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Three Star Hotel In Al Rigga For Sale

Al Rigga, Dubai
Asking Price:
Over $5M (USD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Summary
• Reference: EASHWAR A300449
• Property:Al Rigga
• Type:Retail
Description
Al Rigga
3 Star Hotel
120 Rooms
Area: 11,850 sqft
5 F & B Outlets
Basement,Ground,7 Floors, Roof Top
Plus Swimming Pool, Gym, Sauna

Selling Price: AED 155,000,000
Also for Rent: AED 9,500,000

For more information please provide:
• LOI
• Passport copy
• proof of fund


Al Rigga or Al Riqqa is a locality in Dubai, United Arab Emirates (UAE). Located in the heart of eastern Dubai in Deira, Al Rigga is a residential and commercial centre. Al Rigga is bordered by Rigga Al Buteen, Port Saeed, Al Muraqqabat and Naif and bounded to the south by Dubai Creek.Al Rigga is bounded in the west by route D 88 (Omar bin Khattab Road) and to the east by route D 78 (Abu Baker Al Siddque Road). The locality is separated from Al Muraqqabat by Al Rigga Road and from Rigga Al Buteen by route D 89 (Al Maktoum Road). The Union Square is located in Al Rigga where buses and taxis provide transport within the emirate as well as to other emirates in the country. The Dubai Clock Tower, which lies at the intersection of Umm Hurair Road and route D 89 is situated in Al Rigga. Additionally, several local hotel chains such as Metropolitan Palace, Zain International Hotel and Sun & Sands Hotel are located in Al Rigga.Local roads in Al Rigga follow a grid pattern, continuing in numerical sequence from those of Al Muraqqabat. Even-numbered streets progress in a northwest-southeast pattern, beginning with 3rd B Street (near Al Tahir Restaurant) and ending with 45th C Street (near Metropolitan Hotel). Even-numbered streets progress northeast-southwest, beginning with 2nd Street (near Bani Yas Cemetery) and end with 44th A Street (near Rigga Al Buteen Plaza).Both Al Rigga and Al Muraqqabat play a central role in the Dubai Shopping Festival (DSF) celebrations. Planet Pepsi, a DSF entertainment park is located in Al Rigga

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