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Studio · 441 sqftSkycourt Towers E, Dubailand Residence Complex · 16th floor · completed 2011

1617, Skycourt Towers E

Sold prices and rental history: sold 4 times, last in December 2014, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1617 · DLD and Ejari recordsUpdated 20 March 2023
Last soldAED 419K10 December 2014
Current rentAED 22K /yr20 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1617, Skycourt Towers E

What is 1617 worth today?

Last sold for AED 419,254 in 2014

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20 Mar 2023RentedNew contract
AED 22,000/yr12 months · AED 50 per sqft
1 Nov 2021RentedNew contract
AED 15,000/yr12 months · AED 34 per sqft
22 Jun 2019RentedRenewal
AED 22,000/yr12 months · AED 50 per sqft
22 Jun 2018RentedNew contract
AED 29,000/yr12 months · AED 66 per sqft
20 Jun 2016RentedNew contract
AED 38,000/yr12 months · AED 86 per sqft
10 Dec 2014SoldReady
AED 419,254AED 949 per sqft
2 Apr 2014SoldReady
AED 400,000AED 906 per sqft
20 Oct 2012RentedNew contract
AED 25,000/yr12 months · AED 57 per sqft

Source: Dubai Land Department. Updated 20 March 2023.

Key facts

Type
Studio apartment
Size
441 sqft
Floor
16th of 21
Parking
B E 21
Developer
Sky Courts
Completed
2011
Service charge
AED 5,700 /yr
Last sold
AED 419K · December 2014
Building
Skycourt Towers E

About 1617, Skycourt Towers E

1617 is a studio of 441 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 10 December 2014 for AED 419,254, or AED 949 per sqft, in line with the AED 949 studios in the building were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, signed on 20 March 2023, is AED 22,000 a year: a gross yield of 5.3% on the 2014 price, before the service charge of about AED 5,700 a year.

Sales and rents for 1617 over time

Sales
Unit 1617, 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 314,209 (AED 711 per sqft)Sold, June 2011: AED 314,209 (AED 711 per sqft)Sold, April 2014: AED 400,000 (AED 906 per sqft)Sold, December 2014: AED 419,254 (AED 949 per sqft)

1617 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1617, 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, October 2012: AED 25,000 a yearNew contract, June 2016: AED 38,000 a yearNew contract, June 2018: AED 29,000 a yearRenewal, June 2019: AED 22,000 a yearNew contract, November 2021: AED 15,000 a yearNew contract, March 2023: AED 22,000 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 1617 sits

All 93 studios →

1617 last sold in December 2014 at AED 949 per sqft, in line with what studios in Skycourt Towers E were fetching at the time (AED 949). 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. 1617's AED 22,000 is at the bottom 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 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
16072-bedAED 650K · Jun 2023
1–7 of 18

1617, Skycourt Towers E in numbers

  • Sold 4 times: first on 14 September 2009 for AED 314,209, last on 10 December 2014 for AED 419,254 (AED 949 per sqft).
  • Rented since October 2012 on 6 Ejari contracts. The rent fell from AED 25,000 to AED 15,000 in 2021 and recovered to AED 22,000 by March 2023.
  • At AED 22,000 a year the gross yield on the 2014 price is 5.3%, before a service charge of about AED 5,700 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 20 March 2023.

Questions about 1617, Skycourt Towers E

What did unit 1617 last sell for?

AED 419,254 on 10 December 2014: AED 949 per sqft for 441 sqft. The unit has 4 registered sales; the first was AED 314,209 in September 2009.

What is the rent for unit 1617?

AED 22,000 a year on the contract signed on 20 March 2023. The previous contract, from November 2021, was AED 15,000; the unit has been rented since October 2012.

How big is unit 1617?

441 sqft (41.0 sqm): a studio on the 16th floor of a 21-storey tower completed in 2011.

What is unit 1617 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 1617, Skycourt Towers E

Starts from the last sale price (AED 419K, 10 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 419,254
Deposit, UAE resident (20%)
AED 83,851
Deposit, non-resident (40%)
AED 167,702
Monthly over 25 years at 3.7%
AED 1,715

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