For Sale:
Dubai Apartments
Business Bay
The First Collection Business Bay
Bayut - CB-S-005232
Distress | Full hotel studio | Investment
AED750,000
Est. Payment AED 3.4K/mo
Get Pre-Approved
The First Collection Business Bay, Business Bay, Dubai
Studio
1 Bath
353 sqft

Distress | Full hotel studio | Investment


Coldwell Banker is pleased to present studio apartment in 4-stars hotel The First Collection Business Bay for sale.




Features and amenities:

• Contracted hotel studio

• 1 Bath

• Size: 353.06 sq ft

• Fully furnished

• Investor's deal

• Exclusive

• Studio is not for living in

• No kitchen in the apartment

• Hotel rents apartments out and manages it fully

• Pure investment

• Pool share revenue basis of rental income

• Latest 6 months net income 28k

• 14 days complimentary stay a year for owners

• Prime location

• Room service

• Gym

• Swimming pool

• Spa

• Restaurant




The First Collection (Sky bay hotel) offers advantage of effortless property management, as the hotel's staff takes care of rentals. Even during periods of vacancy, property owners can secure a reliable return on investment via a profit-sharing arrangement linked to the hotel's overall earnings. The hotel's streamlined central reservation system guarantees a consistently impressive level of occupancy.




Situated within Dubai's vibrant Business Bay district, this lifestyle hotel is in close proximity to the city's renowned landmarks such as the Burj Khalifa and Dubai Mall, as well as pivotal commercial hubs and a comprehensive transportation network.

With a total of 437 chic guestrooms and suites, numerous of which provide breathtaking vistas of Dubai's iconic skyline, The First Collection Business Bay presents a plethora of environmentally conscious guest facilities. This establishment serves as an ideal hub for both business and leisure voyagers, offering them an exceptional starting point to discover the enchanting City of Dreams.




Contact our specialist agent, Maryna, for your private viewing now.




Company name: Coldwell Banker

RERA ORN: 1201

Address: Office 1211, Onyx Tower 1, Greens, Dubai

Office phone no:

Primary email:

Website: www. coldwellbanker. ae

Property Information

  • TypeApartment
  • PurposeFor Sale
  • Reference no.Bayut - CB-S-005232
  • CompletionReady
  • FurnishingFurnished
  • Average Rent
  • Added on17 August 2023

Features / Amenities

Centrally Air-Conditioned
Lobby in Building

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Mortgage

This property is no longer available
Coldwell Banker - Marina
Coldwell Banker - Marina
Agent:Maryna Mokhir