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DLD register · 1 Nov 20261,801 not completed1,239 under construction227 past DLD end date · median 7 mo238 registered to end in 2026487,805 units in pipeline
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DLD project no. 4137Not started684 units

Sobha SkyParks شوبا سكاي باركس Business Bay by Sobha L.L.C DLD status: Not started (DLD register as of 1 November 2026) DLD end date Dec 2032 73 months to go DLD register as of 1 November 2026. The end date is the one registered with DLD, not a handover forecast.

Business Bay towers along the Dubai Water Canal from above
Area photo: Business Bay, not this project
% built
0%
DLD register, 1 November 2026
Registered start
Apr 2026
DLD end date Dec 2032
Latest sales
4,252 AED/sqft
83 sales
1 BR estimate
2.82–2.91 M AED
Automated estimate, not a valuation
Developer
45 projects
17 completed · 7,444 units delivered

Completion

DLD status: Not started. 0% built, DLD end date 31 December 2032. DLD Project Status shows inspection reports once works begin.

DLD register readings
Date % built DLD end dateDLD status
28 October 2026 0% 31 December 2032Not started

Source: DLD projects register, export of 1 November 2026.

Inspection photos and reports

DLD’s Project Status service (Mashrooi) shows inspection details and site photos. Look the project up by its number.

CraneScore links to DLD and does not copy or host its photos or reports.

DLD registration

DLD services ↗
Developer
DLD project number
4137
Escrow agent
Abu Dhabi Islamic Bank
Zoning authority
Dubai Municipality
DLD area
Business Bay
Units · villas
684 · 0
Start → DLD end
Apr 2026 → Dec 2032
Registered units1 bed 123 · 2 bed 436 · 3 bed 88 · 4 bed 37; sizes 1,191–1,582 sqft

Counts from DLD's units register; villas from its buildings register. Sizes: the middle half of the homes' registered areas (25th to 75th percentile), villas by built-up area. Source: Dubai Land Department open data (units and buildings registers, export of 5 November 2026), under the Dubai Data Open Data Licence.

Description in the DLD register: Proposed Residential Development consisting of 5 Basement + Ground + 11 Podiums + 98 Floors + Roof

DLD's own services for this project, including the Dubai REST app: dubailand.gov.ae

Price historyRegistered sale prices for this project, in AED per sq ft, with the number of sales in each figure.

AED · sqft

Fewer than 5 home sales after the launch window in the last 12 months, so no comparison is shown.

Dubai Statistics Center residential price index (flats), 2026-Q1 to 2026-Q2: -3.2%.

Prices are over apartments, the type most sales in this project are.

Median AED/sqft (number of sales) by bedroom count, where both periods have at least 5 sales
Bedrooms Launch price Latest registered sales Change
1 BR 4,223 (45) 4,223 (45) 0%
2 BR 4,326 (27) 4,326 (27) 0%
3 BR 4,349 (10) 4,349 (10) 0%
Registered sales of apartments by bedroom count over the last 24 months, and the median AED/sqft of the latest off-plan sales (number of sales)
Bedrooms Sales, 24 months Latest median AED/sqft Latest sales
1 BR 45 4,223 (45) Nov 2025 – Nov 2026
2 BR 27 4,326 (27) Nov 2025 – Nov 2026
3 BR 10 4,349 (10) Nov 2025 – Nov 2026

Launch price: median AED/sqft of the project's off-plan home sales in the 90 days from its first one, for a first sale on or after 1 March 2020; Skyline Index uses the same rule. Latest: home sales of the last 12 months after the launch window, ready and off-plan; the change compares the same home types. The bedroom table compares the launch window with the last 6 months (12 when 6 have fewer than 5 sales). Off-plan registrations include developer sales and resales; DLD open data does not tell them apart. Sales more than 4 times off the median are left out.

Median AED/sqft by quarter

2026-Q1 → 2026-Q1

Median AED/sqft of registered sales per quarter (apartments). Source: DLD. Grey dashed line: DLD area Business Bay, median AED/sqft of off-plan sales of apartments by quarter. A quarter with fewer than 5 sales is left as a gap. The last quarter runs to 5 November 2026.

Registered sales per quarter

Registered sales per quarter, off-plan and ready units. Source: DLD.

Rents in DLD area Business Bay

New Ejari rent contracts for apartments across DLD area Business Bay, 12 months to 5 November 2026, against the 12 months before: the rent level around this project. No yield is shown before the project is completed.

Bedrooms Median annual rent New contracts Change on a year earlier
Studio AED 65,000 3,188 -7.1%
1 BR AED 90,000 5,050 -5.3%
2 BR AED 135,000 2,535 -3.6%
3 BR AED 185,000 607 -7.5%
4 BR AED 300,000 62 -3.2%

New single-unit contracts only; renewals and contracts over several units are left out. A bedroom count shows from 5 contracts, a change needs 5 in both years and a yield 10 ready sales.

Source: Dubai Land Department open data (Ejari rent contracts and registered sales), under the Dubai Data Open Data Licence.

Service charges

What owners pay a year in completed buildings of the project’s master community, from their owners’ association budgets. A building’s own charge is set by its own budget.

Apartment buildings’ budgets; villa and townhouse budgets are left out.
19.98 AED/sqft a year
Business Bay: median of 71 developments’ owners’ association budgets, 2026

Median AED per sq ft a year of residential owners’ association budgets, each development counted once, in the newest budget year with at least 10 developments. Plots, shared areas and hotel rooms are left out. A budget is not any one owner’s bill.

Source: Dubai Land Department, owners’ association budgets (service charges).

