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2-bed · 1,903 sqftSkycourt Towers C, Dubailand Residence Complex · completed 2011

P323, Skycourt Towers C

Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P323 · DLD and Ejari recordsUpdated 1 June 2024
Last soldAED 775K14 July 2023
Current rentAED 85K /yr1 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for P323, Skycourt Towers C

What is P323 worth today?

Last sold for AED 775,000 in 2023

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1 Jun 2024RentedNew contract
AED 85,000/yr12 months · AED 45 per sqft
22 Jul 2023RentedNew contract
AED 66,000/yr12 months · AED 35 per sqft
14 Jul 2023SoldReady
AED 775,000AED 407 per sqft
1 Oct 2021RentedNew contract
AED 46,000/yr12 months · AED 24 per sqft
1 Sep 2020RentedRenewal
AED 50,000/yr12 months · AED 26 per sqft
1 Sep 2019RentedNew contract
AED 65,000/yr12 months · AED 34 per sqft
18 Feb 2016Sold by developerReady
AED 575,000AED 302 per sqft
30 Jul 2014RentedNew contract
AED 75,000/yr12 months · AED 39 per sqft

Source: Dubai Land Department. Updated 1 June 2024.

Key facts

Type
2-bed apartment
Size
1,903 sqft
Parking
B C 149 0
Developer
Sky Courts
Completed
2011
Service charge
AED 22,100 /yr
Last sold
AED 775K · July 2023
Building
Skycourt Towers C

About P323, Skycourt Towers C

P323 is a two-bedroom apartment of 1,903 sqft of Skycourt Towers C, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. It last sold on 14 July 2023 for AED 775,000, or AED 407 per sqft, 9% below the AED 449 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, signed on 1 June 2024, is AED 85,000 a year: a gross yield of 11.0% on the 2023 price, before the service charge of about AED 22,100 a year.

Sales and rents for P323 over time

Sales
Unit P323, 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, February 2016: AED 575,000 (AED 302 per sqft)Sold, July 2023: AED 775,000 (AED 407 per sqft)

P323 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit P323, 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 2012: AED 55,721 a yearRenewal, July 2013: AED 58,507 a yearNew contract, July 2014: AED 75,000 a yearNew contract, September 2019: AED 65,000 a yearRenewal, September 2020: AED 50,000 a yearNew contract, October 2021: AED 46,000 a yearNew contract, July 2023: AED 66,000 a yearNew contract, June 2024: AED 85,000 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 P323 sits

All 214 2-beds →

P323 last sold in July 2023 at AED 407 per sqft, 9% below what two-beds in Skycourt Towers C were fetching at the time (AED 449). 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. P323's AED 85,000 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 →

P323, Skycourt Towers C in numbers

  • Sold twice: first on 18 February 2016 for AED 575,000, last on 14 July 2023 for AED 775,000 (AED 407 per sqft).
  • Rented since July 2012 on 8 Ejari contracts. The rent fell from AED 55,721 to AED 46,000 in 2021 and recovered to AED 85,000 by June 2024.
  • At AED 85,000 a year the gross yield on the 2023 price is 11.0%, before a service charge of about AED 22,100 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 1 June 2024.

Questions about P323, Skycourt Towers C

What did unit P323 last sell for?

AED 775,000 on 14 July 2023: AED 407 per sqft for 1,903 sqft. The unit has 2 registered sales; the first was AED 575,000 in February 2016.

What is the rent for unit P323?

AED 85,000 a year on the contract signed on 1 June 2024. The previous contract, from July 2023, was AED 66,000; the unit has been rented since July 2012.

How big is unit P323?

1,903 sqft (176.8 sqm): a two-bedroom apartment of a 21-storey tower completed in 2011.

What is unit P323 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 P323, Skycourt Towers C

Starts from the last sale price (AED 775K, 14 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 775,000
Deposit, UAE resident (20%)
AED 155,000
Deposit, non-resident (40%)
AED 310,000
Monthly over 25 years at 3.7%
AED 3,171

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