Leisure
400 bedrooms
5 stars
Description
Off-market Hospitality Opportunity Asset Overview • Opportunity to acquire a beachfront hotel on Al Marjan Island, UAE, a growing international and domestic staycation hub. • Hotel is directly on the beach, a few minutes from UAE’s first gaming resort in Ras Al Khaimah. • 15 5 5 years operating contract with a renowned Dubai hotel chain with high occupancy rates. • Each room has an independent title deed and can be sold separately or operated as a hotel. • 400 room keys. • Construction completion: Q1 2025. • Fully operational handover: Q2 2025. Investment Highlights • Al Marjan Island consists of 4 man-made coral-shaped islands with pristine beaches. • Within 1 hour’s drive from international airports in Dubai, Sharjah, and RAK. • Home to several 5-star hotels and the upcoming first gaming resort in the GCC (opening in 2027). • ~$250k asset sale price per key. • 2.7km reclaimed land. • 8,000 planned hotel keys. • 12,000 planned residential units. • Growing demand for staycation and regional tourism in the UAE and GCC. • One of the few operational hotels on Al Marjan Island between 2025-2027, ahead of the gaming resort launch.
