2-bed · 1,247 sqftSkycourt Towers D, Dubailand Residence Complex · 12th floor · completed 2011

1223, Skycourt Towers D

Sold prices and rental history: sold once, by the developer in January 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1223 · DLD and Ejari recordsUpdated 31 January 2024
Last soldAED 811K31 January 2024
Current rentAED 41K /yr22 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1223, Skycourt Towers D

What is 1223 worth today?

Last sold for AED 810,622 in 2024

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31 Jan 2024Sold by developerReady
AED 810,622AED 650 per sqft
22 Jul 2023RentedRenewal
AED 41,400/yr12 months · AED 33 per sqft
22 Jul 2022RentedRenewal
AED 36,000/yr12 months · AED 29 per sqft
22 Jul 2021RentedRenewal
AED 34,000/yr12 months · AED 27 per sqft
22 Jul 2020RentedNew contract
AED 37,015/yr12 months · AED 30 per sqft
25 Mar 2019RentedRenewal
AED 51,429/yr14 months · AED 41 per sqft
25 Feb 2018RentedNew contract
AED 55,385/yr13 months · AED 44 per sqft
7 Feb 2017RentedRenewal
AED 75,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 31 January 2024.

Key facts

Type
2-bed apartment
Size
1,247 sqft
Floor
12th of 21
Parking
P1 D 109
Developer
Sky Courts
Completed
2011
Service charge
AED 14,900 /yr
Last sold
AED 811K · January 2024

About 1223, Skycourt Towers D

1223 is a two-bedroom apartment of 1,247 sqft on the 12th floor of Skycourt Towers D, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. The developer sold it on 31 January 2024 for AED 810,622, or AED 650 per sqft, in line with the AED 649 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 22 July 2023, is AED 41,400 a year: a gross yield of 5.1% on the 2024 price, before the service charge of about AED 14,900 a year.

Sales and rents for 1223 over time

Sales
Unit 1223, each saleTypical two-bed in Skycourt Towers D
500K1M2009201420192024Typical sale price by year: 2009 AED 479,116; 2011 AED 479,116; 2012 AED 525,282; 2013 AED 550,000; 2014 AED 860,000; 2015 AED 500,000; 2016 AED 750,000; 2017 AED 750,000; 2018 AED 646,000; 2019 AED 872,066; 2020 AED 1,175,000; 2021 AED 542,500; 2022 AED 482,500; 2023 AED 705,596; 2024 AED 760,000; 2025 AED 730,000; 2026 AED 870,000Sold by developer, January 2024: AED 810,622 (AED 650 per sqft)

1223 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1223, each contractTypical two-bed in Skycourt Towers D
40K60K80K20112015201920232027Typical rent by year: 2011 AED 45,000; 2012 AED 45,000; 2013 AED 47,125; 2014 AED 53,550; 2015 AED 65,000; 2016 AED 70,000; 2017 AED 65,000; 2018 AED 60,000; 2019 AED 50,000; 2020 AED 42,000; 2021 AED 36,000; 2022 AED 39,100; 2023 AED 45,000; 2024 AED 52,250; 2025 AED 65,000; 2026 AED 70,000New contract, December 2012: AED 54,520 a yearRenewal, December 2013: AED 52,420 a yearNew contract, February 2016: AED 75,000 a yearRenewal, February 2017: AED 75,000 a yearNew contract, February 2018: AED 55,385 a yearRenewal, March 2019: AED 51,429 a yearNew contract, July 2020: AED 37,015 a yearRenewal, July 2021: AED 34,000 a yearRenewal, July 2022: AED 36,000 a yearRenewal, July 2023: AED 41,400 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 D, and where 1223 sits

All 215 2-beds →

1223 last sold in January 2024 at AED 650 per sqft, in line with what two-beds in Skycourt Towers D were fetching at the time (AED 649). Over the last 12 months two-beds sold for AED 482,000 to 1,088,319, around AED 695 per sqft, and rent for AED 35,000 to 108,000 a year. 1223's AED 41,400 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Oct 2026780,000
16 Oct 2026900,000
9 Oct 2026715,700
27 Aug 2026930,000
25 2-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 12th floor

All 469 units in Skycourt Towers D
Value
12012-bedAED 674K · Jan 2025
12022-bedAED 510K · Apr 2021
12032-bedAED 1.2M · Jan 2019
1204StudioAED 325K · May 2024
1205StudioAED 363K · Apr 2013
12062-bedAED 716K · Oct 2026
1207StudioAED 283K · May 2013
1–7 of 23

1223, Skycourt Towers D in numbers

  • Sold once: by Sky Courts on 31 January 2024 for AED 810,622, or AED 650 per sqft.
  • Rented since December 2012 on 10 Ejari contracts. The rent fell from AED 54,520 to AED 34,000 in 2021 and recovered to AED 41,400 by July 2023.
  • At AED 41,400 a year the gross yield on the 2024 price is 5.1%, before a service charge of about AED 14,900 a year (AED 11.91 per sqft).
  • Two-beds in Skycourt Towers D sold for AED 482,000–1,088,319 in the 12 months to November 2026; the building's median across all types is AED 707 per sqft.

Source: Dubai Land Department. Updated 31 January 2024.

Questions about 1223, Skycourt Towers D

What did unit 1223 last sell for?

AED 810,622 on 31 January 2024, sold by the developer: AED 650 per sqft for 1,247 sqft. It is the only registered sale of the unit.

What is the rent for unit 1223?

AED 41,400 a year on the contract renewed on 22 July 2023. The previous contract, from July 2022, was AED 36,000; the unit has been rented since December 2012.

How big is unit 1223?

1,247 sqft (115.9 sqm): a two-bedroom apartment on the 12th floor of a 21-storey tower completed in 2011.

What is unit 1223 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 D sold for AED 482,000 to 1,088,319 in the last 12 months, around AED 695 per sqft.

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Mortgage on 1223, Skycourt Towers D

Starts from the last sale price (AED 811K, 31 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 810,622
Deposit, UAE resident (20%)
AED 162,124
Deposit, non-resident (40%)
AED 324,249
Monthly over 25 years at 3.7%
AED 3,317

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