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2-bed · 1,287 sqftSkycourt Towers E, Dubailand Residence Complex · 15th floor · completed 2011

1503, Skycourt Towers E

Sold prices and rental history: sold 4 times, last in May 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 11 May 2022
Last soldAED 570K11 May 2022
Current rentAED 40K /yr1 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1503, Skycourt Towers E

What is 1503 worth today?

Last sold for AED 570,000 in 2022

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11 May 2022SoldReady
AED 570,000AED 443 per sqft
1 Feb 2021RentedNew contract
AED 40,000/yr12 months · AED 31 per sqft
13 Jan 2019RentedRenewal
AED 54,000/yr12 months · AED 42 per sqft
13 Jan 2018RentedNew contract
AED 64,000/yr12 months · AED 50 per sqft
18 Dec 2016RentedRenewal
AED 80,000/yr12 months · AED 62 per sqft
18 Dec 2015RentedNew contract
AED 80,000/yr12 months · AED 62 per sqft
14 Nov 2013SoldReady
AED 891,000AED 692 per sqft
15 May 2012SoldReady
AED 871,905AED 677 per sqft

Source: Dubai Land Department. Updated 11 May 2022.

Key facts

Type
2-bed apartment
Size
1,287 sqft
Floor
15th of 21
Parking
P1 E 126
Developer
Sky Courts
Completed
2011
Service charge
AED 16,600 /yr
Last sold
AED 570K · May 2022
Building
Skycourt Towers E

About 1503, Skycourt Towers E

1503 is a two-bedroom apartment of 1,287 sqft on the 15th floor of Skycourt Towers E, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. It last sold on 11 May 2022 for AED 570,000, or AED 443 per sqft, in line with the AED 431 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 1 February 2021, is AED 40,000 a year: a gross yield of 7.0% on the 2022 price, before the service charge of about AED 16,600 a year.

Sales and rents for 1503 over time

Sales
Unit 1503, 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, August 2009: AED 871,905 (AED 677 per sqft)Sold, May 2012: AED 871,905 (AED 677 per sqft)Sold, November 2013: AED 891,000 (AED 692 per sqft)Sold, May 2022: AED 570,000 (AED 443 per sqft)

1503 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1503, each contractTypical two-bed in Skycourt Towers E
40K60K80K20112015201920232027Typical 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, December 2015: AED 80,000 a yearRenewal, December 2016: AED 80,000 a yearNew contract, January 2018: AED 64,000 a yearRenewal, January 2019: AED 54,000 a yearNew contract, February 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 1503 sits

All 193 2-beds →

1503 last sold in May 2022 at AED 443 per sqft, in line with what two-beds in Skycourt Towers E were fetching at the time (AED 431). 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. 1503'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 15th floor

All 387 units in Skycourt Towers E
Value
15012-bedAED 845K · Apr 2026
15022-bedAED 900K · Jun 2025
1504StudioAED 325K · Sep 2013
1505StudioAED 182K · Apr 2013
1506StudioAED 283K · Nov 2012
15072-bedAED 933K · Oct 2025
15082-bedAED 860K · Mar 2025
1–7 of 18

1503, Skycourt Towers E in numbers

  • Sold 4 times: first on 16 August 2009 for AED 871,905, last on 11 May 2022 for AED 570,000 (AED 443 per sqft).
  • Rented since December 2015 on 5 Ejari contracts, from AED 80,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2022 price is 7.0%, 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 11 May 2022.

Questions about 1503, Skycourt Towers E

What did unit 1503 last sell for?

AED 570,000 on 11 May 2022: AED 443 per sqft for 1,287 sqft. The unit has 4 registered sales; the first was AED 871,905 in August 2009.

What is the rent for unit 1503?

AED 40,000 a year on the contract signed on 1 February 2021. The previous contract, from January 2019, was AED 54,000; the unit has been rented since December 2015.

How big is unit 1503?

1,287 sqft (119.6 sqm): a two-bedroom apartment on the 15th floor of a 21-storey tower completed in 2011.

What is unit 1503 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 1503, Skycourt Towers E

Starts from the last sale price (AED 570K, 11 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 570,000
Deposit, UAE resident (20%)
AED 114,000
Deposit, non-resident (40%)
AED 228,000
Monthly over 25 years at 3.7%
AED 2,332

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