Sobha Skyparks is a residential project by Sobha Group in Business Bay, Dubai, with handover 31.12.2032.
Payment plan 70/30
- Down payment20%
- During construction50%
- On handover30%
Construction progress
- Handover31.12.2032
- Status date23.10.2025
- DLD project number4137
Data from the Dubai Land Department project registry (updated 13.08.2026 09:55).
Construction photos are taken by the technical inspectors of the Dubai Land Department (DLD) and remain its property. We show compressed copies; full-resolution originals are available in the Real Estate Project Status service.
All Dubai construction in the DLD register · Developer: Sobha Group · District: Business Bay
Recent transactions
| Date | Type | Size, m² | Price, AED |
|---|---|---|---|
| 09.03.2026 | 2 BR | 135.6 | 6 167 190 |
| 23.02.2026 | 1 BR | 66.5 | 2 933 919 |
| 23.02.2026 | 1 BR | 63.6 | 2 960 852 |
| 23.02.2026 | 1 BR | 63.6 | 2 892 393 |
| 18.02.2026 | 1 BR | 66.5 | 3 023 368 |
| 12.02.2026 | 1 BR | 63.6 | 2 943 737 |
| 12.02.2026 | 3 BR | 211.1 | 9 938 775 |
| 12.02.2026 | 2 BR | 147.0 | 6 922 563 |
| 10.02.2026 | 1 BR | 80.8 | 3 676 426 |
| 10.02.2026 | 2 BR | 147.0 | 6 922 563 |
| 09.02.2026 | 2 BR | 114.2 | 5 039 433 |
| 06.02.2026 | 2 BR | 147.0 | 6 843 448 |
| 06.02.2026 | 3 BR | 211.1 | 9 881 982 |
| 05.02.2026 | 4 BR | 241.7 | 12 421 781 |
| 04.02.2026 | 2 BR | 147.0 | 6 883 005 |
| 04.02.2026 | 3 BR | 211.1 | 9 881 982 |
| 04.02.2026 | 2 BR | 110.7 | 5 063 663 |
| 04.02.2026 | 1 BR | 63.6 | 2 892 393 |
| 29.01.2026 | 1 BR | 66.5 | 2 916 029 |
| 28.01.2026 | 1 BR | 66.5 | 2 916 029 |
Dubai Land Department transaction registry, updated 2026-08-12. Explore Dubai property transactions →
Places nearby
About the project
Sobha Skyparks is a 684-unit residential development by Sobha in Business Bay, beside Sheikh Zayed Road. The project is planned as a 450-metre tower containing apartments, duplexes and penthouses. It is active, with a recorded construction completion ratio of 0.00% and a completion date of 31 December 2032.
The tower and SkyParks concept
Sobha Skyparks is planned to rise 450 metres above Sheikh Zayed Road in Dubai. Its defining feature is a series of four vertical SkyParks, bringing landscaped spaces, pools, fitness areas and gardens into the tower. The development combines residential accommodation with shared spaces intended for work, recreation and wellness. The building is set within Business Bay, a mixed-use district on the Dubai Canal corridor that includes office towers, residential high-rises, waterfront promenades and public spaces. Business Bay lies immediately southwest of Downtown Dubai and is adjacent to Sheikh Zayed Road, placing the project within central Dubai’s urban spine.
Homes and residence types
The project is planned to offer one-, two- and three-bedroom apartments, together with duplexes and penthouses. Available home sizes range from 685 sq ft to 2,271 sq ft. Indicative starting prices are AED 2.86 million for one-bedroom apartments, AED 4.75 million for two-bedroom apartments and AED 9.35 million for three-bedroom apartments. Duplex and penthouse pricing varies by floor and view. The tower’s homes are positioned to capture views towards Downtown Dubai, Burj Khalifa and the Arabian Gulf. Sobha Skyparks has 684 units recorded across a total project area of 94,083.79 square metres.
Amenities and shared spaces
The shared amenity programme includes four vertical SkyParks with pools, fitness zones and gardens. An infinity pool, gym and jogging track provide dedicated spaces for swimming and exercise. The project also includes a Zen garden, yoga and meditation area, library, lounge, community kitchen, farm and arcade room. For work and meetings, Sobha Skyparks includes a business lounge and meeting rooms. These facilities sit alongside the building’s residential accommodation, with the SkyParks forming the principal landscaped and recreational element of the tower.
Business Bay setting and nearby places
Sobha Skyparks is in Business Bay, a central Dubai district along the Dubai Canal. The area is connected to Sheikh Zayed Road and Al Khail Road through its local road network, and is served by the Dubai Metro Red Line. Burj Khalifa and Downtown Dubai are 1.5 km from Business Bay, while The Dubai Mall is 1.9 km away. Dubai International Airport is 12.6 km from the district. Closer to the project, Business Bay West Park is 0.4 km away, Action Park Business Bay is 0.9 km away and Bay Avenue Mall & Park is 1.0 km away. Dubai Bowling Center is 1.4 km away, and Boxpark and Roxy Cinema at Boxpark are each 1.6 km away.
Payment plan and completion
Sobha Skyparks is offered with a 70/30 payment plan. The stated structure is 20% on booking, 50% during construction and 30% on handover. The project is recorded as active. Its construction completion ratio is 0.00%, based on an inspection dated 23 October 2025. The recorded project start date is 1 April 2026, and the recorded completion date is 31 December 2032. These dates place the development in its early delivery stage, with the final payment portion scheduled at handover under the stated plan.
About Sobha
Sobha is the developer of Sobha Skyparks. Founded in Oman in 1976, Sobha has a portfolio of residential and commercial projects across the UAE, Oman, Bahrain, Brunei and India. The company has delivered more than 13 million sq ft of real estate. Its operations include an in-house design studio and an independent quality-control department. Sobha Skyparks forms part of the developer’s Dubai residential portfolio, with a tower format, vertical landscaped spaces and a range of apartment, duplex and penthouse residences.
Registered transactions in Sobha Skyparks
Dubai Land Department records for this building: closed transaction prices, not asking prices or estimates. Figures are medians, so a single expensive sale does not move them.
What buyers actually paid
| Type | Size, m² | Price, AED | Per m² | Deals |
|---|---|---|---|---|
| 1 bedroom | 66 | 2 960 852 | 44 861 | 45 |
| 2 bedrooms | 125 | 5 700 624 | 45 605 | 27 |
| 3 bedrooms | 211 | 9 936 211 | 47 091 | 10 |
Median across all recorded deals in this building. Rows with fewer than five deals are omitted: there is nothing to average there.
Source: Dubai Land Department transaction register. The register is updated daily; the figures here are recalculated weekly.
