New homes in Binghatti Skyhall start at AED 985,000; keys are due Dec 2026; you pay 20% to book, 50% while it is built and 30% at the keys.
In the 12 months to Oct 19, 2026, Dubai Land Department recorded 46 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in Binghatti Skyhall. Their median price is AED 2,734 per sq ft (about AED 1,086,000 at 397 sq ft). This project's from price is AED 2,481 per sq ft (AED 985,000 for its smallest home, 397 sq ft), 9% less.
Keys
Dec 2026
The developer's handover date
Payment plan
20 / 50 / 30
20% to book, 50% while it is built, 30% at the keys
Bedrooms
Studio to 1 bed
Sizes
397 to 1,032 sq ft
Ownership
Freehold
Property types
Apartment
Registration fee
4% of the price
Paid to the Dubai Land Department
Details from the developer, as of Nov 1, 2026. They can change; ask us to confirm before you book.
Dubai Land Department register
From price per sq ft
AED 2,481 per sq ft
Similar off-plan homes: AED 2,734 per sq ft
RERA project
3504
Check it in Dubai REST, the Dubai Land Department's official app.
Built
0%
Not started. DLD register, Jun 12, 2026
Completion on the register
Aug 2026
DLD shows only the current date, so we can't tell whether it has moved before.
Escrow account
بنك أبوظبي الأول ش.م.ع.
The bank that holds your payments
Registered homes
728
In 1 buildings
Paying for it
You pay 20% when you book, 50% as the building goes up, and 30% when you get the keys.
AED
When
Stage
Share
Amount
When you book
Booking
20%
AED 197,000
As it is built
While it is built
50%
AED 492,500
At the keys (Dec 2026)
Keys
30%
AED 295,500
Booking payment, 20%
AED 197,000
Dubai Land Department fee (Oqood), 4%
AED 39,400
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 236,400
The handover date (Dec 2026) is too close or already past to estimate the dates. Ask us for the developer's current schedule.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
Before you buy
Pay into the project's escrow account only.
This project's escrow account is at the bank named on the register above, watched by RERA. Pay into that account, never to a person.
Check the developer's record.
The Dubai Land Department project register lists 30 finished projects by this developer since 2015. 29 of the 30 were finished by the completion date DLD holds now. DLD replaces that date when a project is given more time and keeps no earlier dates, so this can't show which ones ran late.
Budget for the service charge.
Buildings in this area paid a median of AED 30 per sq ft a year in 2024, from 36 buildings on the Dubai Land Department register. For the smallest home (397 sq ft) that is about AED 12,000 a year.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
Is the price fair?
Dubai Land Department recorded 46 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in Binghatti Skyhall, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Dubai Land Department recorded 46 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in Binghatti Skyhall, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 2,734 per sq ft
AED 2,508 to AED 2,570 per sq ft
1 sale
AED 2,570 to AED 2,633 per sq ft
0 sales
AED 2,633 to AED 2,696 per sq ft
17 sales
AED 2,696 to AED 2,758 per sq ft
9 sales
AED 2,758 to AED 2,821 per sq ft
13 sales
AED 2,821 to AED 2,884 per sq ft
5 sales
AED 2,884 to AED 2,946 per sq ft
0 sales
AED 2,946 to AED 3,009 per sq ft
1 sale
AED 2,508 per sq ftAED 3,009 per sq ft
This project AED 2,481 per sq ft, below every sale
Half of the sales sold for AED 2,670 to AED 2,802 per sq ft
The median is the middle sale: half sold for less, half for more.
Show as tableShow as chart
Price per sq ft
Sales
AED 2,508 to AED 2,570 per sq ft
1
AED 2,570 to AED 2,633 per sq ft
0
AED 2,633 to AED 2,696 per sq ft
17
AED 2,696 to AED 2,758 per sq ft
9
AED 2,758 to AED 2,821 per sq ft
13
AED 2,821 to AED 2,884 per sq ft
5
AED 2,884 to AED 2,946 per sq ft
0
AED 2,946 to AED 3,009 per sq ft
1
The 3 closest sales
Picked from the 46 similar sales above, closest in size to this project's smallest home.
