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Brand New 155 Rooms Dubai Hotel 20% Nop In Al Barsha For Sale

Al Barsha 1, Dubai, UAE
Freehold Price:
$27,500,000 (USD)
Lease Asking Price:
$27,500,000 (USD)
Sales Revenue:
$7,500,000 (USD)
Cash Flow:
$3,000,000 (USD)

Exceptional opportunity to pick up a great business and real estate opportunity
155 rooms
Lux fittings
All mod cons
Fully furnished throughout
Operator can be provided
Projected 20% pa NOP
Very close to the hugely popular Mall of The Emirates (MOE)

Property Information

Real Estate:

Available as lease or with real property included

Location:

Super prime near Mall of Emirates

Premises Details:

Independent Hotel building

Size in square feet:
127,000
Planning Consent:

approved with Building Completion Certificate

Business Operation

Expansion Potential:

Can add floors

Competition / Market:

None because it is 1 3star hotel but looks and fitted out like a 4star hotel

Reasons for selling:

To fund larger hotels within the owner portfolio

Trading hours:

24/7

Employees:
operator can provide
Years established:
new

Other Information

Support & training:

as per operator if required

Lease asking price:
$27,500,000 (USD)

Contact Elliott Starr

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