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Business opportunity for sale in Ra's al-Khaymah
USD 8,186,243
Business opportunity (For sale)
Reference:
EDEN-T100177406
/ 100177406
Reference:
EDEN-T100177406
Country:
AE
City:
Ras Al Khaimah
Postal code:
2259
Category:
Commercial
Listing type:
For sale
Property type:
Business opportunity
Property size:
99,997 sqft
Lot size:
199,993 sqft
Rooms:
40
Bedrooms:
20
Bathrooms:
20
REAL ESTATE PRICE PER SQFT IN NEARBY CITIES
| City |
Avg price per sqft house |
Avg price per sqft apartment |
|---|---|---|
| Dubayy | USD 225 | USD 299 |
| United Arab Emirates | USD 220 | USD 296 |
| Stavropol Krai | USD 37 | USD 45 |
| Cyprus | USD 198 | USD 174 |
| Vysokoye | USD 62 | USD 88 |
| Moldovskiy | USD 66 | USD 89 |
| Krasnaya Polyana | USD 158 | USD 113 |
| Paphos | USD 191 | USD 150 |
| Pegeia | USD 207 | - |
| Volkovskiy | USD 65 | - |
and a true masterpiece of design by an Iranian artist who dedicated 15 years to its creation. This magnificent estate is adorned with historical objects, furniture, and artworks from around the globe, including exquisite pieces from Syria, Morocco, India, and China. You'll marvel at the hand-painted walls and mosaics that add a touch of elegance to every corner.The façade of the palace is adorned with a very special white marble that originates from the Kaaba in Mecca. This exquisite marble not only protects the palace from external heat but also imbues it with profound religious significance.The palace sits on a vast 200,000 sq ft plot on a prominent hill and boasts 20 distinct bedrooms, each one unlike the other, 20 luxurious bathrooms, and 8 grand halls. With a sprawling 100,000 square feet of built-up area, there's ample space to explore and enjoy. Additional features include a serene prayer hall, a well-equipped office, and a spacious kitchen.After being abandoned for almost 30 years, the palace has been completely restored by the current owner over the past year. Its history is filled with intrigue, as many world-famous politicians and celebrities have tried to purchase this palace, but it was never available for sale.This palace not only holds immense historical and cultural value but also presents a wealth of commercial opportunities. Plans are already in place to transform it into a successful venture, whether it be a luxury hotel, a fine dining restaurant with a rooftop bar or theme park attraction with thrill rides. Adding to its allure, the palace is shrouded in legend, rumored to be haunted, which only enhances its charm. It's currently the number one famous palace in the Middle East and ranks as the fifth most renowned palace worldwide.Contact us today for valuation reports and more information on this incredible investment opportunity. View more View less Welcome to an extraordinary palace, previously owned by a royal family,
and a true masterpiece of design by an Iranian artist who dedicated 15 years to its creation. This magnificent estate is adorned with historical objects, furniture, and artworks from around the globe, including exquisite pieces from Syria, Morocco, India, and China. You'll marvel at the hand-painted walls and mosaics that add a touch of elegance to every corner.The façade of the palace is adorned with a very special white marble that originates from the Kaaba in Mecca. This exquisite marble not only protects the palace from external heat but also imbues it with profound religious significance.The palace sits on a vast 200,000 sq ft plot on a prominent hill and boasts 20 distinct bedrooms, each one unlike the other, 20 luxurious bathrooms, and 8 grand halls. With a sprawling 100,000 square feet of built-up area, there's ample space to explore and enjoy. Additional features include a serene prayer hall, a well-equipped office, and a spacious kitchen.After being abandoned for almost 30 years, the palace has been completely restored by the current owner over the past year. Its history is filled with intrigue, as many world-famous politicians and celebrities have tried to purchase this palace, but it was never available for sale.This palace not only holds immense historical and cultural value but also presents a wealth of commercial opportunities. Plans are already in place to transform it into a successful venture, whether it be a luxury hotel, a fine dining restaurant with a rooftop bar or theme park attraction with thrill rides. Adding to its allure, the palace is shrouded in legend, rumored to be haunted, which only enhances its charm. It's currently the number one famous palace in the Middle East and ranks as the fifth most renowned palace worldwide.Contact us today for valuation reports and more information on this incredible investment opportunity.