Hotel Apartments for sale in Business Bay

How many hotel apartments are listed for sale in Business Bay?

On Bayut, the number of currently listed hotel apartments is 94.

How much do the asking sale prices vary for hotel apartments in Business Bay?

The asking prices of hotel apartments in Business Bay listed on Bayut vary from AED 350,000 to AED 5,087,000.

Which locations in Business Bay are known for their hotel apartments?

Locations popular for buying hotel apartments are as follows:

• SLS Dubai Hotel & Residences
• DAMAC Towers by Paramount Hotels and Resorts
• Aykon City

How much do hotel apartments cost on average in Business Bay?

According to the last 6 months' listings on Bayut, hotel apartments in Business Bay have an average asking price of AED 1,355,433. The prices can vary depending on the property’s size, type, condition, etc.

What are the asking prices of hotel apartments by size in Business Bay?

According to Bayut's listings from the past 6 months, the average asking prices for hotel apartments in Business Bay, segmented by size, are outlined below:

• Studio: AED 963,887
• 1 Bedroom: AED 1,854,678
• 2 Bedrooms: AED 2,108,647
• 3 Bedrooms: AED 2,884,335

Have asking sale prices risen or fallen for hotel apartments in Business Bay?

A change of +2% is observed over the last 6 months in the sale prices of hotel apartments.

How do asking prices in preferred locations in Business Bay compare when buying hotel apartments?

Below is an overview of average asking prices for buying hotel apartments in preferred locations in Business Bay:

• SLS Dubai Hotel & Residences: AED 2,490,331
• DAMAC Towers by Paramount Hotels and Resorts: AED 1,135,557
• Aykon City: AED 1,247,051

What ROI can be expected from hotel apartments in Business Bay?

Currently, you can expect returns of 5.62% from hotel apartments. Several factors such as property's type, size, features and market conditions can impact the ROI.

What are the closest areas near Business Bay for buying hotel apartments?

These areas can be considered for purchasing hotel apartments close to Business Bay:

• Downtown Dubai
• Za'abeel
• City Walk

How do asking prices of hotel apartments listed in areas close to Business Bay vary?

Below are areas close to Business Bay along with average asking prices of hotel apartments listed on Bayut:

• Downtown Dubai: AED 7,284,322
• Za'abeel: AED 12,090,909
• City Walk: AED 714,728

What is the total sale transaction volume for hotel apartments in Business Bay?

As per the transactions recorded by DLD, the total number of hotel apartments sold in Business Bay during the past 12 months is 325.

How much is the average sale price for hotel apartments in Business Bay?

The transaction price for hotel apartments in Business Bay has averaged at AED 1,048,317 in the past 12 months according to DLD’s transactional data.

What is the cost of hotel apartments sold in Business Bay based on number of bedrooms?

According to DLD, the average cost of hotel apartments sold in Business Bay based on various bedroom categories is as follows:

• Studio: AED 815,968
• 1 Bedroom: AED 1,337,373
• 2 Bedrooms: AED 1,910,801
• 3 Bedrooms: AED 2,967,445

Did the sale prices of hotel apartments change recently in Business Bay?

According to DLD’s transactional data, there was a +3% change in the sale prices of hotel apartments in Business Bay.

What are the transaction prices for hotel apartments sold in prime locations in Business Bay?

As per DLD's records, the average transaction prices of hotel apartments sold in Business Bay's prime locations are as follows:

• SLS Dubai Hotel & Residences: AED 1,994,852
• DAMAC Towers by Paramount Hotels and Resorts: AED 1,273,596
• Aykon City: AED 1,054,429

What are the prices of hotel apartments sold in neighbourhoods close to Business Bay?

The average prices of hotel apartments sold in nearby neighbourhoods, as per DLD, are:

• Downtown Dubai: AED 5,813,376
• Za'abeel: AED 7,883,690
• City Walk: AED 622,420