Sky Bay Hotel

Completed|714 units · 1 tower

Sky Bay Hotel is a completed development by TFG CORPORATE HOLDINGS LIMITED in Business Bay, comprising 714 registered units. 403 sales are registered with the Dubai Land Department, at a current PIX© price of AED 4,173 per sqft. At AED 4,173 per sqft, Sky Bay Hotel prices 106% above the Business Bay median of AED 2,022 per sqft on registered sales.

PIX© price · ↑17.4% YoY

878KAED

Typical

4,173AED

PSF

Gross yield

PIX© rent ÷ PIX© price

Sale records

403

DLD · all time

Rent contracts

Ejari · all time

SATELLITE

LocationBusiness Bay

Drive times · typical

Downtown Dubai10 min · 5.1 km

DXB Airport17 min · 18.8 km

DIFC17 min · 8.8 km

Dubai Marina25 min · 23.2 km

Palm Jumeirah24 min · 24.6 km

Nearest · straight-line

Metro stationBurj Khalifa/ Dubai Mall Metro Station2.4 km

MallMAG 318 by mimar0.6 km

SchoolLetsWake: Wakesurfing & Wakeboarding Dubai0.2 km

HospitalShades Medical Center | Dental Clinic0.5 km

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PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor

Units on floor 5

…

Studio on Floor 5, Sky Bay Hotel

Size
Record: May 2018 to Oct 2025
Owners: 3
Tenants: 0
Price change
Yield on cost

Sale price by owner

Party	Date	Held	Note
3Owner 3	20 Oct 2025	11 mo	Current owner
2Owner 2	26 Jun 2025	4 mo
1Owner 1	24 May 2018	7.1 yrs

PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

Studio · Floor 5 · Sky Bay Hotel

Nightly rateAED

Occupancy (237 nights)

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Sky Bay Hotel4,173AED/sqft · project-wide

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 174 - 1,135 sqft	714	878K	4,173	↑17.4%		-	-
Residential
Studio · Hotel Apartment 174 - 566 sqft	669					-	-
1 Bed · Hotel Apartment 939 - 1,135 sqft	30					-	-
Commercial
Office 179 - 404 sqft	7	-	-	-	-	-	-
Shop 666 sqft	5	-	-	-	-	-	-
Warehouse 270 - 310 sqft	3	-	-	-	-	-	-

Sales - Project-Wide403 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
6 Jul 2026	Studio	Sky Bay Hotel · Floor 12	174	768,350	4,404	-	Standard	Payment Plan Sale
3 Jun 2026	Studio	Sky Bay Hotel · Floor 4	356	1,471,650	4,138	-	Standard	Payment Plan Sale
10 Feb 2026	Studio	Sky Bay Hotel · Floor 15	350	1,027,705	2,939	-33.7%	Standard	Standard 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.

All time

Rent range

Renewals

Latest contracts

Start Date	Unit No.	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
16 Feb 2023		—	Sky Bay Hotel · Floor G	5,718	19,989	-	-	Standard	CONTRACT

Comparables

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

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare

This project

Sky Bay Hotel

Compared with

The One Hotel

PIX© PSF

2,729

Rank

#2 of 11

#1 of 11

Typical price

1.09M

Yield

—

Units

714

528

Sales

Rents

Developer

TFG CORPORATE HOLDINGS LIMITED

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	The One Hotel TFG CORPORATE HOLDINGS LIMITED · Completed	528					25	1
2	Sky Bay Hotel TFG CORPORATE HOLDINGS LIMITED · Completed	714	2,729	Subject	1.09M	—	20	1
	Damac Maison Prive B DAMAC · Completed	527					233	1,322
	DAMAC Majestine DAMAC · Completed	506					146	1,420
	Damac Maison Prive A DAMAC · Completed	517					222	1,177
	Damac Maison Prive DAMAC · Completed	1,056					455	2,523
	Bay's Edge DAMAC · Completed	261					76	661
	Millennium Atria Business Bay DEYAAR DEVELOPMENT (P.J.S.C) · Completed	353					25	61
	Tower C DAMAC · Completed	826					90	5
	Aykon City Tower B DAMAC · Completed	1,232					270	30
	Park Lane Tower THE DEVELOPER PROPERTIES L.L.C · Completed	604					224	1,240

Community median 2,022 AED/sqft. All 10 qualifying community peers shown. 13 community projects excluded for insufficient recorded sales. 57 excluded for trading only in the off-plan market. 49 excluded for insufficient unit-mix overlap. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Business Bay

The closest-priced registered projects in Business Bay.

The One HotelAED 3,115/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 4,173 per sqft, or about AED 878,030 for a typical unit, based on 403 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.

Who is the developer of Sky Bay Hotel?

Sky Bay Hotel is developed by TFG CORPORATE HOLDINGS LIMITED, the developer recorded against the project in the Dubai Land Department register.

How many units are in Sky Bay Hotel?

Sky Bay Hotel holds 714 registered units, per the Dubai Land Department unit register.

Have prices in Sky Bay Hotel gone up or down?

Price per sqft has risen +17.4% over the last 12 months, to AED 4,173, across 403 registered sales.