Land for 4-STARS HOTEL _ Dubai Seller, Supplier, Exporter, Manufacturer, Factory

Land for 4-STARS HOTEL _ Dubai
Dubai Reality
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Land for 4-STARS HOTEL _ Dubai

Land to Buils 4 Stars Hotel with Shopping complex

Land area; 23,700 sq ft
Location ; on main at Prim Business location on main Road - Deira Dubai

Lease Hold ; Land available for 25 years lease hold

Payment and Mode of Payment
a. 1st 10 years to be paid at rate of AED 2 millions p. a. ( AED 20
20 millions as 1st installment
b Period of 2 years will be exempted from payment of rent
c AED 1.5 Millions to be paid yearly after 12 years upto 25
years
Building Structure. Dubai Govt permission to build 4 Stars hotel with
Shopping complex
Basement + G+4 Floors Comprising of
a. 30 Show rooms and 2 resturants At Ground
b. 160 Rooms all spacious suits

Constuction Cost
Current rate of Construction = AED 280 per sq ft
Total costruction Area; Ground + 5 foors = 115,000 sq ft

Total Investment
a. Cost of land ; AED 20 Millions
b Cost Of construction 115000 Multiplied by 280
AED 32,200,000

Total Investment = AEd 52.2 Millions

Projected Financial

Rental Income from Shopping complex = AED 3.4 millions p. a
Rental Income from Hotel = AED 14.5 Millioms p. a
Note . The yield from Hotel if inteded to operate/ manage
AED 22.5 Millions p. a

Gross Annual income =AED 17.9 ( mim)

Annual rent , maintenance and management cost
AED = 1.5 + 0.12 + 0.1
= 1.63 Millions

Net Operating Income ( NOI)
AED =16.27 Millions

Cape rate 32% Plus

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Category :	Commercial
Related Searches :	dubai , hotel , hotels , hotels dubai , land , star , star hotel , stars
Country Of Origin :	United Arab Emirates
Listing Type :	Sell
Contact :	Mohammad Nawaz
Address :	402 Al Nakheel road Duabi _UAE Al Nakheel Road Deira - Dubai, Dubai, 2353 United Arab Emirates
Telephone :	[971] (050) 5875118
Fax :	[971] (4) 2653360