Description
Bizmaker Real Estate is pleased to present an exciting opportunity to acquire the lease of a prestigious premium club, strategically located near Burj Al Arab in Dubai, one of the largest and most vibrant cities globally.
Current Situation:
The club is currently available for lease due to the existing business owner’s decision to sell. The premises have been closed for the past three months and require renovations. The asking price is AED 15 million.
Location Advantage:
Situated in the heart of Dubai, near Burj Al Arab, the location is a hub for multicultural and potential tourist footfall, making it an ideal destination for entertainment and leisure.
Facilities:
The property boasts world-class amenities, including VVIP lounges, sheesha lounges, a multi-cuisine restaurant, bars, stages, floating stages, event corners, lift stages, and a rooftop restaurant with a panoramic view. All facilities hold a 5-star rating, ensuring a premium experience for patrons.
Financials:
Current Rent: AED 7.2 million
Previous Year’s Net Income: AED 9.6 million
Details
Updated on December 11, 2023 at 6:15 am- Price: AED15,000,000
- Property Size: 35,000 sq. ft
- Property Type: Business, Club
- Property Status: For Rent
Address
- City Dubai
- Area Jumeirah
- Country United Arab Emirates
Mortgage Calculator
- Down Payment AED2.25
- Loan Amount AED12.75
- Monthly Mortgage Payment AED0.11
- Property Tax AED37.50
- Home Insurance AED83.33
- PMI AED10.63
- Monthly HOA Fees AED250.00
