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| Lihoy > Construction & Real Estate > Others > Sell 3 Stars Hotel Dubai UAE |
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| Rating ;3 Stars Hotel Location main Road deira Dubai Building ;B+ G+ 7 floors Facilities; Basement car Park, Roof Top Swimming pool, Ladies and Gents Gym Land Area ' 16 200 sq ft Letting rooms ; 90 in cluding 6 suit Outlets 05 Income from room rent Summer( May to October): - Room Rent Single US$ 95.5 doulbe US $136.5 Suit US $ 218.5 Corporate Rate US$ 82/room Occupancy 95% but when calculated 85 % Total Room income during Summer will be 82( Multiply By) 85 rooms (Multiply by) 180 days = US$ 1.25 millions Approx US$ 1.25 millions Winter (November to April);- Room Rent Single US$ 150 Double US $ 191 Suit US$ 325 Corporate rate US $ 136.5/room Occupancy 110 %But when calculated 100% Total Room Income during winter will be 136.5 (Multiply by) 90 rooms (multiply by) 185 days = US$ 2.52 Millions Approx US $ 2.5 millions Income from out-lets ( night clubs and restaurants) US $ 1100 each dailly for 11 months 1100 (multiply by) 5 (multiply by) 335 days = US $ 1.84 millions Approx US $ 1.84 Millions Total Income=US $ 1.25+2.5+ 1.8 = US$ 5.59 Millions Taxes, Managerial and operational Expenses Taxes ; 10 % on sales.. Total sales = US $ 5.59 Millions = US $ 0.55 Millions Managerial Expense. Salaries= AED 70,000 for 12 months =AED 840,000 Purchase of food & beverage=AED 110,000 for 11 months =AED 1,210,000 Publicity and Promotions= AED 250,000 Total = US $ 0.63 Millions Operational Expenses Water & Electricity Bills =45000 for 12 months=AED 540,000 Transport & Telephones average 15,000 for 12 months =AED 180,000 Yearly Renewal of License =AED 140,000 Yearly Fee of Local Sponser =AED 120,000 Total approx US $ 0.27 Millions Total Expenses = US $ 1.45 Millions Net Operating imcome ( NOI) = US $ 4.14 Millions Asking Price 17.8 Millions Cap Rate 26 % Tripple Net yield 26 % 3d Venture Real Estate
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