A resale studio in Sky Bay Hotel sells for about AED 406,000

Pictures of Sky Bay Hotel

7 pictures of this building: a drawing, photos. Each shows its source; select one to open it there. A drawing is made by BUY DUBAI from real pictures and is marked as a drawing.

From the developer: The First Group

What The First Group publishes about Sky Bay Hotel. Pictures are the developer's artist's impressions, not photos of the building. Each fact shows where it comes from; a fact read from the developer's text is checked word for word.

Checked, not found: artist's impressions, floor plans, a video, a brochure or other PDF, facts we could check. We searched the developer site and the web on 10 Oct 2026. Ask The First Group for the latest brochure and floor plans.

Sky Bay Hotel on the map

Three views of the same place, from the same direction. The other towers we cover are on all three: click one to open its page.

3D: AI picture models of our towers (height and position from the map, detail approximate) and blocks from OpenStreetMap heights.

Resale and off-plan prices by bedroom

Resale = a completed home sold on. Off-plan = a home sold before the tower is complete, in most cases by the developer. The two are different markets, so we never mix them in one price. Sold = median price of sales in the 12 months to 14 Oct 2026. Asking and rent = live listings on 7 Oct 2026. Counts are in brackets. A median needs 5 sales or 3 listings.

Rents are asking rents, not registered contracts. Yield = asking rent divided by the median resale price, before service charge. 562 sales are hotel apartments and are marked in the list below.

Sales we leave out of every median, count and chart (250 of 562 here): bulk transfers, meaning 5 or more completed homes sold within two days at prices per sq ft within 25% of each other (0); a sale at exactly the same price as that unit's sale before (14); a size more than 1.6 times the usual size for the recorded type, or a "studio" above 750 sq ft (236). They stay in the list below with a label.

Resale price per sq ft rose 8% in a year

Median AED 4,217 per sq ft in the last 12 months (60 resale sales) against AED 3,907 in the 12 months before (71 resale sales).

What owners made: +1.5% a year, 36% sold at a loss

33 owners bought a home in Sky Bay Hotel and sold it again as a completed home 6 months or more later. Half of them held it for 1.9 years or more. A gain is the change in the price for each year held, before fees, service charge and rent.

Round trips: the same unit number sold twice, bulk transfers and same-price transfers out, 5 or more owners for each line. Only owners who sold are counted: an owner who waits for a better price is not here. An owner who bought off-plan paid in stages, so the gain on the cash paid in is higher than the gain on the price. Dubai figures: 55,901 round trips by the same rule, all areas, to 14 Oct 2026.

Every sale since 2020: 562 sales of 257 units

Newest first. Each sale is marked Resale or Off-plan. The last column shows the change from the same unit's sale before.

Sellers ask 5% less than buyers paid

8 homes are for sale in Sky Bay Hotel. The median advert asks 5% less per sq ft than the median resale sale of the same type in the last 12 months. 7 of 8 adverts ask the sold level or less. The median advert has been listed for 22 days; the oldest for 156 days.

Adverts: one reading on 7 Oct 2026. Sold prices: resale sales in this tower in the last 12 months, 5 or more of the type. An advert has no unit number, so we compare the price per sq ft with the type, not with the same unit. An asking price is not a sale price. Days listed is from the date on the advert: an agent can place a home again as a new advert, so the real time for sale can be longer. 1 adverts have the same type, size and price as another advert: they are probably the same home with a second agent. We cannot show price cuts over time or the time to sell yet: these need more than one reading.

Mortgage: what Sky Bay Hotel costs a month

The numbers start from the median sold price in this tower. Change any of them. The rate starts at 3.99%, the most common 3-year fixed rate in two bank comparison lists dated 5 October 2026. Fixed rates in those lists run from 3.75% to 4.69%. Three-month EIBOR, the base for variable rates, was 4.19% on 9 Oct 2026.

The official record: 625 registered sales since 2017

Dubai Land Department register for "SKY BAY HOTEL", 14 Sep 2017 to 12 Feb 2026: 625 hotel room sales, plus 33 gifts. This source has every year and every unit type, but no unit numbers.

Median AED per sq ft is shown for 3 or more sales in a year. 345 of these sales were off-plan and 280 were of completed units. What our unit list above does not have: sales before 2020; mortgages and gifts. For homes from 2020 to 12 Feb 2026 the register has 439 sales and our unit list has 529.

Which side faces what

The direction of each landmark from Sky Bay Hotel, and the towers within 150 m that can stand in the way. What a home really sees depends on its floor and its side of the building. We do not have the unit positions for this tower yet, so we cannot tell you the view of one unit.

Floor plans: where to see them

Short lets: no Airbnb listing matched to this tower

Source: Airbnb listing pages, read 9 Oct 2026. A listing is one advert. One home can have more than one advert. No listing found does not mean short lets are not allowed.

The building: 10 of 53 questions answered

Each answer names its source. Questions with no answer are listed as "checked, not found" so you know we looked.

Watch-outs

Building

Developer

Management

People

Parking

Around

Around Sky Bay Hotel

Shops, food and services

Source: Google Maps, read 16 Oct 2026. Straight-line distance from the tower. Each list shows the 10 nearest. Open the name to see it on Google Maps.

Method, sources and what we did not find