Sky View Tower
- Completed 2011
- 189 units
- 27 floors
A 3 bed in Sky View Tower costs a median AED 3.54M, rents long-let for AED 165,000/yr (4.7% gross), and returns 6.8% short-term at the assumed 70% occupancy.
3 bed · typical price
3.54MAED
AED 1,743/sqft · +19.3% on a year
- Rent a year
- AED 165,000
- Gross yield
- 4.7%
- vs Dubai Marina
- 7% below the median
Cost to buy, all inAED 3.77M
- Price
- AED 3.54M
- DLD fee 4%
- AED 141,800
- Agent 2% + VAT
- AED 74,445
- Trustee
- AED 4,200
Fees repaid by rent16 months
Is Sky View Tower a good investment?Prices rising and little new supply nearby; the rent pays below the Dubai median and rents are slipping
- Does it pay a good rent?4.7% gross, before the service charge (not on file) (Dubai median 6.8%)4.7%Watch
- Is it easy to let?40% of units signed a yearly lease in 12 months; the typical Dubai Marina building manages 39%40%Fair
Dubai Marina median 39% · top tenth from 63%Sky View Tower · 40% Across 43 Dubai Marina buildings with 40 or more units, the median signed annual leases on 39% of units in 12 months and the top tenth on 63% or more; Sky View Tower is at 40%.
- Are rents going up?New 3 bed leases: AED 200,000 a year ago, AED 165,000 now-17.5%Watch
- Are prices going up?3 bed: AED 1,461/sqft a year ago, 1,743 now+19.3%Strength
- How fast do fees pay back?AED 220,445 in fees to buy a 3 bed; rent covers it in 1.3 years1.3 yrs
- Can I sell easily?18 sales in 12 months, 10% of the tower (22 the year before)18Fair
- Is a lot being built nearby?2,685 apartments are planned in Dubai Marina from 2026 to 2028, equal to 19% of the 14,287 homes let there today. A further 693 are past their planned date. Dubai Marina supply by year →19%Strength
- Did earlier buyers gain?Up 88% for buyers 5 years ago; up 31% for launch buyers, before fees+88.3%Context
Readings use published thresholds · 3 bed figures, the most traded type · Data to 12 Oct 2026
Sky View Tower prices and rents by unit typeA three-bed costs about AED 3.54M and rents for about AED 165,000 a year
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
3 bed · price per sqft · Dubai Marina · area median AED 1,871/sqft
- 12-month change
- +19.3%
- 3 years
- +34.3% · +10.3%/yr
- 5 years
- +101.7% · +15.1%/yr
- vs area median
- -6.8%
- Rank by price per sqft
- 25th of 44
- Off-plan price gain, 2010–2018
- +25.2% · +1.9%/yr
Rental income
3 bed · Dubai Marina
- Gross yield
- 4.7%
- Median new rent
- AED 165,000/yr
- Yield vs area median
- -0.6 pts
- Yield vs Dubai (6.8%)
- -2.1 pts
- Yield rank
- 19th of 22
- Renewal rent
- AED 200,000/yr
- New tenants pay vs sitting (7 renewals)
- -17.5%
Short-term income
3 bed · 70% occupancy · 7-night stays · within 500 m
- Median nightly rate
- AED 1,267
- Net revenue
- AED 239,430/yr
- vs long-let rent
- 1.5×
- Listings seen
- 9+
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Sale price, AED (right axis) Rent on new leases, AED a year (left axis)
Chart data, 3 bed: Jun 2010, AED 2,510,246; latest, Jun 2026, AED 2,600,000; peak, Feb 2012, AED 4,885,343. Rent on new leases: Apr 2013, AED 222,250 a year; latest, Oct 2026, AED 197,500.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 1,634 · before fees
- Launch, 2010–18
- 1,248
- +31%
- 108 sales
- 5 years ago
- 867
- +88%
- 15 sales
- 3 years ago
- 1,298
- +26%
- 27 sales
- Previous 12 months
- 1,442
- +13%
- 22 sales
- Last 12 months
- 1,634
- today
- 18 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.
18 resales in the last 12 months, against 26 a year on average over 2023–2025.
18 resales in the last 12 months.
Short-term rates around Sky View Tower
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.
Nightly rate through the yearNightly rate through the year
Comparables in Dubai Marina
Every Dubai Marina building with a page, ranked by price per sqft over the same 12 months, all unit types. Sky View Tower places 83rd of 134; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against Sky View Tower (AED 1,634/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At 3 bed, Sky View Tower has registered sale prices 7% below the Dubai Marina median price per square foot of 1,871 AED, across 44 eligible buildings. It ranks 25th of 44 by price per square foot and 19th of 22 by gross yield in Dubai Marina.
