Skai Holdings secures Dh927m sales for its Dh1.2bn 4-star hotel

Skai Holdings, the Dubai-based real estate investment company, has secured Dh927m worth of sales for its new Dh1.2bn four-star hotel, Suites in the Skai, in Dubai’s Jumeirah Village Circle.

Skai Holdings officially launched the project in June and has already sold all available hotel rooms and serviced apartments in the 60-storey tower. The remaining areas such as the food and beverage outlets, meeting rooms, spa and retail will be retained by the developer.

Located close to three of Dubai’s arterial roads – Al Khail Road, Sheikh Mohammad Bin Zayed Road and Hessa Street, Suites in the Skai will comprise 234-hotel rooms, 234 one-and-two bedroom apartments and 33 penthouses.

Construction on Suites in the Skai will begin in September 2014 with operations due to commence in 2017.

China State Construction Engineering Corporation (Middle East) has been appointed the main contractor. Atkins has been appointed lead consultants and architects while Tokyo-based Nao Taniyama will design the interiors and Australia’s TOPO Design Studio the landscaping. 

Five-star hotel rooms account for around two thirds (64%) of Dubai’s total hotel inventory, significantly above that of other key cities around the world such as London (32%) and Singapore (33%), according to STR Global.

Suites in the SKAI’s unique tri-star wing structure allows for each room and apartment to incorporate a vast landscaped garden. Conceptualised in-house by architect Nabil Akiki, CEO of Real Estate Development, Skai Holdings has filed a patent for the distinctive design.

The 117 one-bedroom hotel apartments will come complete with an outdoor sky garden and Jacuzzi while the 117 two-bedroom apartments include an 18 sq. ft. sky swimming pool and floor to ceiling windows with cascading water.  With a ratio of seven sq ft. of garden to every one sq ft. of land, guests will be able to step into a garden of tranquility and swim while enjoying the views of the Dubai skyline, 888 ft. below. 

The hotel will also house 33 state-of-the-art penthouses, boasting 225 ft. of frontage, the largest of any apartment in town. Located on the upper floors, the four-bedroom, 3,000 sq. ft. apartments will include a 2,600 sq. ft. lush sky garden with a soil depth of 4.2 ft., allowing for trees to be planted, a full-size outdoor swimming pool and Jacuzzi accommodating up to eight people.

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