Deluxe double bed room, 383 sqft in size, fully furnished with balcony facing the International Business Tower view.
Hotel looks after booking of short-term stays, cleaning and all maintenance.
Income Split: Hotel 60% - 40% Investor
Hotel pays out income twice a year. Property must be fully paid off to receive income.
Expected annual net RoI: 8-9%
Convenient and completely passive investment option. Let the hotel do the work and simply collect your money.
Demand for short term stays is always high in the Business Bay area for holiday makers and for people on business travels.
The 4-star hotel has all the amenities one requires during a short-term stay including a pool, lounge, meeting rooms, cafe and restaurant.
The location is very strong as it is just a 17-minute drive from Dubai International Airport, 13-minutes from Burj Khalifa & Dubai Mall.
The Meydan Racecourse is only a 14-minute journey and the lavish Palm Jumeirah only a 20-minute drive.
Please note that quarter of this property is for sale only. 96 sqft is owned by the investor while the remaining 287 sqft is owned by the hotel. Hotel maintains full control of the unit.