1-bed · 843 sqftSkycourt Towers E, Dubailand Residence Complex · 10th floor · completed 2011

1016, Skycourt Towers E

Sold prices and rental history: sold twice, last in December 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1016 · DLD and Ejari recordsUpdated 25 November 2023
Last soldAED 581K17 December 2013
Current rentAED 42K /yr25 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1016, Skycourt Towers E

What is 1016 worth today?

Last sold for AED 581,270 in 2013

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25 Nov 2023RentedNew contract
AED 42,000/yr12 months · AED 50 per sqft
15 Aug 2022RentedNew contract
AED 30,000/yr12 months · AED 36 per sqft
1 Apr 2022RentedRenewal
AED 30,000/yr12 months · AED 36 per sqft
1 Apr 2021RentedNew contract
AED 30,000/yr12 months · AED 36 per sqft
10 Nov 2019RentedNew contract
AED 32,000/yr12 months · AED 38 per sqft
6 Oct 2017RentedRenewal
AED 44,100/yr12 months · AED 53 per sqft
6 Oct 2016RentedRenewal
AED 42,000/yr12 months · AED 50 per sqft
6 Oct 2015RentedRenewal
AED 40,000/yr12 months · AED 48 per sqft

Source: Dubai Land Department. Updated 25 November 2023.

Key facts

Type
1-bed apartment
Size
843 sqft
Floor
10th of 21
Parking
P1 E 37
Developer
Sky Courts
Completed
2011
Service charge
AED 10,900 /yr
Last sold
AED 581K · December 2013

About 1016, Skycourt Towers E

1016 is a one-bedroom apartment of 843 sqft on the 10th floor of Skycourt Towers E, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. It last sold on 17 December 2013 for AED 581,270, or AED 689 per sqft, 94% above the AED 355 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 25 November 2023, is AED 42,000 a year: a gross yield of 7.2% on the 2013 price, before the service charge of about AED 10,900 a year.

Sales and rents for 1016 over time

Sales
Unit 1016, each saleTypical one-bed in Skycourt Towers E
400K600K2009201420192024Typical sale price by year: 2009 AED 501,346; 2011 AED 516,200; 2012 AED 501,346; 2013 AED 493,100; 2014 AED 610,000; 2015 AED 391,755; 2016 AED 572,500; 2017 AED 560,500; 2018 AED 593,500; 2020 AED 455,093; 2021 AED 345,000; 2022 AED 345,000; 2023 AED 395,000; 2024 AED 502,500; 2025 AED 510,000; 2026 AED 580,000Sold by developer, October 2009: AED 290,635 (AED 344 per sqft)Sold, December 2013: AED 581,270 (AED 689 per sqft)

1016 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1016, each contractTypical one-bed in Skycourt Towers E
40K2012201620202024Typical rent by year: 2012 AED 32,000; 2013 AED 36,615; 2014 AED 40,000; 2015 AED 52,000; 2016 AED 52,000; 2017 AED 50,000; 2018 AED 44,000; 2019 AED 36,000; 2020 AED 30,000; 2021 AED 26,000; 2022 AED 28,750; 2023 AED 33,500; 2024 AED 41,800; 2025 AED 47,000; 2026 AED 50,000New contract, October 2014: AED 34,650 a yearRenewal, October 2015: AED 40,000 a yearRenewal, October 2016: AED 42,000 a yearRenewal, October 2017: AED 44,100 a yearNew contract, November 2019: AED 32,000 a yearNew contract, April 2021: AED 30,000 a yearRenewal, April 2022: AED 30,000 a yearNew contract, August 2022: AED 30,000 a yearNew contract, November 2023: AED 42,000 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 E, and where 1016 sits

All 120 1-beds →

1016 last sold in December 2013 at AED 689 per sqft, 94% above what one-beds in Skycourt Towers E were fetching at the time (AED 355). Over the last 12 months one-beds sold for AED 469,271 to 620,449, around AED 688 per sqft, and rent for AED 27,500 to 75,000 a year. 1016's AED 42,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Oct 2026545,000
5 Oct 2026560,000
24 Sep 2026620,449
22 Sep 2026570,000
24 1-bed sales in the last 12 months

Skycourt Towers E

Building

387 apartments, studios to 2-bed over 21 floors in Dubailand Residence Complex, completed in 2011 by Sky Courts. 61 sold in the last 12 months.

Typical price per sqft
AED 711 Up 7.1%
Typical sale
AED 600K
Typical rent
AED 53K /yr
Typical yield
8.9%
Skycourt Towers E, Dubailand Residence Complex: prices, sales and rents →

Other units on the 10th floor

All 387 units in Skycourt Towers E
Value
10012-bedAED 500K · Jun 2022
10022-bedAED 549K · Feb 2013
10032-bedAED 380K · Apr 2013
1004StudioAED 400K · Oct 2016
1005StudioAED 370K · Jan 2025
1006StudioAED 229K · May 2025
10072-bedAED 700K · Sep 2019
1–7 of 18

1016, Skycourt Towers E in numbers

  • Sold twice: first on 23 October 2009 for AED 290,635, last on 17 December 2013 for AED 581,270 (AED 689 per sqft).
  • Rented since October 2014 on 9 Ejari contracts. The rent fell from AED 34,650 to AED 30,000 in 2022 and recovered to AED 42,000 by November 2023.
  • At AED 42,000 a year the gross yield on the 2013 price is 7.2%, before a service charge of about AED 10,900 a year (AED 12.89 per sqft).
  • One-beds in Skycourt Towers E sold for AED 469,271–620,449 in the 12 months to November 2026; the building's median across all types is AED 711 per sqft.

Source: Dubai Land Department. Updated 25 November 2023.

Questions about 1016, Skycourt Towers E

What did unit 1016 last sell for?

AED 581,270 on 17 December 2013: AED 689 per sqft for 843 sqft. The unit has 2 registered sales; the first was AED 290,635 in October 2009.

What is the rent for unit 1016?

AED 42,000 a year on the contract signed on 25 November 2023. The previous contract, from August 2022, was AED 30,000; the unit has been rented since October 2014.

How big is unit 1016?

843 sqft (78.3 sqm): a one-bedroom apartment on the 10th floor of a 21-storey tower completed in 2011.

What is unit 1016 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 E sold for AED 469,271 to 620,449 in the last 12 months, around AED 688 per sqft.

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Mortgage on 1016, Skycourt Towers E

Starts from the last sale price (AED 581K, 17 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 581,270
Deposit, UAE resident (20%)
AED 116,254
Deposit, non-resident (40%)
AED 232,508
Monthly over 25 years at 3.7%
AED 2,378

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