2-bed · 1,287 sqftSkycourt Towers E, Dubailand Residence Complex · 4th floor · completed 2011

402, Skycourt Towers E

Sold prices and rental history: sold once, by the developer in October 2023, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 836K23 October 2023
Current rentAED 44K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Skycourt Towers E

What is 402 worth today?

Last sold for AED 836,297 in 2023

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1 May 2024RentedNew contract
AED 43,704/yr10 months · AED 34 per sqft
1 May 2024RentedRenewal
AED 36,420/yr12 months · AED 28 per sqft
23 Oct 2023Sold by developerReady
AED 836,297AED 649 per sqft
1 May 2023RentedRenewal
AED 43,700/yr12 months · AED 34 per sqft
1 May 2022RentedNew contract
AED 38,000/yr12 months · AED 30 per sqft
1 Nov 2021RentedRenewal
AED 40,000/yr6 months · AED 31 per sqft
1 Nov 2020RentedRenewal
AED 40,000/yr12 months · AED 31 per sqft
1 Sep 2019RentedNew contract
AED 50,000/yr14 months · AED 39 per sqft

Source: Dubai Land Department. Updated 1 May 2024.

Key facts

Type
2-bed apartment
Size
1,287 sqft
Floor
4th of 21
Parking
P2 E 59
Developer
Sky Courts
Completed
2011
Service charge
AED 16,600 /yr
Last sold
AED 836K · October 2023

About 402, Skycourt Towers E

402 is a two-bedroom apartment of 1,287 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 23 October 2023 for AED 836,297, or AED 649 per sqft, 39% above the AED 466 two-beds in the building were fetching at the time.

It has been rented continuously since 2011 on 12 Ejari contracts. The current contract, signed on 1 May 2024, is AED 43,704 a year: a gross yield of 5.2% on the 2023 price, before the service charge of about AED 16,600 a year.

Sales and rents for 402 over time

Sales
Unit 402, 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 2023: AED 836,297 (AED 649 per sqft)

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

Rents
Unit 402, 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, September 2011: AED 48,003 a yearNew contract, October 2014: AED 52,924 a yearNew contract, May 2016: AED 75,000 a yearNew contract, September 2017: AED 68,000 a yearRenewal, September 2018: AED 68,000 a yearNew contract, September 2019: AED 50,000 a yearRenewal, November 2020: AED 40,000 a yearRenewal, November 2021: AED 40,000 a yearNew contract, May 2022: AED 38,000 a yearRenewal, May 2023: AED 43,700 a yearNew contract, May 2024: AED 43,704 a yearRenewal, May 2024: AED 36,420 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 402 sits

All 193 2-beds →

402 last sold in October 2023 at AED 649 per sqft, 39% above what two-beds in Skycourt Towers E were fetching at the time (AED 466). 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. 402's AED 43,704 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 4th floor

All 387 units in Skycourt Towers E
Value
4012-bedAED 1.26M · Nov 2018
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

402, Skycourt Towers E in numbers

  • Sold once: by Sky Courts on 23 October 2023 for AED 836,297, or AED 649 per sqft.
  • Rented since September 2011 on 12 Ejari contracts. The rent fell from AED 48,003 to AED 36,420 in 2024 and recovered to AED 43,704 by May 2024.
  • At AED 43,704 a year the gross yield on the 2023 price is 5.2%, 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 May 2024.

Questions about 402, Skycourt Towers E

What did unit 402 last sell for?

AED 836,297 on 23 October 2023, sold by the developer: AED 649 per sqft for 1,287 sqft. It is the only registered sale of the unit.

What is the rent for unit 402?

AED 43,704 a year on the contract signed on 1 May 2024. The previous contract, from May 2024, was AED 36,420; the unit has been rented since September 2011.

How big is unit 402?

1,287 sqft (119.6 sqm): a two-bedroom apartment on the 4th floor of a 21-storey tower completed in 2011.

What is unit 402 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 402, Skycourt Towers E

Starts from the last sale price (AED 836K, 23 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 836,297
Deposit, UAE resident (20%)
AED 167,259
Deposit, non-resident (40%)
AED 334,519
Monthly over 25 years at 3.7%
AED 3,422

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