According to a statement released by Skydive Dubai, the airplane experienced a "technical problem shortly after it had taken off". Soon after the airplane crash landed, it became fully engulfed in flames and was a complete loss. Luckily none of the 14 Skydivers, nor the Pilot was injured during the accident.
The UAE General Civil Aviation Authority (GCAA) has started its investigation as to the cause of the accident and will release a report when complete. We will post that report when it becomes available.