Nakheel and RIU Hotels & Resorts start development of AED900 million beachfront resort at Deira Islands
Joint venture appoints Dar Al Handasah consultants for 800-room hotel and waterpark in Dubai
Dubai, 14 August 2016 … Nakheel and Spanish hospitality giant, RIU Hotels & Resorts (RIU), today commenced the development of their AED900 million, 800-room joint venture resort and waterpark at Dubai’s Deira Islands.
The partners have appointed international consultants Dar Al Handasah to oversee design, engineering and construction supervision of resort – the first all-inclusive 4-star concept in Dubai and RIU’s first property in the GCC.
Nakheel and RIU signed their joint venture agreement in Palma, Mallorca, in February this year. A construction tender is expected to be released by the end of 2016, with anticipated completion in Q3 2019.
Set on a 3.4 million square foot plot at Deira Islands, the sprawling resort – one of the biggest in Dubai in terms of rooms – will boast four swimming pools, a kids’ club, spa and fitness centre. Dining facilities include an all-day restaurant, a speciality restaurant, four beach eateries and an evening dining area with a stage for live shows and entertainment. There will also be a waterpark occupying 10 per cent of the overall area.
The new resort represents a significant step forward in creating a new range of affordable, family resort-style hotel accommodation in line with the Government of Dubai’s tourism vision for 2021.
RIU has more than 100 hotels, with around 45,000 rooms between them, in 19 countries. Together, these welcome over four million guests a year. RIU is one of the Caribbean’s most popular hotel chains and Spain’s largest in terms of revenue.
Infrastructure and coastal works are well under way at Deira Islands, which will add 40 km, including 21 km of beachfront, to Dubai’s coastline. Nakheel is also developing Deira Mall and Deira Islands Night Souk, among other new attractions at the 15.3 sq km waterfront development.
Nakheel has previously engaged Dar Al Handasah on a number of other existing and upcoming projects in Dubai, including the recently opened Dragon Mart 2 and Ibn Battuta Mall extension and Al Khail Avenue at Jumeirah Village Triangle.
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Media contact: Rebecca Rees on +9714 375 9702 ()
About Nakheel (www.nakheel.com)
Nakheel is one of the world’s leading developers and a major contributor to realising the vision of Dubai for the 21st century: creating a world class destination for living, business and tourism. Nakheel continues to deliver and enhance an iconic portfolio of innovative landmark projects in Dubai across the residential, retail, hospitality and leisure sectors.
Our master developments include Palm Jumeirah, The World, Deira Islands, Jumeirah Islands, Jumeirah Village, Jumeirah Park, Jumeirah Heights, The Gardens, Discovery Gardens, Al Furjan, Warsan Village, Dragon City, International City, Jebel Ali Gardens and Nad Al Sheba Community. Together, these span more than 15,000 hectares and currently provide homes for over 270,000 people. Nakheel has nearly 21,000 residential units under construction or in the pipeline.
Nakheel’s current and future retail project portfolio covers more than 15 million square feet of leasable space. Retail destination developments include Ibn Battuta Mall, Dragon Mart 1 and 2, Nakheel Mall, The Pointe, The Golden Mile, Deira Mall, Deira Islands Night Souk, Warsan Souk, Al Khail Avenue, The Circle Mall and major extensions to Dragon Mart (renamed Dragon City) and Ibn Battuta Mall. Nakheel also has several neighbourhood community centres in operation or under development.
Our growing hospitality project portfolio comprises 10 hotels at various locations in Dubai, including Palm Jumeirah, Deira Islands, Ibn Battuta Mall and Dragon City.