AED 450,000,000
AED 450,000,000
Luxurious Freehold Hotel Apartment Building for Sale in Al Sufouh Al Sufouh
Facts
Reference SAN PP 541
Added On 23-Mar-2024
Category Residential
Type Residential Building
Offer Type For Sale
Size 34,000 Sq. Ft.
Description
Own a piece of Dubai's thriving hospitality market with this magnificent freehold hotel apartment building. This impressive property boasts a prime location in Al Sufouh, offering stunning views and excellent access to the city's top attractions.
Key Features:
Property Type: Full Building Hotel Apartment
Location: Al Sufouh
Ownership Type: Freehold
Plot Size: 34,000 sq. ft
Saleable Area: Approximately 250,000 sq. ft
Building Height: Ground + 40 Floors
Number of Units: Approximately 500+ units
Sale Price: AED 450 Million
Projected ROI: Approximately 7%
This exceptional investment opportunity offers several advantages:
*High-Demand Location: Al Sufouh is a popular tourist destination, ensuring consistent occupancy rates.
*Freehold Ownership: Own the property outright and enjoy maximum freedom.
*Large Scale Development: Benefit from economies of scale with a significant number of units.
*Strong ROI Potential: Generate a healthy return on your investment.
About RG Estate
RG Estate is a leading real estate agency in Dubai, with a proven track record of success in the hospitality sector. Our team of experienced professionals is dedicated to providing exceptional service to our clients, whether you're buying, selling, or leasing property. We offer a comprehensive range of services, including property valuation, marketing, negotiation, and legal assistance. With RG Estate, you can be confident that you're making a sound investment with the support of a trusted partner.
For more information and to schedule a viewing, please contact RG Estate.
Key Features:
Property Type: Full Building Hotel Apartment
Location: Al Sufouh
Ownership Type: Freehold
Plot Size: 34,000 sq. ft
Saleable Area: Approximately 250,000 sq. ft
Building Height: Ground + 40 Floors
Number of Units: Approximately 500+ units
Sale Price: AED 450 Million
Projected ROI: Approximately 7%
This exceptional investment opportunity offers several advantages:
*High-Demand Location: Al Sufouh is a popular tourist destination, ensuring consistent occupancy rates.
*Freehold Ownership: Own the property outright and enjoy maximum freedom.
*Large Scale Development: Benefit from economies of scale with a significant number of units.
*Strong ROI Potential: Generate a healthy return on your investment.
About RG Estate
RG Estate is a leading real estate agency in Dubai, with a proven track record of success in the hospitality sector. Our team of experienced professionals is dedicated to providing exceptional service to our clients, whether you're buying, selling, or leasing property. We offer a comprehensive range of services, including property valuation, marketing, negotiation, and legal assistance. With RG Estate, you can be confident that you're making a sound investment with the support of a trusted partner.
For more information and to schedule a viewing, please contact RG Estate.
Floor Plan Show 3D
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