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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
Expo 2030 Riyadh will create a permanent global destination
Expo 2030 Riyadh is being planned as a permanent visitor destination, with organisers confirming the six-million-square-metre site will become a Global Village after the event closes.
Australian waterpark acquisition creates new leisure attractions group
The owner of one of Australia's best-known waterparks has acquired a major competitor, creating a new attractions business spanning two of the country's largest visitor destinations.
London Museum reveals 2026 opening date for new Smithfield home
The London Museum’s new site will open in Smithfield, East London, on 28 November 2026.
Toverland unveils €98m expansion plan as park prepares to launch resort development
The Toverland theme park in the Netherlands has announced a €98m expansion programme that will add a resort, new attractions and staff facilities as it pursues plans to become a multi- day destination.
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Vekoma Rides Manufacturing B.V.

Vekoma Rides has a large variety of coasters and attractions. [more...]
Painting With Light

By combining lighting, video, scenic and architectural elements, sound and special effects we tell s [more...]
Sally Corporation

Our services include: Dark ride design & build; Redevelopment of existing attractions; High-quality [more...]
Holovis

Holovis is a privately owned company established in 2004 by CEO Stuart Hetherington. [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

23-26 Aug 2026

Elevate Spa Riviera Maya Edition

The Riviera Maya Edition Kanai, Playa del Carmen, Mexico
29 Sep - 02 Oct 2026

Synergy - The Retreat Show

Pical Resort, Valamar Collection, Porec, Croatia
+ More diary  
 


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