Unit 517, Sky Bay Hotel: what it sold for and what it is worth now

Unit 517 at Sky Bay Hotel is a studio of 351 sq ft. It last sold for AED 1,520,500 on 19 May 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 1,025,000 today.

Value todayAED 1,025,000AED 984,000 to AED 1,226,000
Last saleAED 1,520,50019 May 2022 · Off-plan
Change since last sale-32.6%Building trend alone: AED 1,035,125
Bedroomsstudio
Size351 sq ft
Floor5 (from the unit number)
Position in the towerStack 17: units ending 17 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 517

DatePriceSizeAED/sq ftType
19 May 2022AED 1,520,500351 sq ft4,332Off-plan

Units ending 17 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
141728 Apr 2023AED 870,000349 sq ft2,493Resale
14172 Feb 2023AED 921,352349 sq ft2,640Resale
111730 Mar 2022AED 1,291,500349 sq ft3,701Off-plan
8179 Feb 2021AED 1,502,650349 sq ft4,306Off-plan
4178 Feb 2021AED 1,435,000351 sq ft4,088Off-plan
141719 Oct 2020AED 1,445,000349 sq ft4,140Off-plan
101726 Aug 2020AED 1,485,000349 sq ft4,255Off-plan
71719 May 2020AED 1,250,000351 sq ft3,561Off-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 (351 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 1,035,125. 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 517 at Sky Bay Hotel worth?

About AED 1,025,000 (range AED 984,000 to AED 1,226,000), based on AED 2,920 per sq ft from registered sales up to 15 Oct 2026.

When did unit 517 last sell?

19 May 2022, for AED 1,520,500 (off-plan). It has 1 registered sale.

Sales alert for Sky Bay HotelAll sales in Sky Bay Hotel

Unit 516 (Q 4) · Unit 518