2-bed · 1,247 sqftSkycourt Towers C, Dubailand Residence Complex · 9th floor · completed 2011

923, Skycourt Towers C

Sold prices and rental history: sold 3 times, last in August 2016, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 923 · DLD and Ejari recordsUpdated 7 August 2016
Last soldAED 423K7 August 2016
Current rentAED 61K /yr15 December 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 923, Skycourt Towers C

What is 923 worth today?

Last sold for AED 422,500 in 2016

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7 Aug 2016SoldReady
AED 422,500AED 338 per sqft
15 Dec 2014RentedNew contract
AED 61,000/yr12 months · AED 49 per sqft
15 Dec 2014RentedRenewal
AED 61,000/yr12 months · AED 49 per sqft
15 Dec 2013RentedNew contract
AED 51,000/yr12 months · AED 41 per sqft
15 Nov 2012RentedNew contract
AED 47,000/yr12 months · AED 38 per sqft
8 Mar 2012SoldReady
AED 850,108AED 681 per sqft
13 Sep 2009Sold by developerOff-plan
AED 850,108AED 681 per sqft

Source: Dubai Land Department. Updated 7 August 2016.

Key facts

Type
2-bed apartment
Size
1,247 sqft
Floor
9th of 21
Parking
P1 C 27
Developer
Sky Courts
Completed
2011
Service charge
AED 14,500 /yr
Last sold
AED 423K · August 2016

About 923, Skycourt Towers C

923 is a two-bedroom apartment of 1,247 sqft on the 9th floor of Skycourt Towers C, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. It last sold on 7 August 2016 for AED 422,500, or AED 338 per sqft, in line with the AED 338 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, signed on 15 December 2014, is AED 61,000 a year: a gross yield of 14.4% on the 2016 price, before the service charge of about AED 14,500 a year.

Sales and rents for 923 over time

Sales
Unit 923, 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, September 2009: AED 850,108 (AED 681 per sqft)Sold, March 2012: AED 850,108 (AED 681 per sqft)Sold, August 2016: AED 422,500 (AED 338 per sqft)

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

Rents
Unit 923, 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 47,000 a yearNew contract, December 2013: AED 51,000 a yearNew contract, December 2014: AED 61,000 a yearRenewal, December 2014: AED 61,000 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 923 sits

All 214 2-beds →

923 last sold in August 2016 at AED 338 per sqft, in line with 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. 923's AED 61,000 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 9th floor

All 468 units in Skycourt Towers C
Value
9012-bedAED 461K · Nov 2022
9032-bedAED 810K · Mar 2018
904StudioAED 136K · Dec 2015
905StudioAED 175K · Dec 2015
9062-bedAED 740K · Mar 2024
907StudioAED 400K · Jan 2017
908StudioAED 210K · Oct 2021
1–7 of 21

923, Skycourt Towers C in numbers

  • Sold 3 times: first on 13 September 2009 for AED 850,108, last on 7 August 2016 for AED 422,500 (AED 338 per sqft).
  • Rented since November 2012 on 4 Ejari contracts, from AED 47,000 to AED 61,000 a year.
  • At AED 61,000 a year the gross yield on the 2016 price is 14.4%, before a service charge of about AED 14,500 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 7 August 2016.

Questions about 923, Skycourt Towers C

What did unit 923 last sell for?

AED 422,500 on 7 August 2016: AED 338 per sqft for 1,247 sqft. The unit has 3 registered sales; the first was AED 850,108 in September 2009.

What is the rent for unit 923?

AED 61,000 a year on the contract signed on 15 December 2014. The previous contract, from December 2014, was AED 61,000; the unit has been rented since November 2012.

How big is unit 923?

1,247 sqft (115.9 sqm): a two-bedroom apartment on the 9th floor of a 21-storey tower completed in 2011.

What is unit 923 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 923, Skycourt Towers C

Starts from the last sale price (AED 423K, 7 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 422,500
Deposit, UAE resident (20%)
AED 84,500
Deposit, non-resident (40%)
AED 169,000
Monthly over 25 years at 3.7%
AED 1,729

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