Skyhills Residences - 2
- Cancelled 2023
- Master developer Hre
A 1 bed in Skyhills Residences - 2 costs a median AED 1.03M and rents long-let for AED 79,000/yr (7.7% gross).
1 bed · typical price
1.03MAED
AED 1,418/sqft · +6.0% on a year
- Rent a year
- AED 79,000
- Gross yield
- 7.7%
- vs Dubai Science Park
- 7% below the median
Cost to buy, all inAED 1.10M
- Price
- AED 1.03M
- DLD fee 4%
- AED 41,188
- Agent 2% + VAT
- AED 21,624
- Trustee
- AED 4,200
Fees repaid by rent10 months
Is Skyhills Residences - 2 a good investment?Prices rising; lots of new supply is coming; no record of the rent trend
- Does it pay a good rent?7.7% gross, before the service charge (not on file) (Dubai median 6.8%)7.7%Fair
- Are rents going up?Too few new leases on both sides of the year to measure a changeNo record
- Are prices going up?1 bed: AED 1,338/sqft a year ago, 1,418 now+6.0%Strength
- How fast do fees pay back?AED 67,012 in fees to buy a 1 bed; rent covers it in 0.8 years0.8 yrs
- Can I sell easily?25 sales in 12 months (61 the year before)25
- Is a lot being built nearby?4,059 apartments are planned in Dubai Science Park from 2026 to 2028, equal to 3.1 times the 1,302 homes let there today. A further 1,954 are past their planned date. Dubai Science Park supply by year →312%Watch
- Did earlier buyers gain?Up 5% for launch buyers, before fees+5.5%Context
Readings use published thresholds · 1 bed figures, the most traded type · Data to 12 Oct 2026
Skyhills Residences - 2 prices and rents by unit typeA one-bed costs about AED 1.03M and rents for about AED 79,000 a year
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
1 bed · price per sqft · Dubai Science Park · area median AED 1,522/sqft
- 12-month change
- +6.0%
Rental income
1 bed · Dubai Science Park
- Gross yield
- 7.7%
- Median new rent
- AED 79,000/yr
- Yield vs area median
- +0.3 pts
- Yield vs Dubai (6.8%)
- +0.9 pts
Read with care
- Rental data covers the whole Skyhills I by HRE project, not this tower alone.
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Chart data, 1 bed: Apr 2024, AED 953,915; latest, Oct 2026, AED 975,000; peak, Nov 2025, AED 1,271,777.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 1,450 · before fees
- Launch, 2024–26
- 1,374
- +5%
- 475 sales
- Previous 12 months
- 1,371
- +6%
- 61 sales
- Last 12 months
- 1,450
- today
- 25 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.
5 resales in the last 12 months, against 245 a year on average over 2024–2025.
5 resales in the last 12 months.
Comparables in Dubai Science Park
Every Dubai Science Park building with a page, ranked by price per sqft over the same 12 months, all unit types. Skyhills Residences - 2 places 15th of 22; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against Skyhills Residences - 2 (AED 1,450/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At 1 bed, Skyhills Residences - 2 has registered sale prices 7% below the Dubai Science Park median price per square foot of 1,522 AED, across 22 eligible buildings. It ranks 16th of 22 by price per square foot in Dubai Science Park.
Market context in Dubai Science Park
Registered sales activity
177 ready apartment sales in the 12 months to 2026-10-12.
-6.0% in median AED/sqft versus the preceding year, supported by 177 current and 224 prior price observations.
Explore sales activityPlanned apartment projects
1,541 known registered units across 3 pending projects planned within one year of the 2026-07-06 register.
2 projects had already passed their planned date; 2 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
4,059 apartments are planned in Dubai Science Park from 2026 to 2028, equal to 3.1 times the 1,302 homes let there today.
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.
The Skyhills I by HRE towers
2 towers in Skyhills I by HRE, at the bedroom type above.
Ejari files Skyhills I by HRE’s leases under the project, not a tower, so every tower share one rent: the project figure above, counted once. Prices are each tower’s own registered sales.
Dubai Science Park: every development at this typeDubai Science Park: every development at this type
Medians of registered sales and new Ejari leases in the 12 months to 12 Oct 2026, pooled across each development’s towers at 1 bed. A median needs 3 rows; a dash with a count means fewer.
