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NEWS
Dubai developer preparing to launch leisure project worth AED3.2bn
POSTED 07 Sep 2017 . BY Kim Megson
The company will launch six new residential, retail and hospitality developments at four of its developments, including the world-famous Palm Jumeirah

We are focussing on growing our hospitality, retail and leasing divisions by creating a range of new hotels, resorts, F&B destinations, malls and tourists attractions across the city
– Nakheel chair Ali Rashid Lootah
Dubai development giant Nakheel is preparing to unveil a range of leisure projects worth more than AED3.2bn (US$871.2m, €727.5m, £666.9m) at the forthcoming Cityscape Global 2017 conference in the emirate.

The company will launch six new residential, retail and hospitality developments for four of its communities in Dubai – including one of its its best-known locations: the tree-shaped Palm Jumeirah.

Nakheel chair Ali Rashid Lootah said: “The Nakheel name is synonymous with current and future developments that will further enhance the city’s position as a world-leading location for living, leisure, business and tourism.

“At Cityscape, we will demonstrate our pivotal role in realising the Government of Dubai’s vision for 2021, and highlight Dubai’s unrivalled investment opportunities for investors.

“We continue to deliver and diversify in line with government goals and our own business strategy. And while development remains our core business, we are focussing on growing our hospitality, retail and leasing divisions by creating a range of new hotels, resorts, F&B destinations, malls and tourists attractions across the city.”

The developer, whose projects currently span 15,000 hectares and accommodate more than 270,000 people, already has more than AED50bn worth of projects under way in terms of infrastructure and construction costs.

Hospitality developments in the pipeline include a 5.3sq km (5.9sq mile) beachfront resort on Dubai’s Deira Islands; a waterpark and resort on the same island chain; and a St Regis hotel near Palm Jumeirah, featuring one of the world’s highest infinity pools.

It has awarded construction contracts worth AED7bn (US$1.9bn, €1.6bn, £1.4bn) so far this year, and expects the figure to exceed AED12bn (US$3.2bn, €2.7bn, £2.5bn) by the end of 2017.

Cityscape Global 2017 is billed as the world's largest networking exhibition and conference on property development. It will take place from 11-13 September at the Dubai International Convention and Exhibition Centre.
RELATED STORIES
  Nakheel and Centara join forces to create four-star beachfront resort


Dubai developer Nakheel and leading Thai hotel group Centara Hotels have signed a joint venture agreement to create a AED500 million beachfront resort at Deira Islands in Dubai.
  Firm appointed to oversee multi-million dollar Dubai resort and waterpark


Middle Eastern developer Nakheel and Spanish hospitality giant RIU Hotels & Resorts have officially kickstarted development on an 800-room resort and waterpark at Dubai’s artificial Deira Islands.
  New Dubai St Regis will have a 700ft-high swimming pool offering stunning city views


Dubai developer Nakheel has clinched a deal with Starwood Hotels & Resorts Worldwide to operate a new hotel featuring one of the world’s highest infinity pools.
  Avani Dubai set to open in 2018 on new waterfront islands


Owner and operator Minor Hotel Group, in partnership with Dubai developer Nakheel, is developing a 500-guestroom Avani hotel in Dubai, set to open in 2018.
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NEWS
Dubai developer preparing to launch leisure project worth AED3.2bn
POSTED 07 Sep 2017 . BY Kim Megson
The company will launch six new residential, retail and hospitality developments at four of its developments, including the world-famous Palm Jumeirah
We are focussing on growing our hospitality, retail and leasing divisions by creating a range of new hotels, resorts, F&B destinations, malls and tourists attractions across the city
– Nakheel chair Ali Rashid Lootah
Dubai development giant Nakheel is preparing to unveil a range of leisure projects worth more than AED3.2bn (US$871.2m, €727.5m, £666.9m) at the forthcoming Cityscape Global 2017 conference in the emirate.

