Skylight Mall
What Skylight Mall is
A super-regional mall announced by Dubai Retail, part of Dubai Holding Asset Management, on Al Khail Road beside Jumeirah Village Circle and Jumeirah Village Triangle. It is planned at 1.3 million square feet of leasable space with more than 360 stores, dining and entertainment, and is due to open in 2027.
What it means for property nearby
JVC and JVT have the population of a small city and no mall of their own: the weekly shop means Al Khail Road to Dubai Hills Mall or Sheikh Zayed Road to Mall of the Emirates. Skylight puts that inside a five to ten minute drive, which is the change that repriced the ground around Dubai Hills Mall after 2022. Expect the effect to show first in rents and void periods on the family stock in JVT, JVC and Jumeirah Park, and in resale demand for villas and townhouses nearby. It is announced, not open, so treat 2027 as the developer’s date and buy for what the community is today, with the mall as the upside.
Communities within reach
| Community | Drive | Median registered sale | Gross yield |
|---|---|---|---|
| Jumeirah Village Circle | ~5 min | AED 1.02M | 6.5% |
| Jumeirah Village Triangle | ~5 min | AED 1.15M | 5.5% |
| Jumeirah Islands | ~7 min | , | , |
| The Springs | ~8 min | AED 4.36M | 4.7% |
| Jumeirah Park | ~8 min | , | , |
| Arjan | ~8 min | AED 910K | 6.9% |
| Al Barsha South | ~9 min | , | , |
| Dubai Hills Estate | ~12 min | AED 2.03M | 5.4% |
