Hotel Apartment Building on Sheikh Zayed Road

You have the opportunity to invest in an amazing hotel apartment building that is located adjacent to Mall of the Emirates along Sheikh Zayed Road.

This is a four-star property that comprises 215 apartments that are divided among 113 one-bedroom units, 96 two-bedroom units, 2 three-beds and 4 studios. It is currently at 95% occupancy and is leased to one operator.

Annual income on the property is AED 18 million, with a gross yield of 7.2%.

Location is one of the highlights of this building, as residents and long-term guests have immediate access to some of the best lifestyle experiences in the city - including the world-famous Mall of the Emirates and its various attractions including Ski Dubai, the world's longest indoor ski slope. The Al Barsha area, where the hotel is located, offers a plethora of retail, dining and leisure options - it is a short drive from the beach and has easy access to Dubai's most popular waterfront communities - Dubai Marina and Palm Jumeirah.

To get more details on this opportunity and to arrange a viewing, please contact me today.