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2-bed · 1,089 sqftSkycourt Towers E, Dubailand Residence Complex · 4th floor · completed 2011

401, Skycourt Towers E

Sold prices and rental history: sold once, by the developer in November 2018, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 14 November 2018
Last soldAED 1.26M14 November 2018
Current rentAED 54K /yr3 February 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 401, Skycourt Towers E

What is 401 worth today?

Last sold for AED 1,264,321 in 2018

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14 Nov 2018Sold by developerReady
AED 1,264,321AED 1,160 per sqft
3 Feb 2016RentedRenewal
AED 53,691/yr12 months · AED 49 per sqft
2 Aug 2015RentedRenewal
AED 53,691/yr6 months · AED 49 per sqft
2 Aug 2014RentedRenewal
AED 48,400/yr12 months · AED 44 per sqft
2 Aug 2013RentedRenewal
AED 44,000/yr12 months · AED 40 per sqft
23 Jul 2012RentedNew contract
AED 41,766/yr12 months · AED 38 per sqft

Source: Dubai Land Department. Updated 14 November 2018.

Key facts

Type
2-bed apartment
Size
1,089 sqft
Floor
4th of 21
Parking
P2 E 58
Developer
Sky Courts
Completed
2011
Service charge
AED 14,000 /yr
Last sold
AED 1.26M · November 2018
Building
Skycourt Towers E

About 401, Skycourt Towers E

401 is a two-bedroom apartment of 1,089 sqft on the 4th floor of Skycourt Towers E, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. The developer sold it on 14 November 2018 for AED 1,264,321, or AED 1,160 per sqft, 91% above the AED 606 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, renewed on 3 February 2016, is AED 53,691 a year: a gross yield of 4.3% on the 2018 price, before the service charge of about AED 14,000 a year.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical two-bed in Skycourt Towers E
500K1M2009201420192024Typical 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, November 2018: AED 1,264,321 (AED 1,160 per sqft)

401 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 401, 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, July 2012: AED 41,766 a yearRenewal, August 2013: AED 44,000 a yearRenewal, August 2014: AED 48,400 a yearRenewal, August 2015: AED 53,691 a yearRenewal, February 2016: AED 53,691 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 401 sits

All 193 2-beds →

401 last sold in November 2018 at AED 1,160 per sqft, 91% above what two-beds in Skycourt Towers E were fetching at the time (AED 606). 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. 401's AED 53,691 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 4th floor

All 387 units in Skycourt Towers E
Value
4022-bedAED 836K · Oct 2023
4032-bedAED 836K · Dec 2024
404StudioAED 400K · Sep 2015
405StudioAED 380K · Dec 2024
406StudioAED 260K · Mar 2023
4072-bedAED 836K · Dec 2023
4082-bedAED 850K · Nov 2025
1–7 of 19

401, Skycourt Towers E in numbers

  • Sold once: by Sky Courts on 14 November 2018 for AED 1,264,321, or AED 1,160 per sqft.
  • Rented since July 2012 on 5 Ejari contracts, from AED 41,766 to AED 53,691 a year.
  • At AED 53,691 a year the gross yield on the 2018 price is 4.3%, before a service charge of about AED 14,000 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 14 November 2018.

Questions about 401, Skycourt Towers E

What did unit 401 last sell for?

AED 1,264,321 on 14 November 2018, sold by the developer: AED 1,160 per sqft for 1,089 sqft. It is the only registered sale of the unit.

What is the rent for unit 401?

AED 53,691 a year on the contract renewed on 3 February 2016. The previous contract, from August 2015, was AED 53,691; the unit has been rented since July 2012.

How big is unit 401?

1,089 sqft (101.2 sqm): a two-bedroom apartment on the 4th floor of a 21-storey tower completed in 2011.

What is unit 401 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 401, Skycourt Towers E

Starts from the last sale price (AED 1.26M, 14 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,264,321
Deposit, UAE resident (20%)
AED 252,864
Deposit, non-resident (40%)
AED 505,728
Monthly over 25 years at 3.7%
AED 5,173

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