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60/40 · paid from booking to handover
Developer payment plan · Dec 2025
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Open in Google MapsSofitel Dubai The Obelisk is undeniably one of the most visually arresting and culturally significant architectural achievements in Dubai. Developed within the renowned WAFI City complex in Bur Dubai, this towering 50-storey structure takes the literal shape of an ancient Egyptian obelisk, capped with a striking gold pyramidion. Seamlessly blending the legendary luxury of the French hospitality brand Sofitel (Accor) with the rich, pharaonic aesthetic of Wafi, the building is a masterclass in thematic design. The property integrates a sprawling 498-room five-star hotel with 97 highly exclusive, fully serviced residential apartments, offering an unparalleled living experience for elite corporate executives, expatriate families, and discerning global investors.
Choosing to reside or invest in the serviced apartments at Sofitel The Obelisk means embracing a lifestyle of absolute, effortless luxury. The development was designed to cater to those who demand the privacy and space of a permanent home, but refuse to compromise on the five-star service standards of a world-class hotel. From the moment residents enter the grand lobby—adorned with massive golden falcons and a spectacular nine-meter-wide stained-glass chandelier in the shape of a lotus flower—it is clear that The Obelisk operates in an entirely different echelon of luxury real estate in Bur Dubai.
The Obelisk was brought to life by the visionary Wafi Group (with construction executed by elite regional contractors), expanding upon their iconic WAFI City master plan. The property is managed by Sofitel, the flagship luxury brand of the global hospitality giant, Accor.
This dual powerhouse backing provides immense security for investors and residents. The Wafi Group is renowned for its uncompromising commitment to thematic, high-quality development, ensuring the building's structural integrity and aesthetic grandeur. Meanwhile, Accor’s management guarantees that the day-to-day operations, from housekeeping to concierge services, adhere to the strictest international five-star standards. For investors holding serviced apartments, this professional, globally recognized management ensures the property is impeccably maintained, fiercely protecting capital value and ensuring the highest possible rental yields when the property is placed in the hotel’s rental pool.
Bur Dubai is the historic commercial soul of the emirate, a district that beautifully juxtaposes Dubai's rich trading heritage with its modern ambitions. WAFI City, located in the Oud Metha sector of Bur Dubai, is a destination in itself—a sprawling complex of luxury retail, dining, and healthcare, all unified by its distinctive ancient Egyptian architectural theme.
Sofitel The Obelisk occupies the most prominent position within this complex. The location offers residents an unparalleled lifestyle paradox: the immersive, opulent tranquility of the hotel's interior, coupled with immediate, walking-distance access to some of the most vital infrastructure in the city. The hotel is physically connected to the Wafi Mall, providing instant access to luxury boutiques, a traditional souk (Khan Murjan), and diverse entertainment options. Furthermore, it sits immediately adjacent to Dubai Healthcare City (DHCC), making it the absolute premier residential choice for visiting medical professionals, consultants, and medical tourists.
In the context of Dubai real estate, the connectivity offered by The Obelisk is nothing short of exceptional. The development provides residents with immediate, uncongested access to the city’s most critical arterial road, Sheikh Zayed Road (E11), and Al Khail Road.
The architectural design of The Obelisk is a triumph of thematic engineering. The exterior is sleek and modern, yet its obelisk shape is instantly recognizable, dominating the Bur Dubai skyline.
Internally, the 97 serviced apartments are a masterclass in fusing French Art Deco with Egyptian heritage. The development offers a highly exclusive unit mix, ranging from spacious Studios to expansive 3-Bedroom apartments.
Residents of the serviced apartments benefit from the full, uncompromised suite of Sofitel hotel amenities, ensuring a lifestyle of absolute indulgence.
As a fully completed, highly iconic project, Sofitel The Obelisk represents an incredibly secure, immediate-yield investment. The serviced apartment model is particularly attractive in this location. Due to its immediate proximity to Dubai Healthcare City and the airport, the property experiences exceptionally high, year-round occupancy from corporate travelers, medical tourists, and affluent expatriates demanding long-term, hassle-free luxury leases. The backing of the global Accor network ensures maximum marketing visibility, driving robust rental returns (ROI) and securing steady, long-term capital appreciation for this unique architectural landmark.
Sofitel Dubai The Obelisk is a visionary masterpiece that successfully brings the grandeur of ancient Egypt and the elegance of French hospitality to the heart of Bur Dubai. By offering expansive, fully serviced residential apartments integrated with world-class dining and wellness amenities, the Wafi Group has created the ultimate urban sanctuary. Supported by its incredible proximity to Dubai Healthcare City and DXB Airport, The Obelisk stands as a supremely luxurious home for global executives and a highly secure, prestigious asset for astute real estate investors.
Images supplied by the developer may be renders and can differ from the finished unit. Floor plans are indicative.
Sofitel - The Obelisk by Al Fara''ah Properties in Bur starts from Price on Request. Prices vary based on unit type, floor, and view. Contact our team for detailed pricing across all available layouts and current promotional offers.
Sofitel - The Obelisk offers a flexible payment plan payment structure. Typical plans include an initial booking deposit, installments during construction, and final payment on handover. Our consultants can explain the specific payment schedule and help you plan your investment.
Sofitel - The Obelisk is scheduled for completion in TBA. The project is ready for immediate occupancy.
Sofitel - The Obelisk by Al Fara''ah Properties in Bur offers strong investment potential. Bur is one of Dubai's sought-after locations with consistent demand from both residents and investors. The project's location, developer reputation, and payment plan make it attractive for both end-users and investors seeking rental yields or capital appreciation.
Sofitel - The Obelisk is developed by Al Fara''ah Properties, an established property developer in Dubai's real estate market. All developers in Dubai are regulated by RERA to ensure buyer protection.
Sofitel - The Obelisk offers world-class amenities including Swimming Pool, Gym, Kids Play Area, 24/7 Security, Parking and 1 more facilities. These amenities are designed to provide residents with a premium lifestyle experience.