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

1607, Skycourt Towers E

Sold prices and rental history: sold 4 times, last in June 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1607 · DLD and Ejari recordsUpdated 1 October 2023
Last soldAED 650K9 June 2023
Current rentAED 50K /yr1 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1607, Skycourt Towers E

What is 1607 worth today?

Last sold for AED 650,000 in 2023

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1 Oct 2023RentedRenewal
AED 50,000/yr12 months · AED 39 per sqft
9 Jun 2023SoldReady
AED 650,000AED 505 per sqft
1 Oct 2022RentedNew contract
AED 46,000/yr12 months · AED 36 per sqft
8 Oct 2020SoldReady
AED 510,000AED 396 per sqft
2 Jun 2019RentedRenewal
AED 54,000/yr12 months · AED 42 per sqft
2 Jun 2018RentedRenewal
AED 60,000/yr12 months · AED 46 per sqft
2 Jun 2017RentedRenewal
AED 63,000/yr12 months · AED 49 per sqft
2 Jun 2016RentedRenewal
AED 63,000/yr12 months · AED 49 per sqft

Source: Dubai Land Department. Updated 1 October 2023.

Key facts

Type
2-bed apartment
Size
1,287 sqft
Floor
16th of 21
Parking
B E 11
Developer
Sky Courts
Completed
2011
Service charge
AED 16,600 /yr
Last sold
AED 650K · June 2023

About 1607, Skycourt Towers E

1607 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 9 June 2023 for AED 650,000, or AED 505 per sqft, 15% above the AED 440 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 1 October 2023, is AED 50,000 a year: a gross yield of 7.7% on the 2023 price, before the service charge of about AED 16,600 a year.

Sales and rents for 1607 over time

Sales
Unit 1607, 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, September 2009: AED 871,905 (AED 677 per sqft)Sold, March 2012: AED 871,905 (AED 677 per sqft)Sold, October 2020: AED 510,000 (AED 396 per sqft)Sold, June 2023: AED 650,000 (AED 505 per sqft)

1607 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1607, 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, September 2013: AED 42,000 a yearNew contract, September 2014: AED 45,000 a yearNew contract, June 2015: AED 60,000 a yearRenewal, June 2016: AED 63,000 a yearRenewal, June 2017: AED 63,000 a yearRenewal, June 2018: AED 60,000 a yearRenewal, June 2019: AED 54,000 a yearNew contract, October 2022: AED 46,000 a yearRenewal, October 2023: AED 50,000 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 1607 sits

All 193 2-beds →

1607 last sold in June 2023 at AED 505 per sqft, 15% above what two-beds in Skycourt Towers E were fetching at the time (AED 440). 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. 1607's AED 50,000 is in the lower half 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
16032-bedAED 810K · Jun 2024
1604StudioAED 283K · Oct 2013
1605StudioAED 363K · Dec 2014
1606StudioAED 415K · Sep 2026
16082-bedAED 510K · Oct 2020
1–7 of 18

1607, Skycourt Towers E in numbers

  • Sold 4 times: first on 14 September 2009 for AED 871,905, last on 9 June 2023 for AED 650,000 (AED 505 per sqft).
  • Rented since September 2013 on 9 Ejari contracts, from AED 42,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2023 price is 7.7%, 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 1 October 2023.

Questions about 1607, Skycourt Towers E

What did unit 1607 last sell for?

AED 650,000 on 9 June 2023: AED 505 per sqft for 1,287 sqft. The unit has 4 registered sales; the first was AED 871,905 in September 2009.

What is the rent for unit 1607?

AED 50,000 a year on the contract renewed on 1 October 2023. The previous contract, from October 2022, was AED 46,000; the unit has been rented since September 2013.

How big is unit 1607?

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 1607 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 1607, Skycourt Towers E

Starts from the last sale price (AED 650K, 9 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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