Pioneering Concept

Hotel Ownership by IFA Hotels & Resorts - Key Terms & Benefits:

• Freehold ownership of Hotel Residence unit
• After the hotel opens, IFA guarantees 8% return on initial total investment for first three years of ownership*
• From year four onwards, the Owner receives 50% of the hotel’s room revenue
• Each year the Owner is entitled to 30 days complimentary accommodation*
• Capital value increases in line with hotel performance
• 4 fully-furnished room types available - Superior, De luxe, Executive and Suite*
• Potential Owner benefits include - discounts, room upgrades, late check-outs and complimentary meals at participating Mövenpick Hotels & Resorts throughout the Middle East
• Special corporate room rates at Mövenpick Hotels & Resorts worldwide

* Terms & Conditions apply

Backed by IFA Hotels & Resorts’ enviable track record in international property development and management, as well as their commitment to the highest ethical standards, the company is pleased to offer for sale freehold hotel residences in Laguna Tower, presenting international investors with an exciting opportunity to participate in Dubai’s burgeoning hotel market.

IFA Hotels & Resorts has developed an innovative property investment vehicle that combines hotel ownership with a guaranteed return and strong capital growth potential - introducing Hotel Ownership by IFA Hotels & Resorts. The concept allows investors to buy a fully-furnished, 5-Star branded hotel residence, professionally-managed by the renowned Swiss hotel chain, Mövenpick Hotels & Resorts. This represents a new opportunity for mid-tier investors to participate in hotel ownership, which has previously been the exclusive domain of high net worth individuals and large corporations. Investing in hotels may be an attractive alternative for investors wishing to diversify their residential and commercial property portfolios. Hotel investments also act as a hedge against inflation, as hotel values tend to appreciate in line with average room rates, driven by hotel demand.

Understanding the concept
Branded hotel residences may be new to the Middle East, but ‘condominium’ or ‘sectional’ hotels are already a proven concept experiencing rapid growth in the US, the UK and South Africa. Essentially, private investors purchase freehold hotel residences as an investment, to benefit from the operating income and capital growth. An additional benefit is that the Owner is entitled to 30 days’ complimentary use of their property during the year.

The Residence is branded and managed by Mövenpick, which covers the day-to-day administration, marketing, servicing and maintenance of the property.
Mövenpick is incentivised to maximize the room rate paid by guests to use the Residence as a regular hotel room. In turn, the Owner receives their share of the hotel’s room revenue. Hotels room rates rise with inflation, hence the capital value of the property is expected to rise over the medium term.