Prime Hotel Apartment Building for Sale in Al Mankhool, Dubai

Description

This exceptional hotel apartment building in the prime location of Al Mankhool, Dubai, presents an outstanding investment opportunity. With a total built-up area of 68,800 sqft on an 11,000 sqft plot, this B+G+7+Roof structure houses 98 studio apartments, offering a stable net income of AED 3,500,000 per year and an impressive ROI of 9.72% per year. Among the various hotels for sale in Dubai, this property stands out for its strategic location and solid financial performance. The property is available for sale at AED 36,000,000/-, with a 4% transfer charge and 2% agency fees payable by the buyer.