AED 520,000

Own this from just

2,182 AED/month
studio
1 Bathroom
353 sqft / 33 sqm
APARTMENT FOR SALE IN SKY BAY HOTEL, BUSINESS BAY

DISTRESS DEAL | Investor Opportunity | Exclusive

LivRichy Real Estate is pleased to present this magnificent studio apartment in 4-stars hotel The First Collection Business Bay for sale.

Features and amenities:
* Contracted Hotel Studio
* 1 Bath
* Size: 353.06 sq ft
* Fully furnished
* Investor's deal
* Exclusive
* Studio is not for living in
* Managed by hotel
* Pure investment
* 5 days complimentary stay a year for owners
* Prime location
* Room service
* Gym
* Swimming pool
* Spa
* Restaurant

Sky Bay Hotel offers the advantage of effortless property management, as the hotel's staff takes care of rentals. Even during periods of vacancy, property owners can secure a reliable return on investment via a profit-sharing arrangement linked to the hotel's overall earnings. The hotel's streamlined central reservation system guarantees a consistently impressive level of occupancy.

Situated within Dubai's vibrant Business Bay district, this lifestyle hotel is in close proximity to the city's renowned landmarks such as the Burj Khalifa and Dubai Mall, as well as pivotal commercial hubs and a comprehensive transportation network.
With a total of 437 chic guestrooms and suites, numerous of which provide breathtaking vistas of Dubai's iconic skyline, The First Collection Business Bay presents a plethora of environmentally conscious guest facilities. This establishment serves as an ideal hub for both business and leisure voyagers, offering them an exceptional starting point to discover the enchanting City of Dreams.

Property details

Property Type

Apartment

Property Size

353 sqft / 33 sqm

Bedrooms

studio

Bathrooms

1

Property age


Amenities

Central A/C

Shared Pool

Concierge

Covered Parking

Built in Wardrobes

Children's Pool

Children's Play Area


Location

Map preview
Sky Bay Hotel
Residential Insights

Price Range:

400K-1.7M AED
Business Bay
Community Insights
4/5237 building reviews

Well connected | Luxury | Mostly apartments

Price Range:

400K-750M AED

Price Insights

Transactions for Similar Properties

Studio Apartment in Sky Bay Hotel

Sold for

DateAEDArea (sqft)
16 Sep 2024785,500175
9 Sep 2024822,000175
10 Jul 20241,300,000351
29 May 20241,100,000399
29 Apr 20241,589,055424

Rented for

DateAED/yearArea (sqft)

There are no transactions to display

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Powered byDataGuru

This property costs 52% less than the average price of studio bedroom in Business Bay

Average Sale Price is 1,080,972 AED

This property is 28% smaller than the average size of studio bedroom in Business Bay

Average size is 493 sqft

The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Business Bay

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SuperAgent

Akmal Sharopov

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LIVRICHY REAL ESTATE BROKERAGE LLC

See all properties (125)

Response time

within 30 minutes

Experience

13 years

Closed Deals

2

Languages

English,Russian,Uzbek

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Monthly payment

2,182 AED

with interest rate of

3.94%

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Regulatory information
Regulatory information

Reference

LIV-S-SkyBayH

Listed

16 days ago

Broker ORN

34719

Zone name

Business Bay

DLD Permit Number:

71523944874

DLD Permit Number

Akmal Sharopov

usually responds within 30 minutes

Own this property from just

2,182 AED /month

Fixed rates from: 3.94%

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