The company will launch six new residential, retail and hospitality developments for four of its communities in Dubai – including one of its its best-known locations: the tree-shaped Palm Jumeirah.

Nakheel chair Ali Rashid Lootah said: “The Nakheel name is synonymous with current and future developments that will further enhance the city’s position as a world-leading location for living, leisure, business and tourism.

“At Cityscape, we will demonstrate our pivotal role in realising the Government of Dubai’s vision for 2021, and highlight Dubai’s unrivalled investment opportunities for investors.

“We continue to deliver and diversify in line with government goals and our own business strategy. And while development remains our core business, we are focussing on growing our hospitality, retail and leasing divisions by creating a range of new hotels, resorts, F&B destinations, malls and tourists attractions across the city.”

The developer, whose projects currently span 15,000 hectares and accommodate more than 270,000 people, already has more than AED50bn worth of projects under way in terms of infrastructure and construction costs.

Hospitality developments in the pipeline include a 5.3sq km (5.9sq mile) beachfront resort on Dubai’s Deira Islands; a waterpark and resort on the same island chain; and a St Regis hotel near Palm Jumeirah, featuring one of the world’s highest infinity pools.

It has awarded construction contracts worth AED7bn (US$1.9bn, €1.6bn, £1.4bn) so far this year, and expects the figure to exceed AED12bn (US$3.2bn, €2.7bn, £2.5bn) by the end of 2017.

Cityscape Global 2017 is billed as the world's largest networking exhibition and conference on property development. It will take place from 11-13 September at the Dubai International Convention and Exhibition Centre.
RELATED STORIES
Nakheel and Centara join forces to create four-star beachfront resort


Dubai developer Nakheel and leading Thai hotel group Centara Hotels have signed a joint venture agreement to create a AED500 million beachfront resort at Deira Islands in Dubai.
Firm appointed to oversee multi-million dollar Dubai resort and waterpark


Middle Eastern developer Nakheel and Spanish hospitality giant RIU Hotels & Resorts have officially kickstarted development on an 800-room resort and waterpark at Dubai’s artificial Deira Islands.
New Dubai St Regis will have a 700ft-high swimming pool offering stunning city views


Dubai developer Nakheel has clinched a deal with Starwood Hotels & Resorts Worldwide to operate a new hotel featuring one of the world’s highest infinity pools.
Avani Dubai set to open in 2018 on new waterfront islands


Owner and operator Minor Hotel Group, in partnership with Dubai developer Nakheel, is developing a 500-guestroom Avani hotel in Dubai, set to open in 2018.
MORE NEWS
Efteling to convert steam trains to electric as part of green drive
The Everyday Heritage initiative celebrates and preserves working class histories
Off the back of the success of the first round of Everyday Heritage Grants in 2022, Historic England is funding 56 creative projects that honour the heritage of working-class England.
Universal announces long-awaited details of its Epic Universe, set to open in 2025
Universal has revealed it will be adding new Harry Potter attractions, alongside Super Nintendo and How to Train Your Dragon worlds to its Florida resort.
Heartbreak for Swedish theme park, Liseberg, as fire breaks out
A fire has destroyed part of the new water world, Oceana, at Liseberg in Sweden, and a construction worker has been reported missing.
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COMPANY PROFILES
Polin Waterparks

Polin was founded in Istanbul in 1976. Polin has since grown into a leading company in the waterpa [more...]
IDEATTACK

IDEATTACK is a full-service planning and design company with headquarters in Los Angeles. [more...]
RMA Ltd

RMA Ltd is a one-stop global company that can design, build and produce from a greenfield site upw [more...]
QubicaAMF UK

QubicaAMF is the largest and most innovative bowling equipment provider with 600 employees worldwi [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

08-08 May 2024

Hospitality Design Conference

Hotel Melià , Milano , Italy
10-12 May 2024

Asia Pool & Spa Expo

China Import & Export Fair Complex, Guangzhou, China
+ More diary  
 


ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2024

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
ATTRACTIONS MANAGEMENT NEWS
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