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2-bed · 1,592 sqftSkycourt Towers C, Dubailand Residence Complex · completed 2011

P306, Skycourt Towers C

Sold prices and rental history: sold once, by the developer in March 2016, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P306 · DLD and Ejari recordsUpdated 30 March 2016
Last soldAED 490K30 March 2016
Current rentAED 52K /yr1 September 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for P306, Skycourt Towers C

What is P306 worth today?

Last sold for AED 490,000 in 2016

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30 Mar 2016Sold by developerReady
AED 490,000AED 307 per sqft
1 Sep 2014RentedRenewal
AED 51,614/yr12 months · AED 32 per sqft
1 Sep 2013RentedRenewal
AED 49,156/yr12 months · AED 31 per sqft
1 Sep 2012RentedNew contract
AED 46,815/yr12 months · AED 29 per sqft

Source: Dubai Land Department. Updated 30 March 2016.

Key facts

Type
2-bed apartment
Size
1,592 sqft
Parking
B C 132 0
Developer
Sky Courts
Completed
2011
Service charge
AED 18,500 /yr
Last sold
AED 490K · March 2016
Building
Skycourt Towers C

About P306, Skycourt Towers C

P306 is a two-bedroom apartment of 1,592 sqft of Skycourt Towers C, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. The developer sold it on 30 March 2016 for AED 490,000, or AED 307 per sqft, 9% below the AED 338 two-beds in the building were fetching at the time.

It has been rented since 2012 on 3 Ejari contracts. The current contract, renewed on 1 September 2014, is AED 51,614 a year: a gross yield of 10.5% on the 2016 price, before the service charge of about AED 18,500 a year.

Sales and rents for P306 over time

Sales
Unit P306, 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, March 2016: AED 490,000 (AED 307 per sqft)

P306 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit P306, 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, September 2012: AED 46,815 a yearRenewal, September 2013: AED 49,156 a yearRenewal, September 2014: AED 51,614 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 P306 sits

All 214 2-beds →

P306 last sold in March 2016 at AED 307 per sqft, 9% below 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. P306's AED 51,614 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 →

P306, Skycourt Towers C in numbers

  • Sold once: by Sky Courts on 30 March 2016 for AED 490,000, or AED 307 per sqft.
  • Rented since September 2012 on 3 Ejari contracts, from AED 46,815 to AED 51,614 a year.
  • At AED 51,614 a year the gross yield on the 2016 price is 10.5%, before a service charge of about AED 18,500 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 30 March 2016.

Questions about P306, Skycourt Towers C

What did unit P306 last sell for?

AED 490,000 on 30 March 2016, sold by the developer: AED 307 per sqft for 1,592 sqft. It is the only registered sale of the unit.

What is the rent for unit P306?

AED 51,614 a year on the contract renewed on 1 September 2014. The previous contract, from September 2013, was AED 49,156; the unit has been rented since September 2012.

How big is unit P306?

1,592 sqft (147.9 sqm): a two-bedroom apartment of a 21-storey tower completed in 2011.

What is unit P306 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 P306, Skycourt Towers C

Starts from the last sale price (AED 490K, 30 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 490,000
Deposit, UAE resident (20%)
AED 98,000
Deposit, non-resident (40%)
AED 196,000
Monthly over 25 years at 3.7%
AED 2,005

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