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1-bed · 843 sqftSkycourt Towers C, Dubailand Residence Complex · 5th floor · completed 2011

518, Skycourt Towers C

Sold prices and rental history: sold 3 times, last in May 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 518 · DLD and Ejari recordsUpdated 1 December 2023
Last soldAED 360K17 May 2023
Current rentAED 42K /yr1 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 518, Skycourt Towers C

What is 518 worth today?

Last sold for AED 360,000 in 2023

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1 Dec 2023RentedNew contract
AED 42,000/yr12 months · AED 50 per sqft
17 May 2023SoldReady
AED 360,000AED 427 per sqft
1 Dec 2022RentedNew contract
AED 34,000/yr12 months · AED 40 per sqft
1 Oct 2022RentedNew contract
AED 30,000/yr12 months · AED 36 per sqft
1 Aug 2021RentedRenewal
AED 30,000/yr12 months · AED 36 per sqft
1 Aug 2020RentedNew contract
AED 30,000/yr12 months · AED 36 per sqft
17 Apr 2012SoldReady
AED 581,270AED 689 per sqft
13 Sep 2009Sold by developerOff-plan
AED 581,270AED 689 per sqft

Source: Dubai Land Department. Updated 1 December 2023.

Key facts

Type
1-bed apartment
Size
843 sqft
Floor
5th of 21
Parking
P2 C 113
Developer
Sky Courts
Completed
2011
Service charge
AED 9,800 /yr
Last sold
AED 360K · May 2023
Building
Skycourt Towers C

About 518, Skycourt Towers C

518 is a one-bedroom apartment of 843 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 17 May 2023 for AED 360,000, or AED 427 per sqft, in line with the AED 432 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 1 December 2023, is AED 42,000 a year: a gross yield of 11.7% on the 2023 price, before the service charge of about AED 9,800 a year.

Sales and rents for 518 over time

Sales
Unit 518, each saleTypical one-bed in Skycourt Towers C
400K600K2009201420192024Typical sale price by year: 2009 AED 516,200; 2011 AED 516,200; 2012 AED 501,346; 2013 AED 501,346; 2014 AED 644,613; 2015 AED 482,000; 2016 AED 540,000; 2017 AED 582,500; 2018 AED 550,000; 2019 AED 400,000; 2020 AED 455,093; 2021 AED 325,000; 2022 AED 360,000; 2023 AED 390,000; 2024 AED 499,900; 2025 AED 529,949; 2026 AED 570,000Sold by developer, September 2009: AED 581,270 (AED 689 per sqft)Sold, April 2012: AED 581,270 (AED 689 per sqft)Sold, May 2023: AED 360,000 (AED 427 per sqft)

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

Rents
Unit 518, each contractTypical one-bed in Skycourt Towers C
40K20112015201920232027Typical rent by year: 2011 AED 34,871; 2012 AED 32,189; 2013 AED 36,813; 2014 AED 45,000; 2015 AED 50,000; 2016 AED 52,000; 2017 AED 50,000; 2018 AED 45,000; 2019 AED 36,000; 2020 AED 30,000; 2021 AED 26,000; 2022 AED 29,000; 2023 AED 34,000; 2024 AED 40,700; 2025 AED 47,000; 2026 AED 50,000New contract, August 2020: AED 30,000 a yearRenewal, August 2021: AED 30,000 a yearNew contract, October 2022: AED 30,000 a yearNew contract, December 2022: AED 34,000 a yearNew contract, December 2023: AED 42,000 a year

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

1-beds in Skycourt Towers C, and where 518 sits

All 162 1-beds →

518 last sold in May 2023 at AED 427 per sqft, in line with what one-beds in Skycourt Towers C were fetching at the time (AED 432). Over the last 12 months one-beds sold for AED 479,914 to 900,000, around AED 708 per sqft, and rent for AED 31,000 to 67,000 a year. 518's AED 42,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Oct 2026630,000
9 Oct 2026520,000
7 Oct 2026479,914
21 Sep 2026520,000
16 1-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

518, Skycourt Towers C in numbers

  • Sold 3 times: first on 13 September 2009 for AED 581,270, last on 17 May 2023 for AED 360,000 (AED 427 per sqft).
  • Rented since August 2020 on 5 Ejari contracts, from AED 30,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2023 price is 11.7%, before a service charge of about AED 9,800 a year (AED 11.64 per sqft).
  • One-beds in Skycourt Towers C sold for AED 479,914–900,000 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 518, Skycourt Towers C

What did unit 518 last sell for?

AED 360,000 on 17 May 2023: AED 427 per sqft for 843 sqft. The unit has 3 registered sales; the first was AED 581,270 in September 2009.

What is the rent for unit 518?

AED 42,000 a year on the contract signed on 1 December 2023. The previous contract, from December 2022, was AED 34,000; the unit has been rented since August 2020.

How big is unit 518?

843 sqft (78.3 sqm): a one-bedroom apartment on the 5th floor of a 21-storey tower completed in 2011.

What is unit 518 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Skycourt Towers C sold for AED 479,914 to 900,000 in the last 12 months, around AED 708 per sqft.

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Mortgage on 518, Skycourt Towers C

Starts from the last sale price (AED 360K, 17 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 360,000
Deposit, UAE resident (20%)
AED 72,000
Deposit, non-resident (40%)
AED 144,000
Monthly over 25 years at 3.7%
AED 1,473

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