HOTEL on the Palm  Crescent no 1 m2 rate cost M
no of rooms room area balcony total
rooms standard 100 20 5 2,500 £2,000 £5,000,000
suites 5 30 5 175 £2,500 £437,500
2,675 m2
circulation lobbies and hallways 800 £2,000 £1,600,000
car parking 40 30 1,200 £1,000 £1,200,000
lifts & circulation 350 £1,200 £420,000
FOH 800 £2,000 £1,600,000
large high foyer and waiting 500 £1,500 £750,000
BOH 300 £1,000 £300,000
Services & Emergency Backup 600 £1,500 £900,000
Restaurants served by BOH kitchens 2 450 900 £1,500 £1,350,000
2 130 260 £1,000 £260,000
Swimming pool 150 £1,250 £187,500
Shops (clothes, Jewels, souvenirs, library, F&B) shell and core, fitout by tenant 250 £1,000 £250,000
Gym shell and core, fitout by tenant 250 £1,000 £250,000
BUA 9,035 £1,350 £14,505,000
substructure / m2 £2,684 £1,450,500 10%
utilities /m2 £41 £1,450,500 10%
Contingency £1,740,600 10%
£19,146,600
professional fees and permits £5,743,980 30%
Grand Total = £24,890,580 £2,754.91
plot at 3.1 FAR 45 65 2925 2,925 £450 £1,316,250 external works per sqm
9067.5
3.0888889 £26,206,830 AED 136,275,516