AED 2,080,977 was AED 2,312,197
| Deal type | Below OP |
| Price | AED 2,080,977 |
| Original price | AED 2,312,197 |
| Saving | AED 231,220 (10%) |
| Bedrooms | 1 |
| Size | 873 sq.ft |
| Type | Apartment |
| Status | Off-Plan |
| Developer | Tiger Properties |
| Area / Master development | Business Bay |
| Sub-community / Phase | Tiger Sky Tower |
| Community | Business Bay |
A 1-bedroom apartment in Tiger Sky Tower, Business Bay by Tiger Properties at AED 2,080,977, 10.0% below the original price of AED 2,312,197, saving AED 231,220. BUA 873 sqft at AED 2,384 per sqft. Boulevard view. Stated handover Q4 2028.
The seller purchased at AED 2,312,197 and is asking AED 2,080,977, a AED 231,220 reduction (10.0%). Including the 4% Oqood fee of AED 92,488 paid at purchase, the seller's total investment was AED 2,404,685. Total loss: AED 323,708 (13.5% of total investment).
Only two 1BR DLD transactions are visible (312 total transactions across all units). Both are above the asking price of AED 2,080,977, indicating the listing is priced below recent DLD sales.
At AED 2,384 per sqft, this listing is AED 302,336 (12.7%) below the active comparable at AED 2,730 per sqft.
Tiger Sky Tower is a 122-floor, 532-metre supertall with 849 units. Key construction concerns:
Tiger Properties (part of Tiger Group, founded 1976 by the Haider family) has an established track record in mid-rise affordable towers. Completed projects include Tiger Tower (JVC), Neva Residences, Lilium Tower and Elbrus Tower, all in the AED 300,000 to AED 800,000 range. Tiger Sky Tower (122 floors, 532 metres) is a fundamentally different project class. The developer has never attempted anything near this scale. Supertall construction requires specialised engineering, crane logistics, wind engineering and capital management that mid-rise experience does not prepare for. This is a significant risk factor.
The 30% post-handover component is favourable. However, given the early construction stage, buyers will make construction payments over an extended period with uncertain delivery timing.
A central Dubai business and residential district along the Dubai Canal, adjacent to Downtown Dubai. Home to over 200 towers. Connected by Business Bay Metro Station. Approximately 5 minutes to Downtown Dubai, 15 minutes to DIFC, 10 minutes to DXB Airport. Business Bay average: AED 2,580 per sqft. Tiger Sky Tower PIX average: AED 2,715 per sqft (+5.3% vs area). Freehold ownership.
The OP (AED 2,312,197), selling price (AED 2,080,977), BUA (873 sqft), boulevard view and Q4 2028 handover are from the agent brief. The 10.0% discount is verified. The 873 sqft is confirmed as a valid 1BR layout (Type 1210-2303, 2 bathrooms). DLD data supports below-market pricing at AED 2,384 per sqft. The primary risk is construction: a 122-floor supertall at 6.81% completion with a developer that has never built at this scale. Q4 2028 handover is unrealistic. Buyers should budget for a 2030 or later delivery.
Very unlikely. Tiger Sky Tower is a 122-floor, 532-metre supertall. Construction started May 2024 and was at 6.81% completion as of July 2025 (14 months in). Supertall towers of this height typically take 5 to 7 years from groundbreaking. At the current pace, handover in 2030 or later is more realistic. Sources cite Q4 2028, Q1 2029, Q2 2029 and Q4 2029, with no consistent date. Buyers should expect significant delays beyond any stated timeline.
No. Tiger Properties has historically delivered mid-rise affordable towers in JVC, IMPZ and DSO, typically in the AED 300,000 to AED 800,000 price range. Completed projects include Tiger Tower (JVC), Neva Residences, Lilium Tower and Elbrus Tower. Tiger Sky Tower (122 floors, 532 metres) represents a massive leap in complexity, engineering and capital requirements. This is a first-time supertall for the developer. Construction execution risk is elevated.
Below market indicators. DLD 1BR transactions: 873 sqft at AED 2,836,929 (AED 3,249 per sqft, Jun 2026) and 912 sqft at AED 2,680,933 (AED 2,939 per sqft, Aug 2026). PropertyIndex building average: AED 2,715 per sqft. Business Bay median: AED 2,580 per sqft. An active FAM listing for the same 873 sqft layout is at AED 2,383,313 (AED 2,730 per sqft). At AED 2,384 per sqft, this listing is 7% to 27% below DLD transactions and 13% below the active comparable.
Tiger Sky Tower uses a 20/40/10/30 plan: 20% booking, 40% during construction, 10% on handover, 30% post-handover (over 2 years). The post-handover component is favourable for buyers who want to spread payments. However, with the tower at early construction, the buyer faces a long period of construction payments on a project with uncertain delivery timing. The exact payment status of this specific unit should be verified from the SPA.
The agent states boulevard view. Business Bay is adjacent to Downtown Dubai, and higher floors in Business Bay towers can see Downtown Boulevard, Burj Khalifa, and the Dubai Canal. The specific view depends on the floor level and orientation of this unit. In a 122-floor tower, upper floors would have expansive views. However, at 6.81% construction, the building is still in its early stages, and the exact floor and view for this unit should be confirmed.
Buyer costs
Dubai transfer costs for an off-plan unit. Every figure editable — NOC is set by the developer and varies.
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Total cost
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Full payment schedule and unit details are released to qualified buyers on enquiry.
Indicative only and not a quotation. Excludes any balance payable to the developer, mortgage arrangement costs and service charges.
Finance
Off-plan: UAE lenders generally finance at handover. Plan the position you will be in.
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Monthly payment
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Indicative only, not an offer of finance and not advice. UAE loan-to-value caps depend on residency, property value and whether it is your first purchase, with tighter limits on off-plan. Rates move; confirm current terms with your bank or broker.
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