If, like me, you love your racing. then this is close to paradise. From about 5.30 every morning to around 9.30 there were various strings of race horses working out on the track, and we were lucky enough to be there during a week when there was racing on 2 days. It was easy to follow the racing from our balcony, particular as the hotel TV carries Dubai Racing channel so you can catch up on racecourse gossip on the tv and then pop onto the balcony for the race.
We got a really good deal from e-bookers (40% off for a 6 night stay), which meant the panoramic suite we booked was actually cheaper than most regular hotel rooms in similar hotel grades down town. The suite was really spacious, with a generous plate of fresh fruit served to our room every day. There was loads of storage space for clothes - something I often find an issue on holiday. Having said that, the furnishings were beginning to show signs of wear and tear - the cupboard under the sink came off its hinges, if you opened it. Also the beautiful rainfall shower flooded our bathroom every time we used it as the door sealant was not particularly effective. This was actually quite dangerous - I went whizzing across the marble floor twice on pools of water I hadn't spotted. We did advise the hotel and they sent a maintenance man straight away - but it didn't seem to make any difference.
As for the rest of the hotel - we loved the hotel lounge and terrace - excellent service (except on one of 6 nights) and the food is superb. The pasta bar was also terrific - it's outside on the 8th floor and gives a really pretty view at night.
The hotel is a reasonable distance from downtown Dubai, but it didn't really bother us. We never found it hard to get a taxi and they were very cheap (UAE Dhm 25- 30 each way) for a half hour journey to the creek - less to some of the other spots.
Whilst food and general service at the hotel was excellent, housekeeping really let it down. On the first two days our room had not been cleaned by 3pm, even though we generally put the "make up room" sign on from about 8am each day. In the end we took to phoning housekeeping when we wanted the room cleaned - and then they would come straight away!
Also we wanted to have an extra wine glass for the room on one occasion (they had only given us one in the room) and they did not answer the phone. When we asked at reception they couldn't make contact with housekeeping either and they would not give us a glass from the bar - we never did get the second glass, even the next day!
The pool is another area worthy of consideration before you come. It is far too small for the number of guests. As we are early risers, we generally had no problem getting a sunbed but saw lots of people being turned away during the day. You could consider the free transit to use the Atlantis beach at The Palm, but it is a half hour drive, only one transit per day and the beach is packed and not really scenic - I think the hotel pool is nicer if you can get it!
All in all, we would go back again given the fantastic prices, food standard and general level of service, however you really need to be a little bit "horsey" for this to be your ideal environment.