Park Lane Business Bay - Business Bay  

Park Lane consists of office space and a hotel / hotel serviced apartments to be managed by Park Regis (a member of the Stay Well Group).The office floors have been delivered & are occupied. The hotel is scheduled for opening in Q4 2018. As of Oct 2018, there are a limited number of hotel serviced apartments available for sale on a payment-plan. The developer of the project is offering a guaranteed 8% rental return to investors for the first two years following handover.

Master Community: Business Bay
Property Types Available: Offices, Hotels, Hotel Serviced Apartments
Location: Sheikh Zayed Road
Status: Ready
Year Launched: 2008
Estimated Completion Date: December 2018
Developer: The Developer Properties
Hotel Operator: Park Regis
Title Type: Freehold
Height Classification: High-rise
Life Cycle: Partially delivered
Floors: 38
Total Hotel Apartments: 234 reports prices and transactional information for Business Bay

Investment Feasibility & Decision Drivers

Snapshot summary for investing in Park Lane Business Bay

Investment Score

Value for Money
Project Uniqueness
Location & Connectivity
Rental Yield Expectation
Capital Growth Expectation
More information on investment scores

Total Score


Sale Status: Nearly sold out. Limited units available.

Payment Plan: Average payment-plan

Ideal for: Investors

Price Range: AED 2,100 PSF - AED 2,300 PSF

Unit Types Available: Hotel, Office, Studio Hotel Serviced Apartment, 1 Bedroom Hotel Serviced Apartment

Speak to an Expert Now

What Our Experts Think

This is a unique investment opportunty. You can buy a hotel room in the Park Regis Business Bay for prices ranging from AED 800,000 - 1,100,000. The hotel will pay you a 8% guaranteed rental income for the first 2 years of hotel operation.

Park Lane also has a prime location, right opposite JW Marriott and Habtoor City.

Building structure is complete; opening scheduled for Q3 or Q4 of 2017.

- Updated Oct 2018

Park Lane Business Bay Dubai - Hotel Rooms guaranteeing 10% rental ...

 Published on Sep 24 2016   6,930 Views

 Source: LOOKUP.AE

 Category: Investment Guide

Park Lane is a mixed-use development in Business Bay, right off Sheikh Zayed Road. The hotel & office building is close to completion.
Investors can purchase hotel rooms within the development which offer a guaranteed 10% rental income.

Park Lane in Business Bay - Hotel Apartments for sale

Studios from AED 700,000. 1 Bedrooms from AED 1.45 million. 8% guaranteed rental income + other benefits. Flexible payment terms available. Send your inquiry to connect with the project sales team.

Subscribe to’s Mailing List to receive property news and opportunity alerts.

About Park Lane Business Bay

Park Lane consists of office space and a hotel / hotel serviced apartments to be managed by Park Regis (a member of the Stay Well Group).

Overview & Breakdown

Park Lane was originally launched by KM Properties in 2007; however, the project was put on hold following the 2008 financial crisis. The project was revived in 2013 / 2014 through the Dubai Land Department Tanmia Initiative. The building's construction (as of Jan 2016) is in an advanced stage and completion is scheduled for Q1 or Q2 2016.

- Floors 1 - 22 are office space. Executive Office space is available on the 31st and 32nd floor.

- Hotel apartments are from the 23rd - 30th floor

- There are a total of 234 hotel apartments, studios and 1 bedrooms only.

- Park Regis, a member of Staywell Hospitality has been appointed as the hotel operator.

- Each floor in the hotel component consists of 26 units (24 studios and 2 one bedrooms). The studios range in size from 304 - 507 sq. ft. while the 1 bedrooms have built up areas of 763 sq. ft.


If I invest in a hotel room, can I rent my unit out myself?

You have to sign a management agreement. 8% rental return is guaranteed for the first 2 years.

After the first 2 years, all units will be in a rental pool meaning that revenues will be shared based on the size of the units; distribution by management company will be done on a per sq. ft. basis.

Benefits for owners

- 14 nights free stay annually

- 1st year recreational membership free

- No services charges

- No maintenance fees

- 15% discount on F&B outlets (even if you're not staying at the hotel)

Are units available for sale?

As of October 2018, there are limited hotel rooms for sale. The developer is still offering a guaranteed 8% rental income for the first two years.

Dubai Land Classification Details:

Land Number: 88

Project Number: 20

RERA Permit No : 15128

Positives of Park Lane Business Bay

Amenities of Park Lane Business Bay

Help us to improve this section