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Case Study

First-ever open market hotel sale in Dubai

A decade-long relationship with Mövenpick in Asia helped secure JLL's team in Dubai an exclusive mandate for the sale of the 312-room Mövenpick Hotel & Apartments in Bur Dubai. The team completed the disposition in Dubai's first-ever open market hotel sale.

This rare investment opportunity attracted substantial interest from regional as well as Asian investors and reinforced JLL's position as the leading hotel transaction advisor in Dubai, despite the recurring legal and operational challenges there.