Trophy Freehold Hotel, Palm Jumeirah Dubai | 171 Keys | Operational | AED 13.3M Net Income

Operational Freehold Hotel on Palm Jumeirah, Dubai: 171 Keys

A rare chance to buy a fully operational hotel on a freehold plot on Palm Jumeirah, the world-famous man-made island and one of Dubai's most recognised addresses. Palm Jumeirah is a designated freehold zone, so foreign buyers can hold full freehold title. That makes this a true trophy asset for international investors, family offices and institutions looking for prime Dubai hospitality exposure.

The hotel is already trading, so a buyer takes on an established income stream from day one. There is no development, construction or ramp-up risk.

Asking price: AED 475,000,000 (approximately AUD 184,062,500 at 1 AED = 0.3875 AUD).

The Asset

• 171 keys: 9 suites and 162 guestrooms

• Freehold plot, Palm Jumeirah, Dubai

• Operational hotel sold as a going concern

Facilities

• Lobby
• Meeting spaces
• Media center
• Lobby café
• All-day dining
• Shisha garden
• Rooftop restaurant
• Rooftop pool
• Gym
• Prayer rooms
• Basement storage and offices

Financial Summary (as supplied by the seller/operator)

Item | AED | % of revenue | AUD (approx.)

Total Revenue | AED 31.1M | 100% | ≈ AUD 12.05M
Departmental Expenses | AED 8.1M | 26% | ≈ AUD 3.14M
Gross Operating Profit | AED 15.2M | 49% | ≈ AUD 5.89M
Net Income | AED 13.3M | 43% | ≈ AUD 5.15M

Revenue Split

Department | AED | % of revenue | AUD (approx.)

Rooms | AED 26,637,766 | 86% | ≈ AUD 10.32M
Food & Beverage | AED 2,632,690 | 8% | ≈ AUD 1.02M
Other Departments | AED 1,833,072 | 6% | ≈ AUD 0.71M

Indicative Metrics (based on the asking price)

• Net income yield: approx. 2.8% (AED 13.3M ÷ AED 475M)

• GOP yield: approx. 3.2% (AED 15.2M ÷ AED 475M)

• Price per key: approx. AED 2,777,778 (≈ AUD 1,076,389)

• Price-to-revenue multiple: approx. 15.3×

Financial note: All figures are as provided by the seller/operator and have not been independently verified. The source summary does not state a financial year or reporting period. Summary lines are rounded to AED 0.1M, and costs between departmental expenses, gross operating profit and net income were not itemised. AUD amounts are approximate and use 1 AED = 0.3875 AUD. Indicative metrics are simple calculations for comparison only and are not a valuation or forecast. Buyers should do their own due diligence, including audited accounts, operating agreements, title and trade licences.

Location

Palm Jumeirah, Dubai, United Arab Emirates. The street address is available to qualified buyers on enquiry. The map pin marks the centre of Palm Jumeirah, not the hotel's exact position.

Structuring & Enquiries

SMSF: Australian Self-Managed Super Funds (SMSFs) can purchase UAE property when structured correctly. Crownsbridge specialises in structuring SMSF purchases of UAE property for you at no fee — ask us how.

Offered by Crownsbridge. For further details, the street address and inspection, please contact info@crowns.ae.

Images: NASA (public domain); giggel, CC BY 3.0 (modified). Generic location photography only; does not show the subject hotel.