Sell Hotel Apartment for SALEDubai - UAE

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Super Delux Hotel Apartment- for sale
Location ; Bursha Near Emirate mall at main road
Land area ; 12,800 sq ft
Gross Built -up area ( GCA) more than 100,000 sq ft
Building ; Brand new 2 basement + G + 7 floors
Total no 64
One bed room Hall 32
2 Bed room Hall 32
Facilities ; Full including Roof Top Swimming pool
Ladies & Gents Gyms
Show Rooms ;2 huge show rooms at Ground Floor

Asking Price AED 66.5 millions

Projected financials
Income from room rent
Summer( May to October) :-
Room Rent one B/R Hall AED 600 /day
Two B/R Hall AED 900/day
Average Rate AED 750 /day
Occupancy 90%
Total Room income during Summer
Multiply By) 57rooms (Multiply by) 180 days
= AED 7.95 millions

Winter (November to April) ; -
Room Rent One B/R Hall AED 800/day
Two B/R Hall AED 1200/day
Average rate AED1000/day
Occupancy 100 %
Total Room Income during winter will be

1000 (Multiply by) 64 rooms (multiply by) 185 days
AED 11.8 Millions

Gross Annual Income AED 19.7 Millions p/a.

Taxes , Managrial and Operational Expenses 20 %
AED 3.4 Millions
Net operating Income AED 16.3 Millions p. a.