Real Estate AppraisalReal Estate Business StrategyReal Estate Market Research

Real Estate Development-Hospitality

Family Hotel- Dubai – UAE

Status: Delivered

Sector: Real Estate development | hospitality

Scope: Market research | feasibility | development strategy | concept creation | joint venture structure

Value: US$ 200,000,000+

Demand:

Dubai’s hospitality sector is expanding at a 5.3% annually.

It currently attracts 12M+ overnight visitors per year.

Dubai is the fourth most visited city according to MasterCard overnight visitor analysis, however;

Family visitors to Dubai are growing at a much higher rate, estimated at 6.7%annually for the past 5 years.

Dubai offers a multitude of quality hotels, resort, hotel apartments and furnished apartments.

However, none is purely family oriented. Similarly, none of Dubai’s resorts is purely a “Family Resort”.

Project:

Develop the first 100%family hotel in the country.,

Cater to families, females, and children.

Status: 

The hotel is currently under detailed design.

The land had been allocated

Lead investors are aligned.

The project is expected to generate a 28% + IRR.