Under constructionApartment

Business Bay · Dubai

Sobha Skyparks

by Sobha Group

© Sobha Group
62of 100
Sold from57 sales, 12 months · DLD; cheapest: all 1-beds
AED 2.92M≈ $794K
Listed fromper propertyfinder.ae, 1 Oct 2026
AED 2.86M
Buyers paid vs DLD median
+71%
Price, payment plan and homes ↓
DLD sales register · 10 Nov 2026See the 57 registered sales at Sobha Skyparks: date, size and price paid. Plus the 7 assessed factor scores and the score history. Free.Unlock free →

Price, payment plan and homes

Price per DLD; listed price per propertyfinder.ae, 1 Oct 2026
Sold from
AED 2.92M
57 sales, 12 months · DLD; cheapest: all 1-bedsListed from AED 2.86M
Bedrooms
1 bed to 3 bed
684 – 2,267 sqft · 684 units
Payment plan
20/50/30
AED 572K to book
Handover
Q4 2032
0% built per the DLD

Homes and floor plans

684 homes · Freehold

Pick a home: the plan and the forecast follow it.

  • Sobha Skyparks 1 bed apartment floor plan
  • Sobha Skyparks 2 bed apartment floor plan
  • Sobha Skyparks 3 bed apartment floor plan

Paid: middle half of each type's off-plan sales, Jan–Mar 2026 · DLD

Payment plan · 1-bed apartment

On AED 2.86M
  1. 20% at bookingAED 572K
  2. 50% during construction, until handover (Q4 2032)AED 1.43M
  3. 30% on handover (Q4 2032)AED 858K

Before the keys: AED 2M, 70% of the price.

Sobha Group’s own file on propertyfinder.ae, checked 30 Sep 2026

Open in the map

Location · Business Bay · Dubai

Mixed-use towers along the Dubai Canal, immediately south of Downtown.

Forecast

What the 1-bed apartment could be worth

The in-depth review

Why it scores 62

Price per sqft vs registered sales

Dubai Land Department open data · as of 10 Nov 2026

+71% above what buyers paid nearby

Buyers paid hereAED 4,250/sqft

57 off-plan sales, since 1 Jan 2026 · middle half AED 4,200 – AED 4,350

Business Bay median · apartmentsAED 2,482/sqft

Off-plan sales, last 6 months, 713 registered sales in the area · middle half AED 2,208 – AED 2,854

Asking now (est.)AED 4,124/sqft

Our estimate from the listed prices and unit sizes

See each of the 57 sales: date, size, price

Off-plan sales pace

5.7 a month

57 off-plan sales, since 1 Jan 2026

How this is measured

Buyers paid a median of AED 4,250/sqft in this project (off-plan sales, since 1 Jan 2026, 57 registered sales, as of 10 Nov 2026) against the DLD median of AED 2,482/sqft for apartments in Business Bay, as of 10 Nov 2026. DLD registers every sale in Dubai, and names the project on each. Both figures are sales of homes that were not built yet: this project's against its area's. Asking from AED 4,124/sqft (est.). Source: Dubai Land Department open data.

How the 62 was scored

7 of 8 factors · 85% of the weight · 10 Nov 2026
Confidence: high
How each factor was measured

Each factor with what it was measured on. Its score and the reasoning are in the full breakdown.

Price against what buyers actually paid
57 registered off-plan sales here, against the median of 713 off-plan sales in Business Bay · DLD
Developer track record
Our rating, 15 delivered projects, how its 10 finished buildings resell and who stands behind it
Payment plan
20% down · 50% during construction · 30% on handover
Location and infrastructure
Our rating of Business Bay, and 5 kinds of places measured from the pin · OpenStreetMap
How big the resale market is
2,006 resales of finished apartments in Business Bay this year · DLD
Construction on schedule
0% built, 0% due by now (handover Q4 2032): judged once 10% of the build is due · DLD
How much is still being built nearby
3,985 homes sold in Business Bay this year, 50% off-plan · DLD
The basics on file
Registration or escrow number on file · DLD

Confidence high: what buyers paid here is a median of 57 registered sales, against 713 in the area.

66 → 62 1 Oct 2026Scored since 24 Sep 2026 · 8 score changes

The formula is public: how the Rendr Score works. Our opinion, not investment advice. A figure you believe is wrong: alexk.dxb02@gmail.com.

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The full breakdown behind the 62

Free for 90 days. One sign-up opens everything on the site: the breakdown behind all 1,673 scored projects, the figures and reasons behind the developers' ranking, and rent, a mortgage and fees in every forecast. Nothing to pay.

  • The 57 registered sales here: date, size and price paid
  • The 7 assessed factor scores, with the figure and source behind each
  • Sobha Group's DLD record: 9 projects, 0 past their date
  • Score history since 24 Sep 2026 and why each move happened
  • Rent, a mortgage and fees in the forecast, year by year

See what buyers paid at Sobha Skyparks, and everything behind the 62.

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+971

Read by the person who runs Rendr, who works in real estate and may contact you about property. Never sold.

