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Newly Established Hotel for Sale in Dubai, United Arab Emirates

Prime fully furnished hotel apartment with 190 units in Dubai, ready to be operated.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Hotels
Locations  Dubai
Local Time 7:19 PM Asia / Dubai
Listed By Advisor / Business Broker
Status Active
Overall Rating
Full Sale
Asking Price: USD 120 million (Native Currency: AED 430,000,000)
Reason: The owner is a developer and not a hotel operator and is in the business of building hotels and sell... View More
Includes physical assets worth USD 120 million
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Available after connect
User Verification
Business Overview

The hotel apartment is brand new and currently not operating.

- Straight sale only, not leasing.

- Fully furnished and ready to be operated.

- This is a 4-star hotel apartment located in Palm Jumeirah, Dubai.

- The hotel apartment has a basement, ground floor, plus 9 floors.

- Its built-up area is 300k sqft and it has fully furnished 190 units including retail stores and restaurants.

- Kindly connect for more details.

Products & Services Overview

-Ready 4-star hotel apartment for sale.

-Primely located in Palm Jumeirah.

-Luxury furnished.

Assets Overview

B+G+9 floors.

190 units, including retail stores and restaurants.

Built-up area of 300k sqft.

Fully fitted and luxury furnished.

Facilities Overview

B+G+9 floors.

190 units, including retail stores and restaurants.

Built-up area of 300k sqft located in Palm Jumeirah. The land is owned by the developed which will be transferred to the buyer on purchase.

Capitalization Overview

The hotel apartment is brand new and currently not operating. Upon finding the right buyer, the entire hotel apartment will be sold to them.

Recent Activity
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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15 Buyers viewed this Business this week.
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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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