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Five Star Operational Hotel At Jumeirah Lake Towers

January 6, 2024

Property Description
For For Sale AED300000000 /

5 Star hotel with 210 keys
Operational for last 15 years
Ground + Mezzanine + 11 floors
Built Up Area: 212,700 sq.ft.
Plot Area: 22,000 sq.ft.
Fully refurbished 2 years ago
Current Year Average Occupancy: 84% (surprisingly during summer, it was 92%)
Current Year ARR: AED 530/-.
Current Year Net Revenue: AED 22 Million
Selling Price: AED 300 Million (USD 81.63 Million)
Commission: 2% of the purchase price by the buyer

  • Type

    Hotels
  • Build

  • Size

  • Lot Size

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