Home
Dubai prices
About
Research
Studio · 428 sqftSkycourt Towers E, Dubailand Residence Complex · 5th floor · completed 2011

506, Skycourt Towers E

Sold prices and rental history: sold twice, last in September 2011, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 1 March 2022
Last soldAED 273K11 September 2011
Current rentAED 20K /yr1 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 506

Property timeline for 506, Skycourt Towers E

What is 506 worth today?

Last sold for AED 272,874 in 2011

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Mar 2022RentedNew contract
AED 20,000/yr12 months · AED 46 per sqft
18 Dec 2018RentedNew contract
AED 27,000/yr12 months · AED 63 per sqft
11 Sep 2011SoldReady
AED 272,874AED 637 per sqft
14 Sep 2009Sold by developerOff-plan
AED 272,874AED 637 per sqft

Source: Dubai Land Department. Updated 1 March 2022.

Key facts

Type
Studio apartment
Size
428 sqft
Floor
5th of 21
Parking
P2 E 83
Developer
Sky Courts
Completed
2011
Service charge
AED 5,500 /yr
Last sold
AED 273K · September 2011
Building
Skycourt Towers E

About 506, Skycourt Towers E

506 is a studio of 428 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 11 September 2011 for AED 272,874, or AED 637 per sqft, 3% below the AED 659 studios in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 1 March 2022, is AED 20,000 a year: a gross yield of 7.3% on the 2011 price, before the service charge of about AED 5,500 a year.

Sales and rents for 506 over time

Sales
Unit 506, 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, September 2009: AED 272,874 (AED 637 per sqft)Sold, September 2011: AED 272,874 (AED 637 per sqft)

506 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 506, 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, December 2018: AED 27,000 a yearNew contract, March 2022: AED 20,000 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 506 sits

All 88 studios →

506 last sold in September 2011 at AED 637 per sqft, 3% below what studios in Skycourt Towers E were fetching at the time (AED 659). 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. 506's AED 20,000 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. 23 sold in the last 12 months.

Typical price per sqft
AED 706 Up 6.1%
Typical sale
AED 595K
Typical rent
AED 53K /yr
Typical yield
9.1%
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
5072-bedAED 836K · Nov 2023
5082-bedAED 420K · Sep 2011
1–7 of 19

506, Skycourt Towers E in numbers

  • Sold twice: first on 14 September 2009 for AED 272,874, last on 11 September 2011 for AED 272,874 (AED 637 per sqft).
  • Rented since December 2018 on 2 Ejari contracts, from AED 27,000 to AED 20,000 a year.
  • At AED 20,000 a year the gross yield on the 2011 price is 7.3%, 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: Dubai Land Department. Updated 1 March 2022.

Questions about 506, Skycourt Towers E

What did unit 506 last sell for?

AED 272,874 on 11 September 2011: AED 637 per sqft for 428 sqft. The unit has 2 registered sales; the first was AED 272,874 in September 2009.

What is the rent for unit 506?

AED 20,000 a year on the contract signed on 1 March 2022. The previous contract, from December 2018, was AED 27,000.

How big is unit 506?

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

What is unit 506 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.

Selling 506? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 506, Skycourt Towers E

Starts from the last sale price (AED 273K, 11 September 2011). Switch to today's estimate once you have unlocked it.
Price
AED 272,874
Deposit, UAE resident (20%)
AED 54,575
Deposit, non-resident (40%)
AED 109,150
Monthly over 25 years at 3.7%
AED 1,116

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