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Studio · 570 sqftSkycourt Towers D, Dubailand Residence Complex · 6th floor · completed 2011

624, Skycourt Towers D

Sold prices and rental history: sold twice, last in January 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 624 · DLD and Ejari recordsUpdated 5 July 2023
Last soldAED 241K12 January 2012
Current rentAED 28K /yr5 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 624, Skycourt Towers D

What is 624 worth today?

Last sold for AED 241,313 in 2012

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5 Jul 2023RentedNew contract
AED 28,000/yr12 months · AED 49 per sqft
1 Mar 2021RentedNew contract
AED 19,000/yr12 months · AED 33 per sqft
15 Jul 2020RentedNew contract
AED 22,000/yr12 months · AED 39 per sqft
16 Feb 2019RentedRenewal
AED 28,000/yr12 months · AED 49 per sqft
16 Feb 2018RentedNew contract
AED 34,000/yr12 months · AED 60 per sqft
17 Nov 2016RentedNew contract
AED 42,000/yr12 months · AED 74 per sqft
1 Sep 2015RentedNew contract
AED 45,000/yr12 months · AED 79 per sqft
26 May 2014RentedNew contract
AED 25,300/yr12 months · AED 44 per sqft

Source: Dubai Land Department. Updated 5 July 2023.

Key facts

Type
Studio apartment
Size
570 sqft
Floor
6th of 21
Parking
P2 D 144
Developer
Sky Courts
Completed
2011
Service charge
AED 6,800 /yr
Last sold
AED 241K · January 2012
Building
Skycourt Towers D

About 624, Skycourt Towers D

624 is a studio of 570 sqft on the 6th floor of Skycourt Towers D, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. It last sold on 12 January 2012 for AED 241,313, or AED 423 per sqft, 35% below the AED 648 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 5 July 2023, is AED 28,000 a year: a gross yield of 11.6% on the 2012 price, before the service charge of about AED 6,800 a year.

Sales and rents for 624 over time

Sales
Unit 624, 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, July 2009: AED 241,312 (AED 423 per sqft)Sold, January 2012: AED 241,313 (AED 423 per sqft)

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

Rents
Unit 624, 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 2014: AED 25,300 a yearNew contract, September 2015: AED 45,000 a yearNew contract, November 2016: AED 42,000 a yearNew contract, February 2018: AED 34,000 a yearRenewal, February 2019: AED 28,000 a yearNew contract, July 2020: AED 22,000 a yearNew contract, March 2021: AED 19,000 a yearNew contract, July 2023: AED 28,000 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 624 sits

All 115 studios →

624 last sold in January 2012 at AED 423 per sqft, 35% below 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. 624's AED 28,000 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 6th floor

All 469 units in Skycourt Towers D
Value
6012-bedAED 835K · Sep 2015
6022-bedAED 520K · Mar 2022
6032-bedAED 635K · May 2018
604StudioAED 440K · Oct 2014
605StudioAED 350K · Sep 2009
6062-bedAED 840K · Feb 2012
607StudioAED 136K · Dec 2015
1–7 of 23

624, Skycourt Towers D in numbers

  • Sold twice: first on 16 July 2009 for AED 241,312, last on 12 January 2012 for AED 241,313 (AED 423 per sqft).
  • Rented since May 2014 on 8 Ejari contracts. The rent fell from AED 25,300 to AED 19,000 in 2021 and recovered to AED 28,000 by July 2023.
  • At AED 28,000 a year the gross yield on the 2012 price is 11.6%, 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 5 July 2023.

Questions about 624, Skycourt Towers D

What did unit 624 last sell for?

AED 241,313 on 12 January 2012: AED 423 per sqft for 570 sqft. The unit has 2 registered sales; the first was AED 241,312 in July 2009.

What is the rent for unit 624?

AED 28,000 a year on the contract signed on 5 July 2023. The previous contract, from March 2021, was AED 19,000; the unit has been rented since May 2014.

How big is unit 624?

570 sqft (53.0 sqm): a studio on the 6th floor of a 21-storey tower completed in 2011.

What is unit 624 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 624, Skycourt Towers D

Starts from the last sale price (AED 241K, 12 January 2012). Switch to today's estimate once you have unlocked it.
Price
AED 241,313
Deposit, UAE resident (20%)
AED 48,263
Deposit, non-resident (40%)
AED 96,525
Monthly over 25 years at 3.7%
AED 987

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