Studio · 570 sqftSkycourt Towers D, Dubailand Residence Complex · 4th floor · completed 2011

424, Skycourt Towers D

Sold prices and rental history: sold twice, last in February 2012, and rented once, from April 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 424 · DLD and Ejari recordsUpdated 15 April 2023
Last soldAED 363K29 February 2012
Current rentAED 46K /yr15 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 424, Skycourt Towers D

What is 424 worth today?

Last sold for AED 363,294 in 2012

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15 Apr 2023RentedNew contract
AED 46,000/yr12 months · AED 81 per sqft
29 Feb 2012SoldReady
AED 363,294AED 637 per sqft
14 Sep 2009Sold by developerOff-plan
AED 363,294AED 637 per sqft

Source: Dubai Land Department. Updated 15 April 2023.

Key facts

Type
Studio apartment
Size
570 sqft
Floor
4th of 21
Parking
P2 D 106
Developer
Sky Courts
Completed
2011
Service charge
AED 6,800 /yr
Last sold
AED 363K · February 2012

About 424, Skycourt Towers D

424 is a studio of 570 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 29 February 2012 for AED 363,294, or AED 637 per sqft, in line with the AED 648 studios in the building were fetching at the time.

One Ejari contract is registered, from 15 April 2023. The current contract, signed on 15 April 2023, is AED 46,000 a year: a gross yield of 12.7% on the 2012 price, before the service charge of about AED 6,800 a year.

Sales and rents for 424 over time

Sales
Unit 424, 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 363,294 (AED 637 per sqft)Sold, February 2012: AED 363,294 (AED 637 per sqft)

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

Rents
Unit 424, 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, April 2023: AED 46,000 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 424 sits

All 115 studios →

424 last sold in February 2012 at AED 637 per sqft, in line with what studios in Skycourt Towers D were fetching at the time (AED 648). 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. 424's AED 46,000 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

424, Skycourt Towers D in numbers

  • Sold twice: first on 14 September 2009 for AED 363,294, last on 29 February 2012 for AED 363,294 (AED 637 per sqft).
  • Rented since April 2023 on one Ejari contract, at AED 46,000 a year.
  • At AED 46,000 a year the gross yield on the 2012 price is 12.7%, before a service charge of about AED 6,800 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 424, Skycourt Towers D

What did unit 424 last sell for?

AED 363,294 on 29 February 2012: AED 637 per sqft for 570 sqft. The unit has 2 registered sales; the first was AED 363,294 in September 2009.

What is the rent for unit 424?

AED 46,000 a year on the contract signed on 15 April 2023.

How big is unit 424?

570 sqft (53.0 sqm): a studio on the 4th floor of a 21-storey tower completed in 2011.

What is unit 424 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 424, Skycourt Towers D

Starts from the last sale price (AED 363K, 29 February 2012). Switch to today's estimate once you have unlocked it.
Price
AED 363,294
Deposit, UAE resident (20%)
AED 72,659
Deposit, non-resident (40%)
AED 145,318
Monthly over 25 years at 3.7%
AED 1,486

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