Registered sales

The newest sales DLD has registered in this project, as DLD publishes them.

The newest 10 of 83 registered sales in the 12 months to 5 November 2026
DateMarketType Size (sqft) Price (AED) AED/sqft
9 March 2026off-planApartment · 2 BR 1,460 6,167,190 4,224
23 February 2026off-planApartment · 1 BR 685 2,960,852 4,322
23 February 2026off-planApartment · 1 BR 716 2,933,919 4,098
23 February 2026off-planApartment · 1 BR 685 2,892,393 4,222
18 February 2026off-planApartment · 1 BR 716 3,023,368 4,223
12 February 2026off-planApartment · 3 BR 2,272 9,938,775 4,374
12 February 2026off-planApartment · 2 BR 1,582 6,922,563 4,376
12 February 2026off-planApartment · 1 BR 685 2,943,737 4,297
10 February 2026off-planApartment · 2 BR 1,582 6,922,563 4,376
10 February 2026off-planApartment · 1 BR 870 3,676,426 4,226

Each sale as DLD registers it. Off-plan registrations include developer sales and resales, which DLD open data does not tell apart. DLD publishes no buyer or seller names. Shown on this page only, not as a download.

Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence. DLD Transactions dataset · Licence

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Bedrooms

Estimated value range

Estimated value range
Bedrooms Range, AED Based on Compared at
1 BR 2,820,000 – 2,910,000 45 sales, 12 months This project
2 BR 4,900,000 – 6,620,000 27 sales, 12 months This project
3 BR 9,560,000 – 9,620,000 10 sales, 12 months This project
Automated estimate, not a valuation

Estimate as of 5 November 2026 Track this unit

Automated estimate from registered off-plan sales (developer sales and resales mixed); not a valuation by a registered valuer; not for mortgage or court use.

Payment scenarioEnter the developer’s plan to see what you pay and when. Handover starts at the DLD end date (Dec 2032); move it with the slider.

A scenario from your own inputs, not this project's verified payment plan.

Common plans

Plan shares add up to 100% (must be 100%).

Handover
Dec 2032
Paid by handover
AED 1,045,000
Fees included
Price paid at handover
100%
Total cost
AED 1,045,000
Fees: AED 45,000

Payments per quarter

AED

Payments per quarter, AED, fees included. Illustration from your inputs.

The DLD fee (4% of the price) and the fees above are paid at booking. With a resale price, the unit is sold at handover and the buyer takes over any unpaid balance; agent fees, mortgage costs and service charges are left out. An illustration from your inputs, not financial advice.

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LocationBusiness Bay · Dubai Municipality community

Rich Supermarket · 270 mzoom · 300 mWmart · 380 mBayside Park 1 · 400 mNexx Home Healthcare Services · 420 mBusiness Bay Metro Station · 500 mFamily Hub · 510 mJSS School · 730 mAl Safa High School · 750 mHorizon English School · 760 mSchool · 840 mBay Avenue ​Mall · 860 mAction Hub · 860 mAl Wasl Centre · 990 mMedcare Orthopaedics & Spine Hospital · 1.4 kmAl Raya Girl's School · 1.4 kmMazaya Shopping Centre · 1.5 kmProject location© OpenStreetMap contributors · Dubai Municipality · RTA · Makani
Project location Metro and tram Malls and supermarkets Schools and hospitals Parks and beaches

Places near the project

Straight-line distances from the project’s map pin, rounded to 10 m. The nearest place of each kind.

Metro stationBusiness Bay Metro Station · Red Metro line · 500 m
MallBay Avenue ​Mall · 860 m
SupermarketRich Supermarket · 270 m
HospitalNexx Home Healthcare Services · 420 m
SchoolJSS School · 730 m
ParkBayside Park 1 · 400 m
BeachBeach · 2.6 km

School ratings: KHDA’s school directory ↗ · Report a wrong location

Dubai Municipality · Makani · © OpenStreetMap contributors · RTA

New homes within 1.5 km

Open projects within 1.5 km of the pin: 41, with 16,373 units and villas.

2024: 2532025: 1,3032026: 3,3462027: 3,2632028: 1,2792029: 1,3642030: 2,4312031: 989No end date: 2,145

Open projects within 1.5 km of the pin, by DLD end year Highlighted: this project’s DLD end year.

Open projects in Business Bay: 52

Open projects in the same DLD area with a DLD end year from 2031 to 2033, by registered sales in 24 months.

Project Built DLD end date AED/sqft, 12 mo Sales, 24 mo
Avarra by Palace 0.1% Jun 2031 3,341 159
Lumena Alta by Omniyat 0% Apr 2031 — 1
Berkeley Tower 0% Dec 2031 — 0

AED/sqft: median of the project’s registered home sales in the last 12 months, ready and off-plan; a dash with too few sales.

Every project in Business Bay

Developer in DLD data Sobha L.L.C · DLD developer no. 966

Projects registered
45
17 completed · 22 under construction · 6 not started
Units delivered
7,444
30,108 in the pipeline
Median build time
41 months
completed projects measured: 17
Past the DLD end date
0
of 13 under construction with a DLD end date

Completed a month or more after their DLD end date: 2 of 17 completed projects with both dates. In 10 of them the completion date equals the DLD end date, which DLD may set at completion, so this count can understate the gap.

Sobha L.L.C is one of 6 DLD-registered developers we list together as Sobha. See the group

Source: DLD projects register, export of 1 November 2026. Medians: our calculation, 3 projects or more.

Source: Dubai Land Department open data: projects register (export of 1 November 2026) and registered sales to 5 November 2026; Dubai Statistics Center price index. Methodology · Report a data error