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Studio · 570 sqftSkycourt Towers D, Dubailand Residence Complex · 5th floor · completed 2011

524, Skycourt Towers D

Sold prices and rental history: sold 3 times, last in June 2022, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 524 · DLD and Ejari recordsUpdated 20 June 2022
Last soldAED 240K20 June 2022
Current rentAED 31K /yr15 January 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 524, Skycourt Towers D

What is 524 worth today?

Last sold for AED 240,000 in 2022

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20 Jun 2022SoldReady
AED 240,000AED 421 per sqft
15 Jan 2019RentedNew contract
AED 31,000/yr12 months · AED 54 per sqft
5 Dec 2014RentedNew contract
AED 35,500/yr12 months · AED 62 per sqft
6 Dec 2013RentedNew contract
AED 34,000/yr12 months · AED 60 per sqft
27 Jul 2011SoldReady
AED 363,294AED 637 per sqft
14 Sep 2009Sold by developerOff-plan
AED 363,294AED 637 per sqft

Source: Dubai Land Department. Updated 20 June 2022.

Key facts

Type
Studio apartment
Size
570 sqft
Floor
5th of 21
Parking
P2 D 119
Developer
Sky Courts
Completed
2011
Service charge
AED 6,800 /yr
Last sold
AED 240K · June 2022
Building
Skycourt Towers D

About 524, Skycourt Towers D

524 is a studio of 570 sqft on the 5th floor of Skycourt Towers D, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. It last sold on 20 June 2022 for AED 240,000, or AED 421 per sqft, 16% below the AED 503 studios in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 15 January 2019, is AED 31,000 a year: a gross yield of 12.9% on the 2022 price, before the service charge of about AED 6,800 a year.

Sales and rents for 524 over time

Sales
Unit 524, 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, July 2011: AED 363,294 (AED 637 per sqft)Sold, June 2022: AED 240,000 (AED 421 per sqft)

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

Rents
Unit 524, each contractTypical studio in Skycourt Towers D
20K30K40K2012201620202024Typical 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, December 2013: AED 34,000 a yearNew contract, December 2014: AED 35,500 a yearNew contract, January 2019: AED 31,000 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 524 sits

All 115 studios →

524 last sold in June 2022 at AED 421 per sqft, 16% below what studios in Skycourt Towers D were fetching at the time (AED 503). 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. 524's AED 31,000 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 5th floor

All 469 units in Skycourt Towers D
Value
5012-bedAED 560K · Oct 2023
5022-bedAED 836K · Dec 2023
5032-bedAED 565K · Feb 2025
504StudioAED 400K · Sep 2015
505StudioAED 425K · Sep 2025
5062-bedAED 850K · Jul 2025
507StudioAED 273K · Nov 2014
1–7 of 23

524, Skycourt Towers D in numbers

  • Sold 3 times: first on 14 September 2009 for AED 363,294, last on 20 June 2022 for AED 240,000 (AED 421 per sqft).
  • Rented since December 2013 on 3 Ejari contracts, from AED 34,000 to AED 31,000 a year.
  • At AED 31,000 a year the gross yield on the 2022 price is 12.9%, 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 20 June 2022.

Questions about 524, Skycourt Towers D

What did unit 524 last sell for?

AED 240,000 on 20 June 2022: AED 421 per sqft for 570 sqft. The unit has 3 registered sales; the first was AED 363,294 in September 2009.

What is the rent for unit 524?

AED 31,000 a year on the contract signed on 15 January 2019. The previous contract, from December 2014, was AED 35,500; the unit has been rented since December 2013.

How big is unit 524?

570 sqft (53.0 sqm): a studio on the 5th floor of a 21-storey tower completed in 2011.

What is unit 524 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 524, Skycourt Towers D

Starts from the last sale price (AED 240K, 20 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 240,000
Deposit, UAE resident (20%)
AED 48,000
Deposit, non-resident (40%)
AED 96,000
Monthly over 25 years at 3.7%
AED 982

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