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Skyhills Residences 3, Jumeirah Village Circle: photos

Off-planKeys Jun 2027

Skyhills Residences 3

New homes in Jumeirah Village Circle, by HRE Development

New homes in Skyhills Residences 3 start at AED 710,000; 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 Nov 9, 2026, Dubai Land Department recorded 1,374 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in Jumeirah Village Circle. Their median price is AED 1,942 per sq ft (about AED 715,000 at 368 sq ft). This project's from price is AED 1,929 per sq ft (AED 710,000 for its smallest home, 368 sq ft), 1% less.

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 2 beds
Sizes
368 to 3,220 sq ft
Ownership
Freehold
Property types
Apartment
Registration fee
4% of the price
Paid to the Dubai Land Department

As of Nov 1, 2026. These details can change; confirm them with the developer before you book.⁠

Dubai Land Department register

From price per sq ft
AED 1,929 per sq ft
Similar off-plan homes: AED 1,942 per sq ft

We couldn't match this project to the Dubai Land Department project register yet. The developer can give you 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.

WhenStageShareAmountPaid by then
NowBooking10%AED 71,000+ AED 28,400 DLD feeAED 99,400
Jan 2027While it is built15%AED 106,500AED 205,900
Apr 2027While it is built15%AED 106,500AED 312,400
Jun 2027Keys60%AED 426,000AED 738,400
Booking payment, 10%
AED 71,000
Dubai Land Department fee (Oqood), 4%
AED 28,400
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 99,400
Total costPrice plus the DLD fee
AED 738,400
  • 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.

A mortgage at the keys

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.
Once the building is finished you pay a yearly service charge per sq ft, set from the building's budget and approved by RERA. "Rent and yield" below gives the figure for this project.
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 1,374 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in Jumeirah Village Circle, from Nov 10, 2025 to Nov 9, 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 1,374 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in Jumeirah Village Circle, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.

Median price AED 1,942 per sq ft

AED 977 per sq ftAED 2,688 per sq ft

This project AED 1,929 per sq ft

Half of the sales sold for AED 1,752 to AED 2,173 per sq ft

The median is the middle sale: half sold for less, half for more.

Show as table
Price per sq ftSales
AED 977 to AED 1,191 per sq ft5
AED 1,191 to AED 1,405 per sq ft75
AED 1,405 to AED 1,619 per sq ft100
AED 1,619 to AED 1,833 per sq ft332
AED 1,833 to AED 2,047 per sq ft374
AED 2,047 to AED 2,261 per sq ft235
AED 2,261 to AED 2,475 per sq ft237
AED 2,475 to AED 2,688 per sq ft16

The 3 closest sales

Picked from the 1,374 similar sales above, closest in size to this project's smallest home.

  1. Dec 2025AED 754,999AED 2,052 per sq ftBinghatti Amberhall, 368 sq ft
  2. Dec 2025AED 754,999AED 2,052 per sq ftBinghatti Amberhall, 368 sq ft
  3. Dec 2025AED 754,999AED 2,052 per sq ftBinghatti Amberhall, 368 sq ft

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.

TypeOff-plan medianSalesAgainst similar sales
Studio apartmentFrom AED 710,000 hereOff-plan medianAED 741,000AED 1,825 per sq ftSales2,5491% below 1,374 similar sales
1-bed apartmentOff-plan medianAED 1,159,000AED 1,497 per sq ftSales3,757
2-bed apartmentOff-plan medianAED 1,702,000AED 1,377 per sq ftSales885

Sales from Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.

Rent and yield

Gross yield at the from price⁠Rent ÷ price
7.3%
Net yield at the from price⁠(Rent − service charge) ÷ (price + DLD fee)
6.1%
Typical gross yield of similar ready homes
8.5%
Median rent of studio apartments in Jumeirah Village Circle⁠
AED 52,000 a year
Service charge a year, from the keys⁠The area median, AED 19 per sq ft from 5 buildings, as of 2023, for the smallest home (368 sq ft)
AED 6,992
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

Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 52,000 ÷ AED 710,000 = 7.3%. The home earns nothing until the keys, and new buildings often rent for more than older ones.

We don't take off empty months, management or furnishing. How we work out yields

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
  • Harmel150 m, 3 min walkPark

Straight-line distance; minutes by road or on foot from OpenStreetMap routing, or estimated where the route is unknown. Places © OpenStreetMap contributors. Stations from the Roads and Transport Authority. School curricula from KHDA.

About Skyhills Residences 3

Skyhills Residences 3 is an HRE Development project in Jumeirah Village Circle with studio to two-bedroom apartments from AED 710,000 and a listed handover of June 2027. Handover is about seven months away and 60% of the price is due then.

The listed handover is June 2027, about seven months from now. The plan is 10% on booking, 30% during construction and 60% at handover. At the from price that is AED 71,000 on booking, AED 213,000 during construction and AED 426,000 at handover. With handover this close, ask when the 30% construction payment falls due. Separately, the 4% DLD fee comes to AED 28,400; ask when it is due.

The from price is in line with 1,449 similar studio sales in Jumeirah Village Circle (12 months to October 2026). Ask which unit and floor the from price buys.

The developer counts 499 apartments. The listing gives studios to two bedrooms and sizes of 368 to 3,220 sq ft, but the developer also mentions three-bedroom homes. Its sizes are about 369 sq ft for a studio, 741 to 1,092 sq ft for one bedroom and 1,051 to 1,683 sq ft for two. Check the floor plans for the unit you want. The developer describes the homes as fully furnished, with porcelain tiles, branded kitchen appliances and floor-to-ceiling windows; ask what furniture is included. Residents share a pool, a children's play area, an outdoor gym, and basketball and tennis courts.

Magnum Family Medical Center is about 350 m away, around 6 minutes on foot. JSS International School is about 9 minutes by car by our estimate, and Nord Anglia International School about 12 minutes. Jumeirah Golf Estates Metro Station is about 11 minutes by car, and JBR beach about 19 minutes.

Floor plans

The developer's plans. Sizes and layouts can change; ask the developer for the plan of the exact unit you're looking at.

  • 1 BR
  • 2 BR
  • 3 BR
  • Studio

Skyhills Residences 3: floor plans

How prices moved

⁠
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

Show as table
12 months toMedian priceSales
Sep 2026AED 1,825 per sq ft2,549 sales
Jun 2026AED 1,794 per sq ft3,446 sales
Mar 2026AED 1,762 per sq ft4,374 sales
Dec 2025AED 1,751 per sq ft4,521 sales
Sep 2025AED 1,706 per sq ft4,332 sales
Jun 2025AED 1,671 per sq ft3,978 sales
Mar 2025AED 1,625 per sq ft3,527 sales
Dec 2024AED 1,601 per sq ft3,576 sales

Off-plan sales only.

Questions about this project

When is handover?

The listed handover is June 2027. Ask HRE Development for a construction update before you book.

How much is left to pay at handover?

60% of the price, AED 426,000 at the from price. Before that you pay AED 71,000 on booking and AED 213,000 during construction.

Is the price close to what others paid?

The from price is in line with 1,449 similar studio sales in Jumeirah Village Circle (12 months to October 2026).

Are three-bedroom homes on sale?

The listing gives studios to two bedrooms, but the developer also mentions three bedrooms. Ask which layouts are available and check the floor plans.

Can foreigners buy here?

Yes. The project is listed as freehold, so foreign buyers can own outright.

How far is the metro?

Jumeirah Golf Estates Metro Station is about 5.5 km away, around 11 minutes by car.

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