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Studio · 428 sqftSkycourt Towers C, Dubailand Residence Complex · 5th floor · completed 2011

508, Skycourt Towers C

Sold prices and rental history: sold 3 times, last in February 2017, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 5 November 2024
Last soldAED 430K7 February 2017
Current rentAED 28K /yr5 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Skycourt Towers C

What is 508 worth today?

Last sold for AED 430,000 in 2017

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5 Nov 2024RentedRenewal
AED 28,000/yr12 months · AED 65 per sqft
5 Nov 2023RentedRenewal
AED 25,000/yr12 months · AED 58 per sqft
5 Nov 2022RentedNew contract
AED 22,000/yr12 months · AED 51 per sqft
20 Sep 2021RentedNew contract
AED 16,000/yr12 months · AED 37 per sqft
1 Mar 2021RentedNew contract
AED 17,000/yr12 months · AED 39 per sqft
1 Oct 2019RentedRenewal
AED 25,000/yr12 months · AED 58 per sqft
1 Oct 2018RentedNew contract
AED 27,000/yr12 months · AED 63 per sqft
15 Aug 2017RentedNew contract
AED 37,000/yr12 months · AED 86 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 November 2024.

Key facts

Type
Studio apartment
Size
428 sqft
Floor
5th of 21
Parking
P2 C 102
Developer
Sky Courts
Completed
2011
Service charge
AED 5,000 /yr
Last sold
AED 430K · February 2017
Building
Skycourt Towers C

About 508, Skycourt Towers C

508 is a studio of 428 sqft on the 5th floor of Skycourt Towers C, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. It last sold on 7 February 2017 for AED 430,000, or AED 1,004 per sqft, 10% above the AED 911 studios in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 5 November 2024, is AED 28,000 a year: a gross yield of 6.5% on the 2017 price, before the service charge of about AED 5,000 a year.

Sales and rents for 508 over time

Sales
Unit 508, each saleTypical studio in Skycourt Towers C
200K400K2009201420192024Typical sale price by year: 2009 AED 232,508; 2011 AED 272,874; 2012 AED 272,874; 2013 AED 300,000; 2014 AED 380,000; 2015 AED 152,583; 2016 AED 391,000; 2017 AED 400,000; 2018 AED 500,000; 2019 AED 300,000; 2020 AED 437,436; 2021 AED 222,500; 2022 AED 220,000; 2023 AED 262,500; 2024 AED 330,000; 2025 AED 360,000Sold by developer, September 2009: AED 272,874 (AED 637 per sqft)Sold, January 2012: AED 272,874 (AED 637 per sqft)Sold, February 2017: AED 430,000 (AED 1,004 per sqft)

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

Rents
Unit 508, each contractTypical studio in Skycourt Towers C
20K40K2012201620202024Typical rent by year: 2012 AED 22,967; 2013 AED 23,912; 2014 AED 40,000; 2015 AED 40,000; 2016 AED 40,000; 2017 AED 36,000; 2018 AED 33,000; 2019 AED 26,000; 2020 AED 22,000; 2021 AED 18,500; 2022 AED 22,000; 2023 AED 26,000; 2024 AED 32,000; 2025 AED 36,000; 2026 AED 38,000New contract, June 2012: AED 15,000 a yearNew contract, June 2013: AED 15,000 a yearRenewal, June 2014: AED 30,000 a yearNew contract, August 2017: AED 37,000 a yearNew contract, October 2018: AED 27,000 a yearRenewal, October 2019: AED 25,000 a yearNew contract, March 2021: AED 17,000 a yearNew contract, September 2021: AED 16,000 a yearNew contract, November 2022: AED 22,000 a yearRenewal, November 2023: AED 25,000 a yearRenewal, November 2024: AED 28,000 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 C, and where 508 sits

All 112 studios →

508 last sold in February 2017 at AED 1,004 per sqft, 10% above what studios in Skycourt Towers C were fetching at the time (AED 911). Over the last 12 months studios sold for AED 420,000, around AED 898 per sqft, and rent for AED 28,560 to 82,680 a year. 508's AED 28,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
27 Jan 2026420,000
19 Jun 2025360,000
9 Apr 2025450,000
14 Mar 2025220,486
1 studio sale in the last 12 months

Skycourt Towers C

Building

468 apartments, studios to 2-bed over 21 floors in Dubailand Residence Complex, completed in 2011 by Sky Courts. 10 sold in the last 12 months.

Typical price per sqft
AED 680 Down 0.9%
Typical sale
AED 590K
Typical rent
AED 53K /yr
Typical yield
9.4%
Skycourt Towers C, Dubailand Residence Complex: prices, sales and rents →

Other units on the 5th floor

All 468 units in Skycourt Towers C
Value
5012-bedAED 721K · Dec 2011
5022-bedAED 840K · Jun 2011
5032-bedAED 836K · Dec 2023
504StudioAED 360K · Mar 2024
505StudioAED 300K · Jul 2019
506AED 502K · Nov 2025
507StudioAED 273K · Sep 2011
1–7 of 23

508, Skycourt Towers C in numbers

  • Sold 3 times: first on 13 September 2009 for AED 272,874, last on 7 February 2017 for AED 430,000 (AED 1,004 per sqft).
  • Rented since June 2012 on 11 Ejari contracts, from AED 15,000 to AED 28,000 a year.
  • At AED 28,000 a year the gross yield on the 2017 price is 6.5%, before a service charge of about AED 5,000 a year (AED 11.64 per sqft).
  • Studios in Skycourt Towers C sold for AED 420,000–420,000 in the 12 months to November 2026; the building's median across all types is AED 680 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 5 November 2024.

Questions about 508, Skycourt Towers C

What did unit 508 last sell for?

AED 430,000 on 7 February 2017: AED 1,004 per sqft for 428 sqft. The unit has 3 registered sales; the first was AED 272,874 in September 2009.

What is the rent for unit 508?

AED 28,000 a year on the contract renewed on 5 November 2024. The previous contract, from November 2023, was AED 25,000; the unit has been rented since June 2012.

How big is unit 508?

428 sqft (39.8 sqm): a studio on the 5th floor of a 21-storey tower completed in 2011.

What is unit 508 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Skycourt Towers C sold for AED 420,000 to 420,000 in the last 12 months, around AED 898 per sqft.

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Mortgage on 508, Skycourt Towers C

Starts from the last sale price (AED 430K, 7 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 430,000
Deposit, UAE resident (20%)
AED 86,000
Deposit, non-resident (40%)
AED 172,000
Monthly over 25 years at 3.7%
AED 1,759

Plus AED 20,970 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →