Proposal for Premium Club Lease Acquisition

  • AED 15,000,000
Featured For Rent
Dubai, United Arab Emirates
Featured For Rent
Dubai, United Arab Emirates
  • AED 15,000,000

Overview

Property ID: BZR-CLB001-111223
  • Business, Club
  • Property Type
  • 35,000
  • sq. ft
  • BZR-CLB001-111223
  • Property ID

Overview

  • Business, Club
  • Property Type
  • 35,000
  • sq. ft
  • BZR-CLB001-111223
  • Property ID

Description

Bizmaker Real Estate is pleased to present an exciting opportunity to acquire the lease of a prestigious premium club, strategically located near Burj Al Arab in Dubai, one of the largest and most vibrant cities globally.

Current Situation:

The club is currently available for lease due to the existing business owner’s decision to sell. The premises have been closed for the past three months and require renovations. The asking price is AED 15 million.

Location Advantage:

Situated in the heart of Dubai, near Burj Al Arab, the location is a hub for multicultural and potential tourist footfall, making it an ideal destination for entertainment and leisure.

Facilities:

The property boasts world-class amenities, including VVIP lounges, sheesha lounges, a multi-cuisine restaurant, bars, stages, floating stages, event corners, lift stages, and a rooftop restaurant with a panoramic view. All facilities hold a 5-star rating, ensuring a premium experience for patrons.

Financials:

Current Rent: AED 7.2 million
Previous Year’s Net Income: AED 9.6 million

Details

Updated on December 11, 2023 at 6:21 am
  • Property ID: BZR-CLB001-111223
  • Price: AED 15,000,000
  • Property Size: 35,000 sq. ft
  • Property Type: Business, Club
  • Property Status: For Rent

Additional details

  • No. of Floors: 3, including a fully-equipped kitchen
  • Unique Features: Rooftop Restaurant, Sheesha, VVIP Lounges, DJ setup
  • Previous Year's Income: AED 24 million annually, AED 2 million monthly, with a net income of AED 9.6 million

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Contact Information

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Shebeer Ismail

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Shebeer Ismail
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