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Studio · 428 sqftSkycourt Towers C, Dubailand Residence Complex · 5th floor · completed 2011

508, Skycourt Towers C

Sold prices and rental history: sold 3 times, last in February 2017, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 5 November 2024
Last soldAED 430K7 February 2017
Current rentAED 28K /yr5 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 508, Skycourt Towers C

What is 508 worth today?

Last sold for AED 430,000 in 2017

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5 Nov 2024RentedRenewal
AED 28,000/yr12 months · AED 65 per sqft
5 Nov 2023RentedRenewal
AED 25,000/yr12 months · AED 58 per sqft
5 Nov 2022RentedNew contract
AED 22,000/yr12 months · AED 51 per sqft
20 Sep 2021RentedNew contract
AED 16,000/yr12 months · AED 37 per sqft
1 Mar 2021RentedNew contract
AED 17,000/yr12 months · AED 39 per sqft
1 Oct 2019RentedRenewal
AED 25,000/yr12 months · AED 58 per sqft
1 Oct 2018RentedNew contract
AED 27,000/yr12 months · AED 63 per sqft
15 Aug 2017RentedNew contract
AED 37,000/yr12 months · AED 86 per sqft

Source: Dubai Land Department. Updated 5 November 2024.

Key facts

Type
Studio apartment
Size
428 sqft
Floor
5th of 21
Parking
P2 C 102
Developer
Sky Courts
Completed
2011
Service charge
AED 5,000 /yr
Last sold
AED 430K · February 2017
Building
Skycourt Towers C

About 508, Skycourt Towers C

508 is a studio of 428 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 7 February 2017 for AED 430,000, or AED 1,004 per sqft, 10% above the AED 911 studios in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 5 November 2024, is AED 28,000 a year: a gross yield of 6.5% on the 2017 price, before the service charge of about AED 5,000 a year.

Sales and rents for 508 over time

Sales
Unit 508, 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, September 2009: AED 272,874 (AED 637 per sqft)Sold, January 2012: AED 272,874 (AED 637 per sqft)Sold, February 2017: AED 430,000 (AED 1,004 per sqft)

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

Rents
Unit 508, each contractTypical studio in Skycourt Towers C
20K40K2012201620202024Typical 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, June 2012: AED 15,000 a yearNew contract, June 2013: AED 15,000 a yearRenewal, June 2014: AED 30,000 a yearNew contract, August 2017: AED 37,000 a yearNew contract, October 2018: AED 27,000 a yearRenewal, October 2019: AED 25,000 a yearNew contract, March 2021: AED 17,000 a yearNew contract, September 2021: AED 16,000 a yearNew contract, November 2022: AED 22,000 a yearRenewal, November 2023: AED 25,000 a yearRenewal, November 2024: AED 28,000 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 508 sits

All 115 studios →

508 last sold in February 2017 at AED 1,004 per sqft, 10% above what studios in Skycourt Towers C were fetching at the time (AED 911). 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. 508's AED 28,000 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
505StudioAED 300K · Jul 2019
5062-bedAED 484K · Feb 2026
507StudioAED 370K · Sep 2026
1–7 of 23

508, Skycourt Towers C in numbers

  • Sold 3 times: first on 13 September 2009 for AED 272,874, last on 7 February 2017 for AED 430,000 (AED 1,004 per sqft).
  • Rented since June 2012 on 11 Ejari contracts, from AED 15,000 to AED 28,000 a year.
  • At AED 28,000 a year the gross yield on the 2017 price is 6.5%, before a service charge of about AED 5,000 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 5 November 2024.

Questions about 508, Skycourt Towers C

What did unit 508 last sell for?

AED 430,000 on 7 February 2017: AED 1,004 per sqft for 428 sqft. The unit has 3 registered sales; the first was AED 272,874 in September 2009.

What is the rent for unit 508?

AED 28,000 a year on the contract renewed on 5 November 2024. The previous contract, from November 2023, was AED 25,000; the unit has been rented since June 2012.

How big is unit 508?

428 sqft (39.8 sqm): a studio on the 5th floor of a 21-storey tower completed in 2011.

What is unit 508 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 508, Skycourt Towers C

Starts from the last sale price (AED 430K, 7 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 430,000
Deposit, UAE resident (20%)
AED 86,000
Deposit, non-resident (40%)
AED 172,000
Monthly over 25 years at 3.7%
AED 1,759

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