Brand new five-star hotel for sale in Dubai: 388 rooms, 243 hotel apartments and 21 retail spaces on a 98,499 sq ft plot. The seller asks AED 850,000,000 for it.
Overview
The seller describes a brand new five-star hotel in Dubai, offered for sale at AED 850,000,000. It stands on a plot of 98,499 square feet with a total built-up area of 869,531 square feet, and has 388 rooms, 243 hotel apartments and 21 retail spaces. Every figure on this page is the seller's, as given.
| Area | Square feet |
|---|---|
| Plot size | 98,499 |
| Total built-up area | 869,531 |
| Parking area | 241,676 |
| Total area, including parking | 1,111,207 |
Key information
Every figure above is the seller's particulars — see Sources.
The seller gives 388 rooms and 243 hotel apartments, and 21 retail spaces. The building runs to 3 basement levels, a ground floor, a podium, 18 floors and 3 roof levels.
Ground floor. Reception, bistro, gift shop, supermarket and 20 retail shops.
First floor. Spas, organic restaurant, executive lounge, cafe, kids' club, pool lounge, swimming pool and mini golf.
The asking price is AED 850,000,000 for the hotel. It is the price the seller is asking, not a price anything has traded at.
Title, the licences under which the hotel operates or would operate, the classification, the approvals and the operating position are established by the buyer's own advisers before an offer is priced. Mitchell's publishes no valuation of this asset, and no transaction comparable, price band or rental benchmark is cited on this page.
Location
Five-Star Hotel for Sale — Dubai — Dubai, United Arab Emirates
The seller describes a brand new five-star hotel in Dubai, offered for sale at AED 850,000,000. It has 388 rooms, 243 hotel apartments and 21 retail spaces on a plot of 98,499 sq ft.
Contact us and we will request the seller's document set.
The seller gives a plot of 98,499 sq ft, a total built-up area of 869,531 sq ft, a parking area of 241,676 sq ft and a total area including parking of 1,111,207 sq ft.
The ground floor holds a reception, a bistro, a gift shop, a supermarket and 20 retail shops. The first floor holds spas, an organic restaurant, an executive lounge, a cafe, a kids' club, a pool lounge, a swimming pool and mini golf.
These are the seller's descriptions.
The seller gives the floors as 3 basements, a ground floor, a podium, 18 floors and 3 roof levels.
Small print
Next step
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