Luxury Hotel for Sale in Dubai, UAE
For sale: Brand-new luxury hotel in a prime location that has 180 rooms.
Premium Plan
| Established | 1-5 year(s) |
| Employees | < 2 |
| Legal Entity | Other |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Luxury Hotels |
| Locations | Dubai |
| Local Time | 8:32 PM Asia / Dubai |
| Listed By | Advisor / Business Broker |
| Status | Active |
Full Sale
Asking Price:
USD
98 million
(Native Currency: AED 360,000,000)
Reason: It's a hotel built by a well-esteemed developer in Dubai.
We are advisors representing the client o...
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Includes physical assets worth
USD
98 million
Documents
Business Overview
- The hotel is located in a prime tourist area, by the sea.
- It consists of 180 keys, and will serve the needs of a growing upscale audience searching for stylish and high-standard accommodation which is reasonably priced and conveniently located.
- It will provide its clients with easy access to the entrance of the Palm and easy exit which will undoubtedly speed travel for business people wishing to reside in the area.
- The hotel also has 2 restaurants with a seating capacity of 100 pax.
- The construction has been completed and is up for starting operations.
- It is expected to have 80% occupancy year throughout the year.
- It consists of 180 keys, and will serve the needs of a growing upscale audience searching for stylish and high-standard accommodation which is reasonably priced and conveniently located.
- It will provide its clients with easy access to the entrance of the Palm and easy exit which will undoubtedly speed travel for business people wishing to reside in the area.
- The hotel also has 2 restaurants with a seating capacity of 100 pax.
- The construction has been completed and is up for starting operations.
- It is expected to have 80% occupancy year throughout the year.
Products & Services Overview
Luxury hotel in a prime location that has 180 rooms and 2 restaurants.
Assets Overview
The hotel is fully furnished and equipped with room furnishings, kitchen equipment, and CCTV cameras.
Facilities Overview
The built-up area is 97,050 sqft (B+G+11 floors). The hotel has.• 180 deluxe hotel rooms.
• Lobby.
• Meeting spaces.
• Media center.
• Lobby cafe.
• All-day dining.
• Shisha garden.
• Rooftop restaurant.
• Rooftop pool.
• Gym.
• Prayer rooms.
• Basement storage and offices.
• Staff housing.
Capitalization Overview
- Company has 1 owner.- Business has no loan.
- The hotel belongs to the developer who built and furnished it.
Recent Activity
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Earlier than 15 daysIndependent Broker, Dubai, Commercial Real Estate Broker connected with the Business
-
Earlier than 15 daysOffice Manager, Dubai, Business Broker connected with the Business
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Earlier than 15 daysOwner, Dubai, Commercial Real Estate Broker connected with the Business
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