2-bed · 1,287 sqftSkycourt Towers D, Dubailand Residence Complex · 4th floor · completed 2011

406, Skycourt Towers D

Sold prices and rental history: sold once, by the developer in September 2016, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 4 September 2016
Last soldAED 450K4 September 2016
Current rentAED 70K /yr7 November 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Skycourt Towers D

What is 406 worth today?

Last sold for AED 450,000 in 2016

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4 Sep 2016Sold by developerReady
AED 450,000AED 349 per sqft
7 Nov 2014RentedNew contract
AED 70,000/yr12 months · AED 54 per sqft
22 Nov 2013RentedRenewal
AED 49,000/yr12 months · AED 38 per sqft
22 Nov 2012RentedNew contract
AED 48,864/yr12 months · AED 38 per sqft

Source: Dubai Land Department. Updated 4 September 2016.

Key facts

Type
2-bed apartment
Size
1,287 sqft
Floor
4th of 21
Parking
P2 D 75 0
Developer
Sky Courts
Completed
2011
Service charge
AED 15,300 /yr
Last sold
AED 450K · September 2016

About 406, Skycourt Towers D

406 is a two-bedroom apartment of 1,287 sqft on the 4th floor of Skycourt Towers D, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. The developer sold it on 4 September 2016 for AED 450,000, or AED 349 per sqft, 46% below the AED 652 two-beds in the building were fetching at the time.

It has been rented since 2012 on 3 Ejari contracts. The current contract, signed on 7 November 2014, is AED 70,000 a year: a gross yield of 15.6% on the 2016 price, before the service charge of about AED 15,300 a year.

Sales and rents for 406 over time

Sales
Unit 406, 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, September 2016: AED 450,000 (AED 349 per sqft)

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

Rents
Unit 406, each contractTypical two-bed in Skycourt Towers D
40K60K20112015201920232027Typical 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, November 2012: AED 48,864 a yearRenewal, November 2013: AED 49,000 a yearNew contract, November 2014: AED 70,000 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 D, and where 406 sits

All 215 2-beds →

406 last sold in September 2016 at AED 349 per sqft, 46% below what two-beds in Skycourt Towers D were fetching at the time (AED 652). 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. 406's AED 70,000 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 4th floor

All 469 units in Skycourt Towers D
Value
4012-bedAED 460K · May 2022
4022-bedAED 850K · Apr 2025
4032-bedAED 480K · Feb 2021
404StudioAED 410K · Jan 2014
405StudioAED 350K · Sep 2009
407StudioAED 320K · Sep 2015
408StudioAED 395K · May 2016
1–7 of 23

406, Skycourt Towers D in numbers

  • Sold once: by Sky Courts on 4 September 2016 for AED 450,000, or AED 349 per sqft.
  • Rented since November 2012 on 3 Ejari contracts, from AED 48,864 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2016 price is 15.6%, before a service charge of about AED 15,300 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 4 September 2016.

Questions about 406, Skycourt Towers D

What did unit 406 last sell for?

AED 450,000 on 4 September 2016, sold by the developer: AED 349 per sqft for 1,287 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 70,000 a year on the contract signed on 7 November 2014. The previous contract, from November 2013, was AED 49,000; the unit has been rented since November 2012.

How big is unit 406?

1,287 sqft (119.6 sqm): a two-bedroom apartment on the 4th floor of a 21-storey tower completed in 2011.

What is unit 406 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 406, Skycourt Towers D

Starts from the last sale price (AED 450K, 4 September 2016). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

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