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Ready building · The First Group

Sky Bay Hotel, Business Bay

Highlights

Sky Bay Hotel at a glance

About Sky Bay Hotel

Sky Bay Hotel is a mixed-use building in Business Bay, Dubai, developed by The First Group. It holds about 714 units: studios, 1-bedroom apartments, commercial units. Depending on the unit, windows look out over Burj Khalifa.

The building was completed in 2021 and has been in use for about 5 years. 67 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 4,250 per sq ft.

Sky Bay Hotel is one of 257 buildings in Business Bay: 149 are complete and 61 are still being built.

In a nutshell

  • A mixed-use ready building
  • Located in Business Bay, Dubai
  • Developed by The First Group
  • Completed in Q3 2021
  • Unit types: Studio, 1 Bed, Commercial
  • Sizes from 70 to 5,720 sq ft
  • Views: Burj Khalifa
  • Service charge from AED 26.36 per sq ft
  • Burj Khalifa/Dubai Mall metro station 1.9 km away
Status
Ready
Developer
The First Group
Location
Business Bay, Dubai
Completed
Q3 2021
Unit types
Studio, 1 Bed, Commercial
Prices from
AED 369.0K
Median price per sq ft
AED 4,250
Service charge
AED 36.02 per sq ft (2025)
Nearest metro
Burj Khalifa Road, 1.2 km

Building details

Inside Sky Bay Hotel

Properties in Sky Bay Hotel

Studios in Sky Bay Hotel

There are about 669 of these in Sky Bay Hotel, from 210 to 570 sq ft. They have recently sold for a median of AED 406.0K, or AED 4,240 per sq ft.

1-bedroom apartments in Sky Bay Hotel

There are about 30 of these in Sky Bay Hotel, from 240 to 1,130 sq ft. They have recently sold for a median of AED 406.0K, or AED 1,710 per sq ft.

Commercial units in Sky Bay Hotel

There are about 15 of these in Sky Bay Hotel, from 70 to 5,720 sq ft. None has sold recently enough to quote a price.

Unit types in Sky Bay Hotel with sizes, median prices and rents
Unit typeUnitsSizeMedian priceMedian rent
Studio669210 sqft19.5 sqmt – 570 sqft53 sqmtAED 406K–
1 Bed30240 sqft22.3 sqmt – 1,130 sqft105 sqmtAED 406K–
Commercial1570 sqft6.5 sqmt – 5,720 sqft531.4 sqmtNo recent sales–

