2-bed · 1,287 sqftSkycourt Towers C, Dubailand Residence Complex · 7th floor · completed 2011

702, Skycourt Towers C

Sold prices and rental history: sold 3 times, last in December 2015, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 14 December 2015
Last soldAED 980K14 December 2015
Current rentAED 90K /yr1 December 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Skycourt Towers C

What is 702 worth today?

Last sold for AED 980,000 in 2015

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14 Dec 2015SoldReady
AED 980,000AED 761 per sqft
1 Dec 2014RentedNew contract
AED 90,000/yr12 months · AED 70 per sqft
20 Jul 2013RentedNew contract
AED 70,000/yr12 months · AED 54 per sqft
30 Jan 2013SoldReady
AED 419,806AED 326 per sqft
23 Oct 2009Sold by developerOff-plan
AED 419,806AED 326 per sqft

Source: Dubai Land Department. Updated 14 December 2015.

Key facts

Type
2-bed apartment
Size
1,287 sqft
Floor
7th of 21
Parking
P2 C 145
Developer
Sky Courts
Completed
2011
Service charge
AED 15,000 /yr
Last sold
AED 980K · December 2015

About 702, Skycourt Towers C

702 is a two-bedroom apartment of 1,287 sqft on the 7th floor of Skycourt Towers C, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. It last sold on 14 December 2015 for AED 980,000, or AED 761 per sqft, 43% above the AED 533 two-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 1 December 2014, is AED 90,000 a year: a gross yield of 9.2% on the 2015 price, before the service charge of about AED 15,000 a year.

Sales and rents for 702 over time

Sales
Unit 702, 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 419,806 (AED 326 per sqft)Sold, January 2013: AED 419,806 (AED 326 per sqft)Sold, December 2015: AED 980,000 (AED 761 per sqft)

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

Rents
Unit 702, each contractTypical two-bed in Skycourt Towers C
50K75K2012201620202024Typical 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, July 2013: AED 70,000 a yearNew contract, December 2014: AED 90,000 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 702 sits

All 214 2-beds →

702 last sold in December 2015 at AED 761 per sqft, 43% above what two-beds in Skycourt Towers C were fetching at the time (AED 533). 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. 702's AED 90,000 is in the upper half 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 7th floor

All 468 units in Skycourt Towers C
Value
7012-bedAED 710K · Jun 2023
7032-bedAED 420K · Apr 2014
704StudioAED 249K · Aug 2023
705StudioAED 175K · Oct 2009
7062-bedAED 836K · Jan 2024
707StudioAED 210K · Feb 2021
708StudioAED 136K · Dec 2015
1–7 of 18

702, Skycourt Towers C in numbers

  • Sold 3 times: first on 23 October 2009 for AED 419,806, last on 14 December 2015 for AED 980,000 (AED 761 per sqft).
  • Rented since July 2013 on 2 Ejari contracts, from AED 70,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2015 price is 9.2%, 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 14 December 2015.

Questions about 702, Skycourt Towers C

What did unit 702 last sell for?

AED 980,000 on 14 December 2015: AED 761 per sqft for 1,287 sqft. The unit has 3 registered sales; the first was AED 419,806 in October 2009.

What is the rent for unit 702?

AED 90,000 a year on the contract signed on 1 December 2014. The previous contract, from July 2013, was AED 70,000.

How big is unit 702?

1,287 sqft (119.6 sqm): a two-bedroom apartment on the 7th floor of a 21-storey tower completed in 2011.

What is unit 702 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 702, Skycourt Towers C

Starts from the last sale price (AED 980K, 14 December 2015). Switch to today's estimate once you have unlocked it.
Price
AED 980,000
Deposit, UAE resident (20%)
AED 196,000
Deposit, non-resident (40%)
AED 392,000
Monthly over 25 years at 3.7%
AED 4,009

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