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HRE REAL ESTATE DEVELOPMENT L.L.C

Skyhills Residences 2

Under Construction · Date not reported|526 units · 1 tower
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Skyhills Residences 2 is an under-construction community by HRE REAL ESTATE DEVELOPMENT L.L.C in Jumeirah Village Circle, comprising 526 registered units. 491 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,607 per sqft. At AED 1,607 per sqft, Skyhills Residences 2 prices 1% above the Jumeirah Village Circle median of AED 1,584 per sqft on registered sales.

PIX© price · ↓3.0% YoY
1.23MAED
Typical
1,607AED
PSF
Gross yield
Awaiting handover
PIX© rent ÷ PIX© price
Sale records
491
DLD · all time
Rent contracts
Awaiting handover
Ejari · all time
Exclusive to PropertyIndex©

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 14
…

Studio on Floor 14

Size
Record
Jun 2025 to Aug 2026
Owners
3
Tenants
0
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
3Owner 324 Aug 202624 d
Current owner
2Owner 29 Apr 20265 mo
1Owner 12 Jun 202510 mo
PIX© Airbnb Calculator

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Studio · Floor 14
Occupancy (237 nights)
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Skyhills Residences 2

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 YoY
PIX© Core
Project-Wide
415 - 5,251 sqft
5261.23M1,607↓3.0%
Residential
Studio · Apartment
415 - 520 sqft
229
1 Bed · Apartment
716 - 1,392 sqft
238
2 Bed · Apartment
1,195 - 2,260 sqft
37
3 Bed · Apartment
2,285 - 3,466 sqft
5-
Commercial
Shop
1,709 - 5,251 sqft
17-
No rental contracts registered - the project has not handed over.
Sales - Project-Wide491 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
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
1 Sep 20261 BedFloor 197191,154,3621,604-PremiumOff-Plan Sale
24 Aug 2026StudioFloor 14415670,0001,614-7.8%Entry LevelOff-Plan Sale
19 Aug 20261 BedFloor 108581,282,5921,494-StandardOff-Plan Sale
Rentals - Project-Wide
PIX© rent analysis
No Ejari rental contracts. Contracts appear once handover occurs and tenancies are registered.

Comparables

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

Comparable projects in Jumeirah Village Circle

The closest-priced registered projects in Jumeirah Village Circle.

Common questions about Skyhills Residences 2

Answered from Dubai Land Department registered transactions.

How much does a property in Skyhills Residences 2 cost?

Property in Skyhills Residences 2 sells at a current PIX© price of AED 1,607 per sqft, or about AED 1,230,326 for a typical unit, based on 491 sales registered with the Dubai Land Department.

When is Skyhills Residences 2 handing over?

Skyhills Residences 2 is under construction in the Dubai Land Department project register. No handover date is on record.

Who is the developer of Skyhills Residences 2?

Skyhills Residences 2 is developed by HRE REAL ESTATE DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

How many units are in Skyhills Residences 2?

Skyhills Residences 2 holds 526 registered units, per the Dubai Land Department unit register.

Have prices in Skyhills Residences 2 gone up or down?

Price per sqft has fallen -3.0% over the last 12 months, to AED 1,607, across 491 registered sales.