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Real Estate Rental Company Investment Opportunity in Dubai, United Arab Emirates

Vacation rental company with 150 apartments managed in Dubai seeks funding to upgrade the facility.
This transaction has concluded.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 6 million
Run Rate Sales USD 3 million
EBITDA Margin 10 %
Industries Real Estate Rental + 1 more
Locations  Dubai
Local Time 12:50 PM Asia / Almaty
Listed By Management Member
Status Active
Overall Rating
Partial Stake Sale
USD 2 million for 49.0% stake (Native Currency: AED 7,300,000)
Reason: To enhance our services by unifying our apartment amenities to match the standards of a 3 star hotel... View More
Includes physical assets worth USD 80 thousand
Interested to connect with advisors
Documents
Business Overview

- Company was started in 2010, and is engaged in providing vacation rental apartments in UAE.

- We are a group of 3 companies, where one of the companies invest in leasing out apartments.

- Our company promotes vacation rental services and rent out these apartments to different clients.

- At our peak in 2017-2018 we were having 350 apartments with AED 20-25 million in sales. Occupancy rate was 87% in 2018.

- As competition with vacation rental is high in 2019, we are running at a lesser monthly sales, close to AED 1 million.

- To improve our revenue prospects, we are looking to unify our stay standards and enhance our services to reach higher sales and profit margins.

Products & Services Overview

Vacation home rentals, monthly and weekly rentals.

Facilities Overview

Rented office space of 600 Sq. Mt. and 150 leased apartments.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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