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Studio · 428 sqftSkycourt Towers E, Dubailand Residence Complex · 15th floor · completed 2011

1506, Skycourt Towers E

Sold prices and rental history: sold twice, last in November 2012, and rented once, from November 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1506 · DLD and Ejari recordsUpdated 7 November 2014
Last soldAED 283K6 November 2012
Current rentAED 42K /yr7 November 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1506, Skycourt Towers E

What is 1506 worth today?

Last sold for AED 283,369 in 2012

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7 Nov 2014RentedNew contract
AED 42,000/yr12 months · AED 98 per sqft
6 Nov 2012SoldReady
AED 283,369AED 662 per sqft
14 Sep 2009Sold by developerOff-plan
AED 283,369AED 662 per sqft

Source: Dubai Land Department. Updated 7 November 2014.

Key facts

Type
Studio apartment
Size
428 sqft
Floor
15th of 21
Parking
P1 E 129
Developer
Sky Courts
Completed
2011
Service charge
AED 5,500 /yr
Last sold
AED 283K · November 2012
Building
Skycourt Towers E

About 1506, Skycourt Towers E

1506 is a studio of 428 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 6 November 2012 for AED 283,369, or AED 662 per sqft, in line with the AED 650 studios in the building were fetching at the time.

One Ejari contract is registered, from 7 November 2014. The current contract, signed on 7 November 2014, is AED 42,000 a year: a gross yield of 14.8% on the 2012 price, before the service charge of about AED 5,500 a year.

Sales and rents for 1506 over time

Sales
Unit 1506, each saleTypical studio in Skycourt Towers E
200K400K2009201420192024Typical sale price by year: 2009 AED 272,874; 2011 AED 272,874; 2012 AED 283,369; 2013 AED 272,874; 2014 AED 410,000; 2015 AED 178,283; 2016 AED 400,000; 2017 AED 390,000; 2018 AED 527,443; 2020 AED 512,462; 2021 AED 368,073; 2023 AED 275,000; 2024 AED 340,000; 2025 AED 370,000; 2026 AED 400,000Sold by developer, September 2009: AED 283,369 (AED 662 per sqft)Sold, November 2012: AED 283,369 (AED 662 per sqft)

1506 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1506, each contractTypical studio in Skycourt Towers E
20K40K2012201620202024Typical rent by year: 2012 AED 24,493; 2013 AED 23,995; 2014 AED 38,553; 2015 AED 40,000; 2016 AED 39,000; 2017 AED 36,000; 2018 AED 34,000; 2019 AED 27,000; 2020 AED 21,250; 2021 AED 18,000; 2022 AED 21,250; 2023 AED 26,000; 2024 AED 31,500; 2025 AED 37,750; 2026 AED 37,000New contract, November 2014: AED 42,000 a year

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

Studios in Skycourt Towers E, and where 1506 sits

All 93 studios →

1506 last sold in November 2012 at AED 662 per sqft, in line with what studios in Skycourt Towers E were fetching at the time (AED 650). Over the last 12 months studios sold for AED 375,000 to 430,000, around AED 892 per sqft, and rent for AED 28,980 to 91,800 a year. 1506's AED 42,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
14 Sep 2026383,894
8 Sep 2026388,777
4 Sep 2026415,000
27 Aug 2026400,000
10 studio 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
15032-bedAED 570K · May 2022
1504StudioAED 325K · Sep 2013
1505StudioAED 182K · Apr 2013
15072-bedAED 933K · Oct 2025
15082-bedAED 860K · Mar 2025
1–7 of 18

1506, Skycourt Towers E in numbers

  • Sold twice: first on 14 September 2009 for AED 283,369, last on 6 November 2012 for AED 283,369 (AED 662 per sqft).
  • Rented since November 2014 on one Ejari contract, at AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2012 price is 14.8%, before a service charge of about AED 5,500 a year (AED 12.89 per sqft).
  • Studios in Skycourt Towers E sold for AED 375,000–430,000 in the 12 months to November 2026; the building's median across all types is AED 711 per sqft.

Source: Dubai Land Department. Updated 7 November 2014.

Questions about 1506, Skycourt Towers E

What did unit 1506 last sell for?

AED 283,369 on 6 November 2012: AED 662 per sqft for 428 sqft. The unit has 2 registered sales; the first was AED 283,369 in September 2009.

What is the rent for unit 1506?

AED 42,000 a year on the contract signed on 7 November 2014.

How big is unit 1506?

428 sqft (39.8 sqm): a studio on the 15th floor of a 21-storey tower completed in 2011.

What is unit 1506 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Skycourt Towers E sold for AED 375,000 to 430,000 in the last 12 months, around AED 892 per sqft.

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Mortgage on 1506, Skycourt Towers E

Starts from the last sale price (AED 283K, 6 November 2012). Switch to today's estimate once you have unlocked it.
Price
AED 283,369
Deposit, UAE resident (20%)
AED 56,674
Deposit, non-resident (40%)
AED 113,348
Monthly over 25 years at 3.7%
AED 1,159

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