THE WORLD’S MOST EXCITING INVESTMENT DESTINATION
As one of the world’s most popular tourism destinations, Dubai’s hotel sector offers incredible opportunities for investors.
DUBAI’S SUCCESS IN NUMBERS*
Occupied room nights in 2018
Busiest international passenger airport
Annual international visitors
#1 worldwide for visitor spend
Projected growth in visitors by 2020
DUBAI’S MOST EXCITING DISTRICTS
With its world-famous skyline, enviable lifestyle and premium attractions, Dubai is a destination unlike any other on the planet. The First Group’s upper midscale hotels and premium residences are situated in prime locations in Dubai’s most exciting and popular districts, including Dubai Marina and Business Bay, ensuring high occupancy rates and consistent revenues.
Introducing Dubai Marina, the world's largest man-made marina, featuring a breathtaking combination of reflective waterways, al fresco dining, waterside promenades and glittering developments.
Dubai Marina is home to four of our world-class developments – Wyndham Dubai Marina, which opened in 2016; the premium residential high-rise Al Dar Tower; the newly-opened Millennium Place Marina; and the forthcoming Ciel, which will be the world’s tallest hotel upon completion. Opportunities to invest in new projects in Dubai Marina are extremely rare, which makes Ciel one of the city’s hottest hotel investment prospects.
Overlooking the stunning Dubai Canal and with Downtown Dubai on its doorstep, Business Bay is one of the city’s most exciting precincts. It is located just moments away from many of Dubai’s major tourist attractions and commercial centres, including the Dubai International Financial Centre, Dubai Design District, Dubai Mall and the iconic Burj Khalifa.
Business Bay is the pivotal location for three of The First Group’s forthcoming hotel projects. The One Hotel at Business Bay, operating as Millennium Place; Sky Bay Hotel, operating as Ramada Plaza Business Bay; and Dolphin Tower at Business Bay, will provide guests with world-class services and amenities.
The fast-growing community of Jumeirah Village is one of Dubai’s most popular precincts. Located just a short drive from the Dubai World Expo site and what is set to become the world’s largest airport, Al Maktoum International, Jumeirah Village lies at the heart of New Dubai.
Jumeirah Village is home to three of our latest hotel developments: Avalon Tower, which will be managed by Millennium & Copthorne; The One at Jumeirah Village Circle, which will operate as Ramada Plaza JVC; and The One at Jumeirah Village Triangle, which will be branded Millennium Place JVT Dubai. Given the prime location and high-quality amenities, it is easy to see why it has attracted such a positive response from investors.
Vibrant. Bustling. Thriving. All apt descriptions for Dubai’s Barsha Heights (formerly TECOM). This exciting destination located in the heart of ‘New Dubai’ is home to four of our hotel developments, as well as our global headquarters.
Our first properties in Barsha Heights – First Central, Metro Central and Grand Central Hotel Apartments – opened in 2011, 2012 and 2013 respectively, and have all enjoyed great success. Our landmark hotel – Tryp by Wyndham – opened in 2017, and quickly established itself as one of the most popular upper midscale hotels in the precinct.
Dubai Sports City
With its unique mix of world-class sporting facilities, services and residential amenities, Dubai Sports City ranks among Dubai’s most popular communities. It is also home to four of our world-class developments: The Diamond, which opened in 2010; The Spirit (which opened in February 2013), The Bridge (July 2013) and The Matrix (November 2014).
All four developments are multiple award winners and remain among the most popular developments in Dubai Sports City, generating occupancy rates that exceed the market average and delivering strong returns to our investors.
PROFITING FROM THE TFG INVESTMENT MODEL
The First Group develops quality investment properties in high-demand locations
Our properties are managed by highly-experienced hotel operators, whose expertise is renowned worldwide
These property assets deliver great returns to our investors in a stable currency, pegged to the U.S. dollar
TFG property investors benefit from a wealth of privileges in conjunction with our hospitality partners
AN INVESTOR’S FAVOURITE
AN INVESTOR’S FAVOURITE
High-yielding assets, a world-class regulatory environment and ultra-modern infrastructure – these factors have made Dubai one of the most-popular investment destinations on the planet. Dubai’s stated ambition to become the world’s most-visited destination by 2025 means there’s never been a better time to invest in the city’s thriving hotel industry. Speak to us today about the incredible opportunities available.
BRINGING THE WORLD TO DUBAI
BRINGING THE WORLD TO DUBAI
Already recognised as the Middle East’s most dynamic and exciting city, Dubai is set to further enhance its global reputation when it hosts the region’s first-ever World Expo in 2020. More than 25 million people are expected to attend Expo during its six-month duration from October 2020 to April 2021, while global media coverage will expose the city and its incredible attractions to an audience many times larger again. Dubai’s development is set to accelerate further over the next decade, as a series of strategic initiatives designed to establish it as the region’s first global city make their mark.
These include UAE Vision 2021, which is an unprecedented economic diversification strategy launched by the UAE government that will see AED300bn ($82bn)-worth of investment committed to expanding key growth sectors including education, technology, transportation, healthcare, renewable & clean energy, water and space exploration. Key economic sectors in Dubai, from hospitality and tourism to construction, transport and trade, will all benefit from the programme.
Dubai’s remarkable growth story to date is only the beginning for this spectacular city. Speak to us today about the incredible investment opportunities available in Dubai’s hotel market.
Sources: Dubai Tourism, Jan 2019, Dubai Airports, Jan 2019, Mastercard Global Destination Cities Index 2018