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Distress deals−18%21% below area sold prices

Skyhall

A distress deal for a bulk purchase of 54 1-bedroom apartments in Skyhall by Binghatti in Business Bay, with a total size of 45,087 sqft for AED 95,000,000.

Posted 4× · brokers: 1 · 16 Sept 2026 – 21 Sept 2026

✦ dxbpropy deal check

Well below what similar homes sold for

Asking vs sold
−21%
AED 2,107/sqft · 22,680/m² vs AED 2,669/sqft · 28,729/m²
Sold comps
1,799
1 BR · Off-plan · Business Bay · last 12 months
Typical sold price
AED 120.34M
AED 106.09M – AED 132.92M

No sales of this size in the same project in the last 12 months, so this compares with the wider area: a guide, not a like-for-like match.

Asking prices are not sold prices — always verify before transacting.

Area
Business Bay
Type
apartment
Bedrooms
1
Size
4,189 m² · 45,087 sqft
Price
AED 95.00M
Price per
AED 22,680/m² · AED 2,107/sqft
Original price
AED 116.13M−18.2%
Handover
Q1 2027

Description

DISTRESS DEAL: 1-BR IN BULK DEAL - 54 APARTMENTS IN SKYHALL Project – Bulk Deal - 54 Apartments In Skyhall Developer – Binghatti Area – Business Bay Type – Apartment Bedrooms – 1-BR Size – 45,087 sq.ft Floor – MID-HIGH View – Burj Khalifa, Community Park, Amenities Balcony – ✔ Handover – Q1 2027 💰SELLING PRICE: Original Price: AED 116,128,900 Selling price: AED 95,000,000 Discount: AED 21,128,900

Asking prices from the broker network, not registered transactions.