The Ascott Limited, CapitaLand’s wholly-owned serviced residence business unit says it will start operating the 118-unit Ascott Park Place Dubai, its first Ascott-branded services apartments in the United Arab Emirates, from Oct 1.

The premier serviced residence occupies 15 floors of the spectacular 56-storey Park Place Tower, a high-end mixed use development that also comprises Grade A offices with prominent tenants such as Pictet & Cie, The Royal Bank of Scotland and the Hong Kong Trade Development Council.

All apartments come with a fully-equipped kitchen, ensuite bathrooms, modern amenities such as an iPod docking station, wireless Internet access and floor-to-ceiling windows, providing residents a view of Dubai city or the Arabian Gulf. Residents of Ascott Park Place Dubai can also enjoy facilities such as a 40-metre temperature-controlled swimming pool, a rooftop gymnasium with state-of-the-art equipment, steam and sauna rooms as well as a restaurant.

Situated in the heart of Dubai’s central business district on Sheikh Zayed Road, the serviced residence is close to the Dubai International Financial Centre and a 10-minute walk from the Dubai International Convention and Exhibition Centre. The Dubai World Trade Centre metro station is located just across the road from Ascott Park Place Dubai, allowing convenient access to major shopping malls and popular beaches in the vicinity. The property is also a short drive away from the Dubai International Airport and easily accessible via major transportation networks.

With the addition of Ascott Park Place Dubai, Ascott has a total of 636 apartment units in four serviced residences across three cities in the Gulf region. Ascott currently operates the 118-unit Somerset Al Fateh in Manama, Bahrain and the 200-unit Somerset West Bay in Doha, Qatar. Ascott also has plans for a 200-unit Ascott Bahrain at Raffles City Bahrain.