SO/ Uptown Dubai Hotel & Residences
About SO/ Uptown Dubai Hotel & Residences
(sq. ft.)
SO/ Uptown Dubai Hotel & Residences is a first-of-its-kind development in the Middle East by DMCC, which is one of the leading global free zones, in collaboration with the global hospitality brand, Accor Group. The 81-storey complex in Uptown Dubai, DMCC will comprise 22 floors with grade-A offices and 227 unfurnished SO/ Residences across the upper 28 floors, namely 1–3 bedroom apartments, 2-bedroom duplexes and just two 3-bedroom half-floor penthouses. Finally, 10 floors of the project will house a SO/ Uptown Dubai Hotel by the world-renowned Accor Group with 188 rooms.
The luxury project, which will be reminiscent of diamonds, is designed by Adrian Smith + Gordon Gill Architecture. It is worth noting that Adrian Smith is famed for his exceptional work on the ever popular Burj Khalifa, which is the world’s tallest building. Meanwhile, the contractor is BESIX, who built the iconic Atlantis The Royal Dubai on Palm Jumeirah.
The size of the real estate for purchase within the development ranges from 627 sq. ft to 3,500 sq. ft. Each residence will come with a balcony and a powder room, whilst select layouts will include a maid’s room and a laundry room for the absolute comfort and convenience of occupants.
Residents of SO/ Uptown Dubai Hotel & Residences will be able to benefit from multiple lifestyle-oriented amenities on-site, which are as follows:
- Dedicated residents’ entrance and lobby
- Exclusive residents’ lounge
- Private cinema with the latest audio-visual technology
- Multi-functional space for private events
- Indoor infinity swimming pool with a children’s pool and relaxation cabanas
- SO/ Fit residence fitness club
- SO/ Kids club
- Sky lounge
Property Prices
As of March 2023, the starting price for a 1-bedroom property in SO/ Uptown Residences is AED 1.78M (USD 485K), while a duplex can be purchased for AED 4.4M (USD 1.19M) at least.
If you are looking to purchase a residence with access to hotel facilities, you can also consider North 43 in Jumeirah Village Circle.
*The price is valid for 2023
Property Information
- Location Uptown Dubai, Dubai, UAE
- Status of Project In progress
- Type of Project Mixed Use Building
- Units 1-3BR Apartments, 2BR Duplexes, 3BR Penthouses
- Area from 627 sq. ft.
- Total Amount of Units 227
- Payment Plan 20/80
Floor Plans of SO/ Uptown Dubai Hotel & Residences
Apartment, Type 1 BR-3A
Type:
1 Bedroom
Total Area:
723 sq. ft.
Starting Price:
1,780,000 AED
Apartment, Type 2 BR-2'
Type:
2 Bedrooms
Total Area:
1,405 sq. ft.
Starting Price:
4,230,000 AED
Apartment, Type 3 BR-1
Type:
3 Bedrooms
Total Area:
1,668 sq. ft.
Starting Price:
5,176,000 AED
Reflection Floor Plans
| Floor Plan | Type | Unit Type | Category | Total Area | Starting prices |
|
|
1 Bedroom | Type 1 BR-3A | Apartment | 723 sq. ft. | 1,780,000 AED |
|
1 Bedroom | Type 1 BR-7 | Apartment | 915 sq. ft. | 2,300,000 AED |
|
2 Bedrooms | Type 2 BR-4 | Apartment | 1,285 sq. ft. | 3,850,000 AED |
|
|
2 Bedrooms | Type 2 BR-2' | Apartment | 1,405 sq. ft. | 4,230,000 AED |
|
|
3 Bedrooms | Type 3 BR-1 | Apartment | 1,668 sq. ft. | 5,176,000 AED |
|
3 Bedrooms | Type 3 BR-2A+M | Apartment | 1,736 sq. ft. | 6,100,000 AED |
Location
SO/ Uptown Dubai Hotel & Residences is conveniently located alongside Al Khail St, which leads to the junction of Garn Al Sabkha St and the Sheikh Zayed Rd. Residents of the development can easily reach many coveted destinations such as Business Bay, Downtown Dubai and Dubai International Airport within a radius of a 30-minute drive. At the same time, within walking distance, there is an array of bus stations, which include JLT, Dubai Star Tower and JLT, The Dome Tower, just to name a few, as well as the DMCC Metro Station.
