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62 852 031 €

Hotel in Dubai, UAE, 21 751 sq.m
  • Hotel in Dubai, UAE, 21 751 sq.m - picture 1
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  • Hotel in Dubai, UAE, 21 751 sq.m - picture 1
  • Property ID on Prian.info: 3203464
    Last update: 14.07.2023
    Number of views: 2904

62 852 031 €

Hotel in Dubai, UAE, 21 751 sq.m

21751 sq.m 7.6% per year
Citizenship

  • Property ID on Prian.info: 3203464
    Last update: 14.07.2023
    Number of views: 2904

Specifications

Sale price 62 852 031 €
Price per square meter 2 889.39 €
Floor area 21 751 sq.m
Construction phase Resale
Date of construction 2018
Number of storeys 14
Address UAE, Dubai, Al Barsha, Al barsha
Location within the city

Additional services

  • Citizenship upon purchase

Finance

Profitability
Annual return 7.6 %

Return (initial profitability) - rental income (excluding expenses) / price of the object excluding expenses*100%

Annual income 4 780 659 €

Annual rental revenue, excluding operating expenses

Pay-off period 13.1 years

Rental income covers all the expenses in

Business expenses
Not included in the price
Commission fee 2 %

Description

4 Star Hotel – Dubai – United Arab Emirates

Location - Al barsha


• 3 Basement + Ground + 12 Floors + Health Club floor
• Total Built Up Area: 234,132 sq. ft.
• Operational – Net Revenue 17 – 20 million AED
• Number of rooms: 299 Keys (277 rooms & 22 suites)
• 1 All Day dining & 4 other outlets
• 5 Meeting / Conference / Banquet rooms
• Health Club • Swimming Pool
• Spa Ladies & Gents Salon
• Basement 1
• Commissary Kitchens
• Cold Walk in Freezers and Deep Freezers
• Refrigerated Beer/Cellar room
• General Stores/ IT Room
• Beverage Store Staff lockers and changing rooms
• Staff Cafeteria
• Limited Parking
• Basement 2
• Administrative Office
• In house Limited Laundry Parking
• Basement 3
• Bulk Store Space
Price – 250 Million AED (68 064 250 $)


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Representative

Agent
property consultant
Languages: english
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Seller
Agent property consultant

Al Hayat Almushreqa real estate

Languages: english
Contact seller
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