Palm Jumeirah AED 3,524/sqftDubai Maritime City AED 3,152/sqftDowntown Dubai AED 2,905/sqftDubai Islands AED 2,770/sqftDubai Creek Harbour AED 2,563/sqftBusiness Bay AED 2,509/sqftDubai Marina AED 2,481/sqftDubai Hills Estate AED 2,448/sqftJumeirah Lakes Towers AED 2,306/sqftMohammed Bin Rashid City AED 2,097/sqftAl Jaddaf AED 2,049/sqftJumeirah Village Triangle AED 1,665/sqftDubai South AED 1,652/sqftArjan AED 1,584/sqftJumeirah Village Circle AED 1,491/sqftDubai Sports City AED 1,328/sqftALL DLD SALES · OFF-PLAN + EXISTINGPalm Jumeirah AED 3,524/sqftDubai Maritime City AED 3,152/sqftDowntown Dubai AED 2,905/sqftDubai Islands AED 2,770/sqftDubai Creek Harbour AED 2,563/sqftBusiness Bay AED 2,509/sqftDubai Marina AED 2,481/sqftDubai Hills Estate AED 2,448/sqftJumeirah Lakes Towers AED 2,306/sqftMohammed Bin Rashid City AED 2,097/sqftAl Jaddaf AED 2,049/sqftJumeirah Village Triangle AED 1,665/sqftDubai South AED 1,652/sqftArjan AED 1,584/sqftJumeirah Village Circle AED 1,491/sqftDubai Sports City AED 1,328/sqftALL DLD SALES · OFF-PLAN + EXISTING
DLD · MEDIAN 12M TO OCT 2026

Dubai Land Department register

Sky Bay Hotel

CompletedBusiness BayCompletion on file Mar 2021

711 homes on the DLD register in Business Bay, filed by T F G Real Estate L.L.C. 641 sales have been registered against it between 29 Apr 2015 and 29 Sep 2026.

Construction completeCompleted

Recorded at DLD's site inspection of 13 Jul 2021. That is an inspector's last visit, not today — the site has moved on since.

Developer entityT F G Real Estate L.L.C
Area (DLD)Business Bay
StatusCompleted
Homes711
Registered sales641
Project registry

THE DLD RECORD

Registry as at 4 Oct 2026
Registered developer entityT F G Real Estate L.L.C
Area (DLD)Business Bay
Master communityBusiness Bay
Project statusCompleted
Construction progress100.00% complete (DLD inspection, 13 Jul 2021)
Homes registered711
Buildings1
Registered start16 Apr 2016
Registered completion date1 Mar 2021
DLD project number1909
Description as recorded by DLD

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

Reproduced from the register verbatim, including its own abbreviations. It is the developer’s filed description, not our assessment of the project.

Project escrow account
Escrow trustee bankAbu Dhabi Islamic Bank
Escrow account28236192

Under Dubai Law No. 8 of 2007 every payment on a registered off-plan project goes into that project’s escrow account, held at a DLD-approved trustee bank and released to the developer against verified construction progress — not to the developer direct and not to a broker. Check these details in DLD’s own Dubai REST app against the project number above before you transfer anything, and treat any account number that differs from the one DLD shows as a reason to stop. Substituted account details are a known fraud in this market. Reproduced from the DLD register as at 4 Oct 2026; account details can change, and DLD’s record is the authority, not this page.

Source: Dubai Land Department project register. The developer, area, counts and filed dates are as recorded at 4 Oct 2026; the project status and escrow details as at 4 Oct 2026. Construction progress carries the date of the DLD site inspection that produced it, which is a different date again and is stated on the row — where the register holds no dated inspection, no percentage is published rather than an undated one. “Registered completion date” is the completion date on file at DLD; it is a date on record, not a guarantee of handover, and where that date has already passed it means only that the register has not been updated, not that the project handed over. Homes counted as registered apartments plus registered villas. Figures on this panel are the registry’s, and are stated as at different dates from the transaction figures elsewhere on the page. Registered completion: Mar 2021.

