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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. 406 sales are registered with the Dubai Land Department, at a current PIX© price of AED 4,040 per sqft. At AED 4,040 per sqft, Sky Bay Hotel prices 65% above the Business Bay average of AED 2,449 per sqft on registered sales.
Units
Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.
| Type | Units | PIX© Price | PIX© PSF | PSF YoY | Trend | PIX© Rent /yr | Yield |
|---|---|---|---|---|---|---|---|
PIX© Core Project-Wide 179 – 1,135 sqft | 452 | 944K | 4,040 | ↑18.8% | — | — | |
| 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 | — | — | — | — | — | — |
Price per sqft has risen +18.8% over the last 12 months, to AED 4,040, across 406 registered sales.
| Date | Size | Price | PSF | Unit Type | Type |
|---|---|---|---|---|---|
| 6 Jul 2026 | 174 | 768,350 | 4,404 | Premium | Payment Plan Sale |
| 4 Jun 2026 | 356 | 1,471,650 | 4,138 | Standard | Payment Plan Sale |
| 11 Feb 2026 | 350 | 1,027,705 | 2,939 | Standard | Standard Sale |
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.
| Start Date | Size | Rent / Yr | Rent PSF | Unit Type | Type |
|---|---|---|---|---|---|
| 16 Feb 2023 | 5,716 | 20,000 | — | Standard | new |
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.
- The Binary By OmniyatAED 3,846/sqft
- ElireAED 4,287/sqft
- Burj Binghatti Jacob & Co. ResidencesAED 3,757/sqft
- Jumeirah Living Business BayAED 4,341/sqft
- Luxury Family Residence 3AED 3,738/sqft
- Xl TowerAED 3,732/sqft
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 4,040 per sqft, or about AED 944,066 for a typical unit, based on 406 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 +18.8% over the last 12 months, to AED 4,040, across 406 registered sales.