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1-bed · 843 sqftSkycourt Towers D, Dubailand Residence Complex · 10th floor · completed 2011

1016, Skycourt Towers D

Sold prices and rental history: sold 3 times, last in September 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1016 · DLD and Ejari recordsUpdated 11 September 2024
Last soldAED 500K11 September 2024
Current rentAED 37K /yr4 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1016, Skycourt Towers D

What is 1016 worth today?

Last sold for AED 500,000 in 2024

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11 Sep 2024SoldReady
AED 500,000AED 593 per sqft
4 Apr 2024RentedRenewal
AED 37,335/yr12 months · AED 44 per sqft
4 Apr 2023RentedNew contract
AED 34,000/yr12 months · AED 40 per sqft
1 Apr 2022RentedRenewal
AED 27,000/yr12 months · AED 32 per sqft
1 Apr 2021RentedRenewal
AED 27,000/yr12 months · AED 32 per sqft
1 Apr 2020RentedRenewal
AED 30,000/yr12 months · AED 36 per sqft
1 Apr 2019RentedNew contract
AED 36,000/yr12 months · AED 43 per sqft
1 Apr 2018RentedRenewal
AED 50,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 11 September 2024.

Key facts

Type
1-bed apartment
Size
843 sqft
Floor
10th of 21
Parking
P1 D 54
Developer
Sky Courts
Completed
2011
Service charge
AED 10,000 /yr
Last sold
AED 500K · September 2024
Building
Skycourt Towers D

About 1016, Skycourt Towers D

1016 is a one-bedroom apartment of 843 sqft on the 10th floor of Skycourt Towers D, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. It last sold on 11 September 2024 for AED 500,000, or AED 593 per sqft, 5% above the AED 564 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 4 April 2024, is AED 37,335 a year: a gross yield of 7.5% on the 2024 price, before the service charge of about AED 10,000 a year.

Sales and rents for 1016 over time

Sales
Unit 1016, each saleTypical one-bed in Skycourt Towers D
500K2009201420192024Typical sale price by year: 2009 AED 501,346; 2011 AED 373,997; 2012 AED 516,200; 2013 AED 501,346; 2014 AED 581,270; 2015 AED 605,000; 2016 AED 300,000; 2017 AED 590,000; 2018 AED 790,604; 2020 AED 844,925; 2021 AED 350,000; 2022 AED 348,000; 2023 AED 432,500; 2024 AED 490,000; 2025 AED 560,000; 2026 AED 595,000Sold by developer, October 2009: AED 290,635 (AED 344 per sqft)Sold, February 2013: AED 290,635 (AED 344 per sqft)Sold, September 2024: AED 500,000 (AED 593 per sqft)

1016 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1016, each contractTypical one-bed in Skycourt Towers D
40K2012201620202024Typical rent by year: 2012 AED 32,000; 2013 AED 34,871; 2014 AED 41,000; 2015 AED 50,318; 2016 AED 52,000; 2017 AED 50,000; 2018 AED 44,500; 2019 AED 36,500; 2020 AED 30,000; 2021 AED 26,000; 2022 AED 29,000; 2023 AED 34,000; 2024 AED 40,243; 2025 AED 47,000; 2026 AED 48,000New contract, April 2017: AED 50,000 a yearRenewal, April 2018: AED 50,000 a yearNew contract, April 2019: AED 36,000 a yearRenewal, April 2020: AED 30,000 a yearRenewal, April 2021: AED 27,000 a yearRenewal, April 2022: AED 27,000 a yearNew contract, April 2023: AED 34,000 a yearRenewal, April 2024: AED 37,335 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Skycourt Towers D, and where 1016 sits

All 162 1-beds →

1016 last sold in September 2024 at AED 593 per sqft, 5% above what one-beds in Skycourt Towers D were fetching at the time (AED 564). Over the last 12 months one-beds sold for AED 495,000 to 705,000, around AED 706 per sqft, and rent for AED 30,000 to 70,000 a year. 1016's AED 37,335 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Oct 2026705,000
10 Jul 2026640,000
12 Jun 2026610,000
20 May 2026595,000
16 1-bed sales in the last 12 months

Skycourt Towers D

Building

469 apartments, studios to 2-bed over 21 floors in Dubailand Residence Complex, completed in 2011 by Sky Courts. 45 sold in the last 12 months.

Typical price per sqft
AED 707 Up 6.5%
Typical sale
AED 700K
Typical rent
AED 50K /yr
Typical yield
8.7%
Skycourt Towers D, Dubailand Residence Complex: prices, sales and rents →

Other units on the 10th floor

All 469 units in Skycourt Towers D
Value
10012-bedAED 495K · Sep 2021
10022-bedAED 600K · Feb 2023
10032-bedAED 840K · May 2012
1004StudioAED 174K · May 2011
1005StudioAED 350K · Dec 2012
10062-bedAED 930K · Jan 2026
1007StudioAED 273K · Feb 2012
1–7 of 22

1016, Skycourt Towers D in numbers

  • Sold 3 times: first on 23 October 2009 for AED 290,635, last on 11 September 2024 for AED 500,000 (AED 593 per sqft).
  • Rented since April 2017 on 8 Ejari contracts. The rent fell from AED 50,000 to AED 27,000 in 2022 and recovered to AED 37,335 by April 2024.
  • At AED 37,335 a year the gross yield on the 2024 price is 7.5%, before a service charge of about AED 10,000 a year (AED 11.91 per sqft).
  • One-beds in Skycourt Towers D sold for AED 495,000–705,000 in the 12 months to November 2026; the building's median across all types is AED 707 per sqft.

Source: Dubai Land Department. Updated 11 September 2024.

Questions about 1016, Skycourt Towers D

What did unit 1016 last sell for?

AED 500,000 on 11 September 2024: AED 593 per sqft for 843 sqft. The unit has 3 registered sales; the first was AED 290,635 in October 2009.

What is the rent for unit 1016?

AED 37,335 a year on the contract renewed on 4 April 2024. The previous contract, from April 2023, was AED 34,000; the unit has been rented since April 2017.

How big is unit 1016?

843 sqft (78.3 sqm): a one-bedroom apartment on the 10th floor of a 21-storey tower completed in 2011.

What is unit 1016 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Skycourt Towers D sold for AED 495,000 to 705,000 in the last 12 months, around AED 706 per sqft.

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Mortgage on 1016, Skycourt Towers D

Starts from the last sale price (AED 500K, 11 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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