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AED 590,000,000
AED 590,000,000
This is a stunning 5-star hotel located on the iconic Palm Jumeirah in Dubai. Palm Jumeirah Palm Jumeirah
Facts
Permit No 17531
Reference DIN PP 007
Added On 23-Jan-2024
Category Commercial
Type Hotel Apartment
Offer Type For Sale
Size 52,033 Sq. Ft.
Description
The property boasts a private beach, 203 keys, and a total plot size of 52,032.743 square feet. The built-up area (BUA) is 167,464.92 square feet, and the property comprises 1 basement level, ground floor, 9 floors, a rooftop, and a utility roof.
Location
The hotel is situated on a prime location on the Palm Jumeirah, offering stunning views of the Arabian Sea. The Palm Jumeirah is a world-renowned man-made archipelago known for its luxurious hotels, beaches, and restaurants. The location is easily accessible by car and is just a short drive from Dubai International Airport.
Property Features
5-star hotel with a private beach
203 keys
Plot size of 52,032.743 square feet
Built-up area (BUA) of 167,464.92 square feet
1 basement level, ground floor, 9 floors, a rooftop, and a utility roof
Selling price of AED 590 million
Investment Potential
This is a rare opportunity to own a piece of prime real estate in Dubai. The hotel is well-positioned to benefit from the continued growth of the tourism industry in Dubai. With its stunning location, luxurious amenities, and strong brand, the hotel is expected to generate high occupancy rates and strong returns on investment.
About RGEstate
RGEstate is a leading real estate company in Dubai with a proven track record of success. We have a team of experienced professionals who are experts in the Dubai property market. We offer a wide range of services, including property sales, leasing, and property management. We are committed to providing our clients with the highest quality of service and advice.
Contact Us
If you are interested in learning more about this property, please contact us today. We would be happy to answer any questions you may have.
Location
The hotel is situated on a prime location on the Palm Jumeirah, offering stunning views of the Arabian Sea. The Palm Jumeirah is a world-renowned man-made archipelago known for its luxurious hotels, beaches, and restaurants. The location is easily accessible by car and is just a short drive from Dubai International Airport.
Property Features
5-star hotel with a private beach
203 keys
Plot size of 52,032.743 square feet
Built-up area (BUA) of 167,464.92 square feet
1 basement level, ground floor, 9 floors, a rooftop, and a utility roof
Selling price of AED 590 million
Investment Potential
This is a rare opportunity to own a piece of prime real estate in Dubai. The hotel is well-positioned to benefit from the continued growth of the tourism industry in Dubai. With its stunning location, luxurious amenities, and strong brand, the hotel is expected to generate high occupancy rates and strong returns on investment.
About RGEstate
RGEstate is a leading real estate company in Dubai with a proven track record of success. We have a team of experienced professionals who are experts in the Dubai property market. We offer a wide range of services, including property sales, leasing, and property management. We are committed to providing our clients with the highest quality of service and advice.
Contact Us
If you are interested in learning more about this property, please contact us today. We would be happy to answer any questions you may have.
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