Location: Al Jadaf, Dubai UAE
No. of Keys: 120
The Property: THPT is delighted to present this very unique opportunity in the heart of Dubai located in Al Jadaf adjacent to Business Bay.
This is a brand new hotel with construction recently having been completed.
Al Jaddaf, also spelled Al Jadaf, is a locality in Dubai, United Arab Emirates. Located in western Dubai in Bur Dubai, Al Jaddaf is bordered to the north and east by the Dubai Creek, to the south by Zabeel, and to the west by Umm Hurair 2.
The hotel is close to the Palazzo Versace Dubai & Grand Hyatt Dubai, as well as the Hilton Garden Inn and Premier Inn.
Star Rating: Could be three or four, depending on fit-out
Main Photo: The interior of the hotel
Current Owner: Private owner – the developer
Yield/Financial: Just opened, yet to trade
Guide Price: AED 65m – US$17.7m or £14m
Guide Price per Key: AED 550,000
Date Posted: June 2019
Agent: Luxury Property Dubai in partnership with The Hotel Property Team
THPT Comment: This brand new hotel has been completely built, just awaiting final fit-out and is in a great location.
Contact us for further information
This is a new feature on the THPT site…. Hotel & Serviced Apartment owners can be naturally reticent in publicising their property is for sale…for confidentiality reasons, for staff and current client reasons, so the properties featured in this section will either be “generic” or “name specific”
The Hotel Property Team (THPT) is a small group of highly experienced business professionals. Between us, we provide a range of skills and experience which is directly relevant to those involved in the hotel property market.