Prime Hospitality Investment in Al Rigga – High Footfall Tourism District
🔥 Rare opportunity to lease a fully operational hotel building in one of Dubai’s busiest hospitality corridors. Located in the vibrant Al Rigga district, this hotel offers strong tourism demand, nightlife traffic, and excellent upgrade potential.
Ideal for hotel operators and hospitality investors seeking a value-add asset that can be upgraded from 3★ to 4★ after renovation.
The property already features multiple entertainment outlets and hospitality facilities, making it a strong income-generating opportunity in a prime Deira location.
Maximum Height Allowed: G+6
Property Highlights
🏨 Property Type: Hotel Building 📍 Location: Al Rigga – Deira Dubai 🛏 Total Rooms: 119 Rooms 🏢 Building Height: G+6 Floors 🎶 Clubs: 7 Entertainment Clubs ☕ Retail: Café Shop 💆 Facilities: Spa & Salon ⭐ Current Classification: 3 Star Hotel ⬆️ Upgrade Potential: Convertible to 4 Star Hotel 🛠 Renovation Required: Approx. AED 1.5 Million 💰 Annual Rent: AED 8,000,000 🔐 Security Deposit: 5% 📑 Admin Fees: AED 500,000
Al Rigga is one of Dubai’s most active tourism and nightlife destinations, attracting international visitors year-round. This hotel building offers investors the opportunity to reposition the asset into a higher-category hospitality property, increasing revenue and market value.
With 7 entertainment clubs and full hospitality facilities already in place, the property provides immediate operational potential with strong future upside.