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Profitable Holiday Homes Business for Sale in Dubai

Profitable Holiday Homes Business for Sale in Dubai

  • BXB Listing ID :

  • Type :

    Buy Business
  • Business Type:

  • Business Name:

  • Country:

    United Arab Emirates
  • State:

  • Area:

  • Asking Price:

    500,000 AED
  • No Of Employees:

  • Year Established:

  • Annual Revenue:

    864,108 AED
  • Annual Net Profit:

    160,000 AED
  • Trade Licence:

  • Trading Hours:

    8 am - 5 pm
  • Real Estate:

    Leased by the Business
  • Lease Terms Description:

    Annual lease paid in 4 installments
  • Annual Leasehold Rent:

    43,000 AED
  • Reason for Sale:

    Partner is relocating
  • Market fundamentals:

    Global trends show an increasing demand for serviced apartments and holiday homes
  • Information on staff:

    Experienced & efficient team of professionals

Business Overview

This business is a licensed holiday homes operator in Dubai. Managing more than 65 properties in upscale areas in Dubai such as Jumeirah Beach Residence, Dubai Marina, Jumeirah Lakes Towers, Jumeirah Village Circle, Business Bay, Downtown and Arjan. They provide a full property management service to property owners and self-catering apartments in Dubai for tourists and business travellers. The business has a strong presence on AirBnB with over 1,000 positive reviews and their apartments are among the top-rated properties on the platform. They are partnering with different rental providers such as Booking.com, HomeAway, Trip Advisor and Travel Mob. They also have a well-designed website with a booking feature. The company has established an efficient work environment with two office administrators who manage the bookings and two property managers handling the check-in and check-out process. The business utilises a property management system which allows them to co-ordinate all clients and manage their inventory. The software provides access to the property owners and features an opportunity for a direct connection to the booking platforms. The efficiency with which this company works enables them to enjoys repeat customers and 86% occupancy of their properties. Growing demand from the forthcoming Expo 2020 and the local property trends encourage property owners to explore short term leasing. The global trends in holiday rental shows growth of serviced apartment rentals due to the value for money they provide. This positively impacts the business, marking steady growth and development of the sector in the UAE.

Please click on thumbnail to view Teaser

*Vacation holiday homes *Full property management

Vehicle used for transportation and operations

*Opportunity to expand the team and increase the inventory to drive more revenue *Short-term lease model has gained popularity among property owners due to its profitability

*Global trends show growth in self-catering apartment rentals among travellers due to the great value for money *Great growth potential due to increasing demand for serviced apartments in Dubai prior to Expo 2020 *Excellent opportunity to expand a well-established business *Opportunity to increase revenue and profit using existing partnerships


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