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Studio · 546 sqftSkycourt Towers C, Dubailand Residence Complex · 5th floor · completed 2011

505, Skycourt Towers C

Sold prices and rental history: sold 3 times, last in July 2019, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 11 July 2019
Last soldAED 300K11 July 2019
Current rentAED 33K /yr17 September 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 505, Skycourt Towers C

What is 505 worth today?

Last sold for AED 300,000 in 2019

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11 Jul 2019SoldReady
AED 300,000AED 548 per sqft
17 Sep 2018RentedNew contract
AED 33,000/yr12 months · AED 60 per sqft
5 Sep 2014RentedNew contract
AED 30,000/yr12 months · AED 55 per sqft
5 Sep 2012RentedNew contract
AED 24,000/yr12 months · AED 44 per sqft
19 Apr 2012SoldReady
AED 349,839AED 640 per sqft
5 Aug 2009Sold by developerOff-plan
AED 349,839AED 640 per sqft

Source: Dubai Land Department. Updated 11 July 2019.

Key facts

Type
Studio apartment
Size
546 sqft
Floor
5th of 21
Parking
P2 C 99
Developer
Sky Courts
Completed
2011
Service charge
AED 6,400 /yr
Last sold
AED 300K · July 2019
Building
Skycourt Towers C

About 505, Skycourt Towers C

505 is a studio of 546 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 11 July 2019 for AED 300,000, or AED 548 per sqft, 38% below the AED 887 studios in the building were fetching at the time.

It has been rented since 2012 on 3 Ejari contracts. The current contract, signed on 17 September 2018, is AED 33,000 a year: a gross yield of 11.0% on the 2019 price, before the service charge of about AED 6,400 a year.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical studio in Skycourt Towers C
200K400K2009201420192024Typical sale price by year: 2009 AED 232,508; 2011 AED 278,122; 2012 AED 268,937; 2013 AED 296,932; 2014 AED 390,000; 2015 AED 152,583; 2016 AED 391,000; 2017 AED 400,000; 2018 AED 500,000; 2019 AED 300,000; 2020 AED 437,436; 2021 AED 222,500; 2022 AED 216,000; 2023 AED 262,500; 2024 AED 330,000; 2025 AED 370,000; 2026 AED 382,557Sold by developer, August 2009: AED 349,839 (AED 640 per sqft)Sold, April 2012: AED 349,839 (AED 640 per sqft)Sold, July 2019: AED 300,000 (AED 548 per sqft)

505 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 505, each contractTypical studio in Skycourt Towers C
20K30K40K2012201620202024Typical rent by year: 2012 AED 23,912; 2013 AED 23,956; 2014 AED 40,000; 2015 AED 40,000; 2016 AED 40,000; 2017 AED 36,000; 2018 AED 33,000; 2019 AED 26,000; 2020 AED 22,000; 2021 AED 18,000; 2022 AED 22,000; 2023 AED 26,000; 2024 AED 31,593; 2025 AED 36,000; 2026 AED 36,000New contract, September 2012: AED 24,000 a yearNew contract, September 2014: AED 30,000 a yearNew contract, September 2018: AED 33,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Skycourt Towers C, and where 505 sits

All 115 studios →

505 last sold in July 2019 at AED 548 per sqft, 38% below what studios in Skycourt Towers C were fetching at the time (AED 887). Over the last 12 months studios sold for AED 315,622 to 440,000, around AED 865 per sqft, and rent for AED 25,000 to 99,000 a year. 505's AED 33,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
3 Nov 2026315,622
14 Sep 2026382,557
8 Sep 2026370,366
3 Sep 2026380,000
9 studio 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
5032-bedAED 836K · Dec 2023
504StudioAED 360K · Mar 2024
5062-bedAED 484K · Feb 2026
507StudioAED 370K · Sep 2026
508StudioAED 430K · Feb 2017
1–7 of 23

505, Skycourt Towers C in numbers

  • Sold 3 times: first on 5 August 2009 for AED 349,839, last on 11 July 2019 for AED 300,000 (AED 548 per sqft).
  • Rented since September 2012 on 3 Ejari contracts, from AED 24,000 to AED 33,000 a year.
  • At AED 33,000 a year the gross yield on the 2019 price is 11.0%, before a service charge of about AED 6,400 a year (AED 11.64 per sqft).
  • Studios in Skycourt Towers C sold for AED 315,622–440,000 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 July 2019.

Questions about 505, Skycourt Towers C

What did unit 505 last sell for?

AED 300,000 on 11 July 2019: AED 548 per sqft for 546 sqft. The unit has 3 registered sales; the first was AED 349,839 in August 2009.

What is the rent for unit 505?

AED 33,000 a year on the contract signed on 17 September 2018. The previous contract, from September 2014, was AED 30,000; the unit has been rented since September 2012.

How big is unit 505?

546 sqft (50.7 sqm): a studio on the 5th floor of a 21-storey tower completed in 2011.

What is unit 505 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Skycourt Towers C sold for AED 315,622 to 440,000 in the last 12 months, around AED 865 per sqft.

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Mortgage on 505, Skycourt Towers C

Starts from the last sale price (AED 300K, 11 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 300,000
Deposit, UAE resident (20%)
AED 60,000
Deposit, non-resident (40%)
AED 120,000
Monthly over 25 years at 3.7%
AED 1,227

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