Recent transactions in Sky Bay Hotel

  • Sky Bay Hotel

    Business Bay

    AED 442.3K

    AED 5,026 /sqftAED 54,099 /sqmt

    ReadyApartment
    88 sqft8.2 sqmtStudioOwner27 Oct 2026

  • Sky Bay Hotel

    Business Bay

    AED 441.7K

    AED 4,247 /sqftAED 45,714 /sqmt

    ReadyApartment
    104 sqft9.7 sqmtStudioOwner27 Oct 2026

  • Sky Bay Hotel

    Business Bay

    AED 387.3K

    AED 3,654 /sqftAED 39,331 /sqmt

    ReadyApartment
    106 sqft9.8 sqmtStudioOwner22 Oct 2026

  • Sky Bay Hotel

    Business Bay

    AED 800K

    AED 4,571 /sqftAED 49,202 /sqmt

    ReadyApartment
    175 sqft16.3 sqmtStudioOwner22 Oct 2026

  • Sky Bay Hotel

    Business Bay

    AED 405.7K

    AED 4,610 /sqftAED 49,622 /sqmt

    ReadyApartment
    88 sqft8.2 sqmtStudioOwner15 Oct 2026

  • Sky Bay Hotel

    Business Bay

    AED 455K

    AED 4,461 /sqftAED 48,018 /sqmt

    ReadyApartment
    102 sqft9.5 sqmtStudioOwner28 Sept 2026

  • Sky Bay Hotel

    Business Bay

    AED 405.7K

    AED 3,722 /sqftAED 40,063 /sqmt

    ReadyApartment
    109 sqft10.1 sqmtStudioOwner23 Sept 2026

  • Sky Bay Hotel

    Business Bay

    AED 405.7K

    AED 3,900 /sqftAED 41,979 /sqmt

    ReadyApartment
    104 sqft9.7 sqmtStudioOwner8 Sept 2026

  • Sky Bay Hotel

    Business Bay

    AED 400K

    AED 4,000 /sqftAED 43,056 /sqmt

    ReadyApartment
    100 sqft9.3 sqmtStudioDeveloper8 Sept 2026

  • Sky Bay Hotel

    Business Bay

    AED 405K

    AED 3,293 /sqftAED 35,446 /sqmt

    ReadyApartment
    123 sqft11.4 sqmtStudioDeveloper12 Aug 2026

  • Sky Bay Hotel

    Business Bay

    AED 369K

    AED 4,193 /sqftAED 45,133 /sqmt

    ReadyApartment
    88 sqft8.2 sqmtStudioOwner11 Aug 2026

  • Sky Bay Hotel

    Business Bay

    AED 405K

    AED 1,709 /sqftAED 18,396 /sqmt

    ReadyApartment
    237 sqft22 sqmt1 BedDeveloper29 Jul 2026

  • Sky Bay Hotel

    Business Bay

    AED 370K

    AED 4,253 /sqftAED 45,779 /sqmt

    ReadyApartment
    87 sqft8.1 sqmtStudioOwner17 Jul 2026

  • Sky Bay Hotel

    Business Bay

    AED 491.7K

    AED 4,868 /sqftAED 52,399 /sqmt

    ReadyApartment
    101 sqft9.4 sqmtStudioOwner15 Jul 2026

  • Sky Bay Hotel

    Business Bay

    AED 400K

    AED 4,255 /sqftAED 45,800 /sqmt

    ReadyApartment
    94 sqft8.7 sqmtStudioDeveloper8 Jul 2026

  • Sky Bay Hotel

    Business Bay

    AED 768.4K

    AED 4,416 /sqftAED 47,533 /sqmt

    ReadyApartment
    174 sqft16.2 sqmtStudioOwner6 Jul 2026

  • Sky Bay Hotel

    Business Bay

    AED 442.3K

    AED 5,084 /sqftAED 54,724 /sqmt

    ReadyApartment
    87 sqft8.1 sqmtStudioOwner25 Jun 2026

  • Sky Bay Hotel

    Business Bay

    AED 475K

    AED 5,398 /sqftAED 58,104 /sqmt

    ReadyApartment
    88 sqft8.2 sqmtStudioOwner25 Jun 2026

  • Sky Bay Hotel

    Business Bay

    AED 405K

    AED 3,293 /sqftAED 35,446 /sqmt

    ReadyApartment
    123 sqft11.4 sqmtStudioDeveloper17 Jun 2026

  • Sky Bay Hotel

    Business Bay

    AED 405.7K

    AED 3,900 /sqftAED 41,979 /sqmt

    ReadyApartment
    104 sqft9.7 sqmtStudioDeveloper3 Jun 2026

Every sale in Sky Bay HotelEvery rent contract in Sky Bay Hotel

Service charges in Sky Bay Hotel

The 2025 service charge in Sky Bay Hotel is AED 36.02 per sq ft for accommodation, AED 26.36 per sq ft for commercial units, AED 26.36 per sq ft for offices, AED 33.76 per sq ft for shops. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department.

Service charges in Sky Bay Hotel
Unit typeRate per sq ftSizeYearly charge
Commercial (2025)AED 26.3670 sqft6.5 sqmt – 5,720 sqft531.4 sqmtAED 1,845 – AED 150,779
Offices (2025)AED 26.3670 sqft6.5 sqmt – 5,720 sqft531.4 sqmtAED 1,845 – AED 150,779
Retail (2025)AED 33.7670 sqft6.5 sqmt – 5,720 sqft531.4 sqmtAED 2,363 – AED 193,107

Source: Dubai Land Department service charge index. Rates are reviewed each year.

Available now

Properties for sale and rent in Sky Bay Hotel

Units in Sky Bay Hotel listed with fäm right now. Each listing has its own photos, price and the broker handling it.

Nearby amenities

Around Sky Bay Hotel

Transportation near Sky Bay Hotel

The nearest Dubai Metro station from Sky Bay Hotel is Burj Khalifa/Dubai Mall (red line, 1.9 km, about 6 min drive), then Business Bay (red line, 2.3 km, about 7 min drive). Stations planned on new lines nearby include Burj Khalifa Road (golden line, 1.2 km, about 14 min walk) and District 1 near High Speed Rail line (golden line, 1.4 km, about 5 min drive). Most residents will drive or take a taxi to the metro.

  • Burj Khalifa RoadGolden line · 1.2 km · about 14 min walk
  • District 1 near High Speed Rail lineGolden line · 1.4 km · about 5 min drive
  • Burj Khalifa/Dubai MallRed line · 1.9 km · about 6 min drive
  • Business BayRed line · 2.3 km · about 7 min drive
  • Business Bay InterchangeGolden line · 2.3 km · about 7 min drive
  • Financial CentreRed line · 2.5 km · about 7 min drive

Shopping and groceries near Sky Bay Hotel

The closest is Spinneys / south bridge downtowne Dubai, 0.7 km from Sky Bay Hotel (about 8 min walk).

