SLS Dubai Hotel & Residences - SLS Dubai - Business Bay  

SLS Dubai Hotel & Residences is a 75 storey, honeycomb shaped tower located in the Business Bay district. This tower will have hotel rooms, serviced apartments, and residential apartments. This is a very unique development, offering larger apartments close to Downtown Dubai.

Master Community: Business Bay
Property Types Available: Apartments, Hotel Serviced Apartments
Location: Al Khail Road
Status: Under Construction
Year Launched: 2017
Estimated Completion Date: December 2020
Developer: World of Wonders Real Estate Development
Architect: Aedas
Contractor: Gunal
Title Type: Freehold
Quality Classification: Luxury
Height Classification: High-rise
Life Cycle: Under Construction
Special Classification: Hotel Serviced Apartments, Residential Building , Residential Building with some retail
Under Construction Buildings: 1
Under-Construction Apartments: 371
Floors: 75
Maintenance Fee: 20
Total Under-Construction Hotel Apartments: 321
No. of Under-Construction Hotel Rooms: 254

Lookup.ae reports prices and transactional information for Business Bay

Investment Feasibility & Decision Drivers

Snapshot summary for investing in SLS Dubai Hotel & Residences - SLS Dubai

Investment Score

Value for Money
75%
Project Uniqueness
85%
Location & Connectivity
75%
Rental Yield Expectation
60%
Capital Growth Expectation
70%
More information on investment scores

Total Score

Synopsis

Sale Status: Partially sold out. Units available.

Payment Plan: Somewhat investor friendly

Ideal for: Investors

Price Range: AED 1,600 PSF - AED 1,700 PSF

Unit Types Available: Apartment, Hotel Serviced Apartment

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What Our Experts Think

SLS is a well-known luxury brand and SLS Dubai is the first flagship project in Dubai. This tower encompasses hotels, hotel serviced apartments, and residential apartments. Currently, the developer is only selling the residential apartments.

These are suitable for investors and end-users with a long-term outlook. The front-facing units have views of the sea, Burj Khalifa, World Islands, and Jumeirah Bay, while the other side overlooks MBR City and Dubai Creek Harbour (eventually The Creek Tower). Once ready, SLS Dubai will be a popular spot amongst UAE residents and tourists, as the hotel component will have a night club and multiple fine-dining restaurants, as well as a spa.

Luxury studios, one, and two bedroom apartments and loft apartments in Business Bay

SLS Dubai - luxury residences on a payment plan. Completing soon. Contact for more info.

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About SLS Dubai Hotel & Residences - SLS Dubai

Overview

SLS Dubai Hotel & Residences is a 75-storey tower offering 360 degree views across Dubai. The tower will have 10 floors of the SLS Hotel at the top, featuring 254 hotel rooms. The remaining 65 floors will feature 321 hotel apartments and 371 residential apartments. The rooftop will have 2 infinity pools and nightlife venue. The completion is expected in December 2020. 

The "honey comb" design of the building allows each unit to have views, as well as maintain privacy from the neighboring apartment. 

SLS residents will have access to the following:

  • Lap Pool
  • Leisure Pool 
  • Kids Pool 
  • Jacuzzi
  • Spa 
  • Vitamin Bar
  • Fully equipped gym (Technogym)
  • Multipurpose room
  • Concierge 
  • Residences Lobby

The project was fully financed by the developer. The construction company, Günal is also an arm of the developer.

This project is being sold around AED 1600 - AED 1700 per sq. ft. 

Types, Sizes & Prices

BedroomsSize Range (Sq. Ft.)Price Range (AED)Price Range (USD $)
Studio669 - 6981,110,888 - 1,287,888304,103 - 352,556
One Bedroom Type A8081,538,888 - 1,562,888421,267 - 427,837
One Bedroom Type B, C, D, & E1,081 - 1,1241,711,888 - 1,942,888468,625 - 531,861
One Bedroom Loft1,081 - 1,1661,857,888 - 2,061,888508,592 - 564,437
One Bedroom Duplex1,133 - 1,2561,896,888 - 2,107,888519,268 - 577,029
Two Bedroom Duplex1,917 - 1,9622,873,888 - 3,178,888786,720 - 870,213

All the materials used are high quality. To see the list of materials, please visit the fact sheet in the downloads section. 

Payment Plan

10% Down Payment, 20% On Handover, 70% After handover (Over 3 years) 

The developer also has a tie-up with Dubai Islamic Bank for UAE Residents to get a mortgage:

10% Down Payment, 5% Every Month, 20% On Completion, 50% After Handover (up to 7 years).


DLD Details:

Project Name: SLS Dubai

Project Registration Number: 1886 

Trustee: Abu Dhabi Commercial Bank 

Account Number: 10516910159001 



Amenities of SLS Dubai Hotel & Residences - SLS Dubai

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