About Skyhills Residences - 2
Skyhills Residences - 2 is a cancelled apartment building by Hre in Dubai Science Park. 509 sales are registered with the Dubai Land Department.
The building, as registered
- Master developer
- Hre
Nearest, as registered
- Metro
- First Abu Dhabi Bank Metro Station
- Mall
- Mall of the Emirates
- Landmark
- Motor City
Skyhills Residences - 2: AED 1,450 per sq ft, 12% below the median Dubai Science Park building, and a 7.2% 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
- Skyhills Residences - 2AED 1,450
- Dubai Science Park, readyAED 1,391
- Dubai Science Park, off-planAED 1,767
- Dubai, readyAED 1,421
Gross yield against the area's buildings
Axis: gross yield, % of price
Skyhills Residences - 2Dubai Science Park median building
- Dubai Science Park7.2% vs 7.1%
More from Hre
Sky Hills Astra Tower B
Dubai Science Park · 473 sales, 12 months
1.04M
AED, resale median · 1,792/sqft
Sky Hills Astra Tower A
Dubai Science Park · 260 sales, 12 months
1.04M
AED, resale median · 1,797/sqft
Skyhills Gardens - D
Falcon City of Wonders · 145 sales, 12 months
930,000
AED, resale median · 1,671/sqft
Skyhills Gardens - A
Falcon City of Wonders · 78 sales, 12 months
1.43M
AED, resale median · 1,548/sqft
Nearby in Dubai Science Park
Prices per sq ft around Skyhills Residences - 2, on the mapPrices per sq ft around Skyhills Residences - 2, on the map
Skyhills Residences - 1
Dubai Science Park · 28 sales, 12 months
1.00M
AED, resale median · 1,566/sqft
Vincitore Aqua Dimore
Dubai Science Park · 118 sales, 12 months
1.20M
AED, resale median · 1,634/sqft
Bella Rose
Dubai Science Park · 41 sales, 12 months
600,000
AED, resale median · 1,355/sqft
Opalz By Danube - Tower 2
Dubai Science Park · 30 sales, 12 months
775,000
AED, resale median · 1,423/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 · 1 bedOn record
- Rental evidence · 1 bedRead 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 registerRead with care
- DeveloperOn record
- Costs not includedNot in the yield
Rent or buy
What owning a 1 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 Skyhills Residences - 2’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
- 4,579AED
- 4.5% over 25 years
- Monthly rent
- 6,583AED
- AED 79,000 a year
- Cash needed at purchase
- 286,247AED
- 20% down plus AED 80,309 in fees
Owning costs AED 304,545 less than renting over 5 years, once the sale is counted.
Buying overtakes renting in year 2.
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Common questions
- What is the rental yield in Skyhills Residences - 2?
- Skyhills Residences - 2 returns 7.7% gross: a median new-contract rent of AED 79,000 a year (25 Ejari contracts in 12 months) over a price benchmark of AED 1.03M (median of 12 sales in the last 12 months, latest Oct 2026), before service charge, agency fees or vacant months.
- How much does a 1 bedroom in Skyhills Residences - 2 cost?
- The median registered sale price is AED 1.03M (1,418 AED/sqft), from 12 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
- Have prices in Skyhills Residences - 2 risen or fallen?
- Median price per square foot moved +6.0% over the last 12 months against the 12 before it, on 12 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
- How does Skyhills Residences - 2 compare with Dubai Science Park?
- Its 7.7% gross yield sits +0.3 pts against the Dubai Science Park median of 7.4%, 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.
- What is the registered annual rent for a 1 bedroom in Skyhills Residences - 2?
- The median new annual rent is AED 79,000, from 25 Ejari contracts in the trailing 12 months to 2026-10-12. These contracts cover the project, not this tower alone. Compare the same bedroom type; floor, view and condition can change an individual rent.
For agents
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Skyhills Residences - 2 sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 12 registered sales in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts
- Canonical record
- /sale/apartments/dubai/dubai-science-park/skyhills-residences-2
Cite as: Dubai Wealth Index. “Skyhills Residences - 2 sale prices and yield.” Dubai Science Park, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/dubai-science-park/skyhills-residences-2
Stable dataJSON