How much does a studio in Sky Bay Hotel cost?

The median registered sale price is AED 405,000 (3,942 AED/sqft), from 122 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.

What are apartments in Sky Bay Hotel selling for right now?

Registered sales of ready units in Sky Bay Hotel over the last 3 months have a median of 4,233 AED/sqft, across 11 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.

Have prices in Sky Bay Hotel risen or fallen?

Median price per square foot moved +5.3% over the last 12 months against the 12 before it, on 122 registered sales. On a sample this size, read the direction rather than the exact figure.

Did off-plan buyers in Sky Bay Hotel make money?

Units bought off-plan between 2017 and 2023 later resold -70.5% against their launch median. Only units that actually resold can appear, so this figure skews toward the ones that performed.

How many apartments change hands in Sky Bay Hotel?

122 sales were registered with the Dubai Land Department in the last 24 months. Every median on this page rests on those counts.

Sky Bay Hotel — sale prices & yield

Buy: 405,000AED; AED 4,233/sqft

Price per sqft: Median of 11 registered sales of ready units in the last 3 months, most recent August 2026.

AED/yr/sqft: —
Sales: 122
Rental contracts: 0
Short-let listings seen: —

12 months: +5.3%
3 years: -2.3%-0.8%/yr
5 years: +12.0%+2.3%/yr

Based on 122 sales and 0 rental contracts in the last 24 months.

Sky Bay Hotel is an apartment building in Business Bay, Dubai. The closest metro station is Business Bay Metro Station, the nearest mall Dubai Mall and the nearest landmark Downtown Dubai. Land Department records for it run from 2017 to 2026, 1,276 registered sales in all — the 122 in the last 24 months are what every median above is computed from.

Price history

Every recorded sale in Sky Bay Hotel, by year.

Monthly median AED per sqft, smoothed over three months. The band along the bottom is the number of records each month.

Yield by bedroom type

Type	Median price	AED/sqft	Yield	12mo	Sales
Studio	AED 405,000	3942	—	+5.3%	122
1 bed	AED 405,325	1673	—	-7.2%	10

Deltas compare each yield with the Business Bay median for the same unit type. How these yields are computed

How these yields are computed

Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Short-let rates around Sky Bay Hotel

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured

Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.

Type	Nightly (AED)	AED/night/sqft	Net revenue at 80%	Long-let rent	Uplift	Short-let yield	Listings seen
1 bed	517	2.13	AED 123,376	—	—	30.44%	4+

Nightly rate per sqft through the year

Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts

Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing.

Off-plan vs resale

Units sold off-plan in Sky Bay Hotel between 2017 and 2023 went for a median of AED 3,671/sqft (AED 1.38M). The same building resells today at AED 3,907/sqft (AED 405,000) — an uplift of -70.5%.

Based on 343 off-plan sales across the building's full history.

Why this uses the full history

This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

64 resales in the last 12 months, against 73 a year on average over 2023–2025.

Sales

Date	Type	Sqft	Price	AED/sqft
12 Aug 2026	Studio	88	AED 369,000	4,211
12 Aug 2026	Studio	123	AED 405,000	3,295
30 Jul 2026	1 bed	237	AED 405,000	1,710
20 Jul 2026	Studio	87	AED 370,000	4,233
16 Jul 2026	Studio	101	AED 491,650	4,880
9 Jul 2026	Studio	94	AED 400,000	4,252
6 Jul 2026	Studio	174	AED 768,350	4,404
26 Jun 2026	Studio	88	AED 475,000	5,421
26 Jun 2026	Studio	87	AED 442,300	5,067
17 Jun 2026	Studio	123	AED 405,000	3,280
4 Jun 2026	Studio	356	AED 1,471,650	4,138
3 Jun 2026	Studio	104	AED 405,650	3,889

12 resales in the last 3 months.

Rental contracts

Nothing registered in the last 3 months. Try a wider window.

As registered

The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

Floors: 19
Lifts: 6
Parking bays: 108
Swimming pools: 1

Nearby

Metro: Business Bay Metro Station
Mall: Dubai Mall
Landmark: Downtown Dubai

Compare with nearby buildings

The most-traded buildings in Business Bay, on the same figures over the same window.

Common questions

How much does a studio in Sky Bay Hotel cost?: The median registered sale price is AED 405,000 (3,942 AED/sqft), from 122 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Sky Bay Hotel selling for right now?: Registered sales of ready units in Sky Bay Hotel over the last 3 months have a median of 4,233 AED/sqft, across 11 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in Sky Bay Hotel risen or fallen?: Median price per square foot moved +5.3% over the last 12 months against the 12 before it, on 122 registered sales. On a sample this size, read the direction rather than the exact figure.
Did off-plan buyers in Sky Bay Hotel make money?: Units bought off-plan between 2017 and 2023 later resold -70.5% against their launch median. Only units that actually resold can appear, so this figure skews toward the ones that performed.
How many apartments change hands in Sky Bay Hotel?: 122 sales were registered with the Dubai Land Department in the last 24 months. Every median on this page rests on those counts.

Sky Bay Hotel