There are many social facilities situated within a maximum of a 20-minute walk of SO/ Uptown Dubai Hotel & Residences, which are mentioned below:
- Island Mini Mart
- Flavors Super Market
- German Clinic 2 DMCC
- Modern Vet JLT
- Oakfield Early Learning Center DMCC
Economic Appeal
As of Q1 2023, more than 80% of the complex has been completed, while handover is scheduled for Q3 2023. When investing in SO/ Uptown Dubai Hotel & Residences property, you will be granted exclusive access to a number of services and privileges, which are as follows:
- 24-hour residence concierge and common area security
- Valet parking and doorman services
- Housekeeping, maintenance, utilities and property insurance
- Dedicated Owner Services Team
- Top Tier status in Accor Live Limitless loyalty programme
- In-residence dining, catering and delivery
- In-residence SO/ Spa treatments
- Preferred access and special rates for the SO/ Uptown Dubai Hotel amenities and venues
- Preferred rates on setting up a DMCC company
If you are interested in renting your property out, you can calculate the estimated profit based on the current indicators. As of Q1 2023, the ROI for 1-bedroom apartments in the neighbouring area of Jumeirah Lake Towers is 8.2%, according to Property Finder, with the initial rental cost currently AED 45K (USD 12K). Our property management service will come in handy if you do not wish to burden yourself with all the hassle of being a landlord.
Another advantage of investment in the SO/ Uptown Dubai Hotel & Residences real estate is your eligibility for either a 2-year investor visa or a 10-year Golden Visa, with a minimum qualifying amount of AED 750K (USD 204K) and AED 2M (USD 545K) respectively.
*The price is valid for 2023
FAQ
The developer of SO/ Uptown Dubai Hotel & Residences is the DMCC, which is one of the top free zones worldwide.
SO/ Uptown Dubai Hotel & Residences is conveniently located alongside Al Khail St in Uptown Dubai, DMCC.
You can acquire one of the 1–3 bedroom apartments, 2-bedroom duplexes or one of the two 3-bedroom half-floor penthouses.
The project is more than 80% completed, as of Q1 2023. The handover of the branded complex is scheduled for Q3 2023.
The master developer offers a convenient 20/80 payment plan.
As of March 2023, a 1-bedroom apartment in SO/ Uptown Residences is priced at a minimum of AED 1.78M (USD 485K). You can acquire a duplex for a minimum of AED 4.4M (USD 1.19M).
Yes, you will become eligible for a residency visa upon investing in this complex. Dubai offers several investor visa options, depending on the property value.
If your property costs AED 750K (USD 204K) or above, you can apply for a 2-year visa. At the same time, a minimum investment of AED 2M (USD 545K) grants you a 10-year Golden Visa.
Any nationality can acquire property in SO/ Uptown Dubai Hotel & Residences, since it is located within a freehold area. That said, you will be able to benefit from 100% property ownership for an unrestricted amount of time.
It is a perfect investment, since it will allow you to generate a decent income if you rent your property out — the adjacent JLT area offers a yield of 8.2% for 1-bedroom units. You will also be able to take advantage of preferred rates on setting up a DMCC company, a Top Tier status in Accor Live Limitless loyalty programme and much more.
SO/ Uptown Dubai Hotel & Residences is a perfect destination for business professionals and entrepreneurs who want to enjoy the thriving ecosystem of the DMCC, and unrestricted access to hotel facilities within the comfort of their own home.
Uptown Dubai is surrounded by excellent public transport infrastructure, with JLT, Dubai Star Tower, JLT, The Dome Tower and the DMCC Metro Station, located just a short walk away. Additionally, you will be able to easily access German Clinic 2 DMCC, which offers high-quality German standard general and specialized medical services.
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Metropolitan Premium Properties
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Internet City, Dubai, UAE
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