BRAND-NEW 4-STAR HOTEL APARTMENT IN BURDUBAI FOR LEASE

  • AED 4,000,000
  • AED 16,000,000
Featured

Overview

Property ID: BZR-HA0021-7324
  • Hotels
  • Property Type
  • BZR-HA0021-7324
  • Property ID

Overview

  • Hotels
  • Property Type
  • BZR-HA0021-7324
  • Property ID

Description

This 4-Star hotel apartment is located in one of the prime areas in Burdubai. The current owner leased a shell and core building and transformed it into a luxurious hotel with high-end amenities. This hotel has quickly earned a solid reputation, with high occupancy rates year-round. What’s truly remarkable is that the investor will break even in just four years, enjoying a solid 25% Return on Investment. More than a hotel; it’s a story of transformation, success, and a fantastic return on investment.

FINANCIALS: Average room rent:


During peak seasons:
Studio: 500-800 AED/day
1 BR: 650-950 AED/day
2 BR: 1400 AED/day

During off-seasons:
Studio: 300 AED/day
1 BR: 500 AED/day
2 BR: 750-950 AED/day

Revenue: 11.75 Million AED
Net profit: 4 Million AED
LEASE IS EXTENDABLE AFTER 15 YEARS
Lease period is for 15 years, now 1 year completed, 14 years remaining (can be renewed)

Details

Updated on March 7, 2024 at 7:38 am
  • Property ID: BZR-HA0021-7324
  • Price: AED 4,000,000
  • Property Type: Hotels

Additional details

  • No. of keys: 105
  • Height: 3B + G + 7 floors + roof
  • Types of rooms: Studio, 1 BHK, 2 BHK
  • No. of studios: 69
  • No. of 1 BHK: 34
  • No. of 2 BHK: 2
  • Car parking: 98
  • Restaurant: 1

Schedule a Tour

Tour Type

Mortgage Calculator

Monthly
  • Principal & Interest
  • Property Tax
  • Home Insurance
  • PMI
AED
AED
%
AED
AED
AED

Contact Information

View Listings
Shebeer Ismail

Enquire About This Property

0 Review

Sort by:
Leave a Review

Leave a Review

Similar Listings

Compare listings

Compare
Shebeer Ismail
  • Shebeer Ismail