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SLS Dubai Hotel & Residences

Buying Property in SLS Dubai Hotel & Residences

About the project

SLS Dubai Hotel and Residences is a unique 75-story, mixed-use building located in the Business Bay commercial district. The project was built by World of Wonders Real Estate Development, and the interior design was done by Paul Bishop.

Due to its unusual honeycomb-like structure, the building is divided into separate zones, each providing a panoramic view of the surrounding area.

There are approximately 900 residential properties in the complex. The upper floors contain a variety of amenities provided to all residents. The middle part of the building contains the hotel rooms. And the lower part is characterized by residential facilities, namely studios and apartments with 1 or 2 bedrooms, available for purchase and rent.

Benefits and amenities at SLS Dubai Hotel and Residences include:

  • pools (children’s and adult);
  • a jacuzzi;
  • a spa;
  • an equipped gym;
  • parking in the basement;
  • passenger and service elevators;
  • halls for various events;
  • a concierge service.

Apartments range in size from 550 to 1,256 sq. ft (51-116.6 sq. m). One-bedroom apartments cost AED 480,000 (USD 130,683).

Location

SLS Dubai Hotel and Residences is located in Business Bay, close to Ras Al Khor Road, which offers easy access to the surrounding areas. Public transport options include the metro and bus. The nearest bus stop is called RBC Tower 2, just a short walk away. The subway station Business Bay is a 9-minute drive from the apartments.

There are cafes and restaurants on site, including Ski Lobby, Carna by Dario Cecchini and Privilege.

Shopping is available at nearby stores and supermarkets such as West Zone Fresh Supermarket, Better 1 Mart Supermarket and Carrefour Supermarket.

Notable buildings nearby include DAMAC Towers by Paramount, Moon Tower and Art XV Residency.

Near the residential complex are the tourist attractions Dubai Opera, the famous shopping and entertainment center, The Dubai Mall, and the world’s tallest skyscraper, Burj Khalifa.

Business Bay offers kindergartens and educational institutions for school children. Also in the area are medical centers and pharmacies.

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Payback

Business Bay is one of the most sought after and highly developed areas of Dubai. Its advantageous location in the center of the city, as well as the rapid pace of development of commercial enterprises make this area particularly profitable for financial investment. Investors are especially attracted to residential properties, as this niche is renowned for its stability and unwavering demand. The current ROI for apartments in SLS Dubai Hotel and Residences is 5.12%.

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