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

P312, Skycourt Towers E

Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P312 · DLD and Ejari recordsUpdated 31 July 2024
Last soldAED 605K31 July 2024
Current rentAED 30K /yr1 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for P312, Skycourt Towers E

What is P312 worth today?

Last sold for AED 605,000 in 2024

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31 Jul 2024SoldReady
AED 605,000AED 556 per sqft
1 Sep 2022RentedRenewal
AED 30,000/yr12 months · AED 28 per sqft
1 Sep 2021RentedRenewal
AED 28,000/yr12 months · AED 26 per sqft
1 Sep 2020RentedNew contract
AED 32,000/yr12 months · AED 29 per sqft
15 Jun 2019RentedRenewal
AED 40,000/yr12 months · AED 37 per sqft
13 Nov 2018Sold by developerReady
AED 864,892AED 795 per sqft
15 Jun 2018RentedNew contract
AED 47,000/yr12 months · AED 43 per sqft
8 Apr 2017RentedNew contract
AED 58,000/yr12 months · AED 53 per sqft

Source: Dubai Land Department. Updated 31 July 2024.

Key facts

Type
1-bed apartment
Size
1,087 sqft
Parking
B E 122
Developer
Sky Courts
Completed
2011
Service charge
AED 14,000 /yr
Last sold
AED 605K · July 2024
Building
Skycourt Towers E

About P312, Skycourt Towers E

P312 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 31 July 2024 for AED 605,000, or AED 556 per sqft, in line with the AED 557 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 September 2022, is AED 30,000 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 14,000 a year.

Sales and rents for P312 over time

Sales
Unit P312, 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, November 2018: AED 864,892 (AED 795 per sqft)Sold, July 2024: AED 605,000 (AED 556 per sqft)

P312 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit P312, 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, August 2012: AED 32,363 a yearRenewal, September 2013: AED 35,060 a yearRenewal, September 2014: AED 38,566 a yearNew contract, April 2017: AED 58,000 a yearNew contract, June 2018: AED 47,000 a yearRenewal, June 2019: AED 40,000 a yearNew contract, September 2020: AED 32,000 a yearRenewal, September 2021: AED 28,000 a yearRenewal, September 2022: AED 30,000 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 P312 sits

All 120 1-beds →

P312 last sold in July 2024 at AED 556 per sqft, in line with what one-beds in Skycourt Towers E were fetching at the time (AED 557). 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. P312's AED 30,000 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 →

P312, Skycourt Towers E in numbers

  • Sold twice: first on 13 November 2018 for AED 864,892, last on 31 July 2024 for AED 605,000 (AED 556 per sqft).
  • Rented since August 2012 on 9 Ejari contracts, from AED 32,363 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2024 price is 5.0%, 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 31 July 2024.

Questions about P312, Skycourt Towers E

What did unit P312 last sell for?

AED 605,000 on 31 July 2024: AED 556 per sqft for 1,087 sqft. The unit has 2 registered sales; the first was AED 864,892 in November 2018.

What is the rent for unit P312?

AED 30,000 a year on the contract renewed on 1 September 2022. The previous contract, from September 2021, was AED 28,000; the unit has been rented since August 2012.

How big is unit P312?

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

What is unit P312 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 P312, Skycourt Towers E

Starts from the last sale price (AED 605K, 31 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 605,000
Deposit, UAE resident (20%)
AED 121,000
Deposit, non-resident (40%)
AED 242,000
Monthly over 25 years at 3.7%
AED 2,475

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