Prime Beach Club | Palm Jumeirah For Sale

Description

Beach club and restaurant on Palm Jumeirah, Dubai.

Location

• Beachfront position
• Dubai Marina views
• Ain Dubai views

Concept

• Mediterranean cuisine
• Cocktails
• Spirits
• Wine

Facilities

• Indoor dining area
• Outdoor dining area
• Swimming pool
• Private beach
• Sunbeds

Licensed Areas

• Outside terrace and pool: 7,800 sq ft
• Beach area: 6,787 sq ft
• Main F&B area: 5,640 sq ft

Total licensed area: 20,227 sq ft

Lease

Lease term: 1 February 2022 to 31 January 2027

Extension: available

Annual rent: AED 1,450,000

Financials

Annual revenue: approximately AED 29,000,000

Asking Price

Price: AED 23,500,000

Brokerage Fee

Fee: 4%