SKY COURTS
MatureDeveloperSKY COURTS (L.L.C)
CommunityDubai Land Residence Complex
AreaWadi Al Safa 5
Started
18 years 3 months ago15-10-2007
Handover
14 years 11 months ago21-02-2011
Status
CompleteFinished
Performance Alpha
Sales Performance
Market Sales: Last 90Dvs Last 12M Baseline
Rising+4%Growth
Current:AED 741/sqft
Last 12M:AED 715/sqft
Momentum: Last 12Mvs Prior Year
Rising+16%Growth
Last 12M:AED 715/sqft
Prior Year:AED 619/sqft
Community Compare: Last 90DDubai Land Residence Complex
Discount-47%Below Avg
Project:AED 698/sqft
Community:AED 1,315/sqft
Liquidity: Last 12MExit Speed
Moderate10%Turnover
299Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 723/sqft
Range:AED 202 – AED 5K
Avg Unit:AED 53K/yr
Leasing Volume: L12MContracts Signed
Very Active1,605Total
New:786
Renew:819
Tenant RetentionRenewal Rate
Good51%renewals
49% new tenants51% renewals
Gross YieldAnnual Return
High Yield97.6%Yield
Rent:AED 723/sqft
Price:AED 741/sqft
Supply & Demand Matrix
SKY COURTS averaged 10% liquidity over the last 12 months, which is considered moderate. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.
Type
Absorption (L12M)
Velocity
Studio
655 units
58 sold597 left
9%
Velocity
1 Bedroom
1,022 units
115 sold907 left
11%
Velocity
2 Bedrooms
1,159 units
126 sold1033 left
11%
Velocity
Shop
23 units
0 sold23 left
0%
Velocity
Layouts & Units (2,859)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatPodium + Floors 1-21 | Inventory 466units 20 layouts · Typically 1 parking 16-35 sqm balcony | Size Range 353-1,139sqft | Price Range AED 197K - AED 548K | Avg PSF 671 | Sales 221 | Trend — | |
Asset Class 1 Bed FlatPodium + Floors 1-21 | Inventory 721units 9 layouts · Typically 1 parking 5-36 sqm balcony | Size Range 352-1,704sqft | Price Range AED 180K - AED 772K | Avg PSF 545 | Sales 413 | Trend — | |
Asset Class 2 Bed FlatPodium + Floors 1-21 | Inventory 800units 36 layouts · Typically 1 parking 5-106 sqm balcony | Size Range 531-2,201sqft | Price Range AED 200K - AED 1.2M | Avg PSF 549 | Sales 437 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 353-843sqft | Price Range — | Avg PSF 1,189 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 13units 13 layouts · Typically 1.2 parking | Size Range 416-7,009sqft | Price Range — | Avg PSF — | Sales 0 | Trend — |
Grouped into 5 asset classes covering 2,859 units