Dubai Invest 4 Real
Friend Company
Land For 4 Stars Hotel Dubai - UAE
Land For 4 Stars Hotel Dubai - UAE Model No: land _hotel _Dubai_UAE Land to Build 4 Stars Hotel with Shopping complex Land area; 23,700 sq ft Location ;at Prim Business location on main Road - Deira Dubai Lease ...
Land For 4 Stars Hotel Dubai - UAE
Detailed Product Description
| Model No: | land _hotel _Dubai_UAE |
|---|---|
| Category: | Land |
| Keywords: | Land |
Land to Build 4 Stars Hotel with Shopping complex
Land area; 23,700 sq ft
Location ;at Prim Business location on main Road - Deira Dubai
Lease Hold ; Land available for 25 years lease hold
Payment and Mode of Payment
A.1st 10 years to be paid at rate of AED 2 millions p. A. ( AED 20
A.20 millions as 1st installment-1st 10Years
B Period of 2 years will be exempted fro payment of rent
C AED 1.5 Millions to be paid yearly after 12 years upto 25 years
Building Structure.
Dubai Govt permission to build 4 Stars hotel with
Shopping complex
Basement + G+4 Floors Comprising of
A.30 Show rooms and 2 resturants At Ground
B.160 Rooms all spacious suits
Constuction Cost
Current rate of Construction = AED 280 per sq ft
Total costruction Area; Ground + 5 foors
= 115,000 sq ft
Total Investment
A. Cost of land ; AED 20 Millions
B Cost Of construction 115000 Multiplied by 280
AED 32,200,000
Total Investment = AEd 52.2 Millions
Projected Financial
Rental Income from Shopping complex = AED 3.4 millions p. A
Rental Income from Hotel = AED 14.5 Millioms p. A
Note. The yield from Hotel if inteded to operate/AED 22.5 Millions p. A
Gross Annual income =AED 17.9 ( mim)
Annual rent, maintenance and management cost
AED = 1.5 + 0.12 + 0.1
= 1.63 Millions
Net Operating Income ( NOI)
AED =16.27 Millions
Cape rate 33% Plus
Land area; 23,700 sq ft
Location ;at Prim Business location on main Road - Deira Dubai
Lease Hold ; Land available for 25 years lease hold
Payment and Mode of Payment
A.1st 10 years to be paid at rate of AED 2 millions p. A. ( AED 20
A.20 millions as 1st installment-1st 10Years
B Period of 2 years will be exempted fro payment of rent
C AED 1.5 Millions to be paid yearly after 12 years upto 25 years
Building Structure.
Dubai Govt permission to build 4 Stars hotel with
Shopping complex
Basement + G+4 Floors Comprising of
A.30 Show rooms and 2 resturants At Ground
B.160 Rooms all spacious suits
Constuction Cost
Current rate of Construction = AED 280 per sq ft
Total costruction Area; Ground + 5 foors
= 115,000 sq ft
Total Investment
A. Cost of land ; AED 20 Millions
B Cost Of construction 115000 Multiplied by 280
AED 32,200,000
Total Investment = AEd 52.2 Millions
Projected Financial
Rental Income from Shopping complex = AED 3.4 millions p. A
Rental Income from Hotel = AED 14.5 Millioms p. A
Note. The yield from Hotel if inteded to operate/AED 22.5 Millions p. A
Gross Annual income =AED 17.9 ( mim)
Annual rent, maintenance and management cost
AED = 1.5 + 0.12 + 0.1
= 1.63 Millions
Net Operating Income ( NOI)
AED =16.27 Millions
Cape rate 33% Plus