Kleindienst Group is set to add a second Nice-inspired property to its Côte d’Azur-style resorts in Dubai World Islands.
Part of the Heart of Europe development located on the World Islands just off the coast of Dubai, Nice Hotel has now completed construction, having achieved the Nakheel Completion Certificate.
It follows the successful launch of its Monaco-inspired hotel.
Dubai World Islands Heart of Europe
With projected annual yields of 8.33 per cent, the hotel presents an incredibly attractive investment opportunity, said the Kleindienst Group.
With its floating villas, beachfront properties, coral restoration programme and even climate-controlled streets, the Heart of Europe, is a high-profile Dubai tourism project.
Nice is the second hotel within The Heart of Europe, a waterfront development with a track record of strong occupancy rates, revenue growth, and guest satisfaction.
As such, it presents a valuable investment opportunity for those seeking high-yield hotel room ownership with proven profitability.
Attractive returns aside, buyers can benefit from a turnkey service, wherein operations will be fully managed independently with no day-to-day responsibilities for investors.
Josef Kleindienst, Chairman of The Heart of Europe, said: “This is a rare opportunity to invest in a thriving hotel property with a solid performance history.
“Our strategic location, strong brand reputation and high occupancy rates make this an exceptional choice for investors seeking both short-term returns and long-term value appreciation.”
Owners will also benefit from an array of hospitality benefits, including complimentary stays and priority bookings, plus proximity to the hotels, restaurants and other amenities on The Heart of Europe.
Now in its pre-opening stages, the 264-key Nice Hotel will offer deluxe and premium rooms, plus three types of suites, ranging from 603sq ft to 1,216sq ft.
Hotel property investments, especially those strategically placed in high-demand leisure destinations, have proven to be a lucrative and stable source of income.
Moving forward, the group has an expansion plan that includes:
- Five-star Cannes and St Tropez boutique hotels as part of Côte d’Azur
- Floating Lido, which will be the world’s first luxury underwater vessel resort inspired by Venice
- Ultra-private and limited-number beach palaces on Sweden Island
- Waterfront villas inspired by Bauhaus architecture on Germany Island
The Nice hotel room ownership programme offers consistent revenue streams, capital appreciation, and access to a hospitality brand that is known for its excellence in service and guest experience, its use of state-of-the-art technology, and its prowess in developing properties for discerning investors in Dubai.