Project · #1414 by 12M value
Sky Hills Residence 2 JVC
Market bulletin · Thu, 22 Oct 2026
Sky Hills Residence 2 JVC: 3 sales worth AED 3.62M in 30 days
Sky Hills Residence 2 JVC recorded 3 sales worth AED 3.62M in the 30 days to Thu, 22 Oct 2026. Over the last week 1 sale was registered (AED 1.60M), against 0 the week before.
By market over 12 months: developer off-plan sales 80.6%, off-plan resales 19.4%. Off-plan resales traded at a median 12.9% premium to developer prices per sqft.
In Jumeirah Village Circle, Sky Hills Residence 2 JVC ranked #11 of 11 leading projects by 12-month sales value; it is developed by Hijazi Real Estate Development. Its first registered sale was on 10 March 2025.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | AED 1,669 |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | AED 1,514 |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | AED 1,586 |
| Aug 25 | AED 1,783 |
| Jul 25 | AED 1,732 |
| Jun 25 | AED 1,734 |
| May 25 | AED 1,697 |
| Apr 25 | AED 1,670 |
| Mar 25 | AED 1,637 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 1 | 1 | 0 |
| Sept 26 | 0 | 1 | 0 |
| Aug 26 | 0 | 0 | 0 |
| Jul 26 | 0 | 0 | 0 |
| Jun 26 | 10 | 1 | 0 |
| May 26 | 0 | 0 | 0 |
| Apr 26 | 0 | 3 | 0 |
| Mar 26 | 3 | 0 | 0 |
| Feb 26 | 4 | 0 | 0 |
| Jan 26 | 4 | 0 | 0 |
| Dec 25 | 5 | 0 | 0 |
| Nov 25 | 1 | 1 | 0 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 3 | — | AED 3.62M | — | — |
| Last 3 months | 3 | down 72.7% | AED 3.62M | — | — |
| Last 6 months | 14 | down 36.4% | AED 18.1M | 1,640 | up 8.7% |
| Last 12 months | 36 | down 84.4% | AED 46.7M | 1,549 | down 10.2% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Off-plan (developer) | 29 | 81% | AED 1.28M | 1,503 | down 12.8% |
| Off-plan resale | 7 | 19% | AED 803K | 1,697 | down 2.1% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 13 | 36% | AED 735K | 1,770 | up 1.0% |
| 1 bedroom | 15 | 42% | AED 1.29M | 1,475 | down 0.7% |
| 2 bedrooms | 7 | 19% | AED 1.84M | 1,514 | — |
| 3 bedrooms | 1 | 3% | — | — | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 32 | 89% | AED 1.19M | 1,549 | down 10.2% |
| AED 2M–10M | 4 | 11% | — | — | — |
Competing projects in Jumeirah Village Circle
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Binghatti AmberhallBinghatti | 406 | 1,695 | — |
| Serenz Tower ADanube Properties | 332 | 2,316 | up 5.6% |
| Luma Park ViewsTownX Real Estate Development | 227 | 1,472 | up 1.7% |
| Binghatti RubyBinghatti | 165 | 1,649 | — |
| The WeaveThe Weave Real Estate Development | 168 | 1,765 | — |
| Binghatti Royale JVCBinghatti | 111 | 2,396 | — |
| Binghatti ApexBinghatti | 202 | 1,422 | down 3.4% |
| 311 BoulevardBam Eskan Real Estate Development | 134 | 1,365 | — |
| Pearl House 4Imtiaz Real Estate Investment And Development | 138 | 1,455 | — |
| Binghatti CircleBinghatti | 151 | 1,725 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 1.60M | 1 BR Apartment · 1,068 sqftSky Hills Residence 2 JVC · Jumeirah Village Circle | 16 Oct |
| AED 1.22M | 1 BR Apartment · 837 sqftSky Hills Residence 2 JVC · Jumeirah Village Circle | 24 Sept |
| AED 803K | Studio Apartment · 421 sqftSky Hills Residence 2 JVC · Jumeirah Village Circle | 6 Oct |
Questions about Sky Hills Residence 2 JVC
How many properties were sold in Sky Hills Residence 2 JVC in the last year?
36 sales worth AED 46.7M were registered in the last 12 months: 81% developer off-plan, 19% off-plan resales and 0% secondary (ready) sales.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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