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SKY BAY HOTEL

Completed

Developed by T F G REAL ESTATE L.L.C. Located in Business Bay.

Construction progress100%Expected 1 Mar 2021
Units4491 buildings · 0 villas
Registered sales63964 in the last 12 months
Median sale priceAED 1.29MMedian of registered salesAED 3,778/sqft

Registry record

Project number
1909
Name on the register
فندق سكاي باي
Developer
T F G REAL ESTATE L.L.C
Master developer
الخليج التجاري (ش.ذ.م.م)
Escrow agent
ABU DHABI ISLAMIC BANK
Zoning authority
Dubai Development Authority (DDA)
Master project
Business Bay
Start date
16 Apr 2016
Expected completion
1 Mar 2021
Actual completion
1 Mar 2021
Cancelled
Not recorded
Plots
0
Progress
100%

Sky Bay Hotel Building (B + G + P + 16 Floors + Roof) with internal and external finishes

Sales evidence

Median size
352 sqft
Median price per sqft
AED 3,778/sqft
Total value transacted
AED 708.22M
Off-plan vs ready
343 off-plan · 296 ready
First sale
29 Apr 2015
Latest sale
12 Aug 2026

Service charges (2022)

The owner-association charge approved by the Land Department, broken down by cost category. Totalling AED 133 per square foot per year — the recurring cost of ownership that an asking price never shows.

CategoryUsageManaged byAED/sqft
ServicesPublic FacilityPROFESSIONAL CHOICE REAL ESTATE L.L.C11.00
Reserved FundPublic FacilityPROFESSIONAL CHOICE REAL ESTATE L.L.C4.00
MaintenancePublic FacilityPROFESSIONAL CHOICE REAL ESTATE L.L.C4.00
Utilities ServicesPublic FacilityPROFESSIONAL CHOICE REAL ESTATE L.L.C11.00
Management ServicesPublic FacilityPROFESSIONAL CHOICE REAL ESTATE L.L.C1.00
InsurancePublic FacilityPROFESSIONAL CHOICE REAL ESTATE L.L.C0.00
Master CommunityPublic FacilityPROFESSIONAL CHOICE REAL ESTATE L.L.C0.00
ServicesOfficesPROFESSIONAL CHOICE REAL ESTATE L.L.C7.00
Reserved FundOfficesPROFESSIONAL CHOICE REAL ESTATE L.L.C4.00
MaintenanceOfficesPROFESSIONAL CHOICE REAL ESTATE L.L.C3.00
Utilities ServicesOfficesPROFESSIONAL CHOICE REAL ESTATE L.L.C9.00
Management ServicesOfficesPROFESSIONAL CHOICE REAL ESTATE L.L.C1.00
InsuranceOfficesPROFESSIONAL CHOICE REAL ESTATE L.L.C0.00
Master CommunityOfficesPROFESSIONAL CHOICE REAL ESTATE L.L.C0.00
ServicesRetailPROFESSIONAL CHOICE REAL ESTATE L.L.C7.00
Reserved FundRetailPROFESSIONAL CHOICE REAL ESTATE L.L.C4.00
MaintenanceRetailPROFESSIONAL CHOICE REAL ESTATE L.L.C4.00
Utilities ServicesRetailPROFESSIONAL CHOICE REAL ESTATE L.L.C9.00
Management ServicesRetailPROFESSIONAL CHOICE REAL ESTATE L.L.C1.00
InsuranceRetailPROFESSIONAL CHOICE REAL ESTATE L.L.C0.00
Master CommunityRetailPROFESSIONAL CHOICE REAL ESTATE L.L.C0.00
ServicesParkingPROFESSIONAL CHOICE REAL ESTATE L.L.C18.00
Reserved FundParkingPROFESSIONAL CHOICE REAL ESTATE L.L.C4.00
MaintenanceParkingPROFESSIONAL CHOICE REAL ESTATE L.L.C2.00
Utilities ServicesParkingPROFESSIONAL CHOICE REAL ESTATE L.L.C3.00
Management ServicesParkingPROFESSIONAL CHOICE REAL ESTATE L.L.C1.00
InsuranceParkingPROFESSIONAL CHOICE REAL ESTATE L.L.C0.00
ServicesHospitalityPROFESSIONAL CHOICE REAL ESTATE L.L.C16.00
Reserved FundHospitalityPROFESSIONAL CHOICE REAL ESTATE L.L.C4.00
MaintenanceHospitalityPROFESSIONAL CHOICE REAL ESTATE L.L.C5.00

