Business Bay
Sobha SkyParks
Homes
Apartments
Handover
Dec 2032
Status
Off-plan
Price on request
by Sobha
Sobha SkyParks is a current off-plan development by Sobha in Business Bay, Dubai, registered with the Dubai Land Department (project 4137). The project comprises 684 residential units. Declared project value: AED 1,341M. Scheduled handover: Dec 2032. Register your interest with ERE Homes for floor plans, payment plans and launch pricing.
Project details
Developer
Sobha
Community
Home types
Apartments
Handover
Dec 2032
Project status
Off-plan
Construction
0% complete
DLD project no.
4137
Escrow
RERA-regulated account
Location
Sobha SkyParks sits here, in Business Bay, Dubai.
Open in Google Maps ↗Business Bay in numbers
Sales recorded
9,202
Median price
AED 2.09M
Median price per sqft
AED 2,550
Gross rental yield
7%
Business Bay recorded 9,202 registered sales in the 12 months to Sep 2026, at a median of AED 2.09M, or AED 2,550 per square foot. These are Dubai Land Department transactions, not asking prices, so they are what buyers actually paid.
Sobha SkyParks questions
Where is Sobha SkyParks located?
Sobha SkyParks is in Business Bay, Dubai, Dubai. It is registered with the Dubai Land Department as project 4137, which is the number to quote if you want to verify it on the DLD escrow register yourself.
When does Sobha SkyParks hand over?
The developer has scheduled handover for Dec 2032. Construction has not started yet, which is normal for a project at launch stage. Off-plan handover dates move. We track the DLD construction reports on this project and will tell you if it slips.
Who is the developer of Sobha SkyParks?
Sobha SkyParks is developed by Sobha. They currently have 6 projects on the Dubai Land Department off-plan register, which you can see on their developer page. Before you commit to any off-plan purchase we will look at that developer's actual delivery record rather than their brochure.
What do homes in Business Bay sell for?
Business Bay recorded 9,202 registered Dubai Land Department sales in the 12 months to Sep 2026, at a median of AED 2.09M and AED 2,550 per square foot. Sobha SkyParks has not published its price list yet, so ask us for launch pricing when it is released.
What types of home does Sobha SkyParks have?
Apartments. Floor plans and the unit mix per release come from the developer, and we can send you the current set with what is still available.
Is Business Bay a good area to invest in?
On the numbers, Business Bay is an active market: 9,202 sales registered with the DLD in the 12 months to Sep 2026 at a median of AED 2,550 per square foot. Volume that high means you can sell again when you want to, which matters more than a headline yield. Whether it suits you depends on whether you want income or capital growth, and we will pull the rental performance for the specific unit type you are considering.
Can foreigners buy at Sobha SkyParks?
Any nationality can buy freehold in Dubai's designated freehold areas, with no residency visa or UAE bank account required, and you can complete from overseas by Power of Attorney. A purchase at or above AED 2 million can also qualify you for the 10 year Golden Visa. We confirm the ownership type on this specific project in writing before you pay anything.
What is the payment plan on Sobha SkyParks?
Payment plans on off-plan are set by the developer per release and change between phases, so any plan published on a third party site is likely out of date. Your payments go into a RERA-regulated escrow account tied to this project rather than to the developer directly. Ask us for the current schedule, including whether there is a post-handover element.
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