Sls Dubai in Business Bay - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Sls Dubai

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
Studio	60	23,817	1,440,000
1	107	21,701	2,325,000
2	178	17,933	3,190,092

Rents in Sls Dubai

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
Studio	61	1,557	95,000
1	105	1,625	170,625
2	177	1,841	325,000

The cap rate (rental yield) of investments into Sls Dubai project is 8.1% on average.

The price of an apartment in Sls Dubai is 20,888 AED/sqm on average.

The long term rent of an apartment in Sls Dubai is 1,683 AED/sqm/year on average.

Price for completed Studio apartment in Sls Dubai is 1,440,000 AED or 23,817 AED/sqm.
Price for completed 1 bedroom apartment in Sls Dubai is 2,325,000 AED or 21,701 AED/sqm.
Price for completed 2 bedroom apartment in Sls Dubai is 3,190,092 AED or 17,933 AED/sqm.

Rent for Studio apartment in Sls Dubai is 95,000 AED or 1,557 AED/sqm.
Rent for 1 bedroom apartment in Sls Dubai is 170,625 AED or 1,625 AED/sqm.
Rent for 2 bedroom apartment in Sls Dubai is 325,000 AED or 1,841 AED/sqm.

About Sls Dubai

'Sls Dubai' in 'Business Bay' area project description

The SLS Dubai is a luxury lifestyle and hospitality project located in the heart of Dubai’s downtown district. It is a unique and iconic development that will redefine the city’s skyline. The project is being developed by Meraas, a leading real estate developer in the UAE. It is a mixed-use development that will include a hotel, residences, retail, and entertainment.

The SLS Dubai will feature a five-star hotel with over 500 rooms and suites. It will also have a variety of luxury residences, ranging from one-bedroom apartments to four-bedroom penthouses. The residences will feature high-end amenities and services, such as a private pool, fitness center, and spa.

The retail component of the project will include over 100 stores, ranging from luxury boutiques to everyday convenience stores. It will also feature a variety of restaurants and cafes, as well as a food court.

The entertainment component of the project will include a variety of attractions, such as a movie theater, bowling alley, and an indoor ski slope. It will also feature a nightclub, a casino, and a rooftop bar.

The SLS Dubai is expected to be completed in 2021. It is a unique and iconic project that will redefine the city’s skyline and provide a luxurious lifestyle experience for its residents and visitors. The project is expected to attract tourists from around the world and will be a major contributor to the local economy.

Q&A on Sls Dubai

What are the advantages of 'Sls Dubai' project in Dubai for property buyers? What are the disadvantages?

1. Prime Location: Sls Dubai is located in the heart of Dubai, close to major attractions such as the Dubai Mall, Burj Khalifa, and the Dubai Marina. This makes it an ideal location for real estate buyers looking for a convenient and central location.

2. Luxury Amenities: Sls Dubai offers a range of luxury amenities, including a swimming pool, gym, spa, and private beach. This makes it an attractive option for those looking for a luxurious lifestyle.

3. High Quality Construction: Sls Dubai is built to the highest standards, using the latest technology and materials. This ensures that the buildings are of the highest quality and will last for many years.

4. Affordable Prices: Sls Dubai offers competitive prices for real estate buyers, making it an attractive option for those looking for a good investment.

5. Great Investment Potential: With its prime location and luxury amenities, Sls Dubai is a great option for real estate buyers looking for a good return on their investment.

What projects are better than 'Sls Dubai' project in Dubai which are located close by, and why?

- The Opus by Omniyat: Designed by the legendary architect Zaha Hadid, The Opus stands out because of its iconic architecture featuring a unique void in its center. It offers ultra-luxurious residences, a boutique hotel, exclusive restaurants, and top-tier amenities, making it a standout in Business Bay.

- Paramount Towers by DAMAC: This project combines Hollywood-themed luxury with DAMAC’s high construction standards. The development includes hotel rooms and serviced apartments with interiors inspired by Paramount Pictures, in addition to access to stunning amenities like rooftop infinity pools, fitness centers, and themed restaurants.

- Bahwan Tower: Known for its high-quality finishes and focus on resident comfort, Bahwan Tower offers spacious apartments with modern designs. The tower is strategically located, providing easy access to Downtown Dubai, along with numerous amenities such as a swimming pool, fitness center, and children's play area.

- Volante Tower: This 35-floor residential tower is designed for those seeking exclusivity and luxury. It offers large, high-end apartments with private elevators, full-floor or half-floor layouts, and stunning views of the Dubai Canal and Burj Khalifa. The tower includes amenities like a private cinema, spa, and clubroom.

- The Atria by Deyaar: A twin-tower complex offering both residential apartments and serviced apartments. It provides a contemporary living experience with spacious units, high-quality interiors, and a host of amenities including swimming pools, a spa, and a kids’ area. Its strategic location also ensures easy access to both Business Bay and Downtown Dubai.

- Executive Towers: This mixed-use complex provides a host of residential and commercial spaces. The towers feature spacious apartments, excellent community facilities such as parks and walkways, proximity to Bay Avenue Mall, and a variety of dining options.

- The Residences at the St. Regis Dubai: These branded residences offer unparalleled luxury and service. Located in the Opera District, this project benefits from its association with a prestigious brand and offers residents the convenience of bespoke services, premium finishes, and exclusive amenities.

Each of these projects exceeds the SLS Dubai project in varied aspects such as iconic architecture, thematic luxury, high-quality finishes, exclusivity, strategic location, and extensive amenities.