About Sky Residence

Location
Dubai
Project status
New project
Distance to the sea
10500 m
Developer
Expo City
Type of property
Development
Payment plan
50 / 50

SKY RESIDENCES in Dubai

Sky Residences in Dubai South is a residential development scheduled for completion in Q4 2026. The development comprises several buildings and offers luxury apartments ranging from 75 square metres to 205 square metres. The internal infrastructure includes a variety of amenities, such as adult and children's swimming pools with showers and sunbathing areas, an outdoor dining and recreation pavilion, barbecue areas, a multi-purpose room, playgrounds, a gym and shops.

1–3-bedroom units start at AED 1.7 million (USD 463,000). The development company working on the project is offering buyers the following payment plan:

  1. 10% down payment on the day of booking;
  2. 10% 1 month after booking;
  3. 5%  after 6 months;
  4. 5% after 12 months;
  5. 5% after 18 months;
  6. 5% after 24 months;
  7. 5% after 30 months;
  8. 5% upon completion of construction works;
  9. 50% within 60 months after the transfer of ownership (5% every 6 months).

Off-plan property in SKY RESIDENCES for investment

The value of real estate in the Emirate increases by an average of 25–35% from the launch of a project to the completion of construction. This allows investors who purchase at the excavation stage to secure a significant resale profit in just a few years.

Furthermore, luxury apartments in this new complex are expected to continue rising in price after completion due to their prime location, proximity to attractions and extensive range of amenities. Home prices in the emirate rose 21% year-on-year in Q2 2024, and this trend is expected to persist.

Off-plan properties for sale in SKY RESIDENCES can be a stable source of rental income. The average return on investment for 1-bedroom flats near the project is as high as 8.04% per annum. 1-bedroom apartments yield 7.25%, while 2-bedroom apartments yield 7.08%. Daily rental yields are typically much higher, allowing investors to recoup their investment in less than 10 years.

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Project details

Close to shopping malls
Close to schools
Close to the kindergarten
Prestigious district
City view
Street view
Beautiful view
Community view
Direct line to the security
Alarm system
Balcony
Fully fitted kitchen
Furnished
Premium class
New development project
New project
Children-friendly
Restaurant
Lobby in Building
Private Gym
Elevator
Covered parking
CCTV
Security
Children's playground
Transport accessibility
No industry facilities
Social and commercial facilities
Swimming pool
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Location

Close to shopping malls
Close to schools
Close to the kindergarten
Prestigious district
City view
Street view
Beautiful view
Community view

Features

Direct line to the security
Alarm system
Balcony
Fully fitted kitchen
Furnished
Premium class
New development project
New project

Indoor facilities

Children-friendly
Restaurant
Lobby in Building
Private Gym
Elevator
Covered parking

Outdoor features

CCTV
Security
Children's playground
Transport accessibility
No industry facilities
Social and commercial facilities
Swimming pool
Show all
Online viewing Sky Residence

Online viewing Sky Residence

Ideal properties for investment are available to you right now on the screen of your device. Reliability, simplicity and high profitability!

Layouts Sky Residence

  • 2D
    Living space 201.18m²
    Bathrooms 3
    Bedrooms 3
    Min. price 4 223 000 AED
  • 2D
    Living space 202.17m²
    Bathrooms 3
    Bedrooms 3
    Min. price 4 298 000 AED
  • 2D
    Living space 192.2m²
    Bathrooms 3
    Bedrooms 3
    Min. price 4 345 000 AED
  • 2D
    Living space 205.79m²
    Bathrooms 3
    Bedrooms 3
    Min. price 4 210 000 AED
Layout  1 out of 4

Comparison of parameters and prices in Sky Residence

Layouts Bedrooms Type of property Living space Price
3 bedrooms 4 223 000 AED
Bedrooms 3 bedrooms
Layouts Apartment
Living space 201.18 m²
Price 4 223 000 AED
3 bedrooms 4 298 000 AED
Bedrooms 3 bedrooms
Layouts Apartment
Living space 202.17 m²
Price 4 298 000 AED
3 bedrooms 4 345 000 AED
Bedrooms 3 bedrooms
Layouts Apartment
Living space 192.2 m²
Price 4 345 000 AED
3 bedrooms 4 210 000 AED
Bedrooms 3 bedrooms
Layouts Apartment
Living space 205.79 m²
Price 4 210 000 AED

Payment plan

Downpayment
On Booking
10%
DLD fee
Fee
4%
1st Instalment
1 month after reservation
10%
During Construction (6 month after reservation)
5 installments
25% (per 6 month 5%)
Final Payment
Upon delivery
5%
Post Handover (6 month after handover)
10 installments
50% (per 6 month 5%)

Consultation with an expert

We will help you with your choice at any time, we are online 24/7. You will receive complete information about the property you are interested in and the available layout options.

