INVESTO: RETAIL-HOSPITALITY LEASING CONSULTANT
Al Karama is one of Dubai’s most affordable, vibrant, and culturally rich neighborhoods, known for its street shopping, budget-friendly dining, and strong South Asian (especially Indian & Pakistani) influence.
Nearby Areas:
Bur Dubai (5 min)
Deira (10 min)
Downtown Dubai (15 min)
Dubai Marina (25 min via Sheikh Zayed Road)
Metro Access:
ADCB Metro Station (Green Line) – Direct access to Dubai Creek & Deira
BurJuman Metro Station (Red & Green Line interchange)
Major Roads:
Oud Metha Road
Sheikh Khalifa Bin Zayed StreetLocation – Karama
Location – Karama
KEY FACTS:
* Selling this hotel in this area is allowed to GCC, so you need some GCC partner. We provide local partner if you don’t have
NOTE: As per rules and regulations of Dubai Land Department in UAE , these following required to be paid by purchaser:
3% commission to Real Estate Company.
5% VAT to be paid to Dubai Land Department.
4% of the purchase price of the property to be paid to Dubai Land Department as duty.
Dubai has emerged as a global leader in economic growth, transforming into a thriving hub for both tourism and investment. Its popularity as a resort city and a business destination continues to soar, driven by favorable UAE legislation that encourages foreign investments. The laws allow foreigners to own and manage real estate and businesses with complete autonomy. Additionally, Dubai, along with the rest of the UAE, boasts numerous free economic zones designed to foster business growth across diverse industries.
Investing in Dubai’s real estate market holds immense appeal, particularly in residential and commercial properties. Residential real estate is commonly purchased for personal use or rental income, while commercial properties offer opportunities to establish businesses or lease them for entrepreneurial ventures. Among the most lucrative sectors in commercial real estate is hotel investment.
Investors can choose to acquire hotels during the construction phase or purchase fully operational establishments. There is also the option of buying land in prime tourist areas to develop hotels. While investing in hotels in Dubai requires substantial capital—with prices for ready-to-operate hotels often ranging from $50 to $100 million or more—it remains relatively affordable compared to leading European resorts, where similar properties can cost double. The final price of a hotel varies depending on its location, size, category, and construction stage or operational readiness.
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