Market context in Dubai Marina
Registered sales activity
2,029 ready apartment sales in the 12 months to 2026-10-12.
+14.7% in median AED/sqft versus the preceding year, supported by 2,029 current and 2,897 prior price observations.
Explore sales activityPlanned apartment projects
2,006 known registered units across 4 pending projects planned within one year of the 2026-07-06 register.
4 projects had already passed their planned date; 3 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
2,685 apartments are planned in Dubai Marina from 2026 to 2028, equal to 19% of the 14,287 homes let there today.
Ready prices per sqft fell in 37% of 122 buildings (counted once per bedroom type) in Dubai Marina with sales in both years; the typical one moved +2.4%.
The pooled median moved +14.7%: 12.4 points more than the typical building, because different buildings traded in each year.
New-lease rents fell in 88% of 84 buildings (counted once per bedroom type) with leases in both years; the typical one moved −8.3%.
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 View Tower
Sky View Tower is an apartment building completed in 2011 in Dubai Marina with 189 registered units. 200 sales are registered with the Dubai Land Department.
The building, as registered
- Floors
- 27
Drive times · typical
- Downtown
- 22 min · 22 km
- DXB Airport
- 27 min · 36 km
- DIFC
- 19 min · 25 km
- Dubai Marina
- 6 min · 1.4 km
- Palm Jumeirah
- 18 min · 13 km
Nearest, as registered
- Metro
- Dubai Marina
- Mall
- Marina Mall
- Landmark
- Burj Al Arab
Sky View Tower: AED 1,634 per sq ft, 14% below the median Dubai Marina building, and a 6.7% gross yield, above the area's median 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 View TowerAED 1,634
- Dubai Marina, readyAED 2,011
- Dubai Marina, off-planAED 3,049
- Dubai, readyAED 1,421
Gross yield against the area's buildings
Axis: gross yield, % of price
Sky View TowerDubai Marina median building
- Dubai Marina6.7% vs 5.4%
Nearby in Dubai Marina
Prices per sq ft around Sky View Tower, on the mapPrices per sq ft around Sky View Tower, on the map
Torch Tower
Dubai Marina · 44 sales, 12 months
1.82M
AED, resale median · 1,488/sqft
DAMAC Heights
Dubai Marina · 44 sales, 12 months
2.86M
AED, resale median · 2,048/sqft
Elite Residence
Dubai Marina · 43 sales, 12 months
1.80M
AED, resale median · 1,406/sqft
LIV Marina
Dubai Marina · 41 sales, 12 months
3.00M
AED, resale median · 3,304/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 · 3 bedOn record
- Rental evidence · 3 bedOn record
- 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
- Short-term assumptionRead with care
- Building recordOn record
- Costs not includedNot in the yield
Rent or buy
What owning a 3 bed 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 View Tower’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
- 15,763AED
- 4.5% over 25 years
- Monthly rent
- 13,750AED
- AED 165,000 a year
- Cash needed at purchase
- 967,895AED
- 20% down plus AED 258,895 in fees
Owning costs AED 498,088 less than renting over 5 years, once the sale is counted.
Buying overtakes renting in year 3.
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Common questions
- What is the rental yield in Sky View Tower?
- Sky View Tower returns 4.7% gross: a median new-contract rent of AED 165,000 a year (12 Ejari contracts in 12 months) over a price benchmark of AED 3.54M (median of 6 sales in the last 12 months, latest Jun 2026), before service charge, agency fees or vacant months.
- How much does a 3 bedroom in Sky View Tower cost?
- The median registered sale price is AED 3.54M (1,743 AED/sqft), from 6 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
- What are apartments in Sky View Tower selling for right now?
- Registered sales of ready units in Sky View Tower over the last 12 months have a median of 1,743 AED/sqft, across 6 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 View Tower risen or fallen?
- Median price per square foot moved +19.3% over the last 12 months against the 12 before it, on 6 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
- How does Sky View Tower compare with Dubai Marina?
- Its 4.7% gross yield sits -0.6 pts against the Dubai Marina median of 5.2%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.
For agents
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Sky View Tower sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 6 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/dubai-marina/sky-view-tower
Cite as: Dubai Wealth Index. “Sky View Tower sale prices and yield.” Dubai Marina, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/dubai-marina/sky-view-tower
Stable dataJSON