Baker McKenzie Advised Goldman Capital On Sale Of Radisson Blu Dubai Media City

Baker McKenzie Advised Goldman Capital on Sale of Radisson Blu Dubai Media City

Baker McKenzie has successfully advised Goldman Capital Investments LLC on the sale of Radisson Blu Hotel in Dubai Media City to Select Group, a Dubai-based real estate development and investment firm. Situated in one of the city's key media and business hubs, the hotel is a prime asset in the UAE’s hospitality sector.

Commenting on the transaction, Keri Watkins, Partner and Co-Head of the Real Estate and Hospitality Practice Group in the Middle East, said: “We are proud to begin 2025 with a landmark transaction which further underscores our deep expertise in the UAE's thriving hospitality sector. Over the years, we have represented major players in some of the most significant real estate and hospitality deals in the region, and we are delighted to have played a central role in this transaction.”

Marcos Spanos, Corporate and M&A Partner at Baker McKenzie, remarked: “We are pleased to have supported Goldman Capital with this important transaction for a premier property located in the heart of Media City. This sale highlights the thriving hospitality sector in the UAE, where investors are focusing on high-performing, prime assets in strategic locations in Dubai.”

Adding to this, Rashid Al Mutawaa, Chairman of Goldman Capital Investments LLC, commented: “We are delighted to have worked with Baker McKenzie on this high-profile transaction. Baker McKenzie's Real Estate and Hospitality team brought invaluable legal and market expertise and knowledge to this transaction, which made the sale of this prime property smooth and efficient.”

The transaction was led by Partners Keri Watkins and Marcos Spanos, with support from Haya Massoud (Senior Associate), Amir Ali (Senior Associate), Jana Al-Afoo (Associate), Anna George (Associate), Neda Bahador (Associate), and Mohammad AlZibdeh (Associate).