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Residential Real Estate Construction Company Seeking Loan in Dubai, United Arab Emirates

Real estate developer in Dubai seeks funding for a 74-unit residential building project.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Residential Real Estate Construction
Locations  Dubai
Local Time 7:34 AM Europe / Berlin
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 4.3 million for 9.0% annual interest, 2 years (Native Currency: EUR 4,000,000)
Reason: Primary funding to start the project.
Collateral Available: USD 0
Interested to connect with advisors
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Business Name
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Documents
Business Overview

- We want to develop a land parcel by constructing a residential building with 74 units.

- Post completion we will either make revenue by selling the individual units or rent them out.

- The project will take about 18 months to complete.

- The majority shareholder of this business has more than 5 years of experience in the field of construction and development. They have two companies in Germany and one company in Dubai. They have also invested their own money to secure the trust of investors.

Products & Services Overview

Sale of residential units or whole buildings to rent out.

Assets Overview

The company does not own any physical assets.

Facilities Overview

The building in Dubai will be a G+5+1 Podium and will have a built-up area of 115,000 Sqft.

Capitalization Overview

- Debt-free company with no outstanding loans.

- Currently, it is two partners in a 75:25 split.

Recent Activity
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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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