PropertyIndex

SKY PALACES REAL ESTATE DEVELOPMENT L.L.C

Developer in Dubai · 1 project across 1 community

SKY PALACES REAL ESTATE DEVELOPMENT L.L.C is a Dubai property developer with 1 registered project comprising 517 units. 5 sales are registered with the Dubai Land Department across its portfolio, at a current PIX© price of AED 5,622 per sqft. At AED 5,622 per sqft, SKY PALACES REAL ESTATE DEVELOPMENT L.L.C prices 193% above the Dubai market average of AED 1,921 per sqft on registered sales.

Projects
1
1 completed
Inventory
517units
517 completed
Communities
1
across Dubai
PIX© PSF
5,622AED/sqft
↓4.2% YoY
Gross yield
2.2%
PIX© rent ÷ PIX© price
Sale records
5
DLD · L12M · 166.85M AED
Rent contracts
2
Ejari · L12M

Delivery track record

Handovers completed and the forward pipeline, by expected completion year, from DLD project registrations.

Delivered
1 project
517 units
In pipeline
0 projects
-
’22
Delivered unitsPipeline unitsRegistered inventory by completion year · n/d = no date on record

Portfolio

Every SKY PALACES REAL ESTATE DEVELOPMENT L.L.C project. PIX© PSF-priced projects appear first; projects without a current price follow. Select a marker or number for the snapshot.

Map of comparable projects in this portfolio
CompletedSelectedNumbers follow table order · PIX© PSF-priced projects first
Selected · #1 of 1
Dorchester Collection Dubai
SKY PALACES REAL ESTATE DEVELOPMENT L.L.CCompleted
PIX© PSF
Trend
Typical price
Yield
Units
517
Sales · L12M
5
Rents · L12M
2
Open project →
RankProjectUnitsPIX© PSFPSF YoYTypical priceYieldSalesRents
Dorchester Collection Dubai
SKY PALACES REAL ESTATE DEVELOPMENT L.L.C · Completed
51752
Sales and rents are last-12-month DLD/Ejari records.

Common questions about SKY PALACES REAL ESTATE DEVELOPMENT L.L.C

Answered from Dubai Land Department registered transactions.

How much does a SKY PALACES REAL ESTATE DEVELOPMENT L.L.C property cost?

SKY PALACES REAL ESTATE DEVELOPMENT L.L.C prices at AED 5,622 per sqft on current PIX© values, based on 5 sales registered with the Dubai Land Department in the last 12 months.

What rental yield do SKY PALACES REAL ESTATE DEVELOPMENT L.L.C properties achieve?

SKY PALACES REAL ESTATE DEVELOPMENT L.L.C yields 2.2% gross, calculated from current PIX© rents against current PIX© sale prices across 2 registered Ejari contracts.

How many projects does SKY PALACES REAL ESTATE DEVELOPMENT L.L.C have in Dubai?

SKY PALACES REAL ESTATE DEVELOPMENT L.L.C holds 1 registered project comprising 517 units, per the Dubai Land Department project register.

Where does SKY PALACES REAL ESTATE DEVELOPMENT L.L.C build in Dubai?

SKY PALACES REAL ESTATE DEVELOPMENT L.L.C has registered projects in Business Bay, per the Dubai Land Department project register.

Is SKY PALACES REAL ESTATE DEVELOPMENT L.L.C expensive compared to the Dubai market?

At AED 5,622 per sqft, SKY PALACES REAL ESTATE DEVELOPMENT L.L.C prices 193% above the Dubai market average of AED 1,921 per sqft on registered sales.