Three-Star Hotel for Sale in Deira, Dubai

A rare opportunity to acquire an operational 138-room three-star hotel in central Deira, Dubai, offered at AED 125 million. The asset is currently run by an operator and generates AED 5 million net to the owner each year, with the option to transfer without the operator so a buyer can appoint a new brand. This sale is open to local and GCC investors only.

The hotel occupies a prime, central Deira position close to the old market, the waterfront and major tourist attractions, in one of Dubai’s most established and consistently busy districts. It runs across nine floors today, with approved plans allowing a G+13 configuration plus parking floors, giving clear scope to reposition or expand.

With 138 rooms including ensuites, executive and junior suites, two central kitchens, a ballroom, wellness and a full spread of food, beverage and entertainment outlets, the building is a complete, income-producing operation. For an investor, it offers immediate cash flow today and significant upside through rebranding under a stronger hotel flag.

Status

Operational three-star hotel, currently run by an operator. Sale open to local and GCC investors only.

Configuration

138 rooms across nine floors today, with approved G+13 plus parking plans. Full suite of F&B, wellness and event facilities.

Income

AED 5 million net to the owner each year under the current operator, with the option to transfer without the operator.

Buyer Eligibility

This sale is restricted to local and GCC investors only. Ciarla Properties will confirm eligibility before proceeding.

Location Description and Benefits

Deira is one of Dubai’s oldest and most established commercial districts, wrapped around the Creek and the historic souks. It draws constant tourist and local footfall, which underpins steady demand for hotel accommodation.

The hotel sits close to the old market and waterfront, minutes from Dubai International Airport, giving guests immediate access to Deira’s attractions and quick reach across the city.

For an operator, the location means reliable year-round occupancy from tourism, trade and transit demand, which supports the asset’s income and its repositioning potential.

Location

•   Deira Old Souk & waterfront: Walking distance
•   Dubai International Airport (DXB): 10 minutes
•   Gold Souk: 5 minutes
•   Downtown Dubai: 15 minutes
•   Port Rashid: 10 minutes

Property Highlights

•   138 total rooms including ensuites
•   4 executive suites and 2 to 3 junior suites per floor
•   9 floors at present, G+13 plus parking in approved plans
•   2 central kitchens (lobby level and 10th floor)
•   Ballroom, currently used for multi-faith prayers
•   2 service elevators and 2 guest elevators in the lobby
•   2 parking levels with 40-car capacity
•   2 massage centres (Asian and Indian)
•   6 clubs (Irani, Hindi, Arab, English, Asian, Lobby Bar)
•   Rooftop club with shisha

Building Features & Amenities

•   Prime central Deira location
•   Close to the old market and waterfront
•   Near major tourist attractions
•   Strong year-round tourist and local footfall
•   Operator currently in place
•   Transferable without operator

Ideal For

This asset suits local and GCC hotel investors and operators seeking an income-producing property with repositioning upside, family offices and investment groups building a hospitality portfolio, and buyers who want an established Deira operation with the flexibility to rebrand under a stronger flag.

Investment Appeal

The hotel generates AED 5 million net to the owner each year under the current operator, giving immediate cash flow from day one. The option to transfer without the operator lets a buyer appoint a new brand and reposition the asset, and the approved G+13 plans offer scope to expand the building. Deira’s strong tourist demand and central location underpin the income, though future returns depend on management, branding and market conditions.