# Skyhills I By Hre

Skyhills I By Hre is a project by Hre Real Estate Development L.L.C, recorded at 100% complete at its last Dubai Land Department inspection. 56 sales registered in the trailing 12 months at a median AED 1.00M (1 538 AED per square foot). Registry facts come from DLD; prices are registered transactions, not asking prices.

## Registry record

| Field | Value | Provenance |
|---|---|---|
| Developer | Hre Real Estate Development L.L.C | DLD verified |
| Status | Finished | DLD verified |
| Construction progress | 100% | DLD verified |
| Registered with DLD | 1 Oct 2023 | DLD verified |
| Construction started | 1 Oct 2023 | DLD verified |
| Declared completion | 1 Oct 2026 | DLD verified |
| Units in the project | 1 145 | DLD verified |
| Project area | 82 501 sqm | DLD verified |
| Escrow agent | Sharjah Islamic Bank | DLD verified |
| Project number | 1643 | DLD verified |

Skyhills I By Hre is a project by Hre Real Estate Development L.L.C, recorded at 100% complete at its last Dubai Land Department inspection. 56 sales registered in the trailing 12 months at a median AED 1.00M (1 538 AED per square foot). Registry facts come from DLD; prices are registered transactions, not asking prices.

| Measure | Value | Year on year |
|---|---|---|
| Median sale price | AED 1.00M | -0.3% |
| Interquartile range | AED 758k – AED 1.21M | |
| Median price per sqft | 1 538 AED | +4.4% |
| Registered sales, 12 months | 56 | -69.7% |
| Off-plan share | 69.6% | |

## By number of bedrooms

| Homes | Sales | Median price | Median AED/sqft | Median size | Median rent | Gross yield |
|---|---|---|---|---|---|---|
| Studios | 20 | AED 730k | 1 576 | 455 sqft | — | — |
| 1-bedroom apartments | 28 | AED 1.04M | 1 517 | 686 sqft | — | — |
| 2-bedroom apartments | 8 | AED 1.68M | 1 476 | 1 174 sqft | — | — |

## Price per square foot by month

| Month | Sales | Median AED/sqft | IQR |
|---|---|---|---|
| Oct 2026 | 13 | 1 513 | 1 405 – 1 623 |
| Sep 2026 | 4 | insufficient data | |
| Aug 2026 | 0 | insufficient data | |
| Jul 2026 | 4 | insufficient data | |
| Jun 2026 | 5 | 1 393 | 1 325 – 1 526 |
| May 2026 | 3 | insufficient data | |
| Apr 2026 | 5 | 1 581 | 1 573 – 1 588 |
| Mar 2026 | 3 | insufficient data | |
| Feb 2026 | 5 | 1 539 | 1 450 – 1 546 |
| Jan 2026 | 5 | 1 663 | 1 549 – 1 776 |
| Dec 2025 | 6 | 1 578 | 1 493 – 1 660 |
| Nov 2025 | 3 | insufficient data | |
| Oct 2025 | 4 | insufficient data | |

## What these numbers do not show

- Prices from the developer. Nothing here is a price list, a payment plan or availability — these are transactions already registered with DLD.
- Whether construction is moving. The completion percentage is the figure recorded at the last technical inspection, and inspections are irregular: an unchanged number does not mean work stopped.
- A handover promise. The declared completion date is a registry field, not a commitment.
- Asking prices. Everything here is a registered transaction; what a home was listed at is a different number.
- Off-market and cash-equivalent deals that never reach the registry, and the price actually negotiated before registration.
- Service charges, chiller fees, agency commission, DLD transfer fees or mortgage costs — none of them are inside these prices.

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**Source:** Dubai Land Department open data, compiled by Continental Club Property  
**Data through:** 12 Nov 2026  
**Methodology:** https://datadubai.ae/methodology/ (v1.0)  
**License:** Reuse permitted with attribution  
**Canonical:** https://datadubai.ae/projects/skyhills-i-by-hre/  
**Suggested citation:** Continental Club Property, "Skyhills I By Hre", Dubai Data, data through 12 Nov 2026, https://datadubai.ae/projects/skyhills-i-by-hre/  
**Disclaimer:** Registered transactions, not asking prices. Not investment advice, not a valuation. Not affiliated with or endorsed by the Dubai Land Department.