Studio · 570 sqftSkycourt Towers E, Dubailand Residence Complex · 5th floor · completed 2011

520, Skycourt Towers E

Sold prices and rental history: sold 3 times, last in December 2018, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 520 · DLD and Ejari recordsUpdated 27 December 2024
Last soldAED 370K24 December 2018
Current rentAED 33K /yr27 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 520, Skycourt Towers E

What is 520 worth today?

Last sold for AED 370,000 in 2018

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27 Dec 2024RentedRenewal
AED 33,000/yr12 months · AED 58 per sqft
27 Dec 2023RentedRenewal
AED 30,000/yr12 months · AED 53 per sqft
27 Dec 2022RentedRenewal
AED 30,000/yr12 months · AED 53 per sqft
27 Dec 2021RentedRenewal
AED 30,000/yr12 months · AED 53 per sqft
27 Dec 2020RentedRenewal
AED 30,000/yr12 months · AED 53 per sqft
27 Dec 2019RentedRenewal
AED 36,000/yr12 months · AED 63 per sqft
27 Dec 2018RentedNew contract
AED 36,000/yr12 months · AED 63 per sqft
24 Dec 2018SoldReady
AED 370,000AED 649 per sqft

Source: Dubai Land Department. Updated 27 December 2024.

Key facts

Type
Studio apartment
Size
570 sqft
Floor
5th of 21
Parking
P2 E 98
Developer
Sky Courts
Completed
2011
Service charge
AED 7,300 /yr
Last sold
AED 370K · December 2018

About 520, Skycourt Towers E

520 is a studio of 570 sqft on the 5th floor of Skycourt Towers E, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. It last sold on 24 December 2018 for AED 370,000, or AED 649 per sqft, 26% below the AED 872 studios in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 27 December 2024, is AED 33,000 a year: a gross yield of 8.9% on the 2018 price, before the service charge of about AED 7,300 a year.

Sales and rents for 520 over time

Sales
Unit 520, 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, October 2009: AED 181,647 (AED 318 per sqft)Sold, February 2013: AED 181,647 (AED 318 per sqft)Sold, December 2018: AED 370,000 (AED 649 per sqft)

520 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 520, 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 26,000 a yearNew contract, August 2017: AED 42,000 a yearNew contract, December 2018: AED 36,000 a yearRenewal, December 2019: AED 36,000 a yearRenewal, December 2020: AED 30,000 a yearRenewal, December 2021: AED 30,000 a yearRenewal, December 2022: AED 30,000 a yearRenewal, December 2023: AED 30,000 a yearRenewal, December 2024: AED 33,000 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 520 sits

All 93 studios →

520 last sold in December 2018 at AED 649 per sqft, 26% below what studios in Skycourt Towers E were fetching at the time (AED 872). 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. 520's AED 33,000 is in the lower half 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 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
5072-bedAED 836K · Nov 2023
1–7 of 19

520, Skycourt Towers E in numbers

  • Sold 3 times: first on 23 October 2009 for AED 181,647, last on 24 December 2018 for AED 370,000 (AED 649 per sqft).
  • Rented since October 2012 on 9 Ejari contracts, from AED 26,000 to AED 33,000 a year.
  • At AED 33,000 a year the gross yield on the 2018 price is 8.9%, before a service charge of about AED 7,300 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 27 December 2024.

Questions about 520, Skycourt Towers E

What did unit 520 last sell for?

AED 370,000 on 24 December 2018: AED 649 per sqft for 570 sqft. The unit has 3 registered sales; the first was AED 181,647 in October 2009.

What is the rent for unit 520?

AED 33,000 a year on the contract renewed on 27 December 2024. The previous contract, from December 2023, was AED 30,000; the unit has been rented since October 2012.

How big is unit 520?

570 sqft (53.0 sqm): a studio on the 5th floor of a 21-storey tower completed in 2011.

What is unit 520 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 520, Skycourt Towers E

Starts from the last sale price (AED 370K, 24 December 2018). Switch to today's estimate once you have unlocked it.
Price
AED 370,000
Deposit, UAE resident (20%)
AED 74,000
Deposit, non-resident (40%)
AED 148,000
Monthly over 25 years at 3.7%
AED 1,514

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