Hotels, Hospitality and Leisure
Our ethos here at Chestertons is simple, we care about client objectives, delivering professional advice, working harder and building long term relationships.
We provide valuation advice across a variety of hotel, hospitality and leisure assets within the MENA region for multiple purposes, including auditing, acquisition and disposal, financial reporting and secured lending.
All of our valuations are undertaken by Members of the Royal Institution of Chartered Surveyors (RICS) who are also RICS Registered Valuers.
Our Expertise Covers:
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Hotel ValuationsWe have the knowledge and experience to value all different types of hotel assets, ranging from luxury beachfront resorts to three-star city hotels.
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Acquisition Advice
Our extensive market knowledge can assist with any potential acquisition of hospitality related assets.
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Disposal Advice
We understand the importance of having the correct pricing and strategy in place when disposing of real estate assets.
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Strategic Development Advice
We have a track record in advising investors and developers from pre-construction phase through to post-construction, identifying all risks and prospects associated with each project.
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Feasibility Studies
We undertake detailed research and analysis to assess the viability of development concepts, providing recommendations and reporting financial performance through metrics including internal rate of return (IRR), investment multiple and payback period.
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Highest and Best Use Studies
We undertake comprehensive research and analysis, supported by our extensive market experience, to assess the optimal use for vacant land plots or redevelopment opportunities.
FAQ - Investing in Dubai
What are the best communities in Dubai to buy properties?
It really depends on what you’re looking for. If you’re after iconic views, Downtown Dubai and Palm Jumeirah are top picks with high potential for appreciation. Dubai Marina is perfect if you want a lively atmosphere by the water, while areas like JVC and Business Bay offer great investment opportunities with solid rental returns.
What is the average ROI for properties in Dubai?
Average annual yields ranging between 5% to 9%. Of course, the ROI can vary depending on the property type and location, but popular areas like Dubai Hills, JVC, and Business Bay often see higher rental yields due to demand.
Is it expensive to live in Dubai?
While it’s true that luxury housing, high-end shopping, and international schools can drive up costs, there are plenty of areas like Al Barsha, Deira, and Dubai Silicon Oasis where you can live comfortably without overspending. Plus, the absence of personal income tax is a big benefit.
What kind of properties does Dubai offer?
Dubai’s real estate market is incredibly diverse. You have luxury villas, apartments, townhouses, family apartments and studios. You can also find off-plan properties swell as commercial warhorses, offices, buildings and land.