  • Spinneys / south bridge downtowne DubaiSupermarket · 0.7 km · about 8 min walk
  • Dubai MallShopping Mall · 1 km · about 12 min walk
  • Spinneys / EMAAR Boulevard, Downtown DubaiSupermarket · 1.1 km · about 13 min walk
  • Al Maya / 8 Boulevard Walk, Downtown DubaiSupermarket · 1.3 km · about 5 min drive
  • Al Maya / Murooj Rotana, Murooj ComplexSupermarket · 1.7 km · about 5 min drive

Restaurants and hotels near Sky Bay Hotel

The closest is Al Manzil Hotel, 0.6 km from Sky Bay Hotel (about 7 min walk).

  • Al Manzil HotelHotel · 0.6 km · about 7 min walk
  • The Address HotelHotel · 0.7 km · about 8 min walk
  • Radisson Blu Hotel, Dubai DowntownHotel · 0.8 km · about 10 min walk
  • Vida Hotels and ResortsHotel · 0.9 km · about 11 min walk
  • Qamardeen HotelHotel · 1.1 km · about 13 min walk

Hospitals and clinics near Sky Bay Hotel

The closest is Al Amal Hospital, 3 km from Sky Bay Hotel (about 8 min drive).

  • Al Amal HospitalHospital · 3 km · about 8 min drive
  • Medcare HospitalHospital · 4.2 km · about 10 min drive
  • Internationl Medical CenterHospital · 4.4 km · about 11 min drive
  • Emirates HospitalHospital · 4.7 km · about 11 min drive
  • Manchester ClinicHospital · 4.7 km · about 11 min drive

Parks and leisure near Sky Bay Hotel

The closest is Al Quoz Pond Park, 3.2 km from Sky Bay Hotel (about 8 min drive).

  • Al Quoz Pond ParkPark · 3.2 km · about 8 min drive
  • Dubai Bowling CentreSports Academy · 3.2 km · about 8 min drive
  • Safa ParkPark · 3.7 km · about 9 min drive
  • Meydan TheatreTheatre House · 4.1 km · about 10 min drive
  • Meydan Grandstand and RacecourseStadium · 4.1 km · about 10 min drive

Schools near Sky Bay Hotel

The nearest is Jebel Ali School (Br of Taaleem Management (L L C)), 2.2 km away. Ratings are the KHDA's latest inspection grades.

  • Jebel Ali School (Br of Taaleem Management (L L C))UK · KHDA: Very good · 2.2 km
  • Hartland International School - FZUK - International Baccalaureate - UK/IB · KHDA: Very good · 2.6 km
  • North London Collegiate School Middle East L.L.C - FZInternational Baccalaureate · KHDA: Very good · 2.7 km
  • Japanese SchoolJapanese · KHDA: Good · 3 km
  • GEMS Our Own Indian SchoolIndian · KHDA: Very good · 3 km
  • Dubai International Private School - BrAmerican · KHDA: Good · 3 km

Other buildings in Business Bay

Business Bay has 257 buildings. A few others to compare Sky Bay Hotel with:

All 257 Business Bay buildings →

Things to consider about Sky Bay Hotel

In its favour

  • An active resale market: 67 sales in the last year make it easier to price and to sell.
  • Ready to move into or let, with no construction risk.
  • Several schools within 3 km.

Worth checking

  • Service charges of up to AED 36.02 per sq ft are on the higher side for Dubai.
  • The nearest running metro station is 1.9 km away, so a car helps.

Specialists

Brokers who know Sky Bay Hotel

These brokers handle sales and lettings in Sky Bay Hotel and can tell you what is available now.

FAQs

Sky Bay Hotel: questions answered

Sky Bay Hotel was developed by The First Group in Business Bay.

Sky Bay Hotel is completed in Q3 2021.

Across its 20 most recent registered sales, Sky Bay Hotel sold for a median of AED 4,250 per sq ft and AED 405.7K per unit.

The 2025 service charge for residential units in Sky Bay Hotel is AED 36.02 per sq ft a year, as registered with the Dubai Land Department.

Sky Bay Hotel has Studio (210 to 570 sq ft), 1 Bed (240 to 1,130 sq ft), Commercial (70 to 5,720 sq ft).

Burj Khalifa Road is about 1.2 km from Sky Bay Hotel.

The nearest schools include Jebel Ali School (Br of Taaleem Management (L L C)) (2.2 km), Hartland International School - FZ (2.6 km), North London Collegiate School Middle East L.L.C - FZ (2.7 km).

Buying, selling or renting in Sky Bay Hotel?

A broker who works Business Bay will tell you what is available and what comparable homes went for.

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