AED 600,000

Own this from just

2,468 AED/month
Studio
1 Bathroom
353 sqft / 33 sqm
APARTMENT FOR SALE IN SKY BAY HOTEL, BUSINESS BAY

Best Deal | Investor Opportunity | Exclusive

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

Features and Amenities:

Contracted Hotel Studio
1 Bathroom
Size: 353.06 sq ft
Fully furnished
Investor's deal (studio not for living in)
Exclusive
Managed by the hotel (pure investment)
5 days complimentary stay per year for owners
Prime location
Room service
Gym
Swimming pool
Spa
Restaurant
Investment Highlights:
Sky Bay Hotel offers the convenience of effortless property management, as the hotel's staff handles all rental operations. Even during vacancies, owners benefit from a reliable return on investment through a profit-sharing arrangement tied to the hotel's overall earnings. The central reservation system ensures consistently high occupancy rates.

Prime Location:
Situated in the heart of Business Bay, Dubai's vibrant commercial and lifestyle district, this property is in close proximity to iconic landmarks like Burj Khalifa and Dubai Mall, as well as key business hubs and transportation links.

With 437 chic guestrooms and suites, many offering breathtaking views of Dubai’s iconic skyline, The First Collection Business Bay is an ideal destination for both business and leisure travelers. This environmentally conscious hotel offers world-class facilities, providing an exceptional gateway to explore Dubai, the enchanting City of Dreams.

Contact LivRichy Real Estate today to learn more about this prime investment opportunity!

Property details

Property Type

Apartment

Property Size

353 sqft / 33 sqm

Bedrooms

studio

Bathrooms

1


Location

Map preview
Sky Bay Hotel
Residential Insights

Price Range:

400K-2.1M AED
Business Bay
Community Insights
4/5237 building reviews

Mostly apartments | Luxury | Well connected

Price Range:

400K-750M AED

Price Insights

Transactions for Similar Properties

Studio Apartment in Sky Bay Hotel

Sold for

DateAEDArea (sqft)
25 Nov 2024387,325113
1 Oct 2024750,000198
30 Sep 2024405,000123
16 Sep 2024785,500175
9 Sep 2024822,000175

Rented for

DateAED/yearArea (sqft)

There are no transactions to display

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Powered byDataGuru

This property costs 45% less than the average price of studio bedroom in Business Bay

Average Sale Price is 1,095,865 AED

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

Average size is 492 sqft

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

Provided by

Vadim Ivannikov

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LIVRICHY REAL ESTATE BROKERAGE LLC

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Response time

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Experience

2 years

Languages

English, Russian, Kazakh

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300,000 AED35,000,000 AED
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120,000 AED480,000 AED
1 year25 years

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Monthly payment

2,468 AED

with interest rate of

3.75%

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Regulatory information
Regulatory information

Reference

LIV-S-SkyBayH

Listed

3 months ago

Broker License

34719

Zone name

Business Bay

DLD Permit Number:

71523944874

Agent License

45040

DLD Permit Number

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Vadim Ivannikov

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Usually responds within 1 hour

Own this property from just

2,468 AED /month

Fixed rates from: 3.75%

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