Sky Bay Hotel
- Completed 2021
- 19 floors
- 6 lifts
- 108 parking bays
- 1 pool
A studio in Sky Bay Hotel costs a median AED 405,650.
Studio · typical price
405,650AED
AED 4,087/sqft · +4.6% on a year
- vs Business Bay
- 73% above the median
Cost to buy, all inAED 432,495
- Price
- AED 405,650
- DLD fee 4%
- AED 16,226
- Agent 2% + VAT
- AED 8,519
- Trustee
- AED 2,100
Is Sky Bay Hotel a good investment?Prices rising; lots of new supply is coming; no record of the yield and the rent trend
- Does it pay a good rent?No Ejari lease registered here in 12 months, so any yield quoted is an estimateNo record
- Are rents going up?No lease registered in 12 months, so no rent trend to readNo record
- Are prices going up?Studio: AED 3,907/sqft a year ago, 4,087 now+4.6%Strength
- How fast do fees pay back?AED 26,845 in fees to buy a studio: DLD 4%, agent 2% plus VAT, trusteeAED 26,845
- Can I sell easily?64 sales in 12 months (60 the year before)64
- Is a lot being built nearby?11,591 apartments are planned in Business Bay from 2026 to 2028, equal to 64% of the 18,176 homes let there today. A further 2,730 are past their planned date. Business Bay supply by year →64%Watch
- Did earlier buyers gain?Up 8% for buyers 5 years ago; up 7% for launch buyers, before fees+7.9%Context
Readings use published thresholds · studio figures, the most traded type · Data to 12 Oct 2026
Sky Bay Hotel prices and rents by unit typeA studio costs about AED 405,650
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
Studio · price per sqft · Business Bay · area median AED 2,363/sqft
- 12-month change
- +4.6%
- 3 years
- -2.9% · -1.0%/yr
- 5 years
- +11.3% · +2.2%/yr
- vs area median
- +73.0%
- Rank by price per sqft
- 2nd of 79
- Off-plan price gain, 2017–2023
- +11.0% · +1.8%/yr
Read with care
- No rental contracts are registered here yet, so there is no yield and the prices are launch pricing — a pre-handover building. Price growth from launch is not comparable with a let building's.
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Chart data, Studio: Sep 2017, AED 1,280,000; latest, Sep 2026, AED 396,325; peak, Aug 2020, AED 1,525,000.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 3,962 · before fees
- Launch, 2017–23
- 3,695
- +7%
- 135 sales
- 5 years ago
- 3,671
- +8%
- 68 sales
- 3 years ago
- 4,206
- −6%
- 79 sales
- Previous 12 months
- 3,907
- +1%
- 60 sales
- Last 12 months
- 3,962
- today
- 64 sales
The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.
64 resales in the last 12 months, against 72 a year on average over 2023–2025.
64 resales in the last 12 months.
* Far from the median for this bedroom type and window. Often a related-party transfer rather than a market sale — the Land Department files both identically.
Short-term rates around Sky Bay Hotel
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
Nightly rate through the yearNightly rate through the year
Comparables in Business Bay
Every Business Bay building with a page, ranked by price per sqft over the same 12 months, all unit types. Sky Bay Hotel places 8th of 150; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against Sky Bay Hotel (AED 3,962/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At studio, Sky Bay Hotel has registered sale prices 73% above the Business Bay median price per square foot of 2,363 AED, across 79 eligible buildings. It ranks 2nd of 79 by price per square foot in Business Bay.
Market context in Business Bay
Registered sales activity
2,705 ready apartment sales in the 12 months to 2026-10-12.
+5.4% in median AED/sqft versus the preceding year, supported by 2,705 current and 3,581 prior price observations.
Explore sales activityPlanned apartment projects
10,312 known registered units across 12 pending projects planned within one year of the 2026-07-06 register.
10 projects had already passed their planned date; 6 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
11,591 apartments are planned in Business Bay from 2026 to 2028, equal to 64% of the 18,176 homes let there today.