Uniqueness

SKY RESIDENCES by Expo City Dubai

The neighbourhood where the new complex is being developed follows the ‘city within a city’ concept. This ensures owners and tenants will be no more than 15 minutes away from key infrastructure, leisure, and recreational facilities. They will have exclusive access to kindergartens, schools, universities, supermarkets, hospitals, pharmacies, commercial centres, parks, cafés, and restaurants.

Some of the world's most iconic landmarks, such as Al Wasl Plaza, are located close to the project. It is a 130-metre diameter plaza under a stained-glass dome, featuring a garden and green spaces, as well as areas for lectures, musical performances, and theatre productions.

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Apartments in SKY RESIDENCES

The project offers apartments with 1–3 bedrooms. The 1-bedroom flats range in size from 75 to 102 square metres, 2-bedroom homes from 125 to 136 square metres, and 3-bedroom residences from 201 to 205 square metres. Their layouts include a living room, open kitchen, dining area, laundry room, 2–4 bathrooms, and spacious balconies. In addition to built-in wardrobes, some properties also feature a walk-in wardrobe and a maid's room with a separate toilet.

Light finishes and natural materials dominate the interior design. Each apartment is equipped with modern appliances from international brands and floor-to-ceiling windows offering breathtaking views of some of the Emirate's most renowned architectural landmarks.

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Map

Expo 2020 700 m
Al Furjan 8 km
Discovery Gardens 8.6 km
  • Museum 13 km
  • Hospital 5 km
  • Mall 2 km
  • Marina 12.5 km
Dubai South

Dubai South

Dubai South is an area comprising residential, commercial, entertainment, hotel, logistics and aviation zones. Spanning 145 square kilometres, it’s home to numerous schools and kindergartens, medical clinics, parks, golf courses, supermarkets, shopping centres and an international airport. The community is well-connected to the E311, E611 and E11 roads, providing residents with easy access to other neighbourhoods.

FAQ

  • What is the completion date of SKY RESIDENCES?

    The completion of construction and handover of the property is scheduled for Q4 2026.
  • Who is the developer of SKY RESIDENCES?

    The project is being developed by the Expo City Dubai development company.
  • What is the address of SKY RESIDENCES?

    The buildings will be located in Dubai South.
  • What are the offered unit types?

    The residential complex includes apartments with 1–3 bedrooms.
  • How much does an apartment cost in SKY RESIDENCES?

    At SKY RESIDENCES, prices from the developer start from AED 1.7 million (USD 463,000).
  • What are the payment plans for SKY RESIDENCES?

    Buyers can opt for an instalment payment plan with a 50/50 structure. The down payment is 10% of the property value. 35% is to be paid in instalments within 30 months from the date of booking, 5% upon completion of the project and the remaining 50% within 60 months of the handover.
  • Can a foreigner buy flats in SKY RESIDENCES?

    Foreigners have the right to own apartments in the new complex indefinitely, as it’s located within the freehold zone.
  • Can I obtain residency if I buy real estate in SKY RESIDENCES project?

    The minimum investment threshold for a two-year residence permit is AED 750,000 (USD 205,000), and for a five-year permit, it’s AED 2 million (USD 545,000). Therefore, foreigners can become residents regardless of which flat they choose.
  • Is SKY RESIDENCES a good place to live in Dubai?

    The strategic location in an area with developed infrastructure and iconic landmarks, modern interior designs, and exclusive amenities such as swimming pools for adults and children, a sky deck, outdoor sports areas and shops will make the complex a comfortable place to live and relax.
  • What are the pros and cons of living in Dubai South?

    The main advantages of the area are its self-sufficient infrastructure, including an international airport, proximity to the emirate's key motorways and an established transport system. However, as construction work is still ongoing, some residents may be concerned about noise.

Developer Expo City

Expo City Dubai is a property development company that creates high-quality residential, commercial, and mixed-use developments within Dubai. It is working to realise the concept of the ‘city of the future’ in the eponymous area of more than 4.5 km2, which is part of Dubai South. Foreigners invest in the developer's properties as they can become both a source of profit and a comfortable place to live and relax.

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Agent

Our team will help you to choose the ideal property in Sky Residence

Tim Ward

Property expert

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