Secure a lucrative 3-5 year lease for this well-maintained hotel apartment building in the vibrant Bur Dubai district. Offering 107 spacious studios and 1-bedroom apartments, this investment boasts potential for consistent rental income and flexible business opportunities.

Property:
Type: Hotel Apartments
Total Rooms: 107 (84 Studios, 23 1-Bedroom)
Restaurant: 1 (offering additional revenue potential)
Amenities: Well-maintained building with Pool & Gym,
54 Parking Spaces
Vacant Space: Flexible space for additional businesses (retail, spa, etc.)

Terms:
Leasing Period: 3-5 years
Security Deposit: AED 2,000,000 (Minimum Refundable)
Cheques: 2 per year
Commission: 10%
Grace Period: No

Leasing Price : AED 5,500,000

Investment Highlights:
Established Hotel Apartments: Generate consistent income from existing tenants.
Prime Location: Attract high-demand clientele with easy access to Dubai's core.
Multiple Revenue Streams: Restaurant and vacant space offer additional income potential.
Landlord Office: Maintain on-site presence and control.
Attractive Lease Terms: Secure a long-term lease with competitive terms.

RGEstate Profile:
RGEstate is a leading Dubai-based real estate agency specializing in commercial and residential properties. With a proven track record of success and a team of experienced professionals, we provide comprehensive support throughout the leasing process. We are committed to exceeding your expectations and securing the best possible outcome for your investment.

Contact RGEstate today to schedule a viewing and discuss this exceptional opportunity!