Sobha SkyParks

1. Is it on schedule?0% built in November 2026 against a December 2032 handover: 100% left to build in 73 months · DLD project register, Nov 20260%Context
2. Is my money protected?Payments go to an escrow account at مصرف ابوظبى الاسلامى, as registered with the Land DepartmentEscrowContext
3. Is the price fair?AED 4,250/sqft, 57.0% above the Business Bay off-plan median across 48 projects+57.0%Context
4. Is it selling?83 off-plan sales registered in the last 12 months, of 684 units; the latest on 9 Mar 202683Context
5. Who is building it?Sobha, licence no. 966; 0 of its 15 dated pending projects are past their registered dates0%Context

Sizes run from the 10th to the 90th percentile of registered floor area, so one mislabelled unit cannot set the range. A title is issued at handover: a pending project shows few or none however many units have sold, and an untitled unit is not necessarily for sale.

Escrow agent

مصرف ابوظبى الاسلامى

Developer, as licensed

SOBHA L.L.C (no. 966)

Master developer

Sobha

Registered start

April 2026

Configuration

Proposed Residential Development consisting of 5 Basement + Ground + 11 Podiums + 98 Floors + Roof

Construction progress is the percentage DLD recorded in its project register as of November 2026, the latest DLD record for this project; the register lags DLD’s inspections by months, so it is dated separately. The developer is the company licensed to build it, by the register’s own licence number; the master developer owns the land under it and is often another company entirely. Off-plan price is the median of registered off-plan sales across this project’s published buildings, 12 months to 2 Nov 2026.

When is Sobha SkyParks handed over?

The developer registered handover for December 2032, 73 months after DLD’s latest record, and the project was 0% built as of November 2026. A registered date is the developer’s own, not a delivery forecast. Dubai Land Department project register as of November 2026.

How far along is construction of Sobha SkyParks?

Sobha SkyParks was 0% built as of November 2026, the Land Department’s recorded progress, not a developer claim. Dubai Land Department project register as of November 2026.

Who is the developer of Sobha SkyParks?

SOBHA L.L.C, licence no. 966, by the register’s own licence number; the master developer that owns the land is Sobha. Dubai Land Department project register as of November 2026.

What does Sobha SkyParks cost per square foot?

AED 4,250 per sqft, the median of 83 registered off-plan sales in the 12 months to 2 Nov 2026; the median unit sold for AED 3.61M. That is 57.0% above the Business Bay off-plan median across 48 projects.

Is Sobha SkyParks in escrow?

Yes: the Land Department register names مصرف ابوظبى الاسلامى as the project’s escrow agent, the bank that holds buyers’ payments for the developer. Dubai Land Department project register as of November 2026.

How many units does Sobha SkyParks have?

684 registered units, of which 0 have a title issued. A title is issued at handover, so a live project shows few or none however many units have sold. Dubai Land Department project register as of November 2026.