Sky Bay Hotel, Business Bay

    Sold Prices · DLD Data

    Sky Bay Hotel

    Business Bay, Dubai · Business Bay

    AED 3,895

    Avg Price / sqft

    AED 472K

    Avg Sale Price

    51

    DLD Sales Recorded

    3.3%

    Est. Gross Yield

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    Market snapshot

    Sky Bay Hotel — the numbers

    Sky Bay Hotel is a residential building in Business Bay, Dubai with approximately 449 units. Dubai Land Department records show 51 sales in the building, at an average price of AED 472K — around AED 3,895 per square foot.

    Since January 2026, 51 sales completed in Sky Bay Hotel, with the average price per square foot moving from AED 3,904 to AED 3,753 (-3.9%). That softening can open negotiating room for buyers.

    Benchmarked against average residential rents in Business Bay, a typical unit in Sky Bay Hotel returns an estimated 3.3% gross rental yield before service charges — a useful starting point for investors comparing towers across Business Bay.

    Figures are from Dubai Land Department transaction records for Sky Bay Hotel; individual units vary by floor, view and finish. Gross yield is estimated against average Business Bay residential rents, before service charges.

    Price trend

    Price trend in Sky Bay Hotel

    Average sale price per sqft by month since January 2026-3.9%

    3,1393,6624,185Jan 26: AED 3,904/sqft · 14 salesJan 26Feb 26: AED 3,640/sqft · 11 salesFeb 26Mar 26: AED 4,015/sqft · 8 salesMar 26Apr 26: AED 4,277/sqft · 4 salesApr 26May 26: AED 2,965/sqft · 2 salesMay 26Jun 26: AED 4,359/sqft · 5 salesJun 26Jul 26: AED 3,896/sqft · 5 salesJul 26Aug 26: AED 3,753/sqft · 2 salesAug 26

    Unit types

    Prices by unit type

    Studio

    AED 478K

    AED 4,087/sqft

    47 sales · last 12 months

    1 Bed

    AED 405K

    AED 1,641/sqft

    4 sales · last 12 months

    Transactions

    Recent sold prices

    DateTypeBedsSize (sqft)PriceAED/sqft
    12 Aug 2026Sales0123AED 405KAED 3,295
    11 Aug 2026Sales088AED 369KAED 4,211
    29 Jul 2026Sales1237AED 405KAED 1,710
    17 Jul 2026Sales087AED 370KAED 4,233
    15 Jul 2026Sales0101AED 492KAED 4,880
    08 Jul 2026Sales094AED 400KAED 4,252
    06 Jul 2026Sales0174AED 768KAED 4,404
    25 Jun 2026Sales087AED 442KAED 5,067
    25 Jun 2026Sales088AED 475KAED 5,421
    17 Jun 2026Sales0123AED 405KAED 3,280
    03 Jun 2026Sales0356AED 1.5MAED 4,138
    03 Jun 2026Sales0104AED 406KAED 3,889
    11 May 2026Sales0102AED 225KAED 2,202
    05 May 2026Sales0109AED 406KAED 3,728
    29 Apr 2026Sales087AED 403KAED 4,613
    14 Apr 2026Sales096AED 420KAED 4,384
    14 Apr 2026Sales0101AED 476KAED 4,724
    13 Apr 2026Sales0103AED 350KAED 3,388
    31 Mar 2026Sales094AED 420KAED 4,465
    25 Mar 2026Sales0124AED 406KAED 3,283

    About the area

    Sky Bay Hotel is in Business Bay

    Business Bay is a dynamic urban community situated adjacent to Dubai's iconic Downtown, catering primarily to professionals and expatriates seeking an engaging city lifestyle. This strategically located area runs alongside the picturesque Dubai Canal, offering residents breathtaking waterfront views and a vibrant atmosphere that harmoniously blends work and leisure.

    Explore the Business Bay area guide

    Nearby

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    FAQ

    Sky Bay Hotel: frequently asked questions

    What is the average price in Sky Bay Hotel?

    The average recorded sale price in Sky Bay Hotel, Business Bay is AED 472K, around AED 3,895 per square foot, based on Dubai Land Department transaction data.

    Are prices in Sky Bay Hotel going up or down?

    Average sale prices in Sky Bay Hotel have eased -3.9% per square foot since January 2026, across 51 DLD-recorded sales.

    What rental yield can I expect in Sky Bay Hotel?

    Based on average Business Bay residential rents against sale prices in the building, a typical unit in Sky Bay Hotel yields roughly 3.3% gross per year, before service charges and fees.

    How many properties have sold in Sky Bay Hotel?

    51 sales have been recorded in Sky Bay Hotel according to DLD data, across approximately 449 units.

    Considering Sky Bay Hotel?

    Get honest, DLD-backed guidance on pricing, yields and availability in Business Bay from Binayah's advisors — no pressure, just the numbers.

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