Luxury 6-Star Hotel for Sale in Dubai, UAE

This listing presents a unique opportunity to acquire a prestigious 6-star hotel located in the prime city of Dubai, United Arab Emirates. The property is 97% completed and features 306 keys spread across 31 floors. Situated in a waterfront location within the city limits, it benefits from proximity to a vibrant shopping and entertainment district. The hotel offers a variety of accommodation options, including studios, 1, 2, and 3-bedroom suites, and boasts 5 on-site restaurants. With an annual pro-forma Net Operating Income of $55,080,000 and an 'as is' appraisal value of $98,000,000, this development represents a significant investment in Dubai's thriving hospitality sector. The asking price is $62,000,000.