New homes in Sky Hills Residence 3 start at AED 685,000; keys are due Jun 2027; you pay 10% to book, 30% while it is built and 60% at the keys.
In the 12 months to Oct 19, 2026, Dubai Land Department recorded 1,449 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in Jumeirah Village Circle. Their median price is AED 1,928 per sq ft (about AED 669,000 at 347 sq ft). This project's from price is AED 1,974 per sq ft (AED 685,000 for its smallest home, 347 sq ft), 2% more.
Keys
Jun 2027
The developer's handover date
Payment plan
10 / 30 / 60
10% to book, 30% while it is built, 60% at the keys
Bedrooms
Studio to 3 beds
Sizes
347 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 1,974 per sq ft
Similar off-plan homes: AED 1,928 per sq ft
We couldn't match this project to the Dubai Land Department project register yet. Ask us for its RERA project number.
Paying for it
You pay 10% when you book, 30% as the building goes up, and 60% when you get the keys.
AED
When
Stage
Share
Amount
Now
Booking
10%
AED 68,500
Jan 2027
While it is built
15%
AED 102,750
Apr 2027
While it is built
15%
AED 102,750
Jun 2027
Keys
60%
AED 411,000
Booking payment, 10%
AED 68,500
Dubai Land Department fee (Oqood), 4%
AED 27,400
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 95,900
The dates are our estimate: we spread the construction share evenly between now and the keys. The developer's real dates follow the building work, so they can move.
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.
Every off-plan project in Dubai must have an escrow account at a bank, watched by RERA. Pay into that account, never to a person. Ask for the account number.
Budget for the service charge.
Buildings in this area paid a median of AED 19 per sq ft a year in 2023, from 5 buildings on the Dubai Land Department register. For the smallest home (347 sq ft) that is about AED 7,000 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 1,449 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in Jumeirah Village Circle, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
We compare with off-plan sales across Jumeirah Village Circle, as this project isn't on the Dubai Land Department register yet or has too few sales.
Dubai Land Department recorded 1,449 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in Jumeirah Village Circle, 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 1,928 per sq ft
AED 977 to AED 1,191 per sq ft
7 sales
AED 1,191 to AED 1,405 per sq ft
74 sales
AED 1,405 to AED 1,619 per sq ft
108 sales
AED 1,619 to AED 1,833 per sq ft
371 sales
AED 1,833 to AED 2,047 per sq ft
409 sales
This project's from price is in this band.
AED 2,047 to AED 2,261 per sq ft
240 sales
AED 2,261 to AED 2,475 per sq ft
234 sales
AED 2,475 to AED 2,688 per sq ft
6 sales
AED 977 per sq ftAED 2,688 per sq ft
This project AED 1,974 per sq ft
Half of the sales sold for AED 1,746 to AED 2,136 per sq ft
The median is the middle sale: half sold for less, half for more.
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Price per sq ft
Sales
AED 977 to AED 1,191 per sq ft
7
AED 1,191 to AED 1,405 per sq ft
74
AED 1,405 to AED 1,619 per sq ft
108
AED 1,619 to AED 1,833 per sq ft
371
AED 1,833 to AED 2,047 per sq ft
409
AED 2,047 to AED 2,261 per sq ft
240
AED 2,261 to AED 2,475 per sq ft
234
AED 2,475 to AED 2,688 per sq ft
6
The 3 closest sales
Picked from the 1,449 similar sales above, closest in size to this project's smallest home.
