Sobha Skyparks: Apartments in Business Bay by Sobha Realty
Sobha Realty is developing Sobha Skyparks in Business Bay, one of Dubai's most centrally placed districts. The project covers one, two, and three-bedroom apartments, with prices running from AED 2.86 million to AED 9.35 million.
Business Bay: Location in Practice
Business Bay lies between Downtown Dubai and Dubai Creek, with Sheikh Zayed Road and Al Khail Road on its edges. The Dubai Water Canal runs through the district, connecting to the Creek. The Dubai Mall and Burj Khalifa are minutes away by car. The Business Bay Metro station on the Red Line connects residents to the wider network without needing to drive.
The address places residents within easy reach of Downtown Dubai and the central business corridor. That proximity is the foundation of the location proposition here, for both daily residents and investors targeting this part of the city.
What AED 2.86M to AED 9.35M Gets You
The price spread follows unit size. One-bedroom apartments start at AED 2.86 million and run from 684 to 868 sq ft across three layout types. Two-bedroom apartments carry a flat starting price of AED 4.75 million but cover 1,188 to 1,605 sq ft across eight different layouts. The three-bedroom unit is a single type at 2,267 sq ft and AED 9.35 million.
The per-square-foot rate shifts considerably across the range. The smallest one-bedroom at 684 sq ft works out to around AED 4,180 per sq ft. The largest two-bedroom at 1,605 sq ft comes in at roughly AED 2,960 per sq ft, despite sharing the same starting price as every other two-bedroom layout. The per-area rate at the larger end of the two-bedroom tier is the most competitive in the project.
The one-bedroom entry point suits investors and single professionals who prioritise a Business Bay address. For the two-bedroom tier, the price is uniform across all eight layouts, so the real differentiator is size: an 1,188 sq ft unit and a 1,605 sq ft unit cost the same at entry. The three-bedroom at AED 9.35 million targets buyers who need genuine family-scale space in central Dubai.
Amenities
| Category | Facilities |
|---|---|
| Recreation & Fitness | Indoor Swimming Pool, Gymnasium |
| Outdoor & Leisure | Landscaped Gardens, Children's Play Area |
| Dining | Restaurants |
| Security | CCTV Security |
The indoor pool gives residents year-round access regardless of season. Onsite restaurants reduce reliance on nearby venues for everyday meals, which is a practical draw for residents in a busy urban district. The amenity profile as a whole points toward families and residents who expect fitness, dining, and outdoor space within the building rather than depending on nearby options.
Handover at End of 2032
Construction started in April 2026, with expected completion at the end of December 2032, a build period of roughly six and a half years. Buyers entering now are committing at an early stage of the construction cycle, with work only recently underway.
The long timeline means construction payments will run through the first half of the 2030s. The 2032 handover date is the fixed point for any investment return timeline built around this project.
Getting In for 20%
| Stage | Payment |
|---|---|
| Down payment | 20% |
| During construction | 50% |
| At handover | 30% |
The 20% down payment sits at the standard Dubai off-plan entry level. The 50% during construction is the bulk of the cost, spread across the long build period through to end 2032. The final 30% is due at handover.
There is no post-handover payment option. The full price clears at key handover. For buyers planning to let the property, rental income starts only after December 2032, once the full purchase price has been settled.