First Sale
WHOLE BUILDING FOR SALE IN JADDAF VIEWS, AL JADDAF

7.5%ROI+RUNNING 3 HOTELS+BRAND NEW+GREAT VALUE

Property Type:

Whole Building

Property Size:

181,081 sqft / 16,823 sqm

Bathrooms:

7+


225,000,000 AED

Own this from just

821,807 AED/month

Shiva Kumar usually responds within 5 minutes



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Location

Map

Jaddaf Views

Dubai, Al Jaddaf

Agent

Shiva Kumar

Civil Arch Real Estate Brokers

(137 Properties)
Residential Insights
Jaddaf Views
Price Range:51.9K - 115K AED/year
Community Insights
Al Jaddaf
4.4/53 building reviews
Historic Charm | Mostly apartments
Price Range:45K - 1M AED/year

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Description

CIVIL ARCH PRESENTS THE MOST DESIRED AND MOST PRIME LOCATED HOTELS AS A GOLDEN OPPURTUNITY FOR PERFECT INVESTMENT.

THESE ARE THE FREEHOLD PROPERTIES+CLEAN TITLE DEEDS IN THE SAME VICINITY.

LOCATION HIGHLOGHTS- PROPERTY IN AL JADDAF- IN THE RESIDENTAIL AND COMMERCIAL HUB AREA. 10 MIN AWAY FROM THE INTERNATIONS AIRPORT OF DUBAI, CLOSE PROMIXITY TO THE DOWNTOWN AREA AND REST OF DUBAI WITH EASY CONNECTIVITY. NEXT TO DUBAI HEALTHCARE CITY, DUBAI CREEK, SCHOOLS,HOSPITALS,MALLS ETC.




4* HOTEL DETAILS AT A GLANCE
Building Age: 2021
• Plot Size: 23,630 ft2 & BUA OF 87927 SQFT
• Elevation: B+G+5+R
• Parking: 30 Parking Bays
• Product Mix: 115 Rooms (Standard 43, Deluxe 48, Deluxe with balcony 6, Family room 8,
Suite 5 & Executive Suite 5)
• One all-day dining restaurant, One restaurant & SPA in Ground floor
• One Shisha restaurant on the first floor
• Swimming pool & Pool Snack bar
• Fitness Centre

OPTION 2, A 3* HOTEL DETAILS
Building Age: 2021
• Plot Size: 10,924 ft2 & BUA is 50,932 SQFT
• Elevation: B+G+7
• Parking: 17 parking bays
• Product Mix: 73 Rooms (Standard 26, Deluxe 30, Deluxe with balcony 3 & Family room 14)
• One All Day Dining Restaurant

OPTION 3, A 3* HOTEL
Building Age: 2021
• Plot Size: 10,965 ft2 & BUA IS 42,852 SQFT
• Elevation: B+G+6
• Parking: 17 parking bays (approx.)
• Product Mix: 72 Rooms (Standard 42, Deluxe 25, Executive Room 5)
• One All Day Dining, 1 x Retail outlet

The Hotel are Running with 90% plus occupancy despite having NO ALCOHOL FACILITIES, But the new Ownership can have the Liquor license and run a Bar+Alcohol servings at all 3 hotels.

At present the Swimming pool+Gym is shared with other 2 units of 3* hotels which is just walkable distance. Swimming pool and Gym facilities for Ladies and Gents are at the Roof-top of the 4* Hotel.


Note- All details of P&L will be shared upon confirmation from the buyer with LOI(Letter of intenet) followed by a token as a qualiied buyer. Viewings can be done with prior appointment and buyers details are submitted to the owner with LOI.

Price- This is a 3 Hotels as a package and owner cannot sell each hotels separately, A combined price of 230 million is on offer for these FREEHOLD HOTELS which can be owned by any nationality.

Size- A combined PLOT AREA OF 45,150 SQFT & BUA IS 181,081 SQFT


DLD-Dubai Land Department- Title deed fee of 4% applicable -each hotel have separate title deed (120 million+55 million+55 million can be the price for each hotels to facilitate the price for each tite deed)

Real estate agency- A commission of 2% is payable once the deal is closed.

Processs of owning these properties,
1. LOI- Letter of Intent+Buyer details
2. VIEWINGS
3. MEETING WITH OWNER
4. TOKEN TO BE PAID AS A CONFIRMATION
5. MOU SINGING WITH 10%
6. BALANCE AT THE DLD OFFICE UPOIN TITLE DEED CHANGE

Thank you and look forward to hear from you. My mobile is 971 55 909 5198



Hotels Picture are encloed (excluding the Facade of the builkding for confidentiality)

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Reference:

civilarch-7380149

Listed:

2 months ago

Broker ORN:

16673


DLD Permit Number:

1193762445


225,000,000 AED

Own this from just

821,807 AED/month

Shiva Kumar usually responds within 5 minutes

Report this listing

Own this property from just

821,807 AED /month

Fixed rates from: 3.89%

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