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2-bed · 1,287 sqftSkycourt Towers C, Dubailand Residence Complex · 5th floor · completed 2011

503, Skycourt Towers C

Sold prices and rental history: sold once, by the developer in December 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 1 December 2023
Last soldAED 836K1 December 2023
Current rentAED 42K /yr10 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 503, Skycourt Towers C

What is 503 worth today?

Last sold for AED 836,329 in 2023

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1 Dec 2023Sold by developerReady
AED 836,329AED 650 per sqft
10 Jan 2023RentedRenewal
AED 41,975/yr12 months · AED 33 per sqft
10 Jan 2022RentedRenewal
AED 36,500/yr12 months · AED 28 per sqft

Source: Dubai Land Department. Updated 1 December 2023.

Key facts

Type
2-bed apartment
Size
1,287 sqft
Floor
5th of 21
Parking
P2 C 97
Developer
Sky Courts
Completed
2011
Service charge
AED 15,000 /yr
Last sold
AED 836K · December 2023
Building
Skycourt Towers C

About 503, Skycourt Towers C

503 is a two-bedroom apartment of 1,287 sqft on the 5th floor of Skycourt Towers C, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. The developer sold it on 1 December 2023 for AED 836,329, or AED 650 per sqft, in line with the AED 650 two-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 10 January 2023, is AED 41,975 a year: a gross yield of 5.0% on the 2023 price, before the service charge of about AED 15,000 a year.

Sales and rents for 503 over time

Sales
Unit 503, 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, December 2023: AED 836,329 (AED 650 per sqft)

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

Rents
Unit 503, 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 70,000Renewal, January 2022: AED 36,500 a yearRenewal, January 2023: AED 41,975 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 503 sits

All 214 2-beds →

503 last sold in December 2023 at AED 650 per sqft, in line with 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. 503's AED 41,975 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
5012-bedAED 721K · Dec 2011
5022-bedAED 840K · Jun 2011
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

503, Skycourt Towers C in numbers

  • Sold once: by Sky Courts on 1 December 2023 for AED 836,329, or AED 650 per sqft.
  • Rented since January 2022 on 2 Ejari contracts, from AED 36,500 to AED 41,975 a year.
  • At AED 41,975 a year the gross yield on the 2023 price is 5.0%, 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 December 2023.

Questions about 503, Skycourt Towers C

What did unit 503 last sell for?

AED 836,329 on 1 December 2023, sold by the developer: AED 650 per sqft for 1,287 sqft. It is the only registered sale of the unit.

What is the rent for unit 503?

AED 41,975 a year on the contract renewed on 10 January 2023. The previous contract, from January 2022, was AED 36,500.

How big is unit 503?

1,287 sqft (119.6 sqm): a two-bedroom apartment on the 5th floor of a 21-storey tower completed in 2011.

What is unit 503 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 503, Skycourt Towers C

Starts from the last sale price (AED 836K, 1 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 836,329
Deposit, UAE resident (20%)
AED 167,266
Deposit, non-resident (40%)
AED 334,532
Monthly over 25 years at 3.7%
AED 3,422

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