Commercial Hotel Under Construction · Opposite Deira City Centre, Dubai
A 128-key four-star hotel development for sale in Deira, Dubai, offered at AED 90 million, positioned directly opposite Deira City Centre and 300 metres from the metro. The building is a commercial hotel of B+G+9 plus a roof level, with a built-up area of 120,236 sq ft, and is approximately 85 per cent complete with an estimated five to six months to completion. A Golden Tulip operator agreement is already in place and can be changed at the buyer’s discretion.
The hotel offers 128 keys, made up of 120 rooms and 8 suites, all with a panoramic view. Facilities include all-day dining, a lobby lounge, sports bar and cafe with shisha, three meeting rooms, two retail outlets, a rooftop swimming pool, gymnasium, and a spa with sauna, steam and massage. Five OTIS lifts serve the building, including two panoramic lifts, alongside 42 parking spaces.
The location is the asset’s core strength, sitting minutes from Dubai International Airport, the Deira souks and Dubai Healthcare City, and within easy reach of Downtown Dubai. With the structure, facade and lifts largely complete, the project offers a near-turnkey route into a branded four-star hotel in one of Dubai’s highest-footfall districts.
Under construction, approximately 85 per cent complete, with an estimated five to six months to completion.
B+G+9 plus roof level. 128 keys made up of 120 rooms and 8 suites, all with panoramic views, over a built-up area of 120,236 sq ft.
Memorandum of understanding in place with Louvre Hotels Group under the Golden Tulip brand. Changeable at the buyer’s discretion.
Constructed on Plot No. 1290194 with a land size of 21,208 sq ft.
Deira is one of Dubai’s oldest and busiest commercial districts, anchored by Deira City Centre, the Creek and the historic souks. It sees constant business, trade and tourist footfall, which supports strong hotel demand.
The hotel sits directly opposite Deira City Centre, 300 metres from the metro and around five minutes from Dubai International Airport, giving guests immediate transport, retail and dining access.
For an operator, the mix of airport proximity, a direct metro link, a major mall opposite and nearby government and healthcare hubs drives both business and leisure demand throughout the year.
This development suits hotel investors and operators seeking a near-complete, branded four-star asset in a prime Dubai location, family offices and investment groups entering the hospitality sector, and buyers who want a turnkey hotel opposite a major mall with a metro connection and an operator agreement already in place.
Offered at AED 90 million, the project is approximately 85 per cent complete, with structure at 100 per cent, facade and lifts at 90 per cent, and an estimated five to six months to completion, reducing the development risk of a ground-up build. Its position opposite Deira City Centre, 300 metres from the metro and minutes from the airport, targets both business and leisure demand. A Golden Tulip operator MOU is in place through Louvre Hotels Group and can be retained or changed. Returns will depend on final positioning, the operator and market conditions on completion.
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