l-b-ae-1726M
AED · Asking bid
Award-Winning Licensed Restaurant & Bar in JLT Dubai
Dubai, United Arab Emirates
- Revenue
- AED 458K/mo
- Profit
- -AED 100K/mo
- Multiple
- —

Asking price
AED 11,000,000AED
A rare opportunity to acquire a fully fitted, high-end restaurant, bar and lounge in a premium hotel waterfront setting in Dubai. The venue offers around 3,500 sq.ft of internal space plus outdoor terrace, with multiple zones for main dining, lounge and bar, ideal for fine dining, events and private functions. Seating capacity comfortably accommodates over 150 guests across indoor and outdoor areas, with an elegant fit-out, bespoke bar and professional kitchen already in place. The business is currently non-operational, and the asking price reflects the value of the assets, fit-out and setup costs rather than trading performance. The restaurant holds an alcohol licence. Any outstanding liabilities related to past operations will be settled by the current owner prior to handover.
This is a non-operational asset sale. The offering includes a fully fitted, high-end restaurant, bar and lounge in a premium 5-star hotel waterfront promenade in Business Bay, Dubai. The venue comprises approximately 3,500 sq.ft of internal space plus an outdoor terrace, with multiple distinct zones: a main dining room, a lounge area, and a bar. Seating capacity comfortably accommodates over 150 guests across indoor and outdoor areas. The fit-out is elegant and complete, including a bespoke bar and a professional commercial kitchen. The restaurant holds an active alcohol licence — a significant asset in Dubai's regulated F&B market. The venue is ready for immediate re-launch by a new operator. No trading performance figures are included; the asking price reflects the value of the physical assets, fit-out, and setup costs invested to date.
The venue is located within a luxury 5-star hotel promenade in Business Bay — one of Dubai's prime commercial and residential districts. The surrounding area attracts affluent residents, expatriates, corporate professionals, and hotel guests, providing strong footfall and a high-spend customer base. Business Bay is a established F&B destination with growing demand for premium dining experiences. The waterfront setting and hotel association provide natural marketing channels through the hotel's guest programme and events pipeline. A new operator would benefit from the existing fit-out and location to capture the fine dining, corporate events, and private functions market segments.
Similar deals buyers are exploring right now.
Asking price
AED 11,000,000AED
Sign up free to contact the seller
The business is currently non-operational. The sale includes all physical assets: the complete restaurant fit-out, bespoke bar, professional kitchen equipment, furniture, and fixtures. The venue holds an active alcohol licence. Any outstanding liabilities related to past operations (including rent and supplier obligations) will be settled by the current owner prior to handover, ensuring a clean transfer. The restaurant was originally fitted out and launched in August 2024. The space is ready for a new operator to take over and relaunch with their own concept, team, and operational structure. Key details including current rent terms, layout plans, and a full photo set are available to qualified buyers upon signing an NDA.
1. Immediate relaunch — the venue is fully fitted and ready to operate; a new operator can launch their own concept with minimal capital expenditure beyond staffing and inventory. 2. Concept flexibility — the space supports fine dining, casual dining, lounge, or hybrid concepts; the multiple zones (dining, lounge, bar) allow for varied programming. 3. Private events and functions — the 150+ seating capacity and distinct zones make the venue ideal for corporate events, weddings, and private celebrations, a high-margin segment in Dubai. 4. Alcohol licence advantage — the existing liquor licence is a valuable, hard-to-obtain asset that significantly enhances revenue potential. 5. Hotel partnership — leveraging the adjoining 5-star hotel's guest programme and events pipeline could drive consistent footfall. 6. Brunch and weekend programming — Dubai's brunch culture is a major revenue driver; the waterfront terrace is well-suited for premium weekend experiences. 7. Delivery and cloud kitchen — the professional kitchen could support a delivery-only brand alongside the dine-in concept.