Unit 1516, Sky Bay Hotel: what it sold for and what it is worth now

Unit 1516 at Sky Bay Hotel is a studio of 352 sq ft. It last sold for AED 1,400,000 on 20 Apr 2022. At AED 2,920 per sq ft, from 9 sales in the building in the last 12 months (studio), it is worth about AED 1,028,000 today.

Value todayAED 1,028,000AED 987,000 to AED 1,229,000
Last saleAED 1,400,00020 Apr 2022 · Off-plan
Change since last sale-26.6%Building trend alone: AED 910,934
Bedroomsstudio
Size352 sq ft
Floor15 (from the unit number)
Position in the towerStack 16: units ending 16 share the same layout and view
BuildingSky Bay Hotel by The First Group, handed over 2021
Registered sales of this unit1

Every registered sale of unit 1516

DatePriceSizeAED/sq ftType
20 Apr 2022AED 1,400,000352 sq ft3,977Off-plan

Units ending 16 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
101620 Apr 2022AED 1,335,000352 sq ft3,793Off-plan
14163 Mar 2021AED 1,435,000352 sq ft4,077Off-plan
4168 Feb 2021AED 1,328,350351 sq ft3,784Off-plan
3168 Feb 2021AED 1,400,000351 sq ft3,989Off-plan
71618 May 2020AED 1,585,000351 sq ft4,516Off-plan

Latest studio sales in Sky Bay Hotel

UnitDatePriceSizeAED/sq ftType
717 (Q 2)15 Oct 2026AED 405,65088 sq ft4,610Resale
1609 (Q 1)28 Sep 2026AED 455,000102 sq ft4,461Resale
414 (Q 3)23 Sep 2026AED 405,650109 sq ft3,722Resale
706 (Q 3)8 Sep 2026AED 400,000100 sq ft4,000Resale
210 (Q 4)8 Sep 2026AED 405,650104 sq ft3,900Resale
423 (Q 3)12 Aug 2026AED 405,000123 sq ft3,293Resale
516 (Q 3)11 Aug 2026AED 369,00088 sq ft4,193Resale
612 (Q 2)17 Jul 2026AED 370,00087 sq ft4,253Resale

How we worked out the value

We took the 9 sales in Sky Bay Hotel in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 2,920). We multiplied it by the size of this unit (352 sq ft). The range uses the middle half of those sales (AED 2,805 to AED 3,491 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 910,934. Floor, view, condition and upgrades can move the price either way. Sales data to 15 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 1516 at Sky Bay Hotel worth?

About AED 1,028,000 (range AED 987,000 to AED 1,229,000), based on AED 2,920 per sq ft from registered sales up to 15 Oct 2026.

When did unit 1516 last sell?

20 Apr 2022, for AED 1,400,000 (off-plan). It has 1 registered sale.

Sales alert for Sky Bay HotelAll sales in Sky Bay Hotel

Unit 1512 · Unit 1521