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1-bed · 1,087 sqftSkycourt Towers E, Dubailand Residence Complex · completed 2011

P311, Skycourt Towers E

Sold prices and rental history: sold twice, last 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 P311 · DLD and Ejari recordsUpdated 16 November 2023
Last soldAED 550K16 November 2023
Current rentAED 33K /yr1 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for P311, Skycourt Towers E

What is P311 worth today?

Last sold for AED 550,000 in 2023

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16 Nov 2023SoldReady
AED 550,000AED 506 per sqft
1 Jun 2022RentedRenewal
AED 33,350/yr12 months · AED 31 per sqft
1 Jun 2021RentedNew contract
AED 29,000/yr12 months · AED 27 per sqft
1 Mar 2020RentedRenewal
AED 37,000/yr12 months · AED 34 per sqft
6 Mar 2019Sold by developerReady
AED 852,187AED 784 per sqft
1 Mar 2019RentedRenewal
AED 45,000/yr12 months · AED 41 per sqft
1 Mar 2017RentedRenewal
AED 53,000/yr12 months · AED 49 per sqft
1 Mar 2016RentedNew contract
AED 58,500/yr12 months · AED 54 per sqft

Source: Dubai Land Department. Updated 16 November 2023.

Key facts

Type
1-bed apartment
Size
1,087 sqft
Parking
B E 121
Developer
Sky Courts
Completed
2011
Service charge
AED 14,000 /yr
Last sold
AED 550K · November 2023
Building
Skycourt Towers E

About P311, Skycourt Towers E

P311 is a one-bedroom apartment of 1,087 sqft of Skycourt Towers E, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. It last sold on 16 November 2023 for AED 550,000, or AED 506 per sqft, 8% above the AED 468 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 1 June 2022, is AED 33,350 a year: a gross yield of 6.1% on the 2023 price, before the service charge of about AED 14,000 a year.

Sales and rents for P311 over time

Sales
Unit P311, each saleTypical one-bed in Skycourt Towers E
500K750K2009201420192024Typical sale price by year: 2009 AED 501,346; 2011 AED 516,200; 2012 AED 501,346; 2013 AED 493,100; 2014 AED 610,000; 2015 AED 391,755; 2016 AED 572,500; 2017 AED 560,500; 2018 AED 593,500; 2020 AED 455,093; 2021 AED 345,000; 2022 AED 345,000; 2023 AED 395,000; 2024 AED 502,500; 2025 AED 510,000; 2026 AED 580,000Sold by developer, March 2019: AED 852,187 (AED 784 per sqft)Sold, November 2023: AED 550,000 (AED 506 per sqft)

P311 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit P311, each contractTypical one-bed in Skycourt Towers E
40K60K2012201620202024Typical rent by year: 2012 AED 32,000; 2013 AED 36,615; 2014 AED 40,000; 2015 AED 52,000; 2016 AED 52,000; 2017 AED 50,000; 2018 AED 44,000; 2019 AED 36,000; 2020 AED 30,000; 2021 AED 26,000; 2022 AED 28,750; 2023 AED 33,500; 2024 AED 41,800; 2025 AED 47,000; 2026 AED 50,000New contract, September 2012: AED 35,060 a yearNew contract, November 2013: AED 48,000 a yearRenewal, November 2014: AED 48,000 a yearNew contract, March 2016: AED 58,500 a yearRenewal, March 2017: AED 53,000 a yearRenewal, March 2019: AED 45,000 a yearRenewal, March 2020: AED 37,000 a yearNew contract, June 2021: AED 29,000 a yearRenewal, June 2022: AED 33,350 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Skycourt Towers E, and where P311 sits

All 120 1-beds →

P311 last sold in November 2023 at AED 506 per sqft, 8% above what one-beds in Skycourt Towers E were fetching at the time (AED 468). Over the last 12 months one-beds sold for AED 469,271 to 620,449, around AED 688 per sqft, and rent for AED 27,500 to 75,000 a year. P311's AED 33,350 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Oct 2026545,000
5 Oct 2026560,000
24 Sep 2026620,449
22 Sep 2026570,000
24 1-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 →

P311, Skycourt Towers E in numbers

  • Sold twice: first on 6 March 2019 for AED 852,187, last on 16 November 2023 for AED 550,000 (AED 506 per sqft).
  • Rented since September 2012 on 9 Ejari contracts. The rent fell from AED 35,060 to AED 29,000 in 2021 and recovered to AED 33,350 by June 2022.
  • At AED 33,350 a year the gross yield on the 2023 price is 6.1%, before a service charge of about AED 14,000 a year (AED 12.89 per sqft).
  • One-beds in Skycourt Towers E sold for AED 469,271–620,449 in the 12 months to November 2026; the building's median across all types is AED 711 per sqft.

Source: Dubai Land Department. Updated 16 November 2023.

Questions about P311, Skycourt Towers E

What did unit P311 last sell for?

AED 550,000 on 16 November 2023: AED 506 per sqft for 1,087 sqft. The unit has 2 registered sales; the first was AED 852,187 in March 2019.

What is the rent for unit P311?

AED 33,350 a year on the contract renewed on 1 June 2022. The previous contract, from June 2021, was AED 29,000; the unit has been rented since September 2012.

How big is unit P311?

1,087 sqft (101.0 sqm): a one-bedroom apartment of a 21-storey tower completed in 2011.

What is unit P311 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Skycourt Towers E sold for AED 469,271 to 620,449 in the last 12 months, around AED 688 per sqft.

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Mortgage on P311, Skycourt Towers E

Starts from the last sale price (AED 550K, 16 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

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