3-Star Brand New Hotel For Sale- Deira, Dubai

GBP 17,500,000
  • Location:

    Deira, Dubai

  • Property Type:

    Hotel

  • BUA:

    48,683 Sq Ft

  • RERA No.:

    36486

  • Plot Size:

    10,000 Sq Ft

  • Ref No.:

    CP0126

Property Description

Delighted to present this brand new [7 months old] leasehold 3 Star hotel for sale in Deira, Dubai. 

Briefly comprising of

  • Located in the heart of Deira Tourist Area.
  • Close proximity to both Metro Station. 
  • 83 en-suite rooms over three floors and roof terrace.
  • Ground floor lobby.
  • Reception
  • Restaurant
  • Cafe
  • Meeting room.
  • Travel desk.
  • Leasehold Land expires 2037 with option to re-new at open market rate.
  • Leasehold land cost is AD1.47m 
  • Occupancy Rate 98.75%
  • ROI 20%
  • Buy and Leaseback option available subject to terms.
  • Option to add Alcohol license with subsequent increase in ROI.

For details and advisory please contact +971 56 339 5794 

Features & Amenities

  • Shops
  • Lounge
  • Terrace
  • Intercom
  • Restaurants
  • Metro station
  • Retail Outlets
  • Public parking

Location Map

Make an Enquiry

  • I wish to receive information from CommercialProperty.ae

    By submitting this form, you accept our Terms of Use and Privacy Policy.

The Property you are looking for is not available anymore. Please click below to make a new search or similar property
Click Here