Oct 2026AED 693,913AED 2,000 per sq ftSkyhills Residences 3 - TOWER B, 347 sq ft
Jan 2026AED 699,534AED 2,016 per sq ftSkyhills Residences 3 - TOWER B, 347 sq ft
Dec 2025AED 708,554AED 2,042 per sq ftSkyhills Residences 3 - TOWER B, 347 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 Jumeirah Village Circle 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 685,000 here
Off-plan medianAED 741,000AED 1,825 per sq ft
Sales2,549
2% above 1,449 similar sales
1-bed apartment
Off-plan medianAED 1,159,000AED 1,497 per sq ft
Sales3,757
2-bed apartment
Off-plan medianAED 1,702,000AED 1,377 per sq ft
Sales885
3-bed apartment
Off-plan medianAED 2,249,000AED 1,425 per sq ft
Sales90
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
7.6%
Typical for similar ready homes
8.5%
Median rent of studio apartments in Jumeirah Village Circle
AED 52,000 a year
Rent contracts counted
5,438
Rented between
Apr 1, 2025 and Mar 31, 2026
Studio apartment
AED 52,000 a year
1-bed apartment
AED 75,000 a year
2-bed apartment
AED 110,000 a year
3-bed apartment
AED 145,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 52,000 ÷ AED 685,000 = 7.6%. 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
Jumeirah Golf Estates Metro Station5.5 km, 11 min driveMetro station
Nord Anglia International School2.8 km, 12 min driveSchool
JSS International School2.9 km, 9 min driveIndian school
Me'aisem City Center1.5 km, 3 min driveMall
Mediclinic Springs3.1 km, 6 min driveHospital
Jumeirah Lakes Towers6 km, 18 min driveOffices
The Els Club, Dubai Sports City3 km, 13 min driveGolf
Sky Hills Residence 3 is an HRE Development building of 499 apartments in Jumeirah Village Circle, with studios to 3-bedroom homes from AED 685,000 and handover listed for June 2027. The price check puts it 2.4% above 1,449 similar studio sales in the area over the 12 months to October 2026, and 60% of the price is due on handover.
The price check puts the from price per square foot 2.4% above 1,449 similar studio off-plan sales in Jumeirah Village Circle, registered with the Dubai Land Department over the 12 months to October 2026.
The plan is 10% on booking, 30% during construction and 60% on handover. At the from price you pay AED 68,500 to book, AED 205,500 during the build and AED 411,000 on handover, listed for June 2027, about seven months away. Separately, the 4% DLD fee comes to AED 27,400; ask when it is due.
The 499 freehold apartments range from studios to three bedrooms. The listing's size range shows only 347 sq ft, which matches the studios, but other figures in the listing give about 741 sq ft for one bedroom and 1,051 sq ft for two, with no size for three. The listing has no floor plans, so ask for the plan of your unit. Facilities include an outdoor gym, a tennis court, a swimming pool, a basketball court and a children's play area. The listing describes the residences as fully furnished; ask what is included.
By our map, Magnum Family Medical Center is about 350 m away. Nord Anglia International School is about 2.8 km away, about 12 minutes by car by our estimate, and JSS International School about 2.9 km (9 minutes). Jumeirah Golf Estates Metro Station is about 5.5 km, an 11-minute drive.
Median price of studio apartments in Jumeirah Village Circle, over the 12 months to each dateUp 14% from Dec 2024 to Sep 2026.
Dec 2024AED 1,601 per sq ft
Sep 2026AED 1,825 per sq ft
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12 months to
Median price
Sales
Sep 2026
AED 1,825 per sq ft
2,549 sales
Jun 2026
AED 1,794 per sq ft
3,446 sales
Mar 2026
AED 1,762 per sq ft
4,374 sales
Dec 2025
AED 1,751 per sq ft
4,521 sales
Sep 2025
AED 1,706 per sq ft
4,332 sales
Jun 2025
AED 1,671 per sq ft
3,978 sales
Mar 2025
AED 1,625 per sq ft
3,527 sales
Dec 2024
AED 1,601 per sq ft
3,576 sales
Off-plan sales registered with the Dubai Land Department.
Questions about this project
Who is the developer, and how many homes are there?
HRE Development. The building has 499 apartments in Jumeirah Village Circle.
Can foreigners buy here?
Yes. The listing gives the ownership as freehold.
Is the price above the market?
The price check puts the from price per square foot 2.4% above 1,449 similar studio off-plan sales in Jumeirah Village Circle over the 12 months to October 2026.
How much is due on handover?
60% of the price, or AED 411,000 at the from price. Before that you pay AED 68,500 on booking and AED 205,500 during construction. Separately, the 4% DLD fee comes to AED 27,400; ask when it is due.
What sizes can I buy?
Studios are about 347 sq ft. The listing gives about 741 sq ft for one bedroom and 1,051 sq ft for two, and no size for three, so ask for the floor plan.
When is handover?
Handover is listed for June 2027. Ask the developer for a construction update.
