# Skyhills Iii By Hre

Skyhills Iii By Hre is a project by Hre Real Estate Development L.L.C, recorded at 76% complete at its last Dubai Land Department inspection. 100 sales registered in the trailing 12 months at a median AED 1.47M (1 597 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 | Active | DLD verified |
| Construction progress | 76% | DLD verified |
| Registered with DLD | 15 May 2024 | DLD verified |
| Construction started | 1 Jun 2024 | DLD verified |
| Declared completion | 1 Jun 2026 | DLD verified |
| Units in the project | 516 | DLD verified |
| Project area | 39 706 sqm | DLD verified |
| Escrow agent | Sharjah Islamic Bank | DLD verified |
| Project number | 3058 | DLD verified |

Skyhills Iii By Hre is a project by Hre Real Estate Development L.L.C, recorded at 76% complete at its last Dubai Land Department inspection. 100 sales registered in the trailing 12 months at a median AED 1.47M (1 597 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 1.47M | +99.5% |
| Interquartile range | AED 1.24M – AED 1.84M | |
| Median price per sqft | 1 597 AED | -8.0% |
| Registered sales, 12 months | 100 | -69.5% |
| Off-plan share | 100.0% | |

## By number of bedrooms

| Homes | Sales | Median price | Median AED/sqft | Median size | Median rent | Gross yield |
|---|---|---|---|---|---|---|
| Studios | 16 | AED 722k | 1 778 | 401 sqft | — | — |
| 1-bedroom apartments | 35 | AED 1.31M | 1 629 | 820 sqft | — | — |
| 2-bedroom apartments | 39 | AED 1.76M | 1 429 | 1 155 sqft | — | — |

## Price per square foot by month

| Month | Sales | Median AED/sqft | IQR |
|---|---|---|---|
| Jun 2026 | 13 | 1 596 | 1 508 – 1 689 |
| May 2026 | 1 | insufficient data | |
| Apr 2026 | 3 | insufficient data | |
| Mar 2026 | 5 | 1 604 | 1 528 – 1 605 |
| Feb 2026 | 5 | 1 588 | 1 416 – 1 645 |
| Jan 2026 | 12 | 1 584 | 1 549 – 1 652 |
| Dec 2025 | 7 | 1 616 | 1 497 – 1 692 |
| Nov 2025 | 15 | 1 609 | 1 433 – 1 662 |
| Oct 2025 | 24 | 1 610 | 1 419 – 1 754 |
| Sep 2025 | 31 | 1 641 | 1 592 – 1 865 |
| Aug 2025 | 14 | 1 659 | 1 570 – 1 782 |
| Jul 2025 | 55 | 1 723 | 1 574 – 1 775 |
| Jun 2025 | 69 | 1 689 | 1 513 – 1 808 |

## 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:** 22 Oct 2026  
**Methodology:** https://datadubai.ae/methodology/ (v1.0)  
**License:** Reuse permitted with attribution  
**Canonical:** https://datadubai.ae/projects/skyhills-iii-by-hre/  
**Suggested citation:** Continental Club Property, "Skyhills Iii By Hre", Dubai Data, data through 22 Oct 2026, https://datadubai.ae/projects/skyhills-iii-by-hre/  
**Disclaimer:** Registered transactions, not asking prices. Not investment advice, not a valuation. Not affiliated with or endorsed by the Dubai Land Department.