Tiger Sky Tower Business Bay Dubai

Tiger Sky Tower is a residential supertall under construction in Business Bay by Tiger Properties, the Dubai arm of Sharjah's Tiger Group. Planned at 532 metres and 122 floors, it is marketed as the tallest residential building in the world, with about 848 homes from one-bedrooms to 18 penthouses and a Royal Sky Penthouse at 426 metres. Construction began in May 2024, and handover is given as Q4 2029.

Broker price lists start one-bedrooms at about AED 2.6 million (about Rs 6.70 crore); a Q3 2025 figure gives AED 2.2 million. The main plan is 70/30, with 30% paid over two years after handover. Every unit clears the Golden Visa line, but this is also the Business Bay tower we cover with the longest wait and the largest build risk.

At a glance

Price and unit pricing

We print AED 2.6 million because it is the one-bedroom figure on broker price lists with a full unit ladder, while the source listing gives no price. The spread around it is wide: AED 2.2 million on a Q3 2025 figure, "from AED 2.5 million" and "from AED 3.2 million" on other pages. The 16% full-payment discount would take AED 2.6 million to about AED 2.18 million, close to the lower figure, but no source says that is where it comes from. Tiger's price list on the day settles it. The 873 sq ft size is the smallest unit in Tiger's published range, which we take to be the one-bedroom.

At about AED 2,980 per sq ft, the one-bedroom is priced well above the Business Bay average of about AED 2,002 per sq ft in 2024 and AED 2,090 in the first half of 2025. That is the height premium. For a premium Business Bay tower much nearer completion, compare the branded Jumeirah Living Business Bay, and for a canal-side launch due in 2027, One River Point.

Payment plan and total cost

Tiger offers two plans. The 70/30 plan asks 20% down, 40% in instalments during construction, 10% on transfer of ownership at handover, and 30% within two years after completion. The 60/40 plan is 20% down, 40% during construction and 40% at handover. One page quotes a 13% discount on the 60/40 option and several quote 16% off for full payment.

Worked example: a AED 2.6 million one-bedroom on 70/30

The post-handover 30% is the useful part: once the flat is let, rent can cover part of the last AED 780,000. The catch is the five-year wait for an unfinished unit, and you should check whether the SPA lets you resell before the post-handover balance is cleared. Paying in full for the 16% discount, about AED 2.18 million, is a bet on the developer finishing; we would not make it on a building this far from completion.

Service charge. Not published. Premium Business Bay towers run about AED 22 to 30 per sq ft a year, which on 873 sq ft is about AED 19,200 to 26,200. A supertall with high-speed lifts and a sky restaurant will likely cost more; ask Tiger for the projected budget.

Location and connectivity

The tower stands in Business Bay, with Burj Khalifa, Dubai Mall and DIFC close by and the Dubai Water Canal running through the district. Business Bay Metro station on the Red Line serves the area, and Sheikh Zayed Road and Al Khail Road are the main roads. The sources checked do not print the exact plot or drive times, so we give none.

At 532 metres the tower will be a landmark visible across the city, and a height of that kind shapes who lives there: short-stay guests, buyers who want the address, and tenants willing to pay for views. With about 848 homes, it will also be one of the largest single buildings in the district.

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Amenities and specifications

Tiger's own page lists a sky restaurant at 439 metres, described as the highest in the world, a tropical garden with wildlife, a rollerglider ride and observation spaces. The penthouses sit near the top, with the Royal Sky Penthouse at 426 metres. The building is described as golden, with design cues from Emirati heritage.

These are the marketing highlights of a building not yet built, and features like a rollerglider or wildlife garden can be scaled back before completion. Not published: the finish schedule, parking per unit, lift counts and the service-charge budget. Final specification as per the SPA.

About the developer

Tiger Group was founded in 1976 and is based in Sharjah. Tiger Properties has built in Dubai since 2005 and has delivered more than 20 residential towers, mostly in JVC and Dubai Sports City, on a build-and-sell model aimed at buy-to-let investors. It builds with its own contractor, Tiger International General Contracting, which is also building this tower.

The record is solid for a volume developer: one review rates it 4.3 out of 5 while reporting delays of four to eight months on larger projects, against Tiger's own claim of meeting its deadlines. Nothing it has delivered is anywhere near 122 floors. That is why we read Q4 2029 as a target and 2030 as the likelier planning date.

For Indian buyers

Ownership. Business Bay is freehold for foreign buyers, and the Dubai Land Department issues the title deed in your name. There is no annual property tax and no VAT on a residential sale; the government cost is the 4% DLD transfer fee, AED 104,000 on a AED 2.6 million one-bedroom.

Remittance. The LRS allows USD 250,000 per person per financial year. The one-bedroom is about USD 708,000, but the plan spreads it from booking to about two years after a 2029 handover. The 20% down payment, about USD 142,000, fits one person's allowance, and the rest can be spaced across several financial years.

Golden Visa. The threshold is AED 2 million, and every unit in the tower clears it, one-bedrooms included. Check the current rules on using off-plan property before you rely on it.

Rent and tax. No rent exists yet. At about AED 157 per sq ft a year, the rate one page gives for an older Business Bay tower, an 873 sq ft one-bedroom would let for about AED 137,000, roughly 5.3% gross on AED 2.6 million. Rent and gains are taxable in India for a tax resident; the UAE does not tax rent.

