Sky Bay Hotel

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by The First Group
714
Total Units
669
Sold
AED 1,295,000
Median Price
AED 3,780
Median Price /sqft
Construction progress: 100%
Start: Jun, 2017Completion: Jul, 2021

Sky Bay Hotel Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

Studio669210 sqft - 570 sqftAED 0.4M (4,190 /sqft)AED 2,500 /sqft
67.62
1 Bed30240 sqft - 1,130 sqftAED 0.4M (1,570 /sqft)AED 2,420 /sqft
-35.27

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSize Balcony
StudioApartment, 101610352 sqft0 sqft Check Availability
StudioApartment, 111311413 sqft0 sqft Check Availability
StudioApartment, 120212351 sqft0 sqft Check Availability
StudioApartment, 121312413 sqft0 sqft Check Availability
StudioApartment, 121812349 sqft0 sqft Check Availability
StudioApartment, 130213351 sqft0 sqft Check Availability
StudioApartment, 131113351 sqft0 sqft Check Availability
StudioApartment, 141814349 sqft0 sqft Check Availability
StudioApartment, 142914351 sqft0 sqft Check Availability
StudioApartment, 160416395 sqft0 sqft Check Availability
StudioApartment, 2012447 sqft8.42 sqft Check Availability
StudioApartment, 2032396 sqft4 sqft Check Availability
StudioApartment, 2052391 sqft4.06 sqft Check Availability
StudioApartment, 2062417 sqft6.17 sqft Check Availability
StudioApartment, 2102417 sqft6.17 sqft Check Availability

Sold properties

BedsCategorySize BalconyFloorPricePrice /sqftDate
1Apartment939 sqft29.74 sqft 10AED 1,695,000AED 1,805 /sqft 22, Apr 2018
1Apartment1,135 sqft37.41 sqft 10AED 1,595,000AED 1,405 /sqft 23, Dec 2020
StudioApartment353 sqft0 sqft 10AED 1,540,000AED 4,363 /sqft 02, Jan 2023
StudioApartment351 sqft0 sqft 10AED 1,535,000AED 4,373 /sqft 09, May 2022
StudioApartment377 sqft2.45 sqft 10AED 1,485,000AED 3,939 /sqft 23, Jan 2018
StudioApartment349 sqft0 sqft 10AED 1,485,000AED 4,255 /sqft 26, Aug 2020
StudioApartment405 sqft5.07 sqft 10AED 1,425,000AED 3,519 /sqft 24, Nov 2019
StudioApartment414 sqft5.62 sqft 10AED 1,403,695AED 3,391 /sqft 14, Mar 2018
StudioApartment399 sqft4.47 sqft 10AED 1,375,000AED 3,446 /sqft 10, Feb 2019
StudioApartment429 sqft7.02 sqft 10AED 1,375,000AED 3,213 /sqft 31, Mar 2021
StudioApartment396 sqft4.31 sqft 10AED 1,375,000AED 3,472 /sqft 08, Feb 2021
StudioApartment415 sqft5.79 sqft 10AED 1,375,000AED 3,329 /sqft 08, Feb 2021
StudioApartment435 sqft7.24 sqft 10AED 1,375,000AED 3,161 /sqft 01, Nov 2020
StudioApartment350 sqft0 sqft 10AED 1,363,250AED 3,895 /sqft 11, Feb 2019
StudioApartment356 sqft0 sqft 10AED 1,339,500AED 3,763 /sqft 16, Nov 2017

Sky Bay Hotel Real Estate Data – FAQ

  • What is the current property supply in Sky Bay Hotel?

    Sky Bay Hotel has a total residential supply of approximately units. This represents completed and available inventory within the area.

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  • How active is the real estate market in Sky Bay Hotel?

    Sky Bay Hotel recorded 73 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.

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  • What is the average price /sqft in Sky Bay Hotel?

    The median transaction price in Sky Bay Hotel is AED 4,060 /sqft , based on actual recorded sales transactions, not listing prices.

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  • What rental yield can investors expect in Sky Bay Hotel?

    The gross rental yield in Sky Bay Hotel is approximately %, calculated using median rental income divided by median sale prices for comparable properties.

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  • How much have property prices increased in Sky Bay Hotel?

    Property prices in Sky Bay Hotel have shown a capital appreciation of 0% year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.

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  • How many off-plan projects are currently in Sky Bay Hotel?

    There are currently 0 active off-plan projects in Sky Bay Hotel, reflecting strong developer activity and future supply pipeline.

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  • What is the future supply pipeline in Sky Bay Hotel?

    The total off-plan pipeline in Sky Bay Hotel includes approximately 0 units, which will significantly impact future supply and pricing dynamics.

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  • Is Sky Bay Hotel a good area for property investment?

    Sky Bay Hotel is considered a high-activity investment zone due to its strong transaction volume, competitive rental yield of around %, and steady capital appreciation. However, the large upcoming supply pipeline should be carefully considered when evaluating long-term price growth.

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  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

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  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

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  • What does rental yield represent?

    Rental yield represents the annual rental income as a percentage of the property's purchase price. In Sky Bay Hotel, this is %, indicating relatively strong income performance compared to global markets.

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