Hotel Investment Opportunity | 105 Keys | Al Barsha
Building For Sale65,000,000 AED
Permit Number: 6590596000
Area Sq. M.1103.32
Property DescriptionRef # : SL211123-111261
Savills Middle East are pleased to bring this well-established 3 star hotel to market, please see investment highlights below. - Located in Al Barsha, c. 5 10 minute walk from the Mall of the Emirates - Good provision of amenities including an outdoor swimming pool, fitness centre, lounge, restaurant, 24/7 concierge, ATM, airport transfers and free Wifi - Ground plus eight upper floors - Health club is located on the rooftop - Basement parking provision - Currently c. 95% occupied - Easy access via road from the E11 Sheikh Zayed Rd and D63 Hessa St - Nearby to Mall of the Emirates Metro Station DLD Permit Number: 6590596000 Al Barsha is a mature and dynamic mixed-use community, offering a comprehensive range of residential and commercial accommodation. The area boasts an array of retail outlets, hotels, mosques, schools, and leisure facilities. The prominent Mall of the Emirates sits on the periphery of the locality along Sheikh Zayed Road, serves as a focal point, drawing substantial foot fall to the submarket. Al Barsha's popularity is attributed to its central location, coupled with its diverse residential and commercial offerings, making it an attractive choice for both locals and tourists.