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Hotel Assets for Sale in Dubai, United Arab Emirates

For Sale: Brand new 4-star hotel located in Palm Jumeirah, Dubai.
This Business is on a Premium Plan
Ownership Duration 0-1 year(s)
Industries Hotels
Locations  Dubai
Local Time 3:27 AM Asia / Dubai
Listed By Advisor / Business Broker
Status Active
Overall Rating
Asset Sale
Asking Price: USD 100 million (Native Currency: AED 385,000,000)
Reason: The owner wants to focus on other projects and wishes to sell this asset.
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Assets Description

- Our client is seeking to sell a brand new 4-star hotel. The facility has never been used before and is being newly constructed.

- The asset will be handed over to the prospective buyer in the first quarter of next year after completing the interior furnishing & construction.

- The hotel has circa 200 rooms across all hierarchies along with a few retail units and villas.

- The facility is located in a prime location of Palm Jumeirah, Dubai.

- BUA area of 310,000 sq. ft.

- The owner possess the ownership of the land where the hotel is being constructed.

- A Strong Operator is in place ready to lease property for 5-10 yers assuring income to buyer.

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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. 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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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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