PropertyIndex

Sky Bay Hotel

Completed · Q1 2021|452 units · 1 tower

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Sky Bay Hotel is a completed apartment development by T F G REAL ESTATE L.L.C in Business Bay, comprising 452 registered units. 415 sales are registered with the Dubai Land Department, at a current PIX© price of AED 4,140 per sqft. At AED 4,140 per sqft, Sky Bay Hotel prices 70% above the Business Bay average of AED 2,432 per sqft on registered sales.

PIX© price · 7.6% YoY
690KAED
Typical
4,140AED
PSF
Gross yield
PIX© rent ÷ PIX© price
Sale records
415
DLD · all time
Rent contracts
1
Ejari · all time
Sky Bay Hotel

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
179 – 1,135 sqft
452690K4,1407.6%
Residential
Studio · Hotel Apartment
174 – 566 sqft
1 Bed · Hotel Apartment
939 – 1,135 sqft
Hospitality
Studio · Hotel Room
348 – 566 sqft
415
1 Bed · Hotel Room
939 – 1,135 sqft
22
Commercial
Office
179 – 404 sqft
7
Shop
666 sqft
5
Store
270 – 310 sqft
3
Sales — Project-Wide415 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DatePositionSizePricePSFvs Prior SaleTierType
6 Jul 2026Floor 12174768,3504,404StandardPayment Plan Sale
3 Jun 2026Floor 43561,471,6504,138StandardPayment Plan Sale
10 Mar 2026104442,3004,241StandardPayment Plan Sale
Rentals — Project-Wide1 Ejari contracts
PIX© rent analysis

We don’t plot a PIX© rent trend for units with less than 12 DLD-registered contracts — this unit type only has 1. Review the official Ejari records below to make your own determination.

Rent range
Renewals
Corporate
Latest contracts
Start DatePositionSizeRent / YrRent PSFvs Prior RentTierType
16 Feb 2023Floor G5,71819,989Standardnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Business Bay

The closest-priced registered projects in Business Bay.

Common questions about Sky Bay Hotel

Answered from Dubai Land Department registered transactions.

How much does a property in Sky Bay Hotel cost?

Property in Sky Bay Hotel sells at a current PIX© price of AED 4,140 per sqft, or about AED 690,457 for a typical unit, based on 415 sales registered with the Dubai Land Department.

Is Sky Bay Hotel completed?

Yes. Sky Bay Hotel is recorded as completed in the Dubai Land Department project register (completed q1 2021).

Who is the developer of Sky Bay Hotel?

Sky Bay Hotel is developed by T F G REAL ESTATE L.L.C, the developer recorded against the project in the Dubai Land Department register.

How many units are in Sky Bay Hotel?

Sky Bay Hotel holds 452 registered units, per the Dubai Land Department unit register.

Have prices in Sky Bay Hotel gone up or down?

Price per sqft has risen +7.6% over the last 12 months, to AED 4,140, across 415 registered sales.