Sobha Skyparks, Business Bay

    Sold Prices · DLD Data

    Sobha Skyparks

    Business Bay, Dubai

    AED 4,293

    Avg Price / sqft

    AED 4.9M

    Avg Sale Price

    83

    DLD Sales Recorded

    3%

    Est. Gross Yield

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    Market snapshot

    Sobha Skyparks — the numbers

    Sobha Skyparks is a residential building in Business Bay, Dubai with approximately 684 units. Dubai Land Department records show 83 sales in the building, at an average price of AED 4.9M — around AED 4,293 per square foot.

    Since January 2026, 83 sales completed in Sobha Skyparks, with the average price per square foot moving from AED 4,290 to AED 4,225 (-1.5%). Prices have held broadly steady, a sign of a balanced market in the tower.

    Benchmarked against average residential rents in Business Bay, a typical unit in Sobha Skyparks returns an estimated 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 Sobha Skyparks; 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 Sobha Skyparks

    Average sale price per sqft by month since January 2026-1.5%

    4,2144,2674,320Jan 26: AED 4,290/sqft · 65 salesJan 26Feb 26: AED 4,309/sqft · 17 salesFeb 26Mar 26: AED 4,225/sqft · 1 saleMar 26

    Unit types

    Prices by unit type

    1 Bed

    AED 3.0M

    AED 4,220/sqft

    45 sales · last 12 months

    2 Bed

    AED 5.9M

    AED 4,318/sqft

    27 sales · last 12 months

    3 Bed

    AED 10.0M

    AED 4,503/sqft

    10 sales · last 12 months

    4 Bed

    AED 12M

    AED 4,775/sqft

    1 sale · last 12 months

    Transactions

    Recent sold prices

    DateTypeBedsSize (sqft)PriceAED/sqft
    06 Mar 2026Sales21,460AED 6.2MAED 4,225
    23 Feb 2026Sales1685AED 2.9MAED 4,225
    23 Feb 2026Sales1685AED 3.0MAED 4,325
    23 Feb 2026Sales1716AED 2.9MAED 4,100
    18 Feb 2026Sales1716AED 3.0MAED 4,225
    11 Feb 2026Sales21,582AED 6.9MAED 4,375
    11 Feb 2026Sales32,272AED 9.9MAED 4,375
    11 Feb 2026Sales1685AED 2.9MAED 4,300
    10 Feb 2026Sales1870AED 3.7MAED 4,225
    10 Feb 2026Sales21,582AED 6.9MAED 4,375
    09 Feb 2026Sales21,229AED 5.0MAED 4,100
    06 Feb 2026Sales32,272AED 9.9MAED 4,350
    05 Feb 2026Sales21,582AED 6.8MAED 4,325
    04 Feb 2026Sales42,601AED 12MAED 4,775
    04 Feb 2026Sales1685AED 2.9MAED 4,225
    03 Feb 2026Sales21,191AED 5.1MAED 4,250
    03 Feb 2026Sales32,272AED 9.9MAED 4,350
    03 Feb 2026Sales21,582AED 6.9MAED 4,350
    29 Jan 2026Sales1716AED 2.9MAED 4,075
    28 Jan 2026Sales1716AED 2.9MAED 4,075

    About the area

    Sobha Skyparks 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

    Sobha Skyparks: frequently asked questions

    What is the average price in Sobha Skyparks?

    The average recorded sale price in Sobha Skyparks, Business Bay is AED 4.9M, around AED 4,293 per square foot, based on Dubai Land Department transaction data.

    Are prices in Sobha Skyparks going up or down?

    Average sale prices in Sobha Skyparks have eased -1.5% per square foot since January 2026, across 83 DLD-recorded sales.

    What rental yield can I expect in Sobha Skyparks?

    Based on average Business Bay residential rents against sale prices in the building, a typical unit in Sobha Skyparks yields roughly 3% gross per year, before service charges and fees.

    How many properties have sold in Sobha Skyparks?

    83 sales have been recorded in Sobha Skyparks according to DLD data, across approximately 684 units.

    Considering Sobha Skyparks?

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