SO/ Uptown Dubai Hotel & Residences

Uptown Dubai, Dubai

1-3BR Apartments, 2BR Duplexes, 3BR Penthouses bed627 sqft

AED 1,780,000

AED 2838.92 /sq ft

Property Description

With DMCC, one of the world's leading free zones, and Accor Group, the SO/ Uptown Dubai Hotel & Residences is a first-of-its-kind development in the Middle East. Uptown Dubai, DMCC 81-storeys will feature 22 floors of grade-A offices, while the upper 28 floors will feature 227 unfurnished SO/ Residences, including 1–3 bedroom apartments, 2 bedroom duplexes and only two 3-bedroom penthouses.. A 188-room SO/Uptown Dubai Hotel by the world-renowned Accor Group will occupy 10 floors of the project. Adrian Smith + Gordon Gill Architecture designed the luxury project that will be reminiscent of diamonds. In addition, Adrian Smith is renowned for his outstanding work on the world's tallest building, the Burj Khalifa. As for the contractor, BESIX, the same company that built the iconic Atlantis The Royal Dubai, will handle the project. The real estate for purchase within the development ranges in size from 627 sq. ft. to 3,500 sq. ft. Each residence will come with a balcony and a powder room, while select layouts will include a maid's room and a laundry room for the absolute comfort of occupants. A 1-bedroom property in SO/ Uptown Residences starts at AED 1.78M (USD 485K), while a duplex can be purchased for AED 4.4M (USD 1.19M). North 43 in Jumeirah Village Circle is also an option if you're looking for a residence with access to hotel facilities. *Prices are valid for 2023 Based on the current indicators, you can calculate the estimated profit of renting out your property. In Q1 2023, the ROI for 1-bedroom apartments in the vicinity of Jumeirah Lake Towers is 8.2%, according to Property Finder, with an initial rental cost of AED 45k (USD 12k). Should you not wish to deal with all the hassles of being a landlord, our property management services will be a great help. Investment in the SO/ Uptown Dubai Hotel & Residences real estate may also qualify you for a 2-year investor visa or a 10-year Golden Visa with a minimum qualifying amount of AED 750K (USD 204K) or AED 2M (USD 545K).