Studio · 428 sqftSkycourt Towers D, Dubailand Residence Complex · 15th floor · completed 2011

1508, Skycourt Towers D

Sold prices and rental history: sold 5 times, last in March 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1508 · DLD and Ejari recordsUpdated 28 March 2021
Last soldAED 200K28 March 2021
Current rentAED 52K /yr15 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1508, Skycourt Towers D

What is 1508 worth today?

Last sold for AED 200,000 in 2021

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28 Mar 2021SoldReady
AED 200,000AED 467 per sqft
15 Nov 2019RentedNew contract
AED 52,000/yr6 months · AED 122 per sqft
15 Nov 2018RentedNew contract
AED 28,000/yr12 months · AED 65 per sqft
17 Oct 2016RentedNew contract
AED 38,000/yr12 months · AED 88 per sqft
1 Feb 2015SoldReady
AED 395,000AED 923 per sqft
19 Dec 2013SoldReady
AED 370,000AED 864 per sqft
1 Jul 2012RentedNew contract
AED 21,000/yr12 months · AED 49 per sqft
8 Feb 2012SoldReady
AED 283,369AED 662 per sqft

Source: Dubai Land Department. Updated 28 March 2021.

Key facts

Type
Studio apartment
Size
428 sqft
Floor
15th of 21
Parking
B D 5
Developer
Sky Courts
Completed
2011
Service charge
AED 5,100 /yr
Last sold
AED 200K · March 2021

About 1508, Skycourt Towers D

1508 is a studio of 428 sqft on the 15th floor of Skycourt Towers D, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. It last sold on 28 March 2021 for AED 200,000, or AED 467 per sqft, in line with the AED 467 studios in the building were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, signed on 15 November 2019, is AED 52,000 a year: a gross yield of 26.0% on the 2021 price, before the service charge of about AED 5,100 a year.

Sales and rents for 1508 over time

Sales
Unit 1508, 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, February 2012: AED 283,369 (AED 662 per sqft)Sold, December 2013: AED 370,000 (AED 864 per sqft)Sold, February 2015: AED 395,000 (AED 923 per sqft)Sold, March 2021: AED 200,000 (AED 467 per sqft)

1508 has sold 5 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1508, 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, July 2012: AED 21,000 a yearNew contract, October 2016: AED 38,000 a yearNew contract, November 2018: AED 28,000 a yearNew contract, November 2019: AED 52,000 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 1508 sits

All 115 studios →

1508 last sold in March 2021 at AED 467 per sqft, in line with what studios in Skycourt Towers D were fetching at the time (AED 467). 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. 1508's AED 52,000 is in the upper 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 15th floor

All 469 units in Skycourt Towers D
Value
15012-bedAED 374K · Feb 2016
15022-bedAED 900K · Apr 2014
15032-bedAED 930K · Feb 2026
1504StudioAED 283K · May 2012
1505StudioAED 440K · Mar 2016
15062-bedAED 545K · Sep 2011
1507StudioAED 280K · Oct 2019
1–7 of 22

1508, Skycourt Towers D in numbers

  • Sold 5 times: first on 14 September 2009 for AED 283,369, last on 28 March 2021 for AED 200,000 (AED 467 per sqft).
  • Rented since July 2012 on 4 Ejari contracts, from AED 21,000 to AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2021 price is 26.0%, 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 28 March 2021.

Questions about 1508, Skycourt Towers D

What did unit 1508 last sell for?

AED 200,000 on 28 March 2021: AED 467 per sqft for 428 sqft. The unit has 5 registered sales; the first was AED 283,369 in September 2009.

What is the rent for unit 1508?

AED 52,000 a year on the contract signed on 15 November 2019. The previous contract, from November 2018, was AED 28,000; the unit has been rented since July 2012.

How big is unit 1508?

428 sqft (39.8 sqm): a studio on the 15th floor of a 21-storey tower completed in 2011.

What is unit 1508 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 1508, Skycourt Towers D

Starts from the last sale price (AED 200K, 28 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 200,000
Deposit, UAE resident (20%)
AED 40,000
Deposit, non-resident (40%)
AED 80,000
Monthly over 25 years at 3.7%
AED 818

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