6 Star Hotel in Dubai

Dubai, United Arab Emirates

Asking Price: $62,000,000

Real Estate Details

Listed on May 28, 2023

306 Key 6-Star Hotel in Dubai *97% Completed*ARV Appraisal: $160,000,000 - $170,000,000
Project with Annual Pro-forma $55,080,000.00 *Appraises “As Is” for $98,000,000
*6 Star Hotel *306 Keys *31 Floors
*Waterfront Property *In City Limits
*Shopping & Entertainment District
*Studio, 1 Bedroom, 2 Bedrooms 3 BedroomsSuite
*5 Restaurants

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Financials (USD)

Net Operating Income (Annual) $55,080,000

Asking Price $62,000,000

Cap Rate Available On Request

Additional Details

Suite/Unit Number 306 keys

Building Class Class A Building

Year Built/Renovated 2023

Deal Terms

Broker Co-Op? Available On Request

Seller Financing Available? Available On Request

Seller Willing To Lease? Available On Request

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