Unit 407, Skyhills Residences 2: what it sold for and what it is worth now

Unit 407 at Skyhills Residences 2 is a 1 bed of 851 sq ft. It last sold for AED 1,302,376 on 6 Aug 2025. At AED 1,770 per sq ft, from 26 sales of units ending 07 (same position in the tower), it is worth about AED 1,506,000 today.

Value todayAED 1,506,000AED 1,409,000 to AED 1,544,000
Last saleAED 1,302,3766 Aug 2025 · Off-plan
Change since last sale+15.6%Building trend alone: AED 1,226,989
Rent (median asking, 1 bed)AED 92,500Gross yield 6.1%
Bedrooms1 bed
Size851 sq ft
Floor4 (from the unit number)
Position in the towerStack 07: units ending 07 share the same layout and view
BuildingSkyhills Residences 2 by HRE Real Estate Development, handed over 2026
Registered sales of this unit1

Every registered sale of unit 407

DatePriceSizeAED/sq ftType
6 Aug 2025AED 1,302,376851 sq ft1,530Off-plan

Units ending 07 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
210725 Jun 2026AED 734,656415 sq ft1,770Off-plan
100727 Oct 2025AED 715,148415 sq ft1,723Off-plan
28072 Oct 2025AED 775,000415 sq ft1,867Off-plan
15071 Oct 2025AED 742,127415 sq ft1,788Off-plan
13071 Oct 2025AED 711,413415 sq ft1,714Off-plan
80719 Sep 2025AED 734,241415 sq ft1,769Off-plan
10718 Sep 2025AED 1,330,878938 sq ft1,419Off-plan
24078 Aug 2025AED 780,728415 sq ft1,881Off-plan

Latest 1 bed sales in Skyhills Residences 2

UnitDatePriceSizeAED/sq ftType
271016 Oct 2026AED 1,596,5581,068 sq ft1,495Off-plan
20324 Sep 2026AED 1,219,349837 sq ft1,457Off-plan
19081 Sep 2026AED 1,154,362719 sq ft1,606Off-plan
100219 Aug 2026AED 1,282,592858 sq ft1,495Off-plan
20613 Aug 2026AED 1,320,829906 sq ft1,458Off-plan
251019 Jun 2026AED 1,279,0871,068 sq ft1,198Off-plan
191918 Jun 2026AED 1,275,330801 sq ft1,592Off-plan
221013 Jun 2026AED 1,549,3081,068 sq ft1,451Off-plan

How we worked out the value

We took the 26 resale sales of units ending 07 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,770). We multiplied it by the size of this unit (851 sq ft). The range uses the middle half of those sales (AED 1,655 to AED 1,814 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,226,989. Floor, view, condition and upgrades can move the price either way. Sales data to 16 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 407 at Skyhills Residences 2 worth?

About AED 1,506,000 (range AED 1,409,000 to AED 1,544,000), based on AED 1,770 per sq ft from registered sales up to 16 Oct 2026.

When did unit 407 last sell?

6 Aug 2025, for AED 1,302,376 (off-plan). It has 1 registered sale.

What rent can unit 407 make?

A 1 bed in Skyhills Residences 2 rents for about AED 92,500 a year (median asking rent). That is a gross yield of 6.1% on the estimate.

Sales alert for Skyhills Residences 2All sales in Skyhills Residences 2

Unit 406 · Unit 408