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Newly Established Luxury Hotel for Sale in Dubai, United Arab Emirates

4 Star Hotel located in the luxurious Palm Jumeirah area with 180 standard rooms.

Established 0-1 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Luxury Hotels
Locations  Dubai
Local Time 12:00 PM Asia / Dubai
Listed By Advisor / Business Broker
Status Recently Active
Overall Rating
Full Sale
Asking Price: USD 100 million (Native Currency: AED 365,000,000)
Reason: The seller is a builder and is looking for a buyer to run the hotel. The advisor will charge a 2% fi... View More
Includes physical assets worth USD 100 million
Business Overview

- The hotel is situated in the luxurious Palm Jumeirah area of Dubai, known for its high-end tourist attractions and premium accommodations.

- The facility includes various amenities such as a rooftop swimming pool, gym, spa treatment rooms (2), and multiple dining options including an indoor/outdoor café, an all-day dining restaurant, and an outdoor pool café. It also includes 50 parking bays in the basement.

- The hotel spans across 10 floors, with the ground floor housing the lobby, café, meeting rooms, and the first floor reserved for back-of-house and operator offices.

- With a capacity of over 50 for the indoor/outdoor café and all-day dining restaurant, the hotel has the potential to generate significant revenue from both in-house guests and external patrons.

Products & Services Overview

- The hotel operates as a 4-star establishment, offering 180 standard rooms, each measuring approximately 34 square meters.

- It also offers other amenities like gym, indoor and outdoor dining, and spa treatments.

Assets Overview

Tangible assets include complete hotel furniture including bedframes, mattresses, desks, chairs, sofas, and lamps in addition to high-end interiors and fixtures.

Facilities Overview

The total plot area sums up to 2,702.85 square meters and the total built-up area is 13,185.52 square meters.

Capitalization Overview

There is only one owner in the business currently and the hotel is managed by Kempinsky. No debts and liabilities are included in this business.

Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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