7.1 / 10
 Dubai

Real estate developer in Dubai seeks funding for a 74-unit residential building project.

Key Business Facts
Yearly Sales Nil
EBIDTA Margin Nil
Industries Residential Real Estate Construction
Locations  Dubai
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.
Capitalization Overview
- Debt-free company with no outstanding loans. - Currently, it is two partners in a 75:25 split.
Assets Overview
The company does not own any physical assets.
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
In talks with 3 Investors
Contact Business