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

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


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:

415K-1.9M AED
Business Bay
Community Insights
4/5237 building reviews

Luxury | Well connected | Mostly apartments

Price Range:

415K-750M AED

Price Insights

Transactions for Similar Properties

Studio Apartment in Sky Bay Hotel

Sold for

DateAEDArea (sqft)
1 Oct 2024750,000198
30 Sep 2024405,000123
16 Sep 2024785,500175
9 Sep 2024822,000175
10 Jul 20241,300,000351

Rented for

DateAED/yearArea (sqft)

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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 1,093,020 AED

This property is 29% smaller than the average size of studio bedroom in Business Bay

Average size is 494 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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Monthly payment

2,468 AED

with interest rate of

3.75%

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Regulatory information
Regulatory information

Reference

LIV-S-SkyBayH

Listed

2 months ago

Broker License

34719

Zone name

Business Bay

DLD Permit Number:

71523944874

Agent License

45040

DLD Permit Number

Vadim Ivannikov

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2,468 AED /month

Fixed rates from: 3.75%

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