Business Bay · Sobha Realty
Photos and renders of the building and grounds — not of this particular unit.
110-storey residential building in Business Bay. Developer — Sobha Realty.
Sobha SkyParks is a 110-storey residential building in Business Bay.
The developer is Sobha Realty.
Height — 450 metres.
There is not a single lot in this project in the database right now — it is refreshed every night, and listings here appear and go.
Sobha SkyParks is an announced 110-storey, 450-metre tower in Business Bay for which we still have no layouts, no date and no lots.
Sobha SkyParks is a Sobha Realty residential supertall in Business Bay: 110 storeys, 450 metres. Status: planned. The only amenity listed is landscaping.
Unit count, layouts and handover date are not in the passport. We have no lots in our stock as of 21 September 2026.
The same building also has a SkyParks page in the catalogue, with the same passport and a brochure handover date.
The project has been announced, but the passport doesn't record construction. A buyer at this stage takes on the longest horizon and the most uncertainty: both the timeline and the project itself can change.
Business Bay is the business district along the canal right next to Downtown, with the widest spread in build quality. Our database has 376 lots, median AED 3.5 million, AED 2,849/ft², 175 of them off-plan.
Sobha builds with its own construction arm and stakes its reputation on build quality — but at the announcement stage, the paperwork matters more than the reputation.
Propsearch passport: 110 storeys, 450 m, developer Sobha Realty, status planned. Our stock as of 21 September 2026: no lots in the project; Business Bay — 376 lots, median and price per square foot.
Since the start of 2026 (to 10 November) the Dubai Land Department has registered 83 sales in Sobha SkyParks, at a median price of AED 3 326 211 (AED 4 250 per sq ft).
| Year | Sales | Median price | AED/sqft | Total value |
|---|---|---|---|---|
| 2026, to 10 November | 83 | AED 3 326 211 | 4 250 | AED 396.3m |
Registered sales of all property types; 2026 is a partial year. Medians, not averages; with fewer than 5 sales no price is quoted. Off-plan share of sales over the last 12 months: 100%.
| Date | Unit | Status | Size, sq ft | Price | AED/sqft |
|---|---|---|---|---|---|
| 09/03/2026 | Apartment, 2-bedroom | off-plan | 1 460 | AED 6 167 190 | 4 225 |
| 23/02/2026 | Apartment, 1-bedroom | off-plan | 685 | AED 2 892 393 | 4 225 |
| 23/02/2026 | Apartment, 1-bedroom | off-plan | 685 | AED 2 960 852 | 4 325 |
| 23/02/2026 | Apartment, 1-bedroom | off-plan | 716 | AED 2 933 919 | 4 100 |
| 18/02/2026 | Apartment, 1-bedroom | off-plan | 716 | AED 3 023 368 | 4 225 |
| 12/02/2026 | Apartment, 2-bedroom | off-plan | 1 582 | AED 6 922 563 | 4 375 |
| 12/02/2026 | Apartment, 3-bedroom | off-plan | 2 272 | AED 9 938 775 | 4 375 |
| 12/02/2026 | Apartment, 1-bedroom | off-plan | 685 | AED 2 943 737 | 4 300 |
| 10/02/2026 | Apartment, 1-bedroom | off-plan | 870 | AED 3 676 426 | 4 225 |
| 10/02/2026 | Apartment, 2-bedroom | off-plan | 1 582 | AED 6 922 563 | 4 375 |
| 09/02/2026 | Apartment, 2-bedroom | off-plan | 1 229 | AED 5 039 433 | 4 100 |
| 06/02/2026 | Apartment, 3-bedroom | off-plan | 2 272 | AED 9 881 982 | 4 350 |
Buyer, seller and unit number are not part of the Land Department open data.
Source: Dubai Data (calculated from Dubai Land Department open data), data to 10 November 2026.
The stock refreshes every night, and lots here appear and go. Message me — I will check the closed bases and suggest the nearest alternatives in Business Bay.
Ask about this projectSobha Realty.
110. The building has 450 m tall.
Business Bay. The canal district next to Downtown: conceived as offices, built mostly as apartments, now one of the most tenanted parts of the city.
No open lots for the building today. I will check the price of the layout you are after in the closed databases and send it with every cost of the deal worked out.
What has been written about the building, its developer and Business Bay
Sobha Hartland is an 8 million sq ft single-developer master plan in MBR City with two international schools, plenty of green space and Downtown 10 minutes away. The trade-offs: entry from AED 1.17m, a median of AED 2.09m, no metro before 2032 and Hartland II under construction next door.
ValuStrat's Dubai index for September 2026 stood at 218.6, down 0.1% on the month and 4.5% on the year. 80% of villa and 77% of apartment communities saw no change. Off-plan took 70.3% of sales, led by Majan and JVC.
Berkeley Tower is Ellington Properties' AED 2.8 billion office tower in Business Bay: 60 floors above ground, 109 offices, an indicative AED 4,300–4,800 per sq ft, a 70/30 payment plan and handover in Q3 2030.
A shell and core office comes without floors, ceilings or partitions. It is cheaper than a fitted unit, but in our Business Bay model a 1,550 sq ft office needed AED 620,000 of fit-out, about AED 400 per sq ft, and 4–6 months without a tenant.
Dubai’s tallest completed residential tower is Princess Tower: 414 metres, 101 floors, 2013. Seven of the top ten stand in Dubai Marina. Taller ones are rising: Burj Binghatti Jacob & Co at 557 m, Tiger Sky Tower at 532 m, Six Senses Marina at 517 m.
Selling before handover returns 25% on capital if prices rise 10% and you have paid 40%. Renting pays 5.5–6.5% net every year. Flipping a villa: buy at AED 12.5m, spend 3m, sell from 19m. Three Dubai strategies compared on cash, time and risk.
Five mistakes Dubai property investors repeat: trusting the 8% listing yield when the net is 6.7%, comparing prices instead of payment plans, buying the district not the building, entering with no exit plan, and believing a guaranteed 7%.
Business Bay recorded 14 prime transactions in August 2026 against Palm Jumeirah's 10 — while Dubai-wide transaction volume fell 37% year-on-year and value fell 44%. Rental search demand rose 44% over the same period. What these seemingly contradictory numbers actually mean.
Corinthia Dubai, twin towers above 500 m on Sheikh Zayed Road with a rooftop pool and a Corinthia hotel, is due by 2030. Al Habtoor Group has announced an AED 5bn ($1.36bn) office tower in Al Habtoor City. What the two projects say about the market and who should care.
Message me for the free layouts in Sobha SkyParks, the real entry price and what owners and tenants say — not the brochure copy.
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