PROMETHEAN

2 Staff Accommodation Buildings
6.5%
ROI Projected
R-7159
Location
Dubai, Downtown Area
10 Minutes from the Airport
5 Minutes Drive from Burj Khalifa
2 Minutes Walk from Dubai Mall
7 Minutes Drive from Gold Souq
Returns and Profits
Average hotel rate at AED 1050.
Profit Margin forecasted 42% in year 1, growing to 58% in year 3. Return of investments starts from year 1. Break even forecasted by year 4
Background
5-star hotel operated by an international hotel management company. The property, which is only 3 years old, is now listed for an expedited strategic sale
Property Details
407 Rooms, 210 Studios, 40 1-Bedrooms, 20 Royal Suites, 10 VVIP Suite, 3 Restaurants, 2 bars, 1 Big hall that can turn into a cinema, roof swimming pool, 1 major gym, 3 meeting rooms, 2 Prayer rooms, 3 stories parking, big lobby
Envisioned Potential
Transformative and ready to turn into a haven for Millennials, Gen-Z, and Crypto-geeks. Possibilities: Apart hotel, indulgent serviced apartments, or just extraordinary residences with hotel like amenities
Unique Selling Proposition
Location is Prime. No hotel listed for sale in Dubai can top this hotel in terms of location. It comes just perfect to serve Dubai's status as a premium destination for tourists from around the world