Good Offer Hotel Investment Product with ROI 8%, Rove City Walk

Hotel Investment Product with ROI Eight Percent, Rove City walk

Starting Price: AED 770,888

A hotel needs the first year to get established

Estimated 74% occupancy

60% of the the revenue is for maintenance, running, FF&E ext

40% revenue share is for the investors

Its a licensed hotel

34 units per floor

Total 340 units

Only selling 10 floors

Selling only 60% of the hotel rooms

Year 2 occupancy expected to increase to 84% as per the other operating ROVEs

Free hold with a Title deed

Can resell any time

No parking, no kitchen, no service charges, no utilities and no operation cost

60/40 revenue share

5% VAT on top of the price

Completion 2021

Rove hotel city walk

2 % percent DLD waiver

PAYMENT PLAN

5% Purchase date
5% 2nd Installment
5% 3rd Installment
5% 4th Installment
5% 5th Installment
5% 6th Installment
5% 7th Installment
5% 8th Installment
60% 100% completion date

Our company

Shababeek Real Estate provides an extensive list of properties for sale and lease, Since establishment in 2015 the company has grown in strength and reputation and has maximized the business potential to the benefit of our valued local and international client base.

Shababeek is one of the UAEs leading brokerage firms, offering a complete property experience. We work in pursuit of service excellence and we are committed in every area of the real estate industry. Offering a premium, professional and flexible service to customers.

Shababeek Real Estate has a unique end-to-end approach, delivered by an experienced team of real estate professionals. Our complete property experience includes Sales, Leasing and Property Management. We engage in the support of value-added partners to complete the professional services offered and complement these by also providing international investment options.

Company Name : Shababeek Real Estate LLC
ORN: 18886
P. O. Box:
Address: 14th Floor, Executive Bay Tower-B
Tel. No
For any inquiries call Abdullah
Email Address :

Property Information

TypeApartment
PurposeFor Sale
Reference no.Bayut - 777-Ap-S-0113
CompletionReady
Average Rent
Added on20 July 2019

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