Location: Beachfront, by a Substantial Racing & Polo Club, UAE
Guide Price AED 750m – around US$205m
No. of Keys: Would Make One or More Hotel/s with Residences
The Opportunity: To take multiple palaces/stately residences to convert to one or more luxury hotels. The plot size is just shy of 10m sqf – 850,000 sqm to build a luxury hotel/s, helipad, yacht marina. Development time: Two years.
The opportunity is for an international operator to team up with a local financial partner to create the most stunning resort hotel complex in Dubai/Abu Dhabi
Main Picture: The plot layout
Current Owner: UHNW folks
Flag and Management: Free to new owner
Financials: Outline business plan
Agent: Local agent in partnership with THPT
Guide Price for Investment: AED 750m
Date Posted: May 2021
THPT Comment: This is an opportunity to build the ultimate resort complex in a city/country full of ultimate resorts!
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”
Each fortnight we mail the opportunities posted that week, but check-out the tab “Hotels Available” and call us for details of “Under the Table” – deals not posted on the site at all
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.
MISREPRESENTATION ACT 1967. This information is provided as a general guide and is not intended to be constructed as a statement of fact upon which interested parties can rely. All interested parties should make their enquiries by inspection or otherwise. Neither The Hotel Property Team (trading name of Impetus Marketing 2006 Ltd) nor any person in our employment has the authority to make, give or imply any representation or warranty whatsoever relating to the premises referred to in these particulars. These details do not constitute any offer, contract or any part thereof and all negotiations relating to the premises should be conducted through THPT.