Executive Summary

A unique opportunity to acquire a Hotel Apartment Building  in Dubai. The   hotel  is fully furnished and is being offered as a straight  asset sale. The  property is  located in a non-freehold zone.

This 91 room  hotel  apartment building has recently opened and is fully operational.  The  property  includes a ground floor coffee shop / café , fully equipped gym and roof top pool and Jacuzzi.

The property occupies a site in the centre of Mankhool with direct access to the main roads in the area.

Prospective purchasers of this asset are invited to submit non-binding “Expressions of Interest” (EOI) to the owning company . Additional details on the Sales Process will be provided to  interested parties on receipt of  a  non-disclosure agreement  (NDA).

The owning company is a privately held UAE based real estate  development  company with a number of  high profile assets in Dubai.

Investment Summary

• Strong Stable Income with established tenant on a 5-Year  Lease with future growth potential.
• High Quality , newly constructed building built to international standards.
•  Proximity to demand generators and high catchment area.
• Secure Regulatory Environment built on the strength of a stable and     transparent  investment  market.
• Tax Free Returns that are above international standards.