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Sky Bay Hotel

Sky Bay Hotel

Grade

B+
Investor grade
B
End user grade
A+
Excellent
A
Very Good
B+
Good
B
Above Average
C
Average
D
Below Average

Sky Bay Hotel Facts

Community
Registration No
---
Expected Service Charge
---
Location
Business Bay
Property Type
Apartments, Hotel Apartments
Property Title Type
Freehold
Handover
2019

Property Score

Value for Money
82%
Location & Connectivity
85%
Rental Yield Expectation
78%
Capital Growth Expectation
81%

Sky Bay Hotel Description

Sky Bay Hotel Apartments by The First Group at Business Bay. Welcome to Sky Bay Hotel, a 4 star deluxe development in the heart of the region’s corporate capital, Business Bay. As The First Group’s second project within this sought after district, Sky Bay hotel will be managed by Ramada, under its 4 star Plaza brand. Thanks to Business Bay’s pivotal position close to the Sheikh Zayed and Al Khail Road and the Dubai International Airport, the area has fast become a hotspot for major development and investment. Add to that the community’s close proximity to business and leisure attractions such as the Burj Khalifa, the Dubai Mall and Dubai Canal, and it is easy to see why it is a top choice for investors. With more than 240 residential and commercial developments in the area and that number growing year on year, property in this buzzing business community has gained a reputation for selling out quickly.

This popular setting, within easy reach of the city’s most sought after business and leisure districts, sets Sky Bay Hotel up for outstanding success. The First Group is proud to present this 4 star deluxe hotel, which will be backed by globally renowned Ramada, under its Plaza brand.

The decision to move the Dubai Financial Market to a new home in Business Bay after 16 years in the Dubai World Trade Centre shows just how important this corporate community is to the region. Thanks to its pivotal setting, the need for high quality hotel accommodation in Business Bay is also soaring, and it has become a real hotbed for property investment.

Sky Bay Hotel will no doubt benefit from this high demand and prime location, with some of the city’s most important and exciting leisure attractions right on its doorstep. Take the nearby Dubai Mall to begin with. Not only is it the world’s biggest shopping destination; it also offers the best overall retail experience, rising above the likes of London’s Regent Street and New York’s famed Fifth Avenue in the Savills Global Retail Destination Index 2016. Right by the Dubai Mall is the world’s tallest tower, the Burj Khalifa, one of the globe’s most visited tourist attractions. Plus, just a short distance from Sky Bay Hotel is the Dubai Canal, which opened in November 2016. This important development, which links Business Bay with the Arabian Gulf, has already been named GCC Leisure and Tourism Project of the Year award (2017) in the MEED Quality Awards, which recognises 21 outstanding projects throughout the region.

Finally, Business Bay has the added advantage of being convenient to the rest of the city and beyond, with the Dubai International Airport just a few minutes drive away and major road networks Sheikh Zayed and Al Khail running on either side of the district. With such a wealth of leisure and business amenities and attractions so readily to hand, it is easy to see why investors are rushing to buy property in this sought after locale.

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Sky Bay Hotel Amenities

icons saved for nounSwimming Pool
Covered Parking
24/7 Security
Gym
IconsRunning Track
Recreational Zone
Retail Centre
Super Market
c1Kid’s School
Community Hall
Park
Kid’s Play Area
Sky Bay Hotel
Download Floor Plan
Sky Bay Hotel
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Sky Bay Hotel – Exterior

Sky Bay Hotel – Exterior

Sky Bay Hotel – Living Room

Sky Bay Hotel – Living Room

Sky Bay Hotel – Bedroom

Sky Bay Hotel – Bedroom