Project · #2432 by 12M value
Skyhills Residences - 2
Dubai Science Park (Dubiotech) · Hijazi Real Estate Development
Market bulletin · Thu, 22 Oct 2026
Skyhills Residences - 2: 4 sales worth AED 4.26M in 30 days
Skyhills Residences - 2 recorded 4 sales worth AED 4.26M in the 30 days to Thu, 22 Oct 2026. Over the last week 1 sale was registered (AED 770K), against 1 the week before.
By market over 12 months: developer off-plan sales 11.1%, off-plan resales 66.7%, secondary (ready) sales 22.2%.
In Dubai Science Park (Dubiotech), Skyhills Residences - 2 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 20 April 2024.
Leases registered in the last three months had a median annual rent of AED 70K.
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 | — |
| Oct 25 | — |
| Sept 25 | — |
| Aug 25 | — |
| Jul 25 | — |
| Jun 25 | — |
| May 25 | — |
| Apr 25 | — |
| Mar 25 | AED 1,382 |
| Feb 25 | AED 1,393 |
| Jan 25 | — |
| Dec 24 | — |
| Nov 24 | AED 1,313 |
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 | — | — |
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| Dec 25 | — | — |
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| Oct 25 | — | — |
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| Aug 25 | — | — |
| Jul 25 | — | — |
| Jun 25 | — | — |
| May 25 | — | — |
| Apr 25 | — | — |
| Mar 25 | AED 1,377 | — |
| Feb 25 | — | — |
| Jan 25 | — | — |
| Dec 24 | — | — |
| Nov 24 | — | — |
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 | 0 |
| Aug 26 | 0 | 0 | 0 |
| Jul 26 | 0 | 0 | 0 |
| Jun 26 | 0 | 2 | 0 |
| May 26 | 0 | 0 | 0 |
| Apr 26 | 1 | 2 | 0 |
| Mar 26 | 0 | 0 | 0 |
| Feb 26 | 0 | 1 | 0 |
| Jan 26 | 1 | 1 | 0 |
| Dec 25 | 0 | 3 | 0 |
| Nov 25 | 0 | 3 | 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 | — | AED 4.26M | — | — |
| Last 3 months | 4 | down 20.0% | AED 4.26M | — | — |
| Last 6 months | 9 | unchanged 0.0% | AED 9.31M | 1,423 | down 7.5% |
| Last 12 months | 18 | down 66.0% | AED 19.2M | 1,500 | up 8.4% |
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) | 2 | 11% | — | — | — |
| Off-plan resale | 12 | 67% | AED 1.03M | 1,513 | up 8.8% |
| Secondary (ready) | 4 | 22% | — | — | — |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 7 | 39% | AED 740K | 1,653 | up 15.0% |
| 1 bedroom | 9 | 50% | AED 1.03M | 1,405 | up 3.1% |
| 2 bedrooms | 2 | 11% | — | — | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 18 | 100% | AED 1.00M | 1,500 | up 8.4% |
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 70K |
| Sept 26 | AED 55K |
- Leases (12M)
- 43
- New leases
- 100%
- Median rent 3M
- AED 70K
- Rent/sqft 3M
- AED 107
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| Studio | 20 | AED 54K | AED 54K | 110 |
| 1 BR | 16 | AED 75K | AED 75K | 106 |
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 1.82M | 2 BR Apartment · 1,295 sqftSkyhills Residences - 2 · Dubai Science Park (Dubiotech) | 7 Oct |
| AED 975K | 1 BR Apartment · 694 sqftSkyhills Residences - 2 · Dubai Science Park (Dubiotech) | 1 Oct |
| AED 770K | Studio Apartment · 446 sqftSkyhills Residences - 2 · Dubai Science Park (Dubiotech) | 19 Oct |
| AED 695K | Studio Apartment · 459 sqftSkyhills Residences - 2 · Dubai Science Park (Dubiotech) | 9 Oct |
Questions about Skyhills Residences - 2
How many properties were sold in Skyhills Residences - 2 in the last year?
18 sales worth AED 19.2M were registered in the last 12 months: 11% developer off-plan, 67% off-plan resales and 22% secondary (ready) sales.
What is the average rent in Skyhills Residences - 2?
The median annual rent on leases registered in the last three months was AED 70K.
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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