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Dubai developer preparing to launch leisure project worth AED3.2bn
POSTED 07 Sep 2017 . BY Kim Megson
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.
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Jobs . News . Products . Magazine
NEWS
Dubai developer preparing to launch leisure project worth AED3.2bn
POSTED 07 Sep 2017 . BY Kim Megson
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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World Animal Protection report accuses accredited zoos of animal cruelty
Zoos and aquariums associations have criticised a report by World Animal Protection (WAP) which claims to have identified numerous examples around the world of wild animals being used in cruel and demeaning ways in the name of visitor entertainment.
New York flagship announced for Museum of Ice Cream as operator plans international expansion
The Museum of Ice Cream (MOIC) has announced plans to open several new locations, both in the US and internationally over the next 18 months, starting with its first New York City flagship in Q4 2019.
New visitor centre to be developed at Auschwitz-Birkenau following US$5.5m donation
A donation of US$5.5m (€4.96m, £4.55m) will go towards the development of a new visitor services centre at the Auschwitz-Birkenau Memorial – the museum located on the site of the World War Two Nazi concentration camp in Poland.
Kings Dominion unveils new water attractions for 2020
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COMPANY PROFILE
WhiteWater

WhiteWater was born in 1980 to create places where families unite and make joyful lasting memories [more...]
+ More profiles  
FEATURED SUPPLIER

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The Euro Attractions Show has been rebranded as the IAAPA Expo Europe ahead of this year's event at the Paris Expo Porte de Versailles exhibition centre. [more...]
VIDEO GALLERY

Red Raion Showreel 2018
Red Raion is the CGI studio specialized in media based attraction. Find out more...
More videos:
Experience the experience – Polin Waterparks & Pool Systems
Jurassic War - Immersive tunnel movie trailer – Red Raion
Introducing AnimaChat! – Animalive
+ More videos  

CATALOGUE GALLERY
 

+ More catalogues  
DIRECTORY
+ More directory  
DIARY

16-19 Sep 2019

IAAPA Expo Europe 2019

Paris Expo Porte de Versailles, Paris, France
21-24 Sep 2019

ASTC 2019 Annual Conference

Ontario Science Centre, Toronto, Canada
+ More diary  
 


ADVERTISE . CONTACT US

Leisure Media, Portmill House, Portmill Lane,
Hitchin, Hertfordshire SG5 1DJ Tel: +44 (0)1462 431385

©Cybertrek 2019

ABOUT LEISURE MEDIA
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