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2-bed · 1,277 sqftSkycourt Towers D, Dubailand Residence Complex · completed 2011

P309, Skycourt Towers D

Sold prices and rental history: sold once, by the developer in September 2020, and rented since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P309 · DLD and Ejari recordsUpdated 17 September 2020
Last soldAED 1.14M17 September 2020
Current rentAED 52K /yr15 October 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for P309, Skycourt Towers D

What is P309 worth today?

Last sold for AED 1,140,893 in 2020

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17 Sep 2020Sold by developerReady
AED 1,140,893AED 893 per sqft
15 Oct 2014RentedNew contract
AED 51,613/yr12 months · AED 40 per sqft
15 Aug 2011RentedNew contract
AED 46,815/yr38 months · AED 37 per sqft

Source: Dubai Land Department. Updated 17 September 2020.

Key facts

Type
2-bed apartment
Size
1,277 sqft
Parking
B D 157
Developer
Sky Courts
Completed
2011
Service charge
AED 15,200 /yr
Last sold
AED 1.14M · September 2020
Building
Skycourt Towers D

About P309, Skycourt Towers D

P309 is a two-bedroom apartment of 1,277 sqft of Skycourt Towers D, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. The developer sold it on 17 September 2020 for AED 1,140,893, or AED 893 per sqft, 6% below the AED 945 two-beds in the building were fetching at the time.

It has been rented since 2011 on 2 Ejari contracts. The current contract, signed on 15 October 2014, is AED 51,613 a year: a gross yield of 4.5% on the 2020 price, before the service charge of about AED 15,200 a year.

Sales and rents for P309 over time

Sales
Unit P309, each saleTypical two-bed in Skycourt Towers D
500K1M2009201420192024Typical sale price by year: 2009 AED 479,116; 2011 AED 479,116; 2012 AED 525,282; 2013 AED 550,000; 2014 AED 860,000; 2015 AED 500,000; 2016 AED 750,000; 2017 AED 750,000; 2018 AED 646,000; 2019 AED 872,066; 2020 AED 1,175,000; 2021 AED 542,500; 2022 AED 482,500; 2023 AED 705,596; 2024 AED 760,000; 2025 AED 730,000; 2026 AED 870,000Sold by developer, September 2020: AED 1,140,893 (AED 893 per sqft)

P309 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit P309, each contractTypical two-bed in Skycourt Towers D
40K60K20112015201920232027Typical rent by year: 2011 AED 45,000; 2012 AED 45,000; 2013 AED 47,125; 2014 AED 53,550; 2015 AED 65,000; 2016 AED 70,000; 2017 AED 65,000; 2018 AED 60,000; 2019 AED 50,000; 2020 AED 42,000; 2021 AED 36,000; 2022 AED 39,100; 2023 AED 45,000; 2024 AED 52,250; 2025 AED 65,000; 2026 AED 70,000New contract, August 2011: AED 46,815 a yearNew contract, October 2014: AED 51,613 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Skycourt Towers D, and where P309 sits

All 215 2-beds →

P309 last sold in September 2020 at AED 893 per sqft, 6% below what two-beds in Skycourt Towers D were fetching at the time (AED 945). Over the last 12 months two-beds sold for AED 482,000 to 1,088,319, around AED 695 per sqft, and rent for AED 35,000 to 108,000 a year. P309's AED 51,613 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Oct 2026780,000
16 Oct 2026900,000
9 Oct 2026715,700
27 Aug 2026930,000
25 2-bed 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 →

P309, Skycourt Towers D in numbers

  • Sold once: by Sky Courts on 17 September 2020 for AED 1,140,893, or AED 893 per sqft.
  • Rented since August 2011 on 2 Ejari contracts, from AED 46,815 to AED 51,613 a year.
  • At AED 51,613 a year the gross yield on the 2020 price is 4.5%, before a service charge of about AED 15,200 a year (AED 11.91 per sqft).
  • Two-beds in Skycourt Towers D sold for AED 482,000–1,088,319 in the 12 months to November 2026; the building's median across all types is AED 707 per sqft.

Source: Dubai Land Department. Updated 17 September 2020.

Questions about P309, Skycourt Towers D

What did unit P309 last sell for?

AED 1,140,893 on 17 September 2020, sold by the developer: AED 893 per sqft for 1,277 sqft. It is the only registered sale of the unit.

What is the rent for unit P309?

AED 51,613 a year on the contract signed on 15 October 2014. The previous contract, from August 2011, was AED 46,815.

How big is unit P309?

1,277 sqft (118.6 sqm): a two-bedroom apartment of a 21-storey tower completed in 2011.

What is unit P309 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Skycourt Towers D sold for AED 482,000 to 1,088,319 in the last 12 months, around AED 695 per sqft.

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Mortgage on P309, Skycourt Towers D

Starts from the last sale price (AED 1.14M, 17 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,140,893
Deposit, UAE resident (20%)
AED 228,179
Deposit, non-resident (40%)
AED 456,357
Monthly over 25 years at 3.7%
AED 4,668

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