Registered sales in this project

All sales
Registered property transactions from the Dubai Land Department
DateCommunityProject / buildingTypeBedsSizePrice/sqftPrice
12 Aug 2026Business BaySKY BAY HOTELBusiness BayHotel RoomsExisting PropertiesStudio123 sqftAED 3,295/sqftAED 405,000
12 Aug 2026Business BaySKY BAY HOTELBusiness BayHotel RoomsExisting PropertiesStudio88 sqftAED 4,211/sqftAED 369,000
30 Jul 2026Business BaySKY BAY HOTELBusiness BayHotel RoomsExisting Properties1 B/R237 sqftAED 1,710/sqftAED 405,000
20 Jul 2026Business BaySKY BAY HOTELBusiness BayHotel RoomsExisting PropertiesStudio87 sqftAED 4,233/sqftAED 370,000
16 Jul 2026Business BaySKY BAY HOTELBusiness BayHotel RoomsExisting PropertiesStudio101 sqftAED 4,880/sqftAED 491,650
9 Jul 2026Business BaySKY BAY HOTELBusiness BayHotel RoomsExisting PropertiesStudio94 sqftAED 4,252/sqftAED 400,000
6 Jul 2026Business BaySKY BAY HOTELBusiness BayHotel RoomsExisting PropertiesStudio174 sqftAED 4,404/sqftAED 768,350
26 Jun 2026Business BaySKY BAY HOTELBusiness BayHotel RoomsExisting PropertiesStudio87 sqftAED 5,067/sqftAED 442,300
26 Jun 2026Business BaySKY BAY HOTELBusiness BayHotel RoomsExisting PropertiesStudio88 sqftAED 5,421/sqftAED 475,000
17 Jun 2026Business BaySKY BAY HOTELBusiness BayHotel RoomsExisting PropertiesStudio123 sqftAED 3,280/sqftAED 405,000
4 Jun 2026Business BaySKY BAY HOTELBusiness BayHotel RoomsExisting PropertiesStudio356 sqftAED 4,138/sqftAED 1,471,650
3 Jun 2026Business BaySKY BAY HOTELBusiness BayHotel RoomsExisting PropertiesStudio104 sqftAED 3,889/sqftAED 405,650
12 May 2026Business BaySKY BAY HOTELBusiness BayHotel RoomsExisting PropertiesStudio102 sqftAED 2,202/sqftAED 224,940
5 May 2026Business BaySKY BAY HOTELBusiness BayHotel RoomsExisting PropertiesStudio109 sqftAED 3,728/sqftAED 405,650
30 Apr 2026Business BaySKY BAY HOTELBusiness BayHotel RoomsExisting PropertiesStudio87 sqftAED 4,613/sqftAED 402,650
15 Apr 2026Business BaySKY BAY HOTELBusiness BayHotel RoomsExisting PropertiesStudio96 sqftAED 4,384/sqftAED 420,000
14 Apr 2026Business BaySKY BAY HOTELBusiness BayHotel RoomsExisting PropertiesStudio101 sqftAED 4,724/sqftAED 475,923
13 Apr 2026Business BaySKY BAY HOTELBusiness BayHotel RoomsExisting PropertiesStudio103 sqftAED 3,388/sqftAED 349,730
31 Mar 2026Business BaySKY BAY HOTELBusiness BayHotel RoomsExisting PropertiesStudio94 sqftAED 4,465/sqftAED 420,095
26 Mar 2026Business BaySKY BAY HOTELBusiness BayHotel RoomsExisting PropertiesStudio124 sqftAED 3,283/sqftAED 405,650
16 Mar 2026Business BaySKY BAY HOTELBusiness BayHotel RoomsExisting PropertiesStudio87 sqftAED 4,634/sqftAED 405,000
11 Mar 2026Business BaySKY BAY HOTELBusiness BayHotel RoomsExisting PropertiesStudio88 sqftAED 4,583/sqftAED 405,000
10 Mar 2026Business BaySKY BAY HOTELBusiness BayHotel RoomsExisting PropertiesStudio100 sqftAED 4,074/sqftAED 405,650
10 Mar 2026Business BaySKY BAY HOTELBusiness BayHotel RoomsExisting PropertiesStudio104 sqftAED 3,538/sqftAED 369,000
10 Mar 2026Business BaySKY BAY HOTELBusiness BayHotel RoomsExisting PropertiesStudio123 sqftAED 3,300/sqftAED 405,650

Source: Dubai Land Department open data, retrieved from the Digital Dubai data.dubai platform. Figures cover registered transactions and Ejari-registered tenancy contracts, and are statistical summaries of public record — not a valuation of any individual property. Registration data can be amended or backdated by the source after first publication.