Project · #1954 by 12M value
Skyhills Residences - 1
Dubai Science Park (Dubiotech) · Hijazi Real Estate Development
Market bulletin · Thu, 22 Oct 2026
Skyhills Residences - 1: 4 sales worth AED 3.94M in 30 days
Skyhills Residences - 1 recorded 4 sales worth AED 3.94M in the 30 days to Thu, 22 Oct 2026, up 300.0% on the previous 30 days. Over the last week 1 sale was registered (AED 760K), against 1 the week before.
The median sale over the last three months was AED 1.04M, or AED 1,496/sqft.
By market over 12 months: off-plan resales 80%, secondary (ready) sales 20%.
In Dubai Science Park (Dubiotech), Skyhills Residences - 1 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 16 April 2024.
Leases registered in the last three months had a median annual rent of AED 76K.
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 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | AED 1,531 |
| Oct 25 | — |
| Sept 25 | — |
| Aug 25 | AED 1,498 |
| Jul 25 | AED 1,557 |
| Jun 25 | AED 1,294 |
| May 25 | — |
| Apr 25 | AED 1,509 |
| Mar 25 | AED 1,557 |
| Feb 25 | AED 1,466 |
| Jan 25 | AED 1,640 |
| Dec 24 | AED 1,488 |
| Nov 24 | AED 1,496 |
Off-plan vs resale vs secondary
Monthly median AED/sqft by market (months with 10+ sales)
View data table
| Date | Off-plan (developer) | Off-plan resale |
|---|---|---|
| Oct 26 | — | — |
| Sept 26 | — | — |
| Aug 26 | — | — |
| Jul 26 | — | — |
| Jun 26 | — | — |
| May 26 | — | — |
| Apr 26 | — | — |
| Mar 26 | — | — |
| Feb 26 | — | — |
| Jan 26 | — | — |
| Dec 25 | — | — |
| Nov 25 | — | — |
| Oct 25 | — | — |
| Sept 25 | — | — |
| Aug 25 | — | AED 1,498 |
| Jul 25 | — | — |
| Jun 25 | — | — |
| May 25 | — | — |
| Apr 25 | — | — |
| Mar 25 | AED 1,573 | AED 1,535 |
| Feb 25 | — | — |
| Jan 25 | — | — |
| Dec 24 | — | — |
| Nov 24 | — | AED 1,468 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 4 |
| Sept 26 | 0 | 0 | 1 |
| Aug 26 | 0 | 0 | 0 |
| Jul 26 | 0 | 0 | 0 |
| Jun 26 | 0 | 2 | 0 |
| May 26 | 0 | 3 | 0 |
| Apr 26 | 0 | 0 | 0 |
| Mar 26 | 0 | 0 | 0 |
| Feb 26 | 0 | 2 | 0 |
| Jan 26 | 0 | 3 | 0 |
| Dec 25 | 0 | 3 | 0 |
| Nov 25 | 0 | 5 | 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 | 4 | up 300.0% | AED 3.94M | — | — |
| Last 3 months | 5 | unchanged 0.0% | AED 5.20M | 1,496 | down 4.7% |
| Last 6 months | 10 | down 33.3% | AED 9.71M | 1,551 | up 0.1% |
| Last 12 months | 25 | down 81.8% | AED 28.6M | 1,549 | up 1.6% |
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 resale | 20 | 80% | AED 1.09M | 1,555 | up 3.9% |
| Secondary (ready) | 5 | 20% | AED 1.04M | 1,496 | — |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 7 | 28% | AED 750K | 1,649 | up 3.6% |
| 1 bedroom | 15 | 60% | AED 1.15M | 1,526 | up 2.2% |
| 2 bedrooms | 3 | 12% | — | — | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 24 | 96% | AED 1.03M | 1,548 | up 2.5% |
| AED 2M–10M | 1 | 4% | — | — | — |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | AED 67K |
| Sept 26 | AED 80K |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | — |
| Aug 25 | — |
| Jul 25 | — |
| Jun 25 | — |
| May 25 | — |
- Leases (12M)
- 38
- New leases
- 100%
- Median rent 3M
- AED 76K
- Rent/sqft 3M
- AED 100
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| Studio | 15 | AED 52K | AED 52K | 104 |
| 1 BR | 18 | AED 80K | AED 80K | 100 |
Competing projects in Dubai Science Park (Dubiotech)
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Skyhills Astra Building 2Hijazi Real Estate Development | 303 | 1,878 | — |
| Binghatti HillviewsBinghatti | 323 | 1,658 | — |
| Binghatti Hills Tower 2Binghatti | 212 | 1,589 | — |
| SAAS Hills Tower 1SAAS Properties | 88 | 1,741 | — |
| Skyhills Astra Building 1Hijazi Real Estate Development | 155 | 1,854 | — |
| Binghatti HillsideBinghatti | 187 | 2,160 | down 0.2% |
| Binghatti Hills Tower 1Binghatti | 77 | 1,444 | — |
| Vincitore Aqua DimoreVincitore Real Estate Development | 90 | 1,701 | — |
| SAAS Hills Tower 2SAAS Properties | 62 | 1,824 | — |
| Aqua FloraVincitore Real Estate Development | 80 | 1,751 | down 2.8% |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 1.26M | 1 BR Apartment · 958 sqftSkyhills Residences - 1 · Dubai Science Park (Dubiotech) | 12 Sept |
| AED 1.15M | 1 BR Apartment · 567 sqftSkyhills Residences - 1 · Dubai Science Park (Dubiotech) | 9 Oct |
| AED 1.04M | 1 BR Apartment · 711 sqftSkyhills Residences - 1 · Dubai Science Park (Dubiotech) | 1 Oct |
| AED 990K | 1 BR Apartment · 662 sqftSkyhills Residences - 1 · Dubai Science Park (Dubiotech) | 7 Oct |
| AED 760K | Studio Apartment · 454 sqftSkyhills Residences - 1 · Dubai Science Park (Dubiotech) | 22 Oct |
Questions about Skyhills Residences - 1
What is the average price per sqft in Skyhills Residences - 1?
The median sale price in Skyhills Residences - 1 over the last three months was AED 1,496 per sqft (median sale AED 1.04M), based on 5 sales registered with Dubai Land Department.
How many properties were sold in Skyhills Residences - 1 in the last year?
25 sales worth AED 28.6M were registered in the last 12 months: 0% developer off-plan, 80% off-plan resales and 20% secondary (ready) sales.
What is the average rent in Skyhills Residences - 1?
The median annual rent on leases registered in the last three months was AED 76K.
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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