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2-bed · 1,781 sqftSkycourt Towers D, Dubailand Residence Complex · completed 2011

P312, Skycourt Towers D

Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P312 · DLD and Ejari recordsUpdated 7 May 2024
Last soldAED 1.02M7 May 2024
Current rentAED 55K /yr12 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for P312, Skycourt Towers D

What is P312 worth today?

Last sold for AED 1,020,000 in 2024

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7 May 2024SoldReady
AED 1,020,000AED 572 per sqft
12 May 2023RentedRenewal
AED 55,000/yr12 months · AED 31 per sqft
12 May 2022RentedRenewal
AED 47,250/yr12 months · AED 27 per sqft
12 May 2021RentedRenewal
AED 45,000/yr12 months · AED 25 per sqft
12 May 2020RentedNew contract
AED 50,000/yr12 months · AED 28 per sqft
1 Feb 2019RentedNew contract
AED 70,000/yr12 months · AED 39 per sqft
16 Feb 2016Sold by developerReady
AED 550,000AED 308 per sqft
28 Sep 2014RentedRenewal
AED 65,000/yr12 months · AED 36 per sqft

Source: Dubai Land Department. Updated 7 May 2024.

Key facts

Type
2-bed apartment
Size
1,781 sqft
Parking
B D 160 0
Developer
Sky Courts
Completed
2011
Service charge
AED 21,200 /yr
Last sold
AED 1.02M · May 2024
Building
Skycourt Towers D

About P312, Skycourt Towers D

P312 is a two-bedroom apartment of 1,781 sqft of Skycourt Towers D, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. It last sold on 7 May 2024 for AED 1,020,000, or AED 572 per sqft, 12% below the AED 649 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 12 May 2023, is AED 55,000 a year: a gross yield of 5.4% on the 2024 price, before the service charge of about AED 21,200 a year.

Sales and rents for P312 over time

Sales
Unit P312, 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, February 2016: AED 550,000 (AED 308 per sqft)Sold, May 2024: AED 1,020,000 (AED 572 per sqft)

P312 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit P312, 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, September 2012: AED 56,379 a yearNew contract, September 2013: AED 65,000 a yearRenewal, September 2014: AED 65,000 a yearNew contract, February 2019: AED 70,000 a yearNew contract, May 2020: AED 50,000 a yearRenewal, May 2021: AED 45,000 a yearRenewal, May 2022: AED 47,250 a yearRenewal, May 2023: AED 55,000 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 P312 sits

All 215 2-beds →

P312 last sold in May 2024 at AED 572 per sqft, 12% below what two-beds in Skycourt Towers D were fetching at the time (AED 649). 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. P312's AED 55,000 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 →

P312, Skycourt Towers D in numbers

  • Sold twice: first on 16 February 2016 for AED 550,000, last on 7 May 2024 for AED 1,020,000 (AED 572 per sqft).
  • Rented since September 2012 on 8 Ejari contracts. The rent fell from AED 56,379 to AED 45,000 in 2021 and recovered to AED 55,000 by May 2023.
  • At AED 55,000 a year the gross yield on the 2024 price is 5.4%, before a service charge of about AED 21,200 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 7 May 2024.

Questions about P312, Skycourt Towers D

What did unit P312 last sell for?

AED 1,020,000 on 7 May 2024: AED 572 per sqft for 1,781 sqft. The unit has 2 registered sales; the first was AED 550,000 in February 2016.

What is the rent for unit P312?

AED 55,000 a year on the contract renewed on 12 May 2023. The previous contract, from May 2022, was AED 47,250; the unit has been rented since September 2012.

How big is unit P312?

1,781 sqft (165.5 sqm): a two-bedroom apartment of a 21-storey tower completed in 2011.

What is unit P312 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 P312, Skycourt Towers D

Starts from the last sale price (AED 1.02M, 7 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,020,000
Deposit, UAE resident (20%)
AED 204,000
Deposit, non-resident (40%)
AED 408,000
Monthly over 25 years at 3.7%
AED 4,173

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