Sky Bay HotelBusiness Bay
1,032,000 AEDmarket
2,920 AED/ft²
Delivered: Q1 2021
Completed
Sky Bay Hotel
Business Bay
Studio, 1 BedApartment
Launch price
1,270,000 AED
Booking
-
Booking
Construction
-
Construction
Handover
-
Handover
Local Information
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Description
Sky Bay Hotel offers hotel apartments for sale in Business Bay, a completed project by The First Group. This 17-story building features 415 Hotel Apartments. The project is now known as The First Collection Business Bay. Construction was completed in 2022. It is located centrally in Business Bay, near the Burj Khalifa, The Dubai Mall, and The Dubai Fountain. The property provides access to the Business Bay Metro Station and major road networks like Sheikh Zayed Road. Views of the Dubai Canal are available from some units. The hotel provides a range of facilities for guests.
Price Analysis for Sky Bay Hotel
Apartment
Studio
13%
415 units
348 – 565 ft²
No market history available yet
Starting price
1.27M
3,373 /ft²
Current price
1.03M
2,920 /ft²
Every bedroom
priced differently.
All chartsLaunch curvesLive comparables
Price History for Sky Bay Hotel
| Date | Price | Type | Beds | |||
|---|---|---|---|---|---|---|
| 11 Feb 2026 | 1,027,705 | Hotel Apartment | Studio | 350 ft² | — | 2,936 |
| 4 Feb 2026 | 1,032,000 | Hotel Apartment | Studio | 414 ft² | — | 2,493 |
| 28 Jan 2026 | 1,039,556 | Hotel Apartment | Studio | 356 ft² | — | 2,920 |
| 11 Dec 2025 | 950,400 | Hotel Apartment | Studio | 356 ft² | — | 2,670 |
| 4 Dec 2025 | 990,000 | Hotel Apartment | Studio | 353 ft² | — | 2,805 |
| 12 Nov 2025 | 990,000 | Hotel Apartment | Studio | 351 ft² | — | 2,821 |
| 20 Oct 2025 | 1,435,000 | Hotel Apartment | Studio | 411 ft² | — | 3,491 |
| 7 Aug 2025 | 1,320,000 | Hotel Apartment | Studio | 349 ft² | — | 3,782 |
| 16 Jul 2025 | 1,100,000 | Hotel Apartment | Studio | 356 ft² | — | 3,090 |
| 27 Jun 2025 | 1,434,473 | Hotel Apartment | Studio | 411 ft² | — | 3,490 |
| 27 May 2025 | 831,000 | Hotel Apartment | Studio | 387 ft² | — | 2,147 |
| 2 May 2025 | 1,400,000 | Hotel Apartment | Studio | 356 ft² | — | 3,933 |
| 8 Apr 2025 | 784,500 | Hotel Apartment | Studio | 351 ft² | — | 2,235 |
11 Feb 2026
1,027,705
StudioHotel Apartment
350 ft²
—
2,936
4 Feb 2026
1,032,000
StudioHotel Apartment
414 ft²
—
2,493
28 Jan 2026
1,039,556
StudioHotel Apartment
356 ft²
—
2,920
11 Dec 2025
950,400
StudioHotel Apartment
356 ft²
—
2,670
4 Dec 2025
990,000
StudioHotel Apartment
353 ft²
—
2,805
12 Nov 2025
990,000
StudioHotel Apartment
351 ft²
—
2,821
20 Oct 2025
1,435,000
StudioHotel Apartment
411 ft²
—
3,491
7 Aug 2025
1,320,000
StudioHotel Apartment
349 ft²
—
3,782
16 Jul 2025
1,100,000
StudioHotel Apartment
356 ft²
—
3,090
27 Jun 2025
1,434,473
StudioHotel Apartment
411 ft²
—
3,490
27 May 2025
831,000
StudioHotel Apartment
387 ft²
—
2,147
2 May 2025
1,400,000
StudioHotel Apartment
356 ft²
—
3,933
8 Apr 2025
784,500
StudioHotel Apartment
351 ft²
—
2,235
A little more context
changes the read.
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Showing 13 most recent sales transactions
What's Available for Sky Bay Hotel
| Unit # | Type | Beds | From | Built-up | Int. Area | Ext. Area | Floor |
|---|---|---|---|---|---|---|---|
No units to display | |||||||
No units to display
Price Trends
For units in Business Bay
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FAQ
Sky Bay Hotel is located in Business Bay, which is a designated freehold area in Dubai. This status allows foreign nationals to hold full property ownership rights, including the ability to sell, lease, or pass the asset to heirs.
The building is primarily suited for investors seeking exposure to Dubai's hospitality sector through a managed hotel-apartment model. The property caters to business and leisure travellers visiting the nearby Downtown Dubai area, providing a consistent operational framework managed by The First Group.
This development features a 25-metre open-air swimming pool with sundeck views of the Burj Khalifa and a dedicated executive lounge known as NEST. These facilities are complemented by signature dining outlets, including The Blacksmith Bar & Eatery and Risen Café, which distinguish the hotel's lifestyle-oriented hospitality offer.
The tower is situated within the Business Bay district, which is served by the Business Bay Metro Station on the Red Line. The station provides direct transit links to major hubs including Downtown Dubai, Dubai Marina, and Dubai International Airport.
