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Hotel Assets for Sale in Dubai, United Arab Emirates

Operational 5-star hotel in Dubai with 19 floors for sale with both land and building.

Ownership Duration 10-20 year(s)
Industries Hotels
Locations  Dubai
Local Time 3:03 PM Asia / Dubai
Listed By Advisor / Business Broker
Status Active
Overall Rating
Asset Sale
Asking Price: USD 160 million (Native Currency: AED 600,000,000)
Reason: The owner wants to exit and use the funds from the sale for investment purposes. Note: Buyer will b... View More
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Assets Description

- 5-star hotel in Business Bay built on a plot area of 31,800+ sq. ft.

- G+19 building with a BUA of 189,288 sq. ft.

- The hotel has a total of 278 rooms, which include:

• 127 normal rooms.

• 18 deluxe rooms.

• 58 premier rooms.

• 31 suites.

- The hotel has all amenities like the swimming pools, gymnasium, restaurants, and a business center.

- Hotel has a 24-hour reception with a concierge and valet facility.

- The ground floor has a few commercial spaces as well.

- 35 employees work in the entire hotel at any given time.

- This transaction is listed by an advisor based in Dubai.

- Buyer will be charged 2% of the deal amount as brokerage.

- Buyer gets both land and building.

Recent Activity
  • 1 week, 3 days ago
    Founder, Mumbai, Financial Consultant connected with the Business
  • 1 week, 4 days ago
    Director, London, M&A Advisor connected with the Business
  • Earlier than 15 days
    GM, Cluj-Napoca, Financial Consultant connected with the Business
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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2 Investors contacted this Business this month.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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