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Studio · 441 sqftSkycourt Towers C, Dubailand Residence Complex · 7th floor · completed 2011

721, Skycourt Towers C

Sold prices and rental history: sold twice, last in February 2015, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 721 · DLD and Ejari recordsUpdated 20 June 2023
Last soldAED 305K9 February 2015
Current rentAED 27K /yr20 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 721, Skycourt Towers C

What is 721 worth today?

Last sold for AED 305,167 in 2015

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20 Jun 2023RentedNew contract
AED 27,000/yr12 months · AED 61 per sqft
15 Jun 2022RentedNew contract
AED 20,000/yr12 months · AED 45 per sqft
28 Aug 2020RentedNew contract
AED 18,000/yr12 months · AED 41 per sqft
1 Dec 2019RentedRenewal
AED 22,000/yr12 months · AED 50 per sqft
1 Dec 2018RentedRenewal
AED 27,000/yr12 months · AED 61 per sqft
1 Dec 2017RentedNew contract
AED 36,000/yr12 months · AED 82 per sqft
9 Feb 2015SoldReady
AED 305,167AED 691 per sqft
24 Nov 2014RentedNew contract
AED 40,000/yr12 months · AED 91 per sqft

Source: Dubai Land Department. Updated 20 June 2023.

Key facts

Type
Studio apartment
Size
441 sqft
Floor
7th of 21
Parking
P2 C 160
Developer
Sky Courts
Completed
2011
Service charge
AED 5,100 /yr
Last sold
AED 305K · February 2015
Building
Skycourt Towers C

About 721, Skycourt Towers C

721 is a studio of 441 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 9 February 2015 for AED 305,167, or AED 691 per sqft, 22% below the AED 888 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 20 June 2023, is AED 27,000 a year: a gross yield of 8.8% on the 2015 price, before the service charge of about AED 5,100 a year.

Sales and rents for 721 over time

Sales
Unit 721, 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 305,167 (AED 691 per sqft)Sold, February 2015: AED 305,167 (AED 691 per sqft)

721 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 721, 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, November 2014: AED 40,000 a yearNew contract, December 2017: AED 36,000 a yearRenewal, December 2018: AED 27,000 a yearRenewal, December 2019: AED 22,000 a yearNew contract, August 2020: AED 18,000 a yearNew contract, June 2022: AED 20,000 a yearNew contract, June 2023: AED 27,000 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 721 sits

All 115 studios →

721 last sold in February 2015 at AED 691 per sqft, 22% below what studios in Skycourt Towers C were fetching at the time (AED 888). 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. 721's AED 27,000 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 7th floor

All 468 units in Skycourt Towers C
Value
7012-bedAED 710K · Jun 2023
7022-bedAED 980K · Dec 2015
7032-bedAED 420K · Apr 2014
704StudioAED 249K · Aug 2023
705StudioAED 175K · Oct 2009
7062-bedAED 836K · Jan 2024
707StudioAED 210K · Feb 2021
1–7 of 18

721, Skycourt Towers C in numbers

  • Sold twice: first on 13 September 2009 for AED 305,167, last on 9 February 2015 for AED 305,167 (AED 691 per sqft).
  • Rented since November 2014 on 7 Ejari contracts. The rent fell from AED 40,000 to AED 18,000 in 2020 and recovered to AED 27,000 by June 2023.
  • At AED 27,000 a year the gross yield on the 2015 price is 8.8%, before a service charge of about AED 5,100 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 20 June 2023.

Questions about 721, Skycourt Towers C

What did unit 721 last sell for?

AED 305,167 on 9 February 2015: AED 691 per sqft for 441 sqft. The unit has 2 registered sales; the first was AED 305,167 in September 2009.

What is the rent for unit 721?

AED 27,000 a year on the contract signed on 20 June 2023. The previous contract, from June 2022, was AED 20,000; the unit has been rented since November 2014.

How big is unit 721?

441 sqft (41.0 sqm): a studio on the 7th floor of a 21-storey tower completed in 2011.

What is unit 721 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 721, Skycourt Towers C

Starts from the last sale price (AED 305K, 9 February 2015). Switch to today's estimate once you have unlocked it.
Price
AED 305,167
Deposit, UAE resident (20%)
AED 61,033
Deposit, non-resident (40%)
AED 122,067
Monthly over 25 years at 3.7%
AED 1,249

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