Sell Hotel for Sale -Dubai -UAE

Hotel for Sale -Dubai -UAE You May Also Be Interested In: 3 stars cap rate room rent
3 stars Hotel along the route of Metro
Rating ;3 Stars Hotel
Location main Road deira Dubai
Building ; B+ G+ 7 floors
Facilities; Basement car Park , Roof Top Swimming pool , Ladies and Gents Gym
Land Area ' 16 200 sq ft
Letting rooms ; 90 in cluding 6 suit
Outlets 05

Income from room rent
Summer( May to October) :-
Room Rent Single US$ 95.5 doulbe US $136.5 Suit US $ 218.5
Corporate Rate US$ 82 /room
Occupancy 95% but when calculated 85 %
Total Room income during Summer will be
82( Multiply By) 85 rooms (Multiply by) 180 days
= US$ 1.25 millions
Approx US$ 1.25 millions
Winter (November to April) ; -
Room Rent Single US$ 150 Double US $ 191 Suit US$ 325
Corporate rate US $ 136.5/room
Occupancy 110 %But when calculated 100%
Total Room Income during winter will be
136.5 (Multiply by) 90 rooms (multiply by) 185 days
= US$ 2.52 Millions
Approx US $ 2.5 millions
Income from out-lets ( night clubs and restaurants)
US $ 1100 each dailly for 11 months
1100 (multiply by) 5 (multiply by) 335 days
= US $ 1.84 millions
Approx US $ 1.84 Millions

Total Income=US $ 1.25+2.5+ 1.8 = US$ 5.59 Millions


Taxes , Managerial and operational Expenses
Taxes ; 10 % on sales . . Total sales = US $ 5.59 Millions
= US $ 0. 55 Millions
Managerial Expense.
Salaries= AED 70,000 for 12 months =AED 840,000
Purchase of food & beverage=AED 110,000 for 11 months =AED 1,210,000
Publicity and Promotions= AED 250,000
Total = US $ 0.63 Millions
Operational Expenses
Water & Electricity Bills =45000 for 12 months=AED 540,000
Transport & Telephones average 15,000 for 12 months =AED 180 ,000
Yearly Renewal of License =AED 140,000
Yearly Fee of Local Sponser =AED 120,000
Total approx US $ 0.27 Millions

Total Expenses = US $ 1. 45 Millions



Net Operating imcome ( NOI) = US $ 4.14 Millions
Asking Price 19.8 Millions
Cap Rate 26 %
Tripple Net yield 26 %