Hotel/Hotel Apartment for sale in Salah Al Din Street, Deira

Sale Price: AED175,000,000

Salah Al Din Street, Deira, Dubai

Hotel/Hotel Apartment
-- Bed(s)
-- Bath(s)
Available

 
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 P.O. Box 49729: Suite 504, Sheikha Noora Tower, TECOM, Dubai, U.A.E.
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Street Address

Salah Al Din Street, Deira, Dubai

Property description

Located within a walking distance from Salahuddin Metro Station, 4 star hotel with 175 rooms,outdoor swimming pool, a gym and a restaurant that serves breakfast buffet. Dubai International Airport is a 15-minute drive away.
The simple calculation can be 173 rooms x 365 x 500 x 80% average occupancy AED 25.26 Million. The income from both restaurants can be ignored towards expenses.
A net of AED 20 Million per year without alcohol can be expected. By adding alcohol another 5 million can be added up.

Contact Anna +971 50 1612289 / 04 3686206

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