Nov 2025AED 1,113,000AED 2,798 per sq ftBinghatti Skyhall, 398 sq ft
Oct 2025AED 1,121,000AED 2,818 per sq ftBinghatti Skyhall, 398 sq ft
Jun 2026AED 1,079,000AED 2,706 per sq ftBinghatti Skyhall, 399 sq ft
Sale prices from Dubai Land Department, Oct 20, 2025 to Oct 19, 2026. Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Business Bay in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
Studio apartmentFrom AED 985,000 here
Off-plan medianAED 1,204,000AED 2,667 per sq ft
Sales868
9% below 46 similar sales
1-bed apartment
Off-plan medianAED 2,291,000AED 2,671 per sq ft
Sales1,749
Sale prices from Dubai Land Department, Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from price
7.4%
Typical for similar ready homes
7.4%
Median rent of studio apartments in Business Bay
AED 73,000 a year
Rent contracts counted
2,745
Rented between
Apr 1, 2025 and Mar 31, 2026
Studio apartment
AED 73,000 a year
1-bed apartment
AED 98,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 73,000 ÷ AED 985,000 = 7.4%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.
On your doorstep
Business Bay Metro Station1.9 km, 5 min driveMetro station
Mercato Beach4.8 km, 11 min driveBeach
Business Bay creek front550 m, 9 min walkWaterfront
Dubai International School1.8 km, 7 min driveSchool
Hartland International School2.7 km, 11 min driveBritish school
JSS School2.7 km, 9 min driveIndian school
Bay Avenue Mall1.5 km, 3 min driveMall
Nexx Home Healthcare Services1.7 km, 3 min driveHospital
Binghatti Skyhall is a Binghatti tower in Business Bay with studios and 1-bedroom apartments from AED 985,000, and a listed handover of December 2026, next month. The from price per square foot is 9.3% below 46 studio off-plan sales in the same tower.
The listed handover is December 2026, next month at the time of writing. Ask Binghatti whether the completion certificate has been issued and when handover is now expected. The Dubai Land Department lists 46 studio off-plan sales in Binghatti Skyhall in the 12 months to October 2026, and the from price per square foot is 9.3% below those 46 similar sales.
The plan is 20% on booking, 50% during construction and 30% at handover. At the from price that is AED 197,000 on booking, AED 492,500 during construction and AED 295,500 at handover. Separately, the 4% DLD fee comes to AED 39,400; ask when it is due. With the listed handover next month, ask when the 50% construction payment falls due, and get the dates of each payment before you commit.
Homes are studios and 1-bedroom apartments, with sizes from 397 to 1,032 sq ft. The listing gives about 397 sq ft for a studio and about 817 sq ft for one bedroom. Shared facilities include a gym, a shared pool, a children's pool and play area, a lobby, covered parking and 24-hour security. The listing gives the ownership as freehold.
A polyclinic is about 240 m away and the Business Bay creek front about 560 m, around a 9-minute walk. Business Bay Metro Station is about 1.9 km away, roughly 5 minutes by car. Dubai International School is about 1.8 km away and Hartland International School about 2.7 km.
The developer's plans. Sizes and layouts can change; ask us for the plan of the exact unit you're looking at.
Studio
1 BR
How prices moved
Median price of studio apartments in Business Bay, over the 12 months to each dateDown 6% from Dec 2024 to Sep 2026.
Dec 2024AED 2,832 per sq ft
Sep 2026AED 2,667 per sq ft
Show as tableShow as chart
12 months to
Median price
Sales
Sep 2026
AED 2,667 per sq ft
868 sales
Jun 2026
AED 2,706 per sq ft
2,699 sales
Mar 2026
AED 2,678 per sq ft
3,291 sales
Dec 2025
AED 2,658 per sq ft
3,689 sales
Sep 2025
AED 2,636 per sq ft
3,804 sales
Jun 2025
AED 2,601 per sq ft
2,413 sales
Mar 2025
AED 2,783 per sq ft
2,312 sales
Dec 2024
AED 2,832 per sq ft
2,018 sales
Off-plan sales registered with the Dubai Land Department.
Questions about this project
When is handover?
The listed handover is December 2026, next month. Ask for the completion certificate and the confirmed handover date before you pay.
Can foreigners buy here?
Yes. The listing gives the ownership as freehold, so foreign buyers can own their home outright.
How does the price compare with recent sales in the tower?
The from price per square foot is 9.3% below 46 studio off-plan sales in this tower in the 12 months to October 2026.
What does the payment plan cost at the from price?
AED 197,000 on booking, AED 492,500 during construction and AED 295,500 at handover. Separately, the 4% DLD fee comes to AED 39,400; ask when it is due.
What sizes are the homes?
Studios are about 397 sq ft and 1-bedroom homes about 817 sq ft, within a listed range of 397 to 1,032 sq ft.
How far is the metro?
Business Bay Metro Station is about 1.9 km away, around 5 minutes by car.
