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The Prime 230‑Key Hotel in Business Bay is a fully operational, four‑star hospitality asset located in Dubai’s foremost mixed‑use district adjacent to Downtown and the DIFC. Boasting 230 units across studios, suites, and interconnecting family rooms, the property spans over 225,000 sq ft of built‑up area on a 32,291.73 sq ft plot and comes with comprehensive amenities, including multiple F&B outlets, conference facilities, a gym, and an outdoor pool. Offered at AED 320 million (approx. USD 87 million), it promises an immediate income stream with a projected net yield of 6–7%—in line with current mid‑range hotel returns in Business Bay.
Business Bay itself is a flagship example of Dubai’s mixed‑use urban planning: a vibrant fusion of residential towers, commercial offices, hotels, and leisure facilities set along the Dubai Canal.
Sitting on a 32,291.73 sq ft (3,000 sqm) plot, the development has a total built-up area of 225,000 sq ft (20,903 sqm) of space incorporating 230 rooms that combines studios, suites and adjoining rooms, perfect for families and group of friends to stay together. Set on Sheikh Zayed Road, it’s a five-minute walk from the newly-opened Business Bay Metro Station, which from mid-October 2010 provides direct access to Emerging Dubai’s most significant locales – from The Dubai Mall and Downtown Burj Khalifa to Old Dubai and the steps of the Financial Centre.
The hotel has prime location close to business infrastructure and must-visit sites. It is near Burj Khalifa and Dubai Mall, which means residents are just a short walk away from two of the most popular features of Dubai. The adjoining Dubai Canal promenade has views to savour with a selection of high-end dining and shopping. Its great location next to DIFC and the big corporate head offices means the business types are pretty much guaranteed all year long.
Dubai’s hospitality sector continues to exhibit robust fundamentals:
The Prime 230‑Key Hotel in Business Bay is a strong, turn‑key opportunity for hospitality investment in one of Dubai’s highest‑growth districts. The strategic location, comprehensive amenities, and proven financial metrics position the project to deliver stable cash flow and capital appreciation. As global travel recovers, Dubai’s hospitality sector is primed for further growth, with demand for mid‑market hotels forecast to increase by 10% in 2025 according to Deloitte, making for even higher occupancy levels for a so‑located and so‑positioned asset. In addition, the Dubai Sustainable Tourism Stamp initiative reinforces the UAE’s trailblazing approach in the realm of sustainable tourism, adding traction for the hotel with conscious travelers and corporate stakeholders who operate under ESG guidelines. Eventually, with the continuous influx of new businesses and the introduction of new commercial structures across the region – in addition to waterfront upgrades along the Dubai Canal – investors will not only benefit from the operational consistency of these assets over time but also from additional future returns that the area is sure to bring as Business Bay realizes its goal of being the top urban destination in the years to come.
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