Ready prices per sqft fell in 50% of 131 buildings (counted once per bedroom type) in Business Bay with sales in both years; the typical one moved −0.1%.
The pooled median moved +5.4%: 5.5 points more than the typical building, because different buildings traded in each year.
New-lease rents fell in 79% of 124 buildings (counted once per bedroom type) with leases in both years; the typical one moved −5.6%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
About Sky Bay Hotel
Sky Bay Hotel is an apartment building completed in 2021 in Business Bay. 638 sales are registered with the Dubai Land Department.
The building, as registered
- Floors
- 19
- Lifts
- 6
- Parking bays
- 108
- Pools
- 1
Drive times · typical
- Downtown
- 14 min · 6.7 km
- DXB Airport
- 17 min · 17 km
- DIFC
- 12 min · 12 km
- Dubai Marina
- 20 min · 22 km
- Palm Jumeirah
- 26 min · 26 km
Nearest, as registered
- Metro
- Business Bay Metro Station
- Mall
- Dubai Mall
- Landmark
- Downtown Dubai
Sky Bay Hotel: AED 3,962 per sq ft, 94% above the median Business Bay building
The building's own figures against its area's registered market, last twelve months.
Price per sq ft
Median registered sale price, AED per sq ft, last 12 months
- Sky Bay HotelAED 3,962
- Business Bay, readyAED 1,869
- Business Bay, off-planAED 2,685
- Dubai, readyAED 1,421
Nearby in Business Bay
Prices per sq ft around Sky Bay Hotel, on the mapPrices per sq ft around Sky Bay Hotel, on the map
Peninsula Four
Business Bay · 215 sales, 12 months
2.04M
AED, resale median · 2,517/sqft
Al Habtoor Tower
Business Bay · 205 sales, 12 months
3.44M
AED, resale median · 2,733/sqft
Peninsula Three
Business Bay · 164 sales, 12 months
1.74M
AED, resale median · 2,656/sqft
Regalia By Deyaar
Business Bay · 105 sales, 12 months
1.28M
AED, resale median · 1,782/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · StudioOn record
- Rental evidence · StudioRead with care
- Service chargeNot on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.Not on record
- Project registerOn record
- Building recordOn record
- Costs not includedNot in the yield
Rent or buy
What owning a studio here costs against renting it, at stated assumptions you can change.
Monthly cost of owning against renting, with your own deposit and rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from Sky Bay Hotel’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer assumptions
The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.
- Monthly mortgage
- —
- 4.5% over 25 years
- Monthly rent
- —
- Cash needed at purchase
- —
Enter a price, a rent, a rate, a term and a horizon to model the comparison.
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Common questions
- What is the rental yield in Sky Bay Hotel?
- No gross yield is published for Sky Bay Hotel as of 2026-10-12: no rental contract is registered for it yet. In the last 12 months it had 57 registered sales and 0 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales. The Business Bay median is 6.8% gross.
- How much does a studio in Sky Bay Hotel cost?
- The median registered sale price is AED 405,650 (4,087 AED/sqft), from 57 Dubai Land Department sales in the last 12 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 12 months have a median of 4,087 AED/sqft, across 57 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.
- Have prices in Sky Bay Hotel risen or fallen?
- Median price per square foot moved +4.6% over the last 12 months against the 12 before it, on 57 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
- How do launch and resale median prices in Sky Bay Hotel compare?
- The resale median is +11.0% against the all-history launch median (launches 2017–2023), at Studio, from 327 launch sales and 57 ready resales in the trailing 12 months to 2026-10-12. These are unpaired transaction groups, before costs, not realised buyer returns.
For agents
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Sky Bay Hotel sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 57 registered sales in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
- Canonical record
- /sale/apartments/dubai/business-bay/sky-bay-hotel
Cite as: Dubai Wealth Index. “Sky Bay Hotel sale prices and yield.” Business Bay, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/business-bay/sky-bay-hotel
Stable dataJSON