Under constructionApartment

Business Bay · Dubai

Sobha Skyparks

by Sobha Group

60of 100
From
AED 2.86M
≈ $779K
Handover
Q4 2032
0% built
Homes
1 bed to 3 bed
684 – 2,267 sqft · 684 units
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Price per sqft vs registered sales

Dubai Land Department open data

AED 3,998/sqft (est.)

The DLD median for apartments in Business Bay is AED 2,524/sqft (as of 24 Sep 2026). This project's figure is our estimate from the starting price and the smallest unit, so it is not compared: the gap appears once the register shows this project's own sales or the developer states a price per sqft.

How the 60 was scored

6 of 7 factors · 95% of the weight · 24 Sep 2026
  • Price against what buyers actually paidAssessed · weight 25
  • Developer track recordAssessed · weight 20
  • Payment planAssessed · weight 15
  • Location and infrastructureAssessed · weight 15
  • How easy it is to sell laterAssessed · weight 10
  • Construction on scheduleAssessed · weight 10
  • The basics on fileNot assessed · weight 5
Confidence: lowThe price figure is our estimate from the starting price and the smallest home, not a registered or stated price.

Unchanged since the first scoreScored since 24 Sep 2026 · 0 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 working behind the 60

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  • Score history since 24 Sep 2026 and why each move happened
  • Sobha Group's DLD record: 9 projects, 0 past their date
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Projects covered
1,540
projects covered
Factors
7
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 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.

Payment plan

20/50/30

Down payment
20%
During construction
50%
On handover
30%

What you’d pay and when

On the starting price of AED 2,860,000, as the plan splits it.

  1. 20% at bookingAED 572,000≈ $156K
  2. 50% during construction, until handover (Q4 2032)AED 1,430,000≈ $389K
  3. 30% on handover (Q4 2032)AED 858,000≈ $234K

A unit’s own price, its instalment dates and any fees are in the developer’s sales agreement; confirm them there before paying anything.

Unit types

from AED 2.86M

1 bed

684 – 868 sqft

2 bed

1,188 – 1,605 sqft

3 bed

from 2,267 sqft

Apartment · 684 homes · Freehold

Full table
TypeBedroomsSize (sqft)PricePer sqft
Apartment1 bed684 – 868AED 2.86MAED 4,181
Apartment2 bed1,188 – 1,605AED 4.75MAED 3,998
Apartment3 bedfrom 2,267AED 9.35MAED 4,124

DLD registration status

  • Project registration4137
  • Escrow account29411206
  • Developer licenceNot published yet
Where the figures come from, and what escrow means

Sobha Skyparks is registered with the Dubai Land Department (DLD) under project number 4137. Buyer payments go to escrow account 29411206. An escrow account is a regulated account the developer cannot draw on freely: your payments go in and are released as building progresses. Escrow accounts and project registrations are published by the Dubai Land Department (DLD) on dubailand.gov.ae. Always check them, and pay into the escrow account only, before handing over a deposit. How to read the DLD register.

Figures from propertyfinder.ae (propertyfinder.ae/en/new-projects/sobha-realty/sobha-skyparks), read 2026-09-24; found in the Dubai web sweep; 83 off-plan sales registered with the DLD in 2026 under "Sobha SkyParks". Construction figure from the DLD's project register, 24 Sep 2026. Launch date from the DLD's project register.

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

Prices start at AED 2,860,000 on a 20% booking, 50% during construction and 30% on handover plan, with handover listed for the fourth quarter of 2032. 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).

The figures here are the starting price and plan as published for the project. Confirm the price, unit availability and service charge with the developer before committing.

  • Sobha apartment tower in Business Bay
  • One to three-bedroom apartments from 684 sq ft
  • 20/50/30 payment plan
  • Handover Q4 2032
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
Open in the map

Business Bay · Dubai

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

Sobha Skyparks: questions buyers ask

How much does Sobha Skyparks cost?

Prices at Sobha Skyparks start from AED 2,860,000 and reach AED 9,350,000 (about $779K) for 1-bedroom, 2-bedroom and 3-bedroom homes. Asking prices come from the developer and change without notice.

What is the price per sqft at Sobha Skyparks?

The asking price is around AED 3,998 per sqft, our estimate from the starting price and the unit sizes rather than a figure the developer has stated. Per-sqft prices vary by floor, view and finish within one building.

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. Handover dates are the developer's own estimate and off-plan projects can move, so confirm the current date in writing before you pay anything.

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. Developers change plans between phases, so confirm yours before signing.

What is the Rendr Score of Sobha Skyparks?

Sobha Skyparks scores 60 of 100 on the Rendr Score, fair, as of 24 Sep 2026. The score weighs seven factors: the price against what buyers paid in Business Bay according to DLD, the developer's record, the payment plan, location, resale, construction progress and the paperwork on file; 6 of the 7 are assessed here, 95% of the weight. Our opinion, not investment advice; every input is on this page.

Who is the developer of Sobha Skyparks?

Sobha Skyparks is being developed by Sobha Group. It sits in Business Bay, Dubai. You can see every project by Sobha Group we list, and how their asking prices compare with registered sales, on their page.

Can foreigners buy at Sobha Skyparks?

Sobha Skyparks is in a freehold area, so buyers of any nationality can own a home here outright rather than on a lease. Dubai sets which zones are freehold; confirm the title type on your own unit's contract before paying.

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. Every off-plan project must be registered and sell through an escrow account, where the money is released as building progresses. Check both at dubailand.gov.ae before you pay.

Changes

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

    Source: propertyfinder.ae (propertyfinder.ae/en/new-projects/sobha-realty/sobha-skyparks), read 2026-09-24; found in the Dubai web sweep; 83 off-plan sales registered with the DLD in 2026 under "Sobha SkyParks"

  2. Listed on the site

    Source: propertyfinder.ae (propertyfinder.ae/en/new-projects/sobha-realty/sobha-skyparks), read 2026-09-24; found in the Dubai web sweep; 83 off-plan sales registered with the DLD in 2026 under "Sobha SkyParks"

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