Registered sales

REGISTERED SALE PRICES

DLD register · as at 5 Oct 2026

641 sales were registered against Sky Bay Hotel between 29 Apr 2015 and 29 Sep 2026 — a span of 137 months. Those are completed registrations at the Dubai Land Department, not asking prices or listings.

Median AED/sqft
3,930
Across 82 apartment and villa sales since 28 Apr 2025
Median price
AED 406k
Median size 103 sqft
Registered sales
641
29 Apr 2015 to 29 Sep 2026
Vs area median
+105.9%
Business Bay: 1,909 AED/sqft, 2,308 sales, resale only, 12 months to 5 Oct 2026

The two figures behind that percentage are not drawn on the same population. This project’s median covers every registration type across the whole register we hold (28 Apr 2025 to 5 Oct 2026). The area figure covers resale only in Business Bay over the 12 months to 5 Oct 2026, pooled on the transaction register’s own area name, which does not always match the project register’s name shown above. Unit mix, floor level and view are not controlled for on either side, and neither is use class: DLD registers offices and shops as units, so registered retail and office sales are pooled into both figures, and retail trades at a materially higher rate per square foot than residential stock in the same building. In sectors where commercial space is a large share of what registers, the area figure sits well above the residential rate. Read it as an indication of where this project sits in its area, not as a like-for-like comparison.

Median AED/sqft by quarter
3,706Q2 2025n=113,653Q3 2025n=84,211Q4 2025n=114,081Q1 2026n=324,138Q2 2026n=114,211Q3 2026n=9

A quarter with fewer than 20 registered sales is drawn hollow, with its sale count underneath. The change between quarters is quoted only between quarters that reached 20. Points are spaced evenly rather than by date.

By unit size
TypeSalesMedian sizeMedian AED/sqft
Studio75102 sqft4,074
1 bedroom7237 sqft1,713

Every band shows its median with its sale count. A band with fewer than 5 registered sales is shown in a lighter tone: read it as those sales, not as the rate for that unit type.

Registration timing
Registration typeSalesMedian AED/sqft
Registered before completion0—
Registered after completion823,930

DLD splits registrations by timing: an off-plan registration is entered before the unit legally completes, an existing registration after. Where both appear, the gap between them reflects that difference as much as any movement in value. A side with fewer than 5 registered sales is shown in a lighter tone: read it as those sales, not as a rate.

Buildings in the register
BuildingSales
SKY BAY HOTEL65
The last 12 registrations to 5 Oct 2026
DateTypeUnitSizePriceAED/sqft
8 Sep 2026ExistingStudio104 sqftAED 405,6503,893
8 Sep 2026ExistingStudio100 sqftAED 400,0004,017
12 Aug 2026ExistingStudio123 sqftAED 405,0003,295
11 Aug 2026ExistingStudio88 sqftAED 369,0004,211
29 Jul 2026Existing1 bedroom237 sqftAED 405,0001,710
17 Jul 2026ExistingStudio87 sqftAED 370,0004,233
15 Jul 2026ExistingStudio101 sqftAED 491,6504,880
8 Jul 2026ExistingStudio94 sqftAED 400,0004,252
6 Jul 2026ExistingStudio174 sqftAED 768,3504,404
25 Jun 2026ExistingStudio87 sqftAED 442,3005,066
25 Jun 2026ExistingStudio88 sqftAED 475,0005,421
17 Jun 2026ExistingStudio123 sqftAED 405,0003,280

Basis: Dubai Land Department transaction register, arm’s-length sales of units and villas only. Gifts, mortgage registrations, zero-price rows, land plots and whole-building transfers are excluded, as are AED/sqft values outside 100–20,000. Figures are medians, not averages. The medians, trend and quarterly table above are drawn on the part of the register we hold in full detail, which runs from 28 Apr 2025 to 5 Oct 2026; 28 Apr 2025 is the earliest date there, not the date this project started selling. The sale count and date span in the opening sentence cover all registered history to 2 Oct 2026, from the transaction feed below. This page is a dated extract taken on 6 Oct 2026, not a live query. Past registered prices are evidence of what has been paid, not a forecast of future value.

