 20K /yr22 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 501, Skycourt Towers C

What is 501 worth today?

Last sold for AED 720,667 in 2011

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22 Dec 2023RentedRenewal
AED 19,833/yr36 months · AED 18 per sqft
22 Dec 2022RentedNew contract
AED 44,000/yr12 months · AED 40 per sqft
25 Nov 2020RentedNew contract
AED 35,000/yr12 months · AED 32 per sqft
1 Jul 2019RentedNew contract
AED 45,000/yr12 months · AED 41 per sqft
1 Dec 2018RentedRenewal
AED 53,000/yr12 months · AED 48 per sqft
1 Dec 2017RentedRenewal
AED 60,000/yr12 months · AED 55 per sqft
1 Dec 2016RentedRenewal
AED 70,000/yr12 months · AED 64 per sqft
1 Dec 2015RentedRenewal
AED 70,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 22 December 2023.

Key facts

Type
2-bed apartment
Size
1,093 sqft
Floor
5th of 21
Parking
P2 C 95
Developer
Sky Courts
Completed
2011
Service charge
AED 12,700 /yr
Last sold
AED 721K · December 2011
Building
Skycourt Towers C

About 501, Skycourt Towers C

501 is a two-bedroom apartment of 1,093 sqft on the 5th floor of Skycourt Towers C, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. It last sold on 15 December 2011 for AED 720,667, or AED 659 per sqft, 3% above the AED 637 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 22 December 2023, is AED 19,833 a year: a gross yield of 2.8% on the 2011 price, before the service charge of about AED 12,700 a year.

Sales and rents for 501 over time

Sales
Unit 501, 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 720,667 (AED 659 per sqft)Sold, December 2011: AED 720,667 (AED 659 per sqft)

501 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 501, each contractTypical two-bed in Skycourt Towers C
25K50K75K2012201620202024Typical 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 60,000 a yearNew contract, December 2014: AED 70,000 a yearRenewal, December 2015: AED 70,000 a yearRenewal, December 2016: AED 70,000 a yearRenewal, December 2017: AED 60,000 a yearRenewal, December 2018: AED 53,000 a yearNew contract, July 2019: AED 45,000 a yearNew contract, November 2020: AED 35,000 a yearNew contract, December 2022: AED 44,000 a yearRenewal, December 2023: AED 19,833 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 501 sits

All 214 2-beds →

501 last sold in December 2011 at AED 659 per sqft, 3% above what two-beds in Skycourt Towers C were fetching at the time (AED 637). 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. 501's AED 19,833 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 5th floor

All 468 units in Skycourt Towers C
Value
5022-bedAED 840K · Jun 2011
5032-bedAED 836K · Dec 2023
504StudioAED 360K · Mar 2024
505StudioAED 300K · Jul 2019
5062-bedAED 484K · Feb 2026
507StudioAED 370K · Sep 2026
508StudioAED 430K · Feb 2017
1–7 of 23

501, Skycourt Towers C in numbers

  • Sold twice: first on 13 September 2009 for AED 720,667, last on 15 December 2011 for AED 720,667 (AED 659 per sqft).
  • Rented since November 2014 on 10 Ejari contracts, from AED 60,000 to AED 19,833 a year.
  • At AED 19,833 a year the gross yield on the 2011 price is 2.8%, before a service charge of about AED 12,700 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 22 December 2023.

Questions about 501, Skycourt Towers C

What did unit 501 last sell for?

AED 720,667 on 15 December 2011: AED 659 per sqft for 1,093 sqft. The unit has 2 registered sales; the first was AED 720,667 in September 2009.

What is the rent for unit 501?

AED 19,833 a year on the contract renewed on 22 December 2023. The previous contract, from December 2022, was AED 44,000; the unit has been rented since November 2014.

How big is unit 501?

1,093 sqft (101.5 sqm): a two-bedroom apartment on the 5th floor of a 21-storey tower completed in 2011.

What is unit 501 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 501, Skycourt Towers C

Starts from the last sale price (AED 721K, 15 December 2011). Switch to today's estimate once you have unlocked it.
Price
AED 720,667
Deposit, UAE resident (20%)
AED 144,133
Deposit, non-resident (40%)
AED 288,267
Monthly over 25 years at 3.7%
AED 2,948

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