Completed hotel and office façades on Al Ohood Street in Business Bay. Area context, not a photograph of Sky Bay Hotel.

Area view, not a building-specific photograph

Sky Bay Hotel, Dubai

Business BayDeveloper: T F G Real EstateFinished project in the registerRegistered completion: 1 Mar 2021

Homes sold for a median AED 4,081 per sq ft. There were 38 sales in the last 5 years.

Finished project in the register in Business Bay. A typical studio sold for AED 405,650.

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Photo: Cpt Burah / Unsplash

Median sold price
AED 4,081
Per sq ft, 5 years to 5 Oct 2026
Last sale
28 Sept 2026
Registered sales
38
5 years
Lowest recent sale
AED 369,000
Recent sales shown below
Typical price
StudioAED 406,000
Rounded registered medians, the last 5 years to 5 Oct 2026

Price per sq ft over five years

Median sold price in each 12-month period to the month shown. Gaps mean fewer than 3 sales that year.

Sky Bay Hotel4,081Last recorded: 12 months to Oct 2026

Business Bay median2,492Last recorded: 12 months to Oct 2026

Sky Bay Hotel median AED per sq ft, year by yearSale figures only. Gaps mark missing values. See the table below for exact figures.8161,6322,4493,2654,0814,89720222023202420252026Sky Bay Hotel: 4,081, 12 months to Oct 2026Business Bay median: 1,662, 12 months to Oct 2022Business Bay median: 2,119, 12 months to Oct 2023Business Bay median: 2,319, 12 months to Oct 2024Business Bay median: 2,454, 12 months to Oct 2025Business Bay median: 2,492, 12 months to Oct 20264,081

Exact registered values are available in the data table below.

Sky Bay Hotel: 1 period with values of 5 labelled periods.Business Bay median: 5 periods with values of 5 labelled periods. Missing values break the line; they are not treated as zero.
View chart data
Sky Bay Hotel median AED per sq ft, year by year
PeriodSky Bay HotelBusiness Bay median
12 months to Oct 2022Not reported1,662
12 months to Oct 2023Not reported2,119
12 months to Oct 2024Not reported2,319
12 months to Oct 2025Not reported2,454
12 months to Oct 20264,0812,492

Source: Land Department open data, 5 Oct 2026. Prices describe homes sold, not a valuation.

The chart compares the same rolling annual periods. A percentage discount is withheld when the building and area aggregate medians use different sale windows.

By number of bedrooms

Compare the median price paid for each home size.

StudioAED 406,00036 registered sales
HomeSalesMedian price, roundedSize, sq ftAED per sq ftArea rent a yearRent-to-price comparison
Studio36AED 406,0001023,977AED 65,000–

Source: Land Department open data. Sale medians cover the last 5 years, to 5 Oct 2026. Rent source: Dubai Data (datadubai.ae), Continental Club Property. Area rents: Ejari, Business Bay.

The sale medians cover five years. Area rent is separate context; no yield is calculated against these historical sale medians.

Rents cover the whole community, not this building alone. They are the median Ejari rent for each home size. The rent-to-price comparison uses area rent and this building's sale median, before costs. It is not an observed building lease yield. Publisher contract sample, register data to 22 Oct 2026; the lease period is not stated.

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Registered sales in the historical sample

Compare the recorded prices, sizes and dates of the Sky Bay Hotel sales shown below.

Latest registered sales
2026-09-28StudioReady102455,0004,461
2026-09-23StudioReady218405,650below marketRegistered price far below this building's median; may be a share transfer or non-market deal.1,861
2026-09-08StudioReady100400,0004,000
2026-09-08StudioReady104405,6503,900
2026-08-12StudioReady123405,0003,293
2026-08-11StudioReady88369,0004,193
2026-07-291 bedroomReady237405,000below marketRegistered price far below this building's median; may be a share transfer or non-market deal.1,709
2026-07-17StudioReady87370,0004,253

These are the supplied filtered historical sale records, through 5 Oct 2026. The price-range table below uses these records only.

Source: Land Department open data, 5 Oct 2026. Records don't include unit numbers, so individual homes can't be identified.

How far apart are recorded prices for the same home size?

Compare the lowest and highest price per sq ft for each home size. Use the dates to see how recent these sales are.

Price ranges in the supplied sale subset
Studio72026-07-172026-09-281,8614,461

Source: Land Department historical sale records, through 5 Oct 2026. A range needs five or more valid records. This is the supplied subset, not every sale or a market valuation. Homes with the same bedroom count can differ in floor area, condition and view. Read the individual records above before comparing a quote.

Check costs with your current quote

The sale prices above are five-year medians. Enter your current purchase price and expected rent in the calculator before comparing costs or yield.

Calculate costs with your own figures

Project register and escrow

T F G Real Estate. Project status: finished.

Registered completion
1 Mar 2021
Construction progress
100%
Escrow bank
Abu Dhabi Islamic Bank

Source: Land Department project register, 22 Oct 2026. A registered completion date can be extended. Confirm the latest project status in the Dubai REST app; payment-plan terms must be checked with the developer.

Location: Business Bay

This map marks the parent area. It does not show the entrance or exact building position.

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Questions people ask

These answers explain the prices and registered sales shown for Sky Bay Hotel.

What is the price per sq ft in Sky Bay Hotel?

The median sold price was AED 4,081 per sq ft. There were 38 sales over the last 5 years to 5 Oct 2026. The last sale was on 28 Sept 2026.

How much does a studio in Sky Bay Hotel cost?

The median price for a studio was AED 405,650. The median size was about 102 sq ft. This covers 36 sales in the last 5 years.

What rent does a studio near Sky Bay Hotel get?

The median rent for that home size in Business Bay was AED 65,000 a year. The publisher sample has 4,077 Ejari contract records. Publisher contract sample, register data to 22 Oct 2026; the lease period is not stated. No yield is calculated against the historical five-year sale median.

Sources

Source update: 26 Oct 2026. Source: Dubai Land Department open data via Dubai Pulse, re-published by Dubai Real Estate Data (dataset), licensed CC BY 4.0. Sales to 5 Oct 2026. aggregated to medians; non-residential, land and flagged rows excluded. Source for rents, yields and project records: Dubai Data (datadubai.ae), Continental Club Property, based on Dubai Land Department open data, data to 22 Oct 2026, licensed CC BY 4.0. Publisher contract sample, register data to 22 Oct 2026; the lease period is not stated. Publisher-reported gross yields use the publisher matched-segment sale-price denominator, not this page’s sale median; the matched-sale reporting period is not stated.