Transaction history

ALL REGISTERED SALES

DLD register · to 2 Oct 2026
Median AED/sqft, last 6 months, apartments and villas
No transaction recorded.
Registered sales, all time
641
29 Apr 2015 to 29 Sep 2026
The latest 25 of 641 sales, newest first
DateProperty typeBedroomsArea (sq ft)Price (AED)AED per sq ft
29 Sep 2026Hotel RoomsStudio102455,0004,478
23 Sep 2026Hotel RoomsStudio218405,6501,864
8 Sep 2026Hotel RoomsStudio100400,0004,017
8 Sep 2026Hotel RoomsStudio104405,6503,893
12 Aug 2026Hotel RoomsStudio123405,0003,295
12 Aug 2026Hotel RoomsStudio88369,0004,211
30 Jul 2026Hotel Rooms1 B/R237405,0001,710
20 Jul 2026Hotel RoomsStudio87370,0004,233
16 Jul 2026Hotel RoomsStudio101491,6504,880
9 Jul 2026Hotel RoomsStudio94400,0004,252
6 Jul 2026Hotel RoomsStudio175768,3504,404
26 Jun 2026Hotel RoomsStudio87442,3005,067
26 Jun 2026Hotel RoomsStudio88475,0005,421
17 Jun 2026Hotel RoomsStudio124405,0003,280
4 Jun 2026Hotel RoomsStudio3561,471,6504,138
3 Jun 2026Hotel RoomsStudio104405,6503,889
12 May 2026Hotel RoomsStudio102224,9402,202
5 May 2026Hotel RoomsStudio109405,6503,728
30 Apr 2026Hotel RoomsStudio87402,6504,613
15 Apr 2026Hotel RoomsStudio96420,0004,384
14 Apr 2026Hotel RoomsStudio101475,9234,724
13 Apr 2026Hotel RoomsStudio103349,7303,388
31 Mar 2026Hotel RoomsStudio94420,0954,465
26 Mar 2026Hotel RoomsStudio124405,6503,283
16 Mar 2026Hotel RoomsStudio87405,0004,634

Source: Dubai Land Department sales register, every registered sale held against this project, as at 2 Oct 2026. The count is every registered sale, of any property type, over the project’s whole history. The median is a separate measure: it covers the 6 months to that date and uses only apartment and villa sales in that period that carry a price and an area. Offices, shops, land and other non-residential sales are listed above but never enter it. Areas are DLD’s square metres converted to square feet.

Location

REGISTERED SALES NEARBY

Nearest metroBusiness Bay Metro Station
Nearest mallDubai Mall
Nearest landmarkDowntown Dubai

These are the values DLD records against this project’s own registered sales, not a distance we measured. Where a project’s sales disagree, the most frequently recorded value is shown.

Next step

ASK US ABOUT SKY BAY HOTEL

This page is the public register — the project record as at 4 Oct 2026, and the transaction register to 5 Oct 2026.

  • AVAILABILITY

    On the register

    711 homes

    From the DLD project record as at 4 Oct 2026, filed at status “Completed” as at 4 Oct 2026.

    Not on the register

    What is available now

  • PRICE

    On the register

    641 registered sales

    Prices already paid, registered between 29 Apr 2015 and 29 Sep 2026.

    Not on the register

    At what price

  • PAYMENT TERMS

    On the register

    —

    The DLD project register carries no payment-plan data of any kind.

    Not on the register

    On what payment terms

  • THE SPECIFIC UNIT

    On the register

    12 recent registrations

    Listed above with date, size, price and AED per square foot.

    Not on the register

    How the specific unit compares with the ones already registered

Tell us your budget and objective and we will come back with the current position.

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