Studio · 729 sqftSkycourt Towers D, Dubailand Residence Complex · completed 2011

P304, Skycourt Towers D

Sold prices and rental history: sold once, by the developer in November 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P304 · DLD and Ejari recordsUpdated 5 September 2024
Last soldAED 498K22 November 2018
Current rentAED 37K /yr5 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for P304, Skycourt Towers D

What is P304 worth today?

Last sold for AED 497,945 in 2018

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5 Sep 2024RentedNew contract
AED 37,000/yr12 months · AED 51 per sqft
5 Sep 2023RentedNew contract
AED 32,000/yr12 months · AED 44 per sqft
1 Sep 2022RentedNew contract
AED 21,500/yr12 months · AED 30 per sqft
1 Apr 2021RentedNew contract
AED 20,000/yr12 months · AED 27 per sqft
22 Nov 2018Sold by developerReady
AED 497,945AED 683 per sqft
28 Dec 2017RentedNew contract
AED 36,000/yr12 months · AED 49 per sqft
15 Jan 2015RentedRenewal
AED 25,287/yr10 months · AED 35 per sqft
15 Jan 2014RentedRenewal
AED 21,000/yr12 months · AED 29 per sqft

Source: Dubai Land Department. Updated 5 September 2024.

Key facts

Type
Studio apartment
Size
729 sqft
Parking
B D 152
Developer
Sky Courts
Completed
2011
Service charge
AED 8,700 /yr
Last sold
AED 498K · November 2018

About P304, Skycourt Towers D

P304 is a studio of 729 sqft of Skycourt Towers D, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. The developer sold it on 22 November 2018 for AED 497,945, or AED 683 per sqft, 8% below the AED 745 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 5 September 2024, is AED 37,000 a year: a gross yield of 7.4% on the 2018 price, before the service charge of about AED 8,700 a year.

Sales and rents for P304 over time

Sales
Unit P304, 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, November 2018: AED 497,945 (AED 683 per sqft)

P304 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit P304, 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, January 2013: AED 18,000 a yearRenewal, January 2014: AED 21,000 a yearRenewal, January 2015: AED 25,287 a yearNew contract, December 2017: AED 36,000 a yearNew contract, April 2021: AED 20,000 a yearNew contract, September 2022: AED 21,500 a yearNew contract, September 2023: AED 32,000 a yearNew contract, September 2024: AED 37,000 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 P304 sits

All 115 studios →

P304 last sold in November 2018 at AED 683 per sqft, 8% below what studios in Skycourt Towers D were fetching at the time (AED 745). 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. P304's AED 37,000 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 →

P304, Skycourt Towers D in numbers

  • Sold once: by Sky Courts on 22 November 2018 for AED 497,945, or AED 683 per sqft.
  • Rented since January 2013 on 8 Ejari contracts, from AED 18,000 to AED 37,000 a year.
  • At AED 37,000 a year the gross yield on the 2018 price is 7.4%, before a service charge of about AED 8,700 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 September 2024.

Questions about P304, Skycourt Towers D

What did unit P304 last sell for?

AED 497,945 on 22 November 2018, sold by the developer: AED 683 per sqft for 729 sqft. It is the only registered sale of the unit.

What is the rent for unit P304?

AED 37,000 a year on the contract signed on 5 September 2024. The previous contract, from September 2023, was AED 32,000; the unit has been rented since January 2013.

How big is unit P304?

729 sqft (67.7 sqm): a studio of a 21-storey tower completed in 2011.

What is unit P304 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 P304, Skycourt Towers D

Starts from the last sale price (AED 498K, 22 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 497,945
Deposit, UAE resident (20%)
AED 99,589
Deposit, non-resident (40%)
AED 199,178
Monthly over 25 years at 3.7%
AED 2,037

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