For Sale:
Dubai Buildings
Culture Village (Jaddaf Waterfront)
Palazzo Versace
Bayut - 7618
images (6). jpg
15
AED1,100,000,000
Est. Payment AED 4.4M/mo
Palazzo Versace, Culture Village (Jaddaf Waterfront), Dubai
1,090,851 sqft

HOTEL, HOTEL APARTMENT Building

Luxury building, Hotel design
PV Hotel 1 ، Al Jadaf
Plot no. 460 ، Municipality no. 326-865
Land use : Hotel / hotel Apartments
Authorized : 2 basement + Ground + 9 Floors
Total area of ​​the hotel building:
101,342.84 sq. Meter.
The Furniture is not included in the sale
Trade License is not included in the sale
FREEHOLD

Note:
Sale only for PV Hotel 1
Apartment building not included

The property details are as follows:
Basement 2:
Car Parking
Basement 1:
Meeting room
Parties and weddings Hall
Cars Parking
Ground floor:
LOBBY + 3 Restaurants
2 Nightclubs + Massage Center
Gym + Toilets + Kids Club
Barbershop for Men and Women
3 large pools + Guest lounge
Commercial Shops
First floor:
meeting room + Guest hall members
Prayer room + Toilets
Private office for management
From 2nd Floor to 3rd Floor :
the total number of hotel rooms is 215 rooms

Rented till 03 march 2028
Rent Value 10,000,000 AED / per Year

In respect of claims relating refund
Of the rent or vacancy of the property
The New Owner (the winner of the auction)
Must file a case with the competent authority
Settlement Committee, to evict the occupants
of the property and recover the rental value.
and the buyer must notify the tenant
by the Notary Public that he is the new owner
of the property. and that Emirates Auction
and/or Dubai Courts bear no responsibility.

The buyer bears the Property
developer’s fees from the date
of registering the Title Deed in his name

Recent decisions of the Dubai Courts
apply in terms of accepting or rejecting
offers of the bidders

Your participation in the auction is an
acknowledgment of the property legal
and physical conditions

For more details or to participate
in the auction please call us at
available 24 hours.

Property Information

  • TypeCommercial Building
  • PurposeFor Sale
  • Reference no.Bayut - 7618
  • CompletionReady
  • Average Rent
  • Added on25 February 2025

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