Hotel in Dubai, UAE, 60 655 m²

UAE. 4-star hotel for sale in Dubai area. 4-star hotel with Carrefour shopping mall, shops and restaurant. Prestigious location in Dubai. Price for the entire project: US$268,400,000. Also possible to purchase the hotel only. Price for the hotel: US$163,500,000. The entire project is freehold. This means it is free from the typical encumbrances associated with leasehold properties. Occupancy rate: 95% Property age: 3-4 years. Building: G+5 Built-up area (BUA): 653,000 sq. ft. (including hotel, serviced apartments, shops, technical and service areas). 60,665 sq. m. Components: Hotel: 115 rooms (4-star luxury). Serviced Apartments: 132 apartments. (Commercial Shops: 27 outlets, Carrefour is also in the same building). The decision to include or not is entirely up to the buyer. Annual revenue of the hotel alone: ​​≈14.17 MILLION USD. Now for the next steps if the buyer requires more information and due diligence. We require a Letter of Intent (LOI), as well as the buyer's profile and the property's sales permit. If the buyer is in Dubai and wants to view the property, let me know, I can arrange a meeting with the seller's representative at any time. Selling your apartment or house. There are apartments and houses to choose from in various budgets, including commercial properties