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2-bed · 1,089 sqftSkycourt Towers E, Dubailand Residence Complex · 12th floor · completed 2011

1201, Skycourt Towers E

Sold prices and rental history: sold 3 times, last in May 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1201 · DLD and Ejari recordsUpdated 9 May 2023
Last soldAED 580K9 May 2023
Current rentAED 40K /yr20 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1201, Skycourt Towers E

What is 1201 worth today?

Last sold for AED 580,000 in 2023

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9 May 2023SoldReady
AED 580,000AED 532 per sqft
20 Dec 2021RentedRenewal
AED 40,000/yr12 months · AED 37 per sqft
20 Dec 2020RentedNew contract
AED 44,000/yr12 months · AED 40 per sqft
20 Nov 2019RentedNew contract
AED 50,000/yr13 months · AED 46 per sqft
20 Sep 2018RentedRenewal
AED 56,000/yr12 months · AED 52 per sqft
20 Sep 2017RentedRenewal
AED 68,000/yr12 months · AED 63 per sqft
20 Sep 2016RentedNew contract
AED 70,000/yr12 months · AED 64 per sqft
19 Sep 2011SoldReady
AED 374,193AED 343 per sqft

Source: Dubai Land Department. Updated 9 May 2023.

Key facts

Type
2-bed apartment
Size
1,089 sqft
Floor
12th of 21
Parking
P1 E 60
Developer
Sky Courts
Completed
2011
Service charge
AED 14,000 /yr
Last sold
AED 580K · May 2023
Building
Skycourt Towers E

About 1201, Skycourt Towers E

1201 is a two-bedroom apartment of 1,089 sqft on the 12th floor of Skycourt Towers E, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. It last sold on 9 May 2023 for AED 580,000, or AED 532 per sqft, 20% above the AED 443 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 20 December 2021, is AED 40,000 a year: a gross yield of 6.9% on the 2023 price, before the service charge of about AED 14,000 a year.

Sales and rents for 1201 over time

Sales
Unit 1201, each saleTypical two-bed in Skycourt Towers E
500K1M2009201420192024Typical sale price by year: 2009 AED 555,130; 2011 AED 510,000; 2012 AED 720,667; 2013 AED 437,648; 2014 AED 958,231; 2015 AED 694,000; 2016 AED 865,000; 2017 AED 676,650; 2018 AED 775,000; 2019 AED 690,000; 2020 AED 670,519; 2021 AED 826,689; 2022 AED 558,000; 2023 AED 690,768; 2024 AED 755,000; 2025 AED 850,000; 2026 AED 845,000Sold by developer, October 2009: AED 374,193 (AED 343 per sqft)Sold, September 2011: AED 374,193 (AED 343 per sqft)Sold, May 2023: AED 580,000 (AED 532 per sqft)

1201 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1201, each contractTypical two-bed in Skycourt Towers E
40K60K20112015201920232027Typical rent by year: 2011 AED 48,003; 2012 AED 46,000; 2013 AED 49,000; 2014 AED 52,596; 2015 AED 70,000; 2016 AED 70,000; 2017 AED 67,000; 2018 AED 60,000; 2019 AED 50,000; 2020 AED 41,406; 2021 AED 36,000; 2022 AED 40,000; 2023 AED 46,000; 2024 AED 58,563; 2025 AED 65,000; 2026 AED 70,000New contract, September 2016: AED 70,000 a yearRenewal, September 2017: AED 68,000 a yearRenewal, September 2018: AED 56,000 a yearNew contract, November 2019: AED 50,000 a yearNew contract, December 2020: AED 44,000 a yearRenewal, December 2021: AED 40,000 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 E, and where 1201 sits

All 193 2-beds →

1201 last sold in May 2023 at AED 532 per sqft, 20% above what two-beds in Skycourt Towers E were fetching at the time (AED 443). Over the last 12 months two-beds sold for AED 436,643 to 1,150,000, around AED 729 per sqft, and rent for AED 45,961 to 120,000 a year. 1201's AED 40,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Oct 2026810,000
14 Aug 2026870,000
5 Aug 2026835,000
1 Aug 2026855,000
27 2-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 12th floor

All 387 units in Skycourt Towers E
Value
12022-bedAED 950K · Feb 2026
12032-bedAED 744K · May 2025
1204StudioAED 142K · Jun 2015
1205StudioAED 375K · Mar 2025
1206StudioAED 350K · Jan 2025
12072-bedAED 755K · Apr 2024
12082-bedAED 555K · Oct 2009
1–7 of 19

1201, Skycourt Towers E in numbers

  • Sold 3 times: first on 23 October 2009 for AED 374,193, last on 9 May 2023 for AED 580,000 (AED 532 per sqft).
  • Rented since September 2016 on 6 Ejari contracts, from AED 70,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2023 price is 6.9%, before a service charge of about AED 14,000 a year (AED 12.89 per sqft).
  • Two-beds in Skycourt Towers E sold for AED 436,643–1,150,000 in the 12 months to November 2026; the building's median across all types is AED 711 per sqft.

Source: Dubai Land Department. Updated 9 May 2023.

Questions about 1201, Skycourt Towers E

What did unit 1201 last sell for?

AED 580,000 on 9 May 2023: AED 532 per sqft for 1,089 sqft. The unit has 3 registered sales; the first was AED 374,193 in October 2009.

What is the rent for unit 1201?

AED 40,000 a year on the contract renewed on 20 December 2021. The previous contract, from December 2020, was AED 44,000; the unit has been rented since September 2016.

How big is unit 1201?

1,089 sqft (101.2 sqm): a two-bedroom apartment on the 12th floor of a 21-storey tower completed in 2011.

What is unit 1201 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 E sold for AED 436,643 to 1,150,000 in the last 12 months, around AED 729 per sqft.

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Mortgage on 1201, Skycourt Towers E

Starts from the last sale price (AED 580K, 9 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 580,000
Deposit, UAE resident (20%)
AED 116,000
Deposit, non-resident (40%)
AED 232,000
Monthly over 25 years at 3.7%
AED 2,373

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