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2-bed · 1,287 sqftSkycourt Towers E, Dubailand Residence Complex · 16th floor · completed 2011

1603, Skycourt Towers E

Sold prices and rental history: sold 3 times, last in June 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1603 · DLD and Ejari recordsUpdated 21 June 2024
Last soldAED 810K21 June 2024
Current rentAED 35K /yr10 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1603, Skycourt Towers E

What is 1603 worth today?

Last sold for AED 810,000 in 2024

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21 Jun 2024SoldReady
AED 810,000AED 629 per sqft
10 May 2021RentedRenewal
AED 35,000/yr12 months · AED 27 per sqft
10 May 2020RentedRenewal
AED 44,000/yr12 months · AED 34 per sqft
10 May 2019RentedNew contract
AED 50,000/yr12 months · AED 39 per sqft
22 Mar 2014RentedNew contract
AED 75,000/yr12 months · AED 58 per sqft
18 Aug 2013SoldReady
AED 435,953AED 338 per sqft
23 Oct 2009Sold by developerOff-plan
AED 435,953AED 338 per sqft

Source: Dubai Land Department. Updated 21 June 2024.

Key facts

Type
2-bed apartment
Size
1,287 sqft
Floor
16th of 21
Parking
B E 7
Developer
Sky Courts
Completed
2011
Service charge
AED 16,600 /yr
Last sold
AED 810K · June 2024
Building
Skycourt Towers E

About 1603, Skycourt Towers E

1603 is a two-bedroom apartment of 1,287 sqft on the 16th floor of Skycourt Towers E, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. It last sold on 21 June 2024 for AED 810,000, or AED 629 per sqft, 3% below the AED 649 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, renewed on 10 May 2021, is AED 35,000 a year: a gross yield of 4.3% on the 2024 price, before the service charge of about AED 16,600 a year.

Sales and rents for 1603 over time

Sales
Unit 1603, 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, October 2009: AED 435,953 (AED 338 per sqft)Sold, August 2013: AED 435,953 (AED 338 per sqft)Sold, June 2024: AED 810,000 (AED 629 per sqft)

1603 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1603, 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, March 2014: AED 75,000 a yearNew contract, May 2019: AED 50,000 a yearRenewal, May 2020: AED 44,000 a yearRenewal, May 2021: AED 35,000 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 1603 sits

All 193 2-beds →

1603 last sold in June 2024 at AED 629 per sqft, 3% below 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. 1603's AED 35,000 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 16th floor

All 387 units in Skycourt Towers E
Value
16012-bedAED 900K · Nov 2025
16022-bedAED 880K · Nov 2025
1604StudioAED 283K · Oct 2013
1605StudioAED 363K · Dec 2014
1606StudioAED 415K · Sep 2026
16072-bedAED 650K · Jun 2023
16082-bedAED 510K · Oct 2020
1–7 of 18

1603, Skycourt Towers E in numbers

  • Sold 3 times: first on 23 October 2009 for AED 435,953, last on 21 June 2024 for AED 810,000 (AED 629 per sqft).
  • Rented since March 2014 on 4 Ejari contracts, from AED 75,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2024 price is 4.3%, 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 June 2024.

Questions about 1603, Skycourt Towers E

What did unit 1603 last sell for?

AED 810,000 on 21 June 2024: AED 629 per sqft for 1,287 sqft. The unit has 3 registered sales; the first was AED 435,953 in October 2009.

What is the rent for unit 1603?

AED 35,000 a year on the contract renewed on 10 May 2021. The previous contract, from May 2020, was AED 44,000; the unit has been rented since March 2014.

How big is unit 1603?

1,287 sqft (119.6 sqm): a two-bedroom apartment on the 16th floor of a 21-storey tower completed in 2011.

What is unit 1603 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 1603, Skycourt Towers E

Starts from the last sale price (AED 810K, 21 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 810,000
Deposit, UAE resident (20%)
AED 162,000
Deposit, non-resident (40%)
AED 324,000
Monthly over 25 years at 3.7%
AED 3,314

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