AED 760,000

Own this from just

3,126 AED/month
Studio
1 Bathroom
353 sqft / 33 sqm
APARTMENT FOR SALE IN SKY BAY HOTEL, BUSINESS BAY

Hotel Studio | Distress | Investment Deal

Unique Properties is pleased to present an exclusive hotel studio for sale in The First Collection, Business Bay.

Property Features and Details:
•‎ Contracted studio in the 4* hotel
•‎ 1 Bath
•‎ 353.06 sq. ft.
•‎ No kitchen
•‎ Built-In Wardrobes
•‎ Fully furnished
•‎ 2 separate beds
•‎ Everything is managed by hotel from renting apartment to maintenance
•‎ This studio is not for living in, but pure investment for holidays rentals
•‎ Rentals income is based on pool share revenue style
•‎ Latest 6 months net income 28k
•‎ 57% growth to compare with last year
•‎ The First Collection Hotel opened on July 1, 2022
•‎ High potential in the perfect location
•‎ Owners get 14 days complimentary stay a year
•‎ Best deal in the hotel
•‎ Motivated seller
• Exclusive

Building features:
•‎ Concierge
•‎ Security 24/7
•‎ Restaurant
•‎ Coffee shop
•‎ Valet parking
•‎ Lobby
•‎ Swimming pool
•‎ Gym
•‎ Room service

Hurry! Properties like this don’t come on the market every day. Call our agent to find out more.

Unique Properties is your gateway to Dubai's award-winning international Real Estate. Since 2008, we've been a leading agency, serving thousands of customers from around the globe and helping them find dream homes and lucrative investments. Discover off-plan gems or luxurious residences with our expert, globally-diverse team. Trust us for honest advice and exceptional service on your property journey!

Property details

Property Type

Apartment

Property Size

353 sqft / 33 sqm

Bedrooms

studio

Bathrooms

1


Amenities

Central A/C

Security

Concierge

Covered Parking

Built in Wardrobes


Location

Map preview
Sky Bay Hotel
Residential Insights

Price Range:

415K-2.1M AED
Business Bay
Community Insights
4/5237 building reviews

Well connected | Mostly apartments | Luxury

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)

There are no transactions to display

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Powered byDataGuru

This property costs 30% 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

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Roland Khalife

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Response time

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Experience

9 years

Closed Deals

4

Languages

English,Arabic,French

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300,000 AED35,000,000 AED
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152,000 AED608,000 AED
1 year25 years

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Monthly payment

3,126 AED

with interest rate of

3.75%

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Regulatory information
Regulatory information

Reference

UQP-13451

Listed

1 month ago

Broker License

1085

Zone name

Business Bay

DLD Permit Number:

71100750979

Agent License

48449

DLD Permit Number

Call

Roland Khalife

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3,126 AED /month

Fixed rates from: 3.75%

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