DESCRIPTION
This is a fully operational, freehold four-star hotel offered for sale direct from owner, in Al Furjan, Dubai. Built in 2020 and configured across 7 floors + 1 basement on a 49,000 sq.ft plot, the property comprises 248 rooms plus 1 presidential suite (249 total), with 50+ dedicated parking spaces. Facilities include restaurants, a shisha café, a coffee shop, a banquet hall, conference room, swimming pool, gymnasium, spa, high-speed Wi-Fi and meeting facilities.
The asset has delivered a net operating income of AED 9,000,000–13,000,000 per annum over the last two years, at a current average room rate of AED 495++ per night (rising to AED 700–897++ in high season) — translating to a current ROI of 10–14% without an alcohol license. With an alcohol license and a 5-star government rating upgrade, projected ROI rises to 20–25%, driven by RevPAR uplift across F&B, events, and premium booking channels.
Located in Al Furjan, an established Nakheel master development, the hotel sits 3 km from the Dubai Metro Red Line and just 10 minutes from Al Maktoum International Airport (DWC), with direct access to Sheikh Zayed Road and Sheikh Mohammed Bin Zayed Road. This is a freehold, income-generating operational asset in a supply-constrained hospitality sub-market, offered as a direct owner transaction with no agency layers on the seller side.
Asking price: AED 140,000,000.
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