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Rove Hotel Project - Dubai Hills

  • Postponed
  • Dubai
  • Urban Construction, Hotels

This project involves construction of Rove Hotel in Dubai Hills. It will also feature The Daily - an all-day restaurant that serves international flavors. The project is about Construction of a hotel featuring amenities that will include a 24-hour convenience store, an outdoor pool, a 24-hour gym, a 24-hour self-service Laundromat and convenient meeting facilities. Rove Hotels is simple yet inspirational. It is forever true to its multicultural Dubai roots and by mirroring the evolution of Dubai, we are here to inspire, here to advance, here to stay. We provide a social and cultural hub for international explorers where efficiency and relevance are at the heart of our offering. Rove Hotels provides any community with a true value hospitality experience. Rove Hotel Apartments offers buyers the perfect hustle free investment. All rooms come fully furnished and managed meaning owners can simply sit back and let the investment take care of it self.This unique opportunity comes with a guaranteed 40% revenue share which by conservative numbers should equate to a return of 6.7% in the first year. This figure is expected to reach over 8% by year 3 of ownership. As an extra bonus owners get a complimentary 2 week stay at the hotel every year for the duration of ownership. The hotel property will be developed by client and managed by its hospitality brand Rove Hotels. Design work is currently in progress. Construction work is scheduled for completion by Q4, 2020.

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