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

507, Skycourt Towers E

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

Unit 507 · DLD and Ejari recordsUpdated 29 January 2025
Last soldAED 836K21 November 2023
Current rentAED 65K /yr29 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 507, Skycourt Towers E

What is 507 worth today?

Last sold for AED 836,297 in 2023

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29 Jan 2025RentedRenewal
AED 65,000/yr12 months · AED 51 per sqft
29 Jan 2025RentedRenewal
AED 65,000/yr12 months · AED 51 per sqft
29 Jan 2024RentedRenewal
AED 48,072/yr12 months · AED 37 per sqft
21 Nov 2023Sold by developerReady
AED 836,297AED 649 per sqft
29 Jan 2023RentedRenewal
AED 43,700/yr12 months · AED 34 per sqft
29 Jan 2022RentedNew contract
AED 38,000/yr12 months · AED 30 per sqft
28 Dec 2020RentedNew contract
AED 38,000/yr12 months · AED 30 per sqft
15 Sep 2019RentedNew contract
AED 50,000/yr13 months · AED 39 per sqft

Source: Dubai Land Department. Updated 29 January 2025.

Key facts

Type
2-bed apartment
Size
1,287 sqft
Floor
5th of 21
Parking
P2 E 84
Developer
Sky Courts
Completed
2011
Service charge
AED 16,600 /yr
Last sold
AED 836K · November 2023
Building
Skycourt Towers E

About 507, Skycourt Towers E

507 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 21 November 2023 for AED 836,297, or AED 649 per sqft, 22% above the AED 530 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, renewed on 29 January 2025, is AED 65,000 a year: a gross yield of 7.8% on the 2023 price, before the service charge of about AED 16,600 a year.

Sales and rents for 507 over time

Sales
Unit 507, 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, November 2023: AED 836,297 (AED 649 per sqft)

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

Rents
Unit 507, 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 2012: AED 48,003 a yearRenewal, September 2013: AED 50,403 a yearRenewal, September 2015: AED 58,216 a yearRenewal, September 2016: AED 61,126 a yearRenewal, September 2017: AED 61,126 a yearRenewal, September 2018: AED 61,126 a yearNew contract, September 2019: AED 50,000 a yearNew contract, December 2020: AED 38,000 a yearNew contract, January 2022: AED 38,000 a yearRenewal, January 2023: AED 43,700 a yearRenewal, January 2024: AED 48,072 a yearRenewal, January 2025: AED 65,000 a yearRenewal, January 2025: AED 65,000 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 507 sits

All 193 2-beds →

507 last sold in November 2023 at AED 649 per sqft, 22% above what two-beds in Skycourt Towers E were fetching at the time (AED 530). 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. 507's AED 65,000 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 5th floor

All 387 units in Skycourt Towers E
Value
5012-bedAED 721K · Dec 2011
5022-bedAED 836K · Sep 2023
5032-bedAED 840K · Nov 2011
504StudioAED 410K · Jun 2015
505StudioAED 369K · Mar 2025
506StudioAED 389K · Sep 2026
5082-bedAED 420K · Sep 2011
1–7 of 19

507, Skycourt Towers E in numbers

  • Sold once: by Sky Courts on 21 November 2023 for AED 836,297, or AED 649 per sqft.
  • Rented since September 2012 on 13 Ejari contracts. The rent fell from AED 48,003 to AED 38,000 in 2022 and recovered to AED 65,000 by January 2025.
  • At AED 65,000 a year the gross yield on the 2023 price is 7.8%, 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 29 January 2025.

Questions about 507, Skycourt Towers E

What did unit 507 last sell for?

AED 836,297 on 21 November 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 507?

AED 65,000 a year on the contract renewed on 29 January 2025. The previous contract, from January 2025, was AED 65,000; the unit has been rented since September 2012.

How big is unit 507?

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 507 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 507, Skycourt Towers E

Starts from the last sale price (AED 836K, 21 November 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 →