The Four Points by Sheraton Bur Dubai has announced renovation of its faclities, alloting Dhs22m investment made by hotel owner, The First Investor LLC. Th proprty is located on Khalid bin Walid Street, commonly known as Bank Street. From 15 May to 15 July 2009, the hotel will close all of its 125 guest rooms to facilitate the renovation works. The hotel is set to reopen by August.