San Francisco-headquartered hospitality company, Sonder Holdings, has confirmed that it will open a 401-unit property in Business Bay in Dubai later this year.
Developed by SAAS Properties and operated by Sonder, the 35-storey building will become the largest property in Sonder’s global portfolio. Sonder operates in over 35 cities across ten countries, seven of which are in the EMEA region.
Sonder Business Bay will be available for both short and extended stays, and includes accommodation that ranges in size from a studio to 3-bedroom, with many of these units boasting of canal views.
It is the company’s third property in Dubai after Sonder JBR The Walk which opened in late 2019, and Sonder Downtown Towers that opened in Q4 2021.
The Business Bay property joins the existing 465 units Sonder operates at its two other locations in Dubai, bringing its total portfolio in the city to 866 units.
The guest amenities at Sonder Business Bay will include a lobby with marble flooring, a swimming pool, an F&B outlet, and a fitness centre.
“Opening our third location in Dubai makes us one of the largest full-building serviced apartment operators in the market, and the region remains a focus for Sonder. We’re proud to partner with SAAS Properties, a highly regarded real estate developer,” said Martin Picard, co-founder and global head of Real Estate at Sonder.
Driven Properties, a Dubai-based real estate development management consultancy, advised both the entities on the deal.
Sonder has approximately 19,300 live and contracted units worldwide as of Q1 2022. The company typically partners with real estate owners and landlords to lease, manage and operate hotel and multi-unit buildings in prime locations.
