Operational 5-Star Hotel & Serviced-Apartment Asset for Sale – Dubai
A rare opportunity to acquire a fully operational 5-star hospitality asset in a prime Dubai location at the entrance to Palm Jumeirah, within the Dubai Media City and Dubai Marina corridor.
The property benefits from excellent connectivity to Palm Jumeirah, Dubai Marina, Dubai Tram, Palm Monorail and major Dubai attractions. The asset is suitable for institutional investors, hospitality groups, sovereign-linked entities and qualified private investors seeking a high-profile Dubai hospitality acquisition.
Property highlights:
Operational 5-star hotel and serviced-apartment asset.
Prime location near the entrance to Palm Jumeirah.
Approximately 417,424 sq. ft. built-up area.
251 total units.
4 retail units.
Unit mix includes studios, one-, two- and three-bedroom apartments.
Outdoor swimming pool.
Fitness facility.
Multiple food-and-beverage outlets.
Meeting and multipurpose facilities.
Strong access to Dubai Tram and Palm Monorail.
Approximately 25 minutes from Dubai International Airport, subject to traffic.
Reported occupancy: approximately 95%, subject to verification.
Reported EBITDA: approximately AED 35 million, subject to verification and due diligence.
Asking price
AED 640,000,000
The transaction is subject to satisfactory legal, financial, technical, operational and title due diligence, as well as agreement on the final transaction structure and terms.
Confidentiality and buyer qualification
The property identity, operating information, management arrangements, title documents, audited financial statements, contracts and detailed investment memorandum will be disclosed only to qualified parties following:
Submission of buyer or principal profile.
Proof of funds or credible financing evidence.
Execution of a confidentiality agreement.
Owner’s approval for disclosure.
Direct buyers, institutional investors, family offices and authorised representatives only.
To request the confidential investment memorandum, contact us at the earliest.
