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Studio · 428 sqftSkycourt Towers D, Dubailand Residence Complex · 14th floor · completed 2011

1408, Skycourt Towers D

Sold prices and rental history: sold 3 times, last in September 2015, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1408 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 387K13 September 2015
Current rentAED 23K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1408, Skycourt Towers D

What is 1408 worth today?

Last sold for AED 387,000 in 2015

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1 May 2024RentedRenewal
AED 23,000/yr12 months · AED 53 per sqft
1 May 2023RentedRenewal
AED 21,000/yr12 months · AED 49 per sqft
1 May 2022RentedNew contract
AED 19,000/yr12 months · AED 44 per sqft
5 Dec 2020RentedNew contract
AED 17,000/yr12 months · AED 39 per sqft
1 Oct 2019RentedNew contract
AED 24,000/yr12 months · AED 56 per sqft
20 Aug 2018RentedNew contract
AED 30,000/yr12 months · AED 70 per sqft
25 Jan 2018RentedNew contract
AED 35,000/yr12 months · AED 81 per sqft
13 Sep 2015SoldReady
AED 387,000AED 904 per sqft

Source: Dubai Land Department. Updated 1 May 2024.

Key facts

Type
Studio apartment
Size
428 sqft
Floor
14th of 21
Parking
P1 D 143
Developer
Sky Courts
Completed
2011
Service charge
AED 5,100 /yr
Last sold
AED 387K · September 2015
Building
Skycourt Towers D

About 1408, Skycourt Towers D

1408 is a studio of 428 sqft on the 14th floor of Skycourt Towers D, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. It last sold on 13 September 2015 for AED 387,000, or AED 904 per sqft, 10% above the AED 823 studios in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 1 May 2024, is AED 23,000 a year: a gross yield of 5.9% on the 2015 price, before the service charge of about AED 5,100 a year.

Sales and rents for 1408 over time

Sales
Unit 1408, each saleTypical studio in Skycourt Towers D
200K400K2009201420192024Typical sale price by year: 2009 AED 272,874; 2011 AED 272,874; 2012 AED 283,369; 2013 AED 283,369; 2014 AED 385,152; 2015 AED 147,134; 2016 AED 390,000; 2017 AED 395,000; 2018 AED 497,945; 2020 AED 482,735; 2022 AED 228,000; 2024 AED 352,500; 2025 AED 390,000; 2026 AED 396,500Sold by developer, September 2009: AED 283,369 (AED 662 per sqft)Sold, June 2011: AED 283,369 (AED 662 per sqft)Sold, September 2015: AED 387,000 (AED 904 per sqft)

1408 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1408, each contractTypical studio in Skycourt Towers D
20K40K2012201620202024Typical rent by year: 2012 AED 21,250; 2013 AED 24,000; 2014 AED 39,973; 2015 AED 40,000; 2016 AED 40,000; 2017 AED 38,000; 2018 AED 34,000; 2019 AED 28,000; 2020 AED 22,000; 2021 AED 19,893; 2022 AED 21,000; 2023 AED 26,000; 2024 AED 30,000; 2025 AED 35,500; 2026 AED 36,000New contract, September 2012: AED 24,000 a yearNew contract, January 2014: AED 20,000 a yearNew contract, January 2018: AED 35,000 a yearNew contract, August 2018: AED 30,000 a yearNew contract, October 2019: AED 24,000 a yearNew contract, December 2020: AED 17,000 a yearNew contract, May 2022: AED 19,000 a yearRenewal, May 2023: AED 21,000 a yearRenewal, May 2024: AED 23,000 a year

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

Studios in Skycourt Towers D, and where 1408 sits

All 115 studios →

1408 last sold in September 2015 at AED 904 per sqft, 10% above what studios in Skycourt Towers D were fetching at the time (AED 823). Over the last 12 months studios sold for AED 390,000 to 410,000, around AED 898 per sqft, and rent for AED 18,000 to 76,000 a year. 1408's AED 23,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
5 Aug 2026410,000
16 Jul 2026398,000
9 Jul 2026395,000
15 Jan 2026390,000
4 studio 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 14th floor

All 469 units in Skycourt Towers D
Value
14012-bedAED 550K · Mar 2023
14022-bedAED 555K · Mar 2021
14032-bedAED 1.2M · Mar 2020
1404StudioAED 368K · Feb 2015
1405StudioAED 240K · Nov 2012
14062-bedAED 872K · Aug 2009
1407StudioAED 180K · Mar 2021
1–7 of 23

1408, Skycourt Towers D in numbers

  • Sold 3 times: first on 14 September 2009 for AED 283,369, last on 13 September 2015 for AED 387,000 (AED 904 per sqft).
  • Rented since September 2012 on 9 Ejari contracts. The rent fell from AED 24,000 to AED 17,000 in 2020 and recovered to AED 23,000 by May 2024.
  • At AED 23,000 a year the gross yield on the 2015 price is 5.9%, before a service charge of about AED 5,100 a year (AED 11.91 per sqft).
  • Studios in Skycourt Towers D sold for AED 390,000–410,000 in the 12 months to November 2026; the building's median across all types is AED 707 per sqft.

Source: Dubai Land Department. Updated 1 May 2024.

Questions about 1408, Skycourt Towers D

What did unit 1408 last sell for?

AED 387,000 on 13 September 2015: AED 904 per sqft for 428 sqft. The unit has 3 registered sales; the first was AED 283,369 in September 2009.

What is the rent for unit 1408?

AED 23,000 a year on the contract renewed on 1 May 2024. The previous contract, from May 2023, was AED 21,000; the unit has been rented since September 2012.

How big is unit 1408?

428 sqft (39.8 sqm): a studio on the 14th floor of a 21-storey tower completed in 2011.

What is unit 1408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Skycourt Towers D sold for AED 390,000 to 410,000 in the last 12 months, around AED 898 per sqft.

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Mortgage on 1408, Skycourt Towers D

Starts from the last sale price (AED 387K, 13 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 387,000
Deposit, UAE resident (20%)
AED 77,400
Deposit, non-resident (40%)
AED 154,800
Monthly over 25 years at 3.7%
AED 1,583

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