2-bed · 1,094 sqftSkycourt Towers C, Dubailand Residence Complex · 7th floor · completed 2011

722, Skycourt Towers C

Sold prices and rental history: sold twice, last in May 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 722 · DLD and Ejari recordsUpdated 20 July 2023
Last soldAED 712K13 May 2013
Current rentAED 55K /yr20 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 722, Skycourt Towers C

What is 722 worth today?

Last sold for AED 712,056 in 2013

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20 Jul 2023RentedRenewal
AED 55,000/yr12 months · AED 50 per sqft
20 Jul 2022RentedNew contract
AED 40,000/yr12 months · AED 37 per sqft
5 Nov 2020RentedRenewal
AED 42,000/yr12 months · AED 38 per sqft
5 Nov 2019RentedRenewal
AED 43,000/yr12 months · AED 39 per sqft
5 Nov 2018RentedRenewal
AED 55,000/yr12 months · AED 50 per sqft
5 Nov 2017RentedRenewal
AED 70,000/yr12 months · AED 64 per sqft
5 Nov 2016RentedNew contract
AED 70,000/yr12 months · AED 64 per sqft
5 Nov 2014RentedNew contract
AED 70,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 20 July 2023.

Key facts

Type
2-bed apartment
Size
1,094 sqft
Floor
7th of 21
Parking
P2 C 161
Developer
Sky Courts
Completed
2011
Service charge
AED 12,700 /yr
Last sold
AED 712K · May 2013

About 722, Skycourt Towers C

722 is a two-bedroom apartment of 1,094 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 13 May 2013 for AED 712,056, or AED 650 per sqft, 92% above the AED 338 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 20 July 2023, is AED 55,000 a year: a gross yield of 7.7% on the 2013 price, before the service charge of about AED 12,700 a year.

Sales and rents for 722 over time

Sales
Unit 722, each saleTypical two-bed in Skycourt Towers C
500K750K1M2009201420192024Typical 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, September 2009: AED 712,056 (AED 650 per sqft)Sold, May 2013: AED 712,056 (AED 650 per sqft)

722 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 722, 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, November 2012: AED 42,000 a yearNew contract, November 2013: AED 55,000 a yearNew contract, November 2014: AED 70,000 a yearNew contract, November 2016: AED 70,000 a yearRenewal, November 2017: AED 70,000 a yearRenewal, November 2018: AED 55,000 a yearRenewal, November 2019: AED 43,000 a yearRenewal, November 2020: AED 42,000 a yearNew contract, July 2022: AED 40,000 a yearRenewal, July 2023: AED 55,000 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 722 sits

All 214 2-beds →

722 last sold in May 2013 at AED 650 per sqft, 92% above what two-beds in Skycourt Towers C were fetching at the time (AED 338). 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. 722's AED 55,000 is in the lower 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
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

722, Skycourt Towers C in numbers

  • Sold twice: first on 13 September 2009 for AED 712,056, last on 13 May 2013 for AED 712,056 (AED 650 per sqft).
  • Rented since November 2012 on 10 Ejari contracts, from AED 42,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2013 price is 7.7%, before a service charge of about AED 12,700 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 20 July 2023.

Questions about 722, Skycourt Towers C

What did unit 722 last sell for?

AED 712,056 on 13 May 2013: AED 650 per sqft for 1,094 sqft. The unit has 2 registered sales; the first was AED 712,056 in September 2009.

What is the rent for unit 722?

AED 55,000 a year on the contract renewed on 20 July 2023. The previous contract, from July 2022, was AED 40,000; the unit has been rented since November 2012.

How big is unit 722?

1,094 sqft (101.6 sqm): a two-bedroom apartment on the 7th floor of a 21-storey tower completed in 2011.

What is unit 722 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 722, Skycourt Towers C

Starts from the last sale price (AED 712K, 13 May 2013). Switch to today's estimate once you have unlocked it.
Price
AED 712,056
Deposit, UAE resident (20%)
AED 142,411
Deposit, non-resident (40%)
AED 284,822
Monthly over 25 years at 3.7%
AED 2,913

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