AED 850,000,000
AED 850,000,000
Luxurious Freehold Hotel Apartment Building on Sheikh Zayed Road Sheikh Zayed Road Sheikh Zayed Road
Facts
Permit No 17531
Reference SAN PP 536
Added On 19-Mar-2024
Category Commercial
Type Hotel Apartment
Offer Type For Sale
Size 100,000 Sq. Ft.
Description
Own a piece of Dubais vibrant hospitality scene with this magnificent freehold hotel apartment building strategically located on Sheikh Zayed Road.
This impressive property boasts a grand total of over 500 units, offering investors a lucrative opportunity to capitalize on Dubais booming tourism industry. The building soars G + 20 floors, maximizing space and providing stunning views for residents.
Key features:
Freehold ownership
Prime location on Sheikh Zayed Road
Over 500 hotel apartment units
Total plot size: 100,000 sq. ft.
Saleable area: 350,000 sq. ft.
Investment Highlights:
Capture the growing demand for hotel apartments in Dubai
Earn rental income from a well-established property type
Freehold ownership offers long-term value and security
Sale Price: AED 850 Million
Additional Fees:
Agency Fee: 2% on Sale Price
Transfer Charge: 4% on Sale Price
About RGEstate
RGEstate is a leading Dubai-based real estate agency with a proven track record of success. We specialize in connecting investors with exceptional freehold properties throughout the emirate. Our team of experienced professionals provides comprehensive support throughout the buying process, ensuring a smooth and successful transaction.
Contact RGEstate today to schedule a viewing and learn more about this extraordinary investment opportunity.
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