Beachfront Resort in Al Marjan Island, UAE

Description

Off-market Hospitality Opportunity
Asset Sale Price: USD 110 million
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.