2-bed · 1,287 sqftSkycourt Towers E, Dubailand Residence Complex · 14th floor · completed 2011

1407, Skycourt Towers E

Sold prices and rental history: sold once, by the developer in November 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1407 · DLD and Ejari recordsUpdated 21 November 2023
Last soldAED 836K21 November 2023
Current rentAED 40K /yr20 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1407, Skycourt Towers E

What is 1407 worth today?

Last sold for AED 836,297 in 2023

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21 Nov 2023Sold by developerReady
AED 836,297AED 649 per sqft
20 May 2023RentedRenewal
AED 40,250/yr12 months · AED 31 per sqft
20 May 2022RentedRenewal
AED 35,000/yr12 months · AED 27 per sqft
20 May 2021RentedNew contract
AED 32,000/yr12 months · AED 25 per sqft
10 Apr 2019RentedNew contract
AED 68,000/yr14 months · AED 53 per sqft
15 Nov 2017RentedRenewal
AED 70,000/yr12 months · AED 54 per sqft
15 Nov 2016RentedNew contract
AED 70,000/yr12 months · AED 54 per sqft
15 Nov 2015RentedRenewal
AED 70,000/yr12 months · AED 54 per sqft

Source: Dubai Land Department. Updated 21 November 2023.

Key facts

Type
2-bed apartment
Size
1,287 sqft
Floor
14th of 21
Parking
P1 E 108
Developer
Sky Courts
Completed
2011
Service charge
AED 16,600 /yr
Last sold
AED 836K · November 2023

About 1407, Skycourt Towers E

1407 is a two-bedroom apartment of 1,287 sqft on the 14th floor of Skycourt Towers E, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. The developer sold it on 21 November 2023 for AED 836,297, or AED 649 per sqft, 22% above the AED 530 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 20 May 2023, is AED 40,250 a year: a gross yield of 4.8% on the 2023 price, before the service charge of about AED 16,600 a year.

Sales and rents for 1407 over time

Sales
Unit 1407, each saleTypical two-bed in Skycourt Towers E
500K750K1M2009201420192024Typical 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, November 2023: AED 836,297 (AED 649 per sqft)

1407 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1407, 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, March 2013: AED 50,000 a yearRenewal, March 2014: AED 52,500 a yearRenewal, March 2015: AED 57,856 a yearRenewal, November 2015: AED 70,000 a yearNew contract, November 2016: AED 70,000 a yearRenewal, November 2017: AED 70,000 a yearNew contract, April 2019: AED 68,000 a yearNew contract, May 2021: AED 32,000 a yearRenewal, May 2022: AED 35,000 a yearRenewal, May 2023: AED 40,250 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 1407 sits

All 193 2-beds →

1407 last sold in November 2023 at AED 649 per sqft, 22% above what two-beds in Skycourt Towers E were fetching at the time (AED 530). 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. 1407's AED 40,250 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 14th floor

All 387 units in Skycourt Towers E
Value
14012-bedAED 900K · Mar 2014
14022-bedAED 836K · Dec 2023
14032-bedAED 920K · Jan 2026
1404StudioAED 142K · Oct 2009
1405StudioAED 400K · Nov 2025
1406StudioAED 400K · Apr 2016
14082-bedAED 836K · Apr 2023
1–7 of 19

1407, Skycourt Towers E in numbers

  • Sold once: by Sky Courts on 21 November 2023 for AED 836,297, or AED 649 per sqft.
  • Rented since March 2013 on 10 Ejari contracts. The rent fell from AED 50,000 to AED 32,000 in 2021 and recovered to AED 40,250 by May 2023.
  • At AED 40,250 a year the gross yield on the 2023 price is 4.8%, before a service charge of about AED 16,600 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 21 November 2023.

Questions about 1407, Skycourt Towers E

What did unit 1407 last sell for?

AED 836,297 on 21 November 2023, sold by the developer: AED 649 per sqft for 1,287 sqft. It is the only registered sale of the unit.

What is the rent for unit 1407?

AED 40,250 a year on the contract renewed on 20 May 2023. The previous contract, from May 2022, was AED 35,000; the unit has been rented since March 2013.

How big is unit 1407?

1,287 sqft (119.6 sqm): a two-bedroom apartment on the 14th floor of a 21-storey tower completed in 2011.

What is unit 1407 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 1407, Skycourt Towers E

Starts from the last sale price (AED 836K, 21 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 836,297
Deposit, UAE resident (20%)
AED 167,259
Deposit, non-resident (40%)
AED 334,519
Monthly over 25 years at 3.7%
AED 3,422

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