I am
Projects scored
1,673
projects scored
Factors
8
factors, formula public
Registers
ADREC · DLD
registered sales, not asking prices

Handover date

Q4 2032

Under construction · 0% built, the DLD's project register, 24 Sep 2026

What this means

Sobha Group: 15 projects delivered in the last ten years, typically on time, none cancelled.

Sobha Skyparks is due to hand over in Q4 2032. Construction is 0% complete according to the DLD's project register (24 Sep 2026). Handover dates are the developer's own estimate and off-plan schedules move, so confirm the current date in writing before paying anything.

DLD registration status

Verified 1 Oct 2026
  • Project registration4137
  • Escrow account29411206
  • Developer licenceNot published yet
Where the figures come from

Check it on dubailand.gov.ae. How to read the DLD register.

Figures from propertyfinder.ae, read 1 Oct 2026, last verified 1 Oct 2026. Construction figure from the DLD's project register, 24 Sep 2026. Launch date from the DLD's project register.

Before you pay: four things to check

  1. 1The escrow accountPay only into escrow account 29411206, and check it on dubailand.gov.ae first.
  2. 2The handover dateThe listed date is Q4 2032. The DLD shows 0% built on 24 Sep 2026. Ask for the date in the sales agreement.
  3. 3Today's price listAED 2,860,000 is a starting price from propertyfinder.ae, 1 Oct 2026. Ask for the unit's own price.
  4. 4The instalment dates20% at booking, 50% during construction, 30% at handover. Ask for each payment's date and amount.

About

Sobha Skyparks is Sobha's 99-storey apartment tower of 684 homes in Business Bay, Dubai, with one to three-bedroom apartments from about 684 to 2,267 sq ft.

Read more

The project is registered in Dubai as 4137, escrow account 29411206, and stood at 0% built at the register's last reading (2026-09-24).

Developer
Sobha Group
Area
Business Bay
Status
Under construction
Sales launch
1 Apr 2026
Total units
684
Storeys
99
Ownership
Freehold

Amenities

  • Indoor Swimming Pool
  • Landscaped Gardens
  • CCTV Security
  • Gymnasium
  • Restaurants
  • Children's Play Area

What’s nearby

straight-line distance
  • Supermarket or mall270 m
  • Hospital or clinic410 m
  • Metro or tram stop530 m
  • School730 m
  • Beach2.5 km

The nearest of each on OpenStreetMap, Sep 2026.

Rental yield nearby

gross, apartments

6.4% in Business Bay. A median rent of AED 114 per sqft a year on 9,195 new tenancy contracts, last 6 months, against AED 1,786 per sqft paid across 1,105 finished sales, last 6 months.

Before service charges, fees and empty periods; our arithmetic on Dubai Land Department open data figures, Nov 2026. The working

Sobha Skyparks: questions buyers ask

How much does Sobha Skyparks cost?

Registered sales at Sobha Skyparks start from AED 2,916,000 (about $794K): the cheapest tenth of 57 off-plan sales (all 1-beds), Jan–Mar 2026, per DLD. It is listed from AED 2,860,000, per propertyfinder.ae on 1 Oct 2026.

What is the price per sqft at Sobha Skyparks?

Buyers paid a median of AED 4,250 per sqft at Sobha Skyparks (off-plan sales, since 1 Jan 2026, 57 registered sales).

When is the Sobha Skyparks handover date?

Sobha Skyparks is expected to hand over in Q4 2032. The project is under construction, 0% built according to the DLD's project register.

What is the Sobha Skyparks payment plan?

Sobha Skyparks is offered on a 20/50/30 plan: 20% on booking, 50% during construction and 30% at handover.

Is Sobha Skyparks priced above or below what buyers paid nearby?

Buyers paid a median of AED 4,250 per sqft in Sobha Skyparks (off-plan sales, since 1 Jan 2026, 57 registered sales), which is 71% above the median of AED 2,482 per sqft that buyers actually paid for apartments in Business Bay, across 713 sales registered with DLD.

What is the Rendr Score of Sobha Skyparks?

Sobha Skyparks scores 62 of 100 on the Rendr Score, fair, as of 10 Nov 2026; 7 of its 8 factors are assessed, 85% of the weight.

What rental yield do apartments in Business Bay make?

About 6.4% gross for apartments in Business Bay, worked out from DLD's own figures: new tenancy contracts, last 6 months, against finished sales, last 6 months, before service charges and fees.

Who is the developer of Sobha Skyparks?

Sobha Skyparks is being developed by Sobha Group. It sits in Business Bay, Dubai.

Is Sobha Skyparks registered with DLD?

Sobha Skyparks is registered with the Dubai Land Department (DLD) under number 4137. Buyer payments go to escrow account 29411206. Check it at dubailand.gov.ae before you pay.

Changes

Listed 24 Sep 2026 · 1 change since, last 24 Sep 2026
  1. Payment plan stated: 20/50/30

    Source: propertyfinder.ae, read 24 Sep 2026

  2. Listed on the site

    Source: propertyfinder.ae, read 24 Sep 2026

Sold from

AED 2.92M

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