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2-bed · 1,287 sqftSkycourt Towers E, Dubailand Residence Complex · 5th floor · completed 2011

502, Skycourt Towers E

Sold prices and rental history: sold once, by the developer in September 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 25 September 2023
Last soldAED 836K25 September 2023
Current rentAED 40K /yr31 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 502, Skycourt Towers E

What is 502 worth today?

Last sold for AED 836,297 in 2023

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25 Sep 2023Sold by developerReady
AED 836,297AED 649 per sqft
31 Dec 2022RentedRenewal
AED 40,200/yr12 months · AED 31 per sqft
31 Dec 2021RentedNew contract
AED 36,000/yr12 months · AED 28 per sqft
19 Dec 2017RentedRenewal
AED 73,000/yr12 months · AED 57 per sqft
19 Dec 2016RentedNew contract
AED 75,000/yr12 months · AED 58 per sqft
29 Jun 2016RentedNew contract
AED 64,615/yr13 months · AED 50 per sqft
1 Sep 2014RentedRenewal
AED 50,403/yr12 months · AED 39 per sqft
1 Sep 2013RentedRenewal
AED 48,003/yr12 months · AED 37 per sqft

Source: Dubai Land Department. Updated 25 September 2023.

Key facts

Type
2-bed apartment
Size
1,287 sqft
Floor
5th of 21
Parking
P2 E 79
Developer
Sky Courts
Completed
2011
Service charge
AED 16,600 /yr
Last sold
AED 836K · September 2023
Building
Skycourt Towers E

About 502, Skycourt Towers E

502 is a two-bedroom apartment of 1,287 sqft on the 5th floor of Skycourt Towers E, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. The developer sold it on 25 September 2023 for AED 836,297, or AED 649 per sqft, 44% above the AED 451 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 31 December 2022, is AED 40,200 a year: a gross yield of 4.8% on the 2023 price, before the service charge of about AED 16,600 a year.

Sales and rents for 502 over time

Sales
Unit 502, 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 2023: AED 836,297 (AED 649 per sqft)

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

Rents
Unit 502, 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, August 2012: AED 44,310 a yearRenewal, September 2013: AED 48,003 a yearRenewal, September 2014: AED 50,403 a yearNew contract, June 2016: AED 64,615 a yearNew contract, December 2016: AED 75,000 a yearRenewal, December 2017: AED 73,000 a yearNew contract, December 2021: AED 36,000 a yearRenewal, December 2022: AED 40,200 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 502 sits

All 193 2-beds →

502 last sold in September 2023 at AED 649 per sqft, 44% above what two-beds in Skycourt Towers E were fetching at the time (AED 451). 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. 502's AED 40,200 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 5th floor

All 387 units in Skycourt Towers E
Value
5012-bedAED 721K · Dec 2011
5032-bedAED 840K · Nov 2011
504StudioAED 410K · Jun 2015
505StudioAED 369K · Mar 2025
506StudioAED 389K · Sep 2026
5072-bedAED 836K · Nov 2023
5082-bedAED 420K · Sep 2011
1–7 of 19

502, Skycourt Towers E in numbers

  • Sold once: by Sky Courts on 25 September 2023 for AED 836,297, or AED 649 per sqft.
  • Rented since August 2012 on 8 Ejari contracts. The rent fell from AED 44,310 to AED 36,000 in 2021 and recovered to AED 40,200 by December 2022.
  • At AED 40,200 a year the gross yield on the 2023 price is 4.8%, 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 25 September 2023.

Questions about 502, Skycourt Towers E

What did unit 502 last sell for?

AED 836,297 on 25 September 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 502?

AED 40,200 a year on the contract renewed on 31 December 2022. The previous contract, from December 2021, was AED 36,000; the unit has been rented since August 2012.

How big is unit 502?

1,287 sqft (119.6 sqm): a two-bedroom apartment on the 5th floor of a 21-storey tower completed in 2011.

What is unit 502 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 502, Skycourt Towers E

Starts from the last sale price (AED 836K, 25 September 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 →