Sky Courts in Wadi Al Safa 5 - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Sky Courts

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
Studio	41	8,282	340,000
1	78	6,473	507,059
2	108	6,930	751,667

Rents in Sky Courts

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
Studio	43	679	29,067
1	74	634	47,100
2	115	613	70,650

The cap rate (rental yield) of investments into Sky Courts project is 9.3% on average.

The price of an apartment in Sky Courts is 6,798 AED/sqm on average.

Price for completed Studio apartment in Sky Courts is 340,000 AED or 8,282 AED/sqm.
Price for completed 1 bedroom apartment in Sky Courts is 507,059 AED or 6,473 AED/sqm.
Price for completed 2 bedroom apartment in Sky Courts is 751,667 AED or 6,930 AED/sqm.

Rent in Sky Courts is 6,930 AED/sqm/year on average for long term rent of an apartment.

Rent for Studio apartment in Sky Courts is 29,067 AED or 679 AED/sqm.
Rent for 1 bedroom apartment in Sky Courts is 47,100 AED or 634 AED/sqm.
Rent for 2 bedroom apartment in Sky Courts is 70,650 AED or 613 AED/sqm.

About Sky Courts

'Sky Courts' in 'Wadi Al Safa 5' area project description

Sky Courts is a residential development project located in the Dubailand area of Dubai, UAE. The project is developed by Dubai Properties, a leading real estate developer in the UAE. The project consists of six towers, each of which is 20-storeys high, and offers a total of 1,636 residential units.

The towers are designed to provide a luxurious living experience, with each unit featuring spacious living areas, modern amenities, and spectacular views of the surrounding area. The project also includes a range of amenities such as a swimming pool, gym, sauna, and a retail area.

The project is located close to major attractions such as the Dubai Miracle Garden, Global Village, and the Dubai Autodrome. It is also close to the Dubai International Airport, making it an ideal location for those who travel frequently.

Sky Courts offers a range of payment plans, including cash payments, mortgage payments, and rent-to-own options. The project also offers a range of financing options, including conventional bank loans, Islamic financing, and government-backed loans.

The project is designed to provide a safe and secure living environment, with 24-hour security, CCTV surveillance, and access control systems. The project also features a range of recreational facilities, including a basketball court, tennis court, and a children’s playground.

Sky Courts is an ideal residential development project for those looking for a luxurious lifestyle in the heart of Dubai. The project offers a range of amenities and features, making it an attractive option for those looking for a modern and comfortable living experience.

Q&A on Sky Courts

What are the advantages of 'Sky Courts' project in Dubai for property buyers? What are the disadvantages?

1. Affordable Prices: Sky Courts offers a wide range of affordable properties, making it an attractive option for real estate buyers.

2. Quality Construction: Sky Courts is known for its high-quality construction and materials, ensuring that buyers get a quality product.

3. Convenient Location: Sky Courts is located in a prime location in Dubai, making it easy for buyers to access the city’s amenities and attractions.

4. Amenities: Sky Courts offers a range of amenities, such as swimming pools, fitness centers, and playgrounds, making it a great option for families.

5. Security: Sky Courts is a secure and gated community, providing buyers with peace of mind.

6. Investment Potential: Sky Courts is a popular choice for investors, as it offers the potential for capital appreciation.

What projects are better than 'Sky Courts' project in Dubai which are located close by, and why?

- Dubai Silicon Oasis (DSO) Developments
- Cedre Villas: Offers a blend of modern design and lush landscaping. It features a tech-friendly environment, recreational facilities, and proximity to educational institutions.
- Silicon Gates: Known for its affordable pricing with a good range of amenities like swimming pools, gyms, and retail outlets. Conveniently located near major highways.

- Liwan
- Queue Point: Highly accessible to major roads, featuring affordable apartments with spacious layouts. It includes a mix of retail spaces and community parks.
- Mazaya 1: This project offers well-designed apartments with a focus on family living. Proximity to shops, schools, and parks creates a well-rounded living experience.

- Majan
- Sherena Residence: Provides high-quality finishes and spacious apartments. Notable for its close-knit community feel and a variety of amenities including a swimming pool, gym, and retail spaces.
- Madison Residences: Features modern apartments with good finishing quality. It’s known for retail outlets at the street level, promoting a convenient urban lifestyle.

- Midtown by DEYAAR
- Afnan District: Offers contemporary designs with expansive layouts. The project includes multiple swimming pools, sports facilities, and excellent retail and dining options within the community.
- Dania District: Similar benefits to Afnan with added emphasis on family-friendly facilities and open spaces, promoting a balanced lifestyle.

- Dubailand
- Rukan Lofts: Features spacious townhouses with a modern design. Known for its extensive landscaping, parks, and community facilities aimed at a luxurious yet affordable lifestyle.
- Living Legends: Combines luxury villas with high-end apartments. Significant for its golf course, schools, and shopping outlets within the community, promoting an all-in-one living solution.

These projects generally offer better amenities, modern designs, and accessibility compared to Sky Courts, making them attractive alternatives for potential investors and residents.