Pros

• Every unit clears the Golden Visa line, including one-bedrooms from about AED 2.2 - 2.6 M
• 70/30 plan puts 30% after handover, spread over two years
• Tiger has delivered more than 20 towers and builds with its own contractor
• A one-bedroom of about 873 sq ft is larger than most new Business Bay one-bedrooms
• A 16% discount is quoted for payment in full
• A landmark building tends to hold attention in the resale market

Cons

• Handover in Q4 2029 at best, more than three years away, and a supertall adds engineering risk
• Tiger's record is mid-rise JVC towers, not a 532 m building; delays of 4 - 8 months are reported on its larger projects
• DLD project number and escrow bank are not published by the sources checked
• About 848 homes in one tower means heavy competition for tenants and resale buyers
• Supertall buildings carry high service charges for lifts and facade upkeep; no budget is published
• Price figures range from AED 2.2 M to 3.2 M across pages

Who this is for

• Golden Visa buyers who want a new one-bedroom that clears AED 2 M
• Buyers who can wait until 2030 and value a landmark address
• Investors who want the 30% post-handover plan to part-fund the purchase from rent
• Cash buyers who can take the 16% full-payment discount

Who should look elsewhere

• Anyone who needs rent or a home before 2030
• Buyers uncomfortable with a first-of-its-kind build by a mid-rise developer
• Anyone unwilling to verify an unpublished DLD number before paying
• Yield-first buyers who want a finished building

Our verdict

Tiger Sky Tower sells two things: a record-height address and a one-bedroom that clears the Golden Visa line. The one-bedroom at about AED 2.6 M, near AED 2,980 per sq ft, is priced like a premium canal launch, not a bargain, but its 873 sq ft and the 30% post-handover tranche make the cheque easier to write. The risk is the build itself. Tiger has delivered more than 20 towers, almost all mid-rise in JVC and Dubai Sports City, and a 532 m supertall is a different kind of project; its reported delays of four to eight months on larger buildings are a floor, not a ceiling, for this one. Neither the DLD number nor the escrow bank surfaced in our research, which we would want in hand before paying anything.

A buy only for someone who wants the address or the Golden Visa and can wait until 2030 without needing the money. Get the DLD project number and escrow account from Tiger, check them on the Dubai REST app, and read the SPA's delay clause closely. Everyone else will find more certainty in a finished or nearly finished Business Bay building.

Talk to Realty Hunting for the current price list, the developer's latest payment plan and a site-visit plan.

Run this project's numbers yourself. The calculator opens on the price and unit size above; change the currency, the rent or the mortgage and it recalculates the fees, the cash you need on day one and the net rent.

FAQs

What is the price of Tiger Sky Tower?

Broker price lists start one-bedrooms at about AED 2.6 M (about Rs 6.70 crore), two-bedrooms at AED 3.6 M, three-bedrooms at AED 4.8 M and four-bedrooms at AED 8.5 M. A Q3 2025 figure gives AED 2.2 M for a one-bedroom, other pages 'from AED 2.5 M' and 'from AED 3.2 M', and penthouses start near AED 60 M. Tiger's price list on the day settles it.

What is the payment plan?

70/30: 20% down, 40% during construction, 10% at handover and 30% within two years after completion. A 60/40 plan (20/40/40) is also offered, and a 16% discount is quoted for full payment.

When is the handover?

Most pages give Q4 2029; some print Q2 or Q3 2029. Construction began in May 2024. Given the height and Tiger's reported delays of 4 to 8 months on larger projects, plan for 2030.

Is it really the tallest residential building?

At a planned 532 m and 122 floors it would be, as marketed. It is not built yet; the height is the developer's design figure.

What is the DLD project number?

Not printed by the sources we checked, and no source names the escrow bank. Ask Tiger for both and check them on the Dubai REST app before paying.

Does it qualify for the Golden Visa?

Yes. The threshold is AED 2 million and the one-bedroom starts at about AED 2.2 to 2.6 million, so every unit qualifies. Confirm the applicable rules for off-plan property when you apply.

Can an Indian resident buy here?

Yes, Business Bay is freehold for foreign buyers. A AED 2.6 M one-bedroom is about USD 708,000. Under the LRS a couple can remit USD 500,000 a year, and the plan spreads payments from 2025 to about 2031, so the instalments fit within yearly limits.

What rent and service charge should I expect?

Neither is published. At about AED 157 per sq ft a year, a rate one page gives for an older Business Bay tower, an 873 sq ft one-bedroom would let for about AED 137,000, about 5.3% gross on AED 2.6 M. Service charges in premium Business Bay towers run AED 22 to 30 per sq ft, about AED 19,200 to 26,200 a year on 873 sq ft; a supertall may cost more.

Compare with other Dubai projects

Also in Business Bay: Avarra by Palace (from AED 2,892,888, handover 2031), DG1 (from AED 1.9 M, handover 2027), Deyaar DWTN Residences (from AED 1.86 M, handover 2029) and Urban Life Residences (from AED 1.65 M, off-plan). See every Business Bay project with prices and handover dates.

A similar budget elsewhere in Dubai: Beach Walk Grand (from AED 2.6 M, handover 2026), City Walk Crestlane (from AED 2.62 M, handover 2028) and Central Park Plaza (from AED 2,730,000, handover 2027).

Read next: Apartments for Sale in Business Bay: Prices and Net Yields · Off-Plan Property in Dubai: How It Works · Dubai Property Payment Plans: 1% Monthly, Post-Handover and More · The Dubai Golden Visa Through Property. Every Dubai project we track is listed on the Dubai section.