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2-bed · 1,094 sqftSkycourt Towers E, Dubailand Residence Complex · 15th floor · completed 2011

1518, Skycourt Towers E

Sold prices and rental history: sold 5 times, last in July 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1518 · DLD and Ejari recordsUpdated 31 July 2024
Last soldAED 690K31 July 2024
Current rentAED 37K /yr25 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1518, Skycourt Towers E

What is 1518 worth today?

Last sold for AED 690,000 in 2024

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31 Jul 2024SoldReady
AED 690,000AED 630 per sqft
1 Jun 2023SoldReady
AED 455,000AED 415 per sqft
25 Nov 2022RentedRenewal
AED 36,800/yr12 months · AED 34 per sqft
25 Nov 2021RentedNew contract
AED 32,000/yr12 months · AED 29 per sqft
1 Nov 2021RentedNew contract
AED 32,000/yr12 months · AED 29 per sqft
11 Jun 2020SoldReady
AED 590,880AED 540 per sqft
20 Nov 2019RentedNew contract
AED 40,000/yr12 months · AED 37 per sqft
1 Aug 2018RentedNew contract
AED 55,000/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 31 July 2024.

Key facts

Type
2-bed apartment
Size
1,094 sqft
Floor
15th of 21
Parking
B E 3
Developer
Sky Courts
Completed
2011
Service charge
AED 14,100 /yr
Last sold
AED 690K · July 2024
Building
Skycourt Towers E

About 1518, Skycourt Towers E

1518 is a two-bedroom apartment of 1,094 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 31 July 2024 for AED 690,000, or AED 630 per sqft, in line with the AED 649 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 25 November 2022, is AED 36,800 a year: a gross yield of 5.3% on the 2024 price, before the service charge of about AED 14,100 a year.

Sales and rents for 1518 over time

Sales
Unit 1518, 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, July 2009: AED 958,231 (AED 875 per sqft)Sold, May 2014: AED 958,231 (AED 875 per sqft)Sold, June 2020: AED 590,880 (AED 540 per sqft)Sold, June 2023: AED 455,000 (AED 415 per sqft)Sold, July 2024: AED 690,000 (AED 630 per sqft)

1518 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1518, 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, February 2015: AED 60,500 a yearNew contract, February 2016: AED 62,000 a yearRenewal, February 2017: AED 64,000 a yearNew contract, August 2017: AED 60,000 a yearNew contract, August 2018: AED 55,000 a yearNew contract, November 2019: AED 40,000 a yearNew contract, November 2021: AED 32,000 a yearNew contract, November 2021: AED 32,000 a yearRenewal, November 2022: AED 36,800 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 1518 sits

All 193 2-beds →

1518 last sold in July 2024 at AED 630 per sqft, in line with what two-beds in Skycourt Towers E were fetching at the time (AED 649). 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. 1518's AED 36,800 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
15032-bedAED 570K · May 2022
1504StudioAED 325K · Sep 2013
1505StudioAED 182K · Apr 2013
1506StudioAED 283K · Nov 2012
15072-bedAED 933K · Oct 2025
1–7 of 18

1518, Skycourt Towers E in numbers

  • Sold 5 times: first on 22 July 2009 for AED 958,231, last on 31 July 2024 for AED 690,000 (AED 630 per sqft).
  • Rented since February 2015 on 9 Ejari contracts. The rent fell from AED 60,500 to AED 32,000 in 2021 and recovered to AED 36,800 by November 2022.
  • At AED 36,800 a year the gross yield on the 2024 price is 5.3%, before a service charge of about AED 14,100 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 31 July 2024.

Questions about 1518, Skycourt Towers E

What did unit 1518 last sell for?

AED 690,000 on 31 July 2024: AED 630 per sqft for 1,094 sqft. The unit has 5 registered sales; the first was AED 958,231 in July 2009.

What is the rent for unit 1518?

AED 36,800 a year on the contract renewed on 25 November 2022. The previous contract, from November 2021, was AED 32,000; the unit has been rented since February 2015.

How big is unit 1518?

1,094 sqft (101.6 sqm): a two-bedroom apartment on the 15th floor of a 21-storey tower completed in 2011.

What is unit 1518 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 1518, Skycourt Towers E

Starts from the last sale price (AED 690K, 31 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 690,000
Deposit, UAE resident (20%)
AED 138,000
Deposit, non-resident (40%)
AED 276,000
Monthly over 25 years at 3.7%
AED 2,823

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