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Studio · 428 sqftSkycourt Towers D, Dubailand Residence Complex · 4th floor · completed 2011

408, Skycourt Towers D

Sold prices and rental history: sold twice, last in May 2016, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 15 April 2023
Last soldAED 395K23 May 2016
Current rentAED 24K /yr15 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 408, Skycourt Towers D

What is 408 worth today?

Last sold for AED 395,000 in 2016

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15 Apr 2023RentedNew contract
AED 24,000/yr12 months · AED 56 per sqft
4 Nov 2022RentedNew contract
AED 22,000/yr12 months · AED 51 per sqft
22 Jun 2021RentedRenewal
AED 16,000/yr12 months · AED 37 per sqft
22 Jun 2020RentedRenewal
AED 20,000/yr12 months · AED 46 per sqft
22 Jun 2019RentedNew contract
AED 25,000/yr12 months · AED 58 per sqft
30 Jan 2018RentedNew contract
AED 33,000/yr12 months · AED 77 per sqft
23 May 2016SoldReady
AED 395,000AED 923 per sqft
5 Feb 2015Sold by developerReady
AED 367,942AED 859 per sqft

Source: Dubai Land Department. Updated 15 April 2023.

Key facts

Type
Studio apartment
Size
428 sqft
Floor
4th of 21
Parking
P2 D 77
Developer
Sky Courts
Completed
2011
Service charge
AED 5,100 /yr
Last sold
AED 395K · May 2016
Building
Skycourt Towers D

About 408, Skycourt Towers D

408 is a studio of 428 sqft on the 4th floor of Skycourt Towers D, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. It last sold on 23 May 2016 for AED 395,000, or AED 923 per sqft, 128% above the AED 404 studios in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 15 April 2023, is AED 24,000 a year: a gross yield of 6.1% on the 2016 price, before the service charge of about AED 5,100 a year.

Sales and rents for 408 over time

Sales
Unit 408, 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, February 2015: AED 367,942 (AED 859 per sqft)Sold, May 2016: AED 395,000 (AED 923 per sqft)

408 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 408, 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, May 2012: AED 15,962 a yearNew contract, January 2018: AED 33,000 a yearNew contract, June 2019: AED 25,000 a yearRenewal, June 2020: AED 20,000 a yearRenewal, June 2021: AED 16,000 a yearNew contract, November 2022: AED 22,000 a yearNew contract, April 2023: AED 24,000 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 408 sits

All 115 studios →

408 last sold in May 2016 at AED 923 per sqft, 128% above what studios in Skycourt Towers D were fetching at the time (AED 404). 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. 408's AED 24,000 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 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
4062-bedAED 450K · Sep 2016
407StudioAED 320K · Sep 2015
1–7 of 23

408, Skycourt Towers D in numbers

  • Sold twice: first on 5 February 2015 for AED 367,942, last on 23 May 2016 for AED 395,000 (AED 923 per sqft).
  • Rented since May 2012 on 7 Ejari contracts, from AED 15,962 to AED 24,000 a year.
  • At AED 24,000 a year the gross yield on the 2016 price is 6.1%, 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 15 April 2023.

Questions about 408, Skycourt Towers D

What did unit 408 last sell for?

AED 395,000 on 23 May 2016: AED 923 per sqft for 428 sqft. The unit has 2 registered sales; the first was AED 367,942 in February 2015.

What is the rent for unit 408?

AED 24,000 a year on the contract signed on 15 April 2023. The previous contract, from November 2022, was AED 22,000; the unit has been rented since May 2012.

How big is unit 408?

428 sqft (39.8 sqm): a studio on the 4th floor of a 21-storey tower completed in 2011.

What is unit 408 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 408, Skycourt Towers D

Starts from the last sale price (AED 395K, 23 May 2016). Switch to today's estimate once you have unlocked it.
Price
AED 395,000
Deposit, UAE resident (20%)
AED 79,000
Deposit, non-resident (40%)
AED 158,000
Monthly over 25 years at 3.7%
AED 1,616

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