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1-bed · 1,087 sqftSkycourt Towers D, Dubailand Residence Complex · completed 2011

P314, Skycourt Towers D

Sold prices and rental history: sold once, by the developer in December 2015, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P314 · DLD and Ejari recordsUpdated 30 December 2015
Last soldAED 699K30 December 2015
Current rentAED 40K /yr25 January 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for P314, Skycourt Towers D

What is P314 worth today?

Last sold for AED 699,435 in 2015

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30 Dec 2015Sold by developerReady
AED 699,435AED 643 per sqft
25 Jan 2015RentedRenewal
AED 40,473/yr10 months · AED 37 per sqft
25 Jan 2014RentedRenewal
AED 37,000/yr12 months · AED 34 per sqft
25 Jan 2013RentedNew contract
AED 37,000/yr12 months · AED 34 per sqft

Source: Dubai Land Department. Updated 30 December 2015.

Key facts

Type
1-bed apartment
Size
1,087 sqft
Parking
B D 162
Developer
Sky Courts
Completed
2011
Service charge
AED 12,900 /yr
Last sold
AED 699K · December 2015
Building
Skycourt Towers D

About P314, Skycourt Towers D

P314 is a one-bedroom apartment of 1,087 sqft of Skycourt Towers D, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. The developer sold it on 30 December 2015 for AED 699,435, or AED 643 per sqft, 10% below the AED 718 one-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 25 January 2015, is AED 40,473 a year: a gross yield of 5.8% on the 2015 price, before the service charge of about AED 12,900 a year.

Sales and rents for P314 over time

Sales
Unit P314, each saleTypical one-bed in Skycourt Towers D
250K500K750K2009201420192024Typical sale price by year: 2009 AED 501,346; 2011 AED 373,997; 2012 AED 516,200; 2013 AED 501,346; 2014 AED 581,270; 2015 AED 605,000; 2016 AED 300,000; 2017 AED 590,000; 2018 AED 790,604; 2020 AED 844,925; 2021 AED 350,000; 2022 AED 348,000; 2023 AED 432,500; 2024 AED 490,000; 2025 AED 560,000; 2026 AED 595,000Sold by developer, December 2015: AED 699,435 (AED 643 per sqft)

P314 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit P314, each contractTypical one-bed in Skycourt Towers D
40K2012201620202024Typical rent by year: 2012 AED 32,000; 2013 AED 34,871; 2014 AED 41,000; 2015 AED 50,318; 2016 AED 52,000; 2017 AED 50,000; 2018 AED 44,500; 2019 AED 36,500; 2020 AED 30,000; 2021 AED 26,000; 2022 AED 29,000; 2023 AED 34,000; 2024 AED 40,243; 2025 AED 47,000; 2026 AED 48,000New contract, January 2013: AED 37,000 a yearRenewal, January 2014: AED 37,000 a yearRenewal, January 2015: AED 40,473 a year

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

1-beds in Skycourt Towers D, and where P314 sits

All 162 1-beds →

P314 last sold in December 2015 at AED 643 per sqft, 10% below what one-beds in Skycourt Towers D were fetching at the time (AED 718). Over the last 12 months one-beds sold for AED 495,000 to 705,000, around AED 706 per sqft, and rent for AED 30,000 to 70,000 a year. P314's AED 40,473 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Oct 2026705,000
10 Jul 2026640,000
12 Jun 2026610,000
20 May 2026595,000
16 1-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 →

P314, Skycourt Towers D in numbers

  • Sold once: by Sky Courts on 30 December 2015 for AED 699,435, or AED 643 per sqft.
  • Rented since January 2013 on 3 Ejari contracts, from AED 37,000 to AED 40,473 a year.
  • At AED 40,473 a year the gross yield on the 2015 price is 5.8%, before a service charge of about AED 12,900 a year (AED 11.91 per sqft).
  • One-beds in Skycourt Towers D sold for AED 495,000–705,000 in the 12 months to November 2026; the building's median across all types is AED 707 per sqft.

Source: Dubai Land Department. Updated 30 December 2015.

Questions about P314, Skycourt Towers D

What did unit P314 last sell for?

AED 699,435 on 30 December 2015, sold by the developer: AED 643 per sqft for 1,087 sqft. It is the only registered sale of the unit.

What is the rent for unit P314?

AED 40,473 a year on the contract renewed on 25 January 2015. The previous contract, from January 2014, was AED 37,000; the unit has been rented since January 2013.

How big is unit P314?

1,087 sqft (101.0 sqm): a one-bedroom apartment of a 21-storey tower completed in 2011.

What is unit P314 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Skycourt Towers D sold for AED 495,000 to 705,000 in the last 12 months, around AED 706 per sqft.

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Mortgage on P314, Skycourt Towers D

Starts from the last sale price (AED 699K, 30 December 2015). Switch to today's estimate once you have unlocked it.
Price
AED 699,435
Deposit, UAE resident (20%)
AED 139,887
Deposit, non-resident (40%)
AED 279,774
Monthly over 25 years at 3.7%
AED 2,862

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