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Studio · 428 sqftSkycourt Towers E, Dubailand Residence Complex · 12th floor · completed 2011

1204, Skycourt Towers E

Sold prices and rental history: sold once, by the developer in June 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1204 · DLD and Ejari recordsUpdated 15 May 2023
Last soldAED 142K23 June 2015
Current rentAED 26K /yr15 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1204, Skycourt Towers E

What is 1204 worth today?

Last sold for AED 141,685 in 2015

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15 May 2023RentedNew contract
AED 26,000/yr12 months · AED 61 per sqft
8 Sep 2020RentedNew contract
AED 22,000/yr12 months · AED 51 per sqft
8 Nov 2018RentedNew contract
AED 29,917/yr12 months · AED 69 per sqft
9 Nov 2017RentedNew contract
AED 37,000/yr12 months · AED 86 per sqft
23 Jun 2015Sold by developerReady
AED 141,685AED 331 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 May 2023.

Key facts

Type
Studio apartment
Size
428 sqft
Floor
12th of 21
Parking
P1 E 63
Developer
Sky Courts
Completed
2011
Service charge
AED 5,500 /yr
Last sold
AED 142K · June 2015
Building
Skycourt Towers E

About 1204, Skycourt Towers E

1204 is a studio of 428 sqft on the 12th floor of Skycourt Towers E, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. The developer sold it on 23 June 2015 for AED 141,685, or AED 331 per sqft, 58% below the AED 784 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 15 May 2023, is AED 26,000 a year: a gross yield of 18.4% on the 2015 price, before the service charge of about AED 5,500 a year.

Sales and rents for 1204 over time

Sales
Unit 1204, 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 480,241; 2021 AED 486,145; 2023 AED 275,000; 2024 AED 340,000; 2025 AED 362,487Sold by developer, June 2015: AED 141,685 (AED 331 per sqft)

1204 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1204, each contractTypical studio in Skycourt Towers E
20K40K2012201620202024Typical rent by year: 2012 AED 24,493; 2013 AED 23,995; 2014 AED 39,053; 2015 AED 40,000; 2016 AED 39,000; 2017 AED 36,000; 2018 AED 33,500; 2019 AED 27,000; 2020 AED 21,750; 2021 AED 18,000; 2022 AED 21,000; 2023 AED 26,000; 2024 AED 32,000; 2025 AED 38,000; 2026 AED 42,000New contract, November 2017: AED 37,000 a yearNew contract, November 2018: AED 29,917 a yearNew contract, September 2020: AED 22,000 a yearNew contract, May 2023: AED 26,000 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 1204 sits

All 88 studios →

1204 last sold in June 2015 at AED 331 per sqft, 58% below what studios in Skycourt Towers E were fetching at the time (AED 784). Over the last 12 months studios sold for AED 375,000 to 430,000, around AED 914 per sqft, and rent for AED 30,000 to 91,800 a year. 1204's AED 26,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
13 Feb 2026420,000
25 Dec 2025430,000
16 Jul 2025331,998
4 Jun 2025395,000
4 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. 22 sold in the last 12 months.

Typical price per sqft
AED 706 Up 5.7%
Typical sale
AED 665K
Typical rent
AED 53K /yr
Typical yield
9.1%
Skycourt Towers E, Dubailand Residence Complex: prices, sales and rents →

Other units on the 12th floor

All 387 units in Skycourt Towers E
Value
12012-bedAED 580K · May 2023
12022-bedAED 810K · Oct 2017
12032-bedAED 744K · May 2025
1205StudioAED 375K · Mar 2025
1206StudioAED 350K · Jan 2025
12072-bedAED 755K · Apr 2024
12082-bedAED 555K · Oct 2009
1–7 of 19

1204, Skycourt Towers E in numbers

  • Sold once: by Sky Courts on 23 June 2015 for AED 141,685, or AED 331 per sqft.
  • Rented since November 2017 on 4 Ejari contracts. The rent fell from AED 37,000 to AED 22,000 in 2020 and recovered to AED 26,000 by May 2023.
  • At AED 26,000 a year the gross yield on the 2015 price is 18.4%, before a service charge of about AED 5,500 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 706 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 15 May 2023.

Questions about 1204, Skycourt Towers E

What did unit 1204 last sell for?

AED 141,685 on 23 June 2015, sold by the developer: AED 331 per sqft for 428 sqft. It is the only registered sale of the unit.

What is the rent for unit 1204?

AED 26,000 a year on the contract signed on 15 May 2023. The previous contract, from September 2020, was AED 22,000; the unit has been rented since November 2017.

How big is unit 1204?

428 sqft (39.8 sqm): a studio on the 12th floor of a 21-storey tower completed in 2011.

What is unit 1204 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 914 per sqft.

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Mortgage on 1204, Skycourt Towers E

Starts from the last sale price (AED 142K, 23 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 141,685
Deposit, UAE resident (20%)
AED 28,337
Deposit, non-resident (40%)
AED 56,674
Monthly over 25 years at 3.7%
AED 580

Plus AED 8,860 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →