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Skyhills Residences Tower 1 - West

Dubai Science Park , Dubai

AED 617,777
≈ AED 617,777
Construction Progress92%
Bedrooms
Studio
Size
448 sqft
Price/Sqft
AED 1,379
Developer

Description

Skyhills Residences Tower 1 West is an exciting new project in Dubai Science Park, developed by HRE Development and OCTA Properties. This development features 40 storeys, designed by QHC Architects & Engineers. It offers fully furnished studios, 1, 2 and 3-bedroom apartments, and duplexes. The layouts include balconies and built-in wardrobes in the bedrooms, with options for an additional study, laundry or storage room.

Residents will enjoy access to premium amenities such as a beach pool with sunken sunbeds, a yoga area, a co-working space, and more. The project will also feature a children's pool, pharmacy, beauty salon and barbershop on the ground floor.

Amenities & Features

Gym or Health Club
Swimming Pool
Barbeque Area
Business Center

Property Details

Property TypeApartment
ProjectSkyhills Residences Tower 1 - West
CommunityDubai Science Park
CompletionOff-Plan - Q3 2026
Parking1 space
CityDubai
FurnishedUnfurnished

Investment Analysis

Acquisition Costs

Property PriceAED 617,777
DLD Fee (4%)AED 24,711
Trustee FeeAED 4,200
Agency (2%)AED 12,356
Total InvestmentAED 659,044

Expected Annual Returns

Expected Annual RentAED 48,804
Service Charges (Est)-AED 6,720
Net Annual IncomeAED 42,084
Net Annual ROI6.4% (after expenses)
Payback Period15.7 years

How We Calculate These Numbers

The figures above are based on standard Dubai acquisition and income assumptions so you can compare properties consistently.

  • Total Investment = Property price + DLD fee (4%) + Trustee/registration fee + Agency (2% if applicable).
  • Net annual income = Expected annual rent − estimated service charges (e.g. based on AED per sqft).
  • Net ROI = (Net annual income ÷ Total investment) × 100.
  • Payback period = Total investment ÷ Net annual income (years).

Distance from Major Landmarks

Burj Khalifa13.6 km
Dubai Mall13.7 km
Dubai Airport (DXB)22.8 km
Mall of the Emirates6.8 km
Dubai Marina11 km