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2-bed · 1,268 sqftSkycourt Towers C, Dubailand Residence Complex · 5th floor · completed 2011

512, Skycourt Towers C

Sold prices and rental history: sold 3 times, last in July 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 512 · DLD and Ejari recordsUpdated 27 July 2023
Last soldAED 595K27 July 2023
Current rentAED 37K /yr1 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 512, Skycourt Towers C

What is 512 worth today?

Last sold for AED 595,000 in 2023

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27 Jul 2023SoldReady
AED 595,000AED 469 per sqft
1 Mar 2023RentedRenewal
AED 37,200/yr8 months · AED 29 per sqft
1 Mar 2022RentedRenewal
AED 31,000/yr12 months · AED 24 per sqft
1 Mar 2021RentedNew contract
AED 31,000/yr12 months · AED 24 per sqft
1 Nov 2019RentedRenewal
AED 58,000/yr12 months · AED 46 per sqft
1 Nov 2018RentedRenewal
AED 61,000/yr12 months · AED 48 per sqft
1 Nov 2017RentedNew contract
AED 65,000/yr12 months · AED 51 per sqft
1 Mar 2013RentedNew contract
AED 45,000/yr12 months · AED 35 per sqft

Source: Dubai Land Department. Updated 27 July 2023.

Key facts

Type
2-bed apartment
Size
1,268 sqft
Floor
5th of 21
Parking
P2 C 107
Developer
Sky Courts
Completed
2011
Service charge
AED 14,800 /yr
Last sold
AED 595K · July 2023
Building
Skycourt Towers C

About 512, Skycourt Towers C

512 is a two-bedroom apartment of 1,268 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 27 July 2023 for AED 595,000, or AED 469 per sqft, 3% above the AED 454 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 1 March 2023, is AED 37,200 a year: a gross yield of 6.3% on the 2023 price, before the service charge of about AED 14,800 a year.

Sales and rents for 512 over time

Sales
Unit 512, 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, October 2009: AED 421,421 (AED 332 per sqft)Sold, December 2012: AED 421,421 (AED 332 per sqft)Sold, July 2023: AED 595,000 (AED 469 per sqft)

512 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 512, 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, March 2013: AED 45,000 a yearNew contract, November 2017: AED 65,000 a yearRenewal, November 2018: AED 61,000 a yearRenewal, November 2019: AED 58,000 a yearNew contract, March 2021: AED 31,000 a yearRenewal, March 2022: AED 31,000 a yearRenewal, March 2023: AED 37,200 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 512 sits

All 214 2-beds →

512 last sold in July 2023 at AED 469 per sqft, 3% above what two-beds in Skycourt Towers C were fetching at the time (AED 454). 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. 512's AED 37,200 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
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

512, Skycourt Towers C in numbers

  • Sold 3 times: first on 23 October 2009 for AED 421,421, last on 27 July 2023 for AED 595,000 (AED 469 per sqft).
  • Rented since March 2013 on 7 Ejari contracts. The rent fell from AED 45,000 to AED 31,000 in 2022 and recovered to AED 37,200 by March 2023.
  • At AED 37,200 a year the gross yield on the 2023 price is 6.3%, 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 27 July 2023.

Questions about 512, Skycourt Towers C

What did unit 512 last sell for?

AED 595,000 on 27 July 2023: AED 469 per sqft for 1,268 sqft. The unit has 3 registered sales; the first was AED 421,421 in October 2009.

What is the rent for unit 512?

AED 37,200 a year on the contract renewed on 1 March 2023. The previous contract, from March 2022, was AED 31,000; the unit has been rented since March 2013.

How big is unit 512?

1,268 sqft (117.8 sqm): a two-bedroom apartment on the 5th floor of a 21-storey tower completed in 2011.

What is unit 512 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 512, Skycourt Towers C

Starts from the last sale price (AED 595K, 27 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 595,000
Deposit, UAE resident (20%)
AED 119,000
Deposit, non-resident (40%)
AED 238,000
Monthly over 25 years at 3.7%
AED 2,434

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