Nakheel’s second hotel at Dragon City – a 304-room Premier Inn – is now open, marking another key milestone in the developer’s hospitality business strategy. Premier Inn Dragon City, located just steps away from the world-famous Dragon Mart and its 5,000 shops, restaurants and attractions, was officially opened on December 12 by Ali Rashid Lootah, Chairman of Nakheel and Alison Brittain, Chief Executive Officer of Whitbread, the UK’s largest hospitality company and owner of the Premier Inn brand. The eight-storey hotel features a 320-seater restaurant, a Costa Coffee shop, a fully-equipped gym and meeting facilities. It is the fourth Nakheel hotel to be delivered, coming hot on the heels of the inauguration last week of its second hotel at Ibn Battuta Mall. Premier Inn also operates Nakheel’s first hotel at Ibn Battuta, opened in 2016. Ali Rashid Lootah said, “Today marks another milestone for Nakheel, Dragon City and Dubai as we deliver the fourth hotel in our hospitality project portfolio, and the second at this globally-renowned destination. We are confident that this new hotel will be a big hit with Dragon City’s 40 million annual visitors, who come from the UAE, GCC and beyond to shop and trade at this world-famous destination.” Brittain said, “Having been part of the UAE hospitality landscape for more than a decade, it’s a true testament to the quality of Premier Inn that we are able to open our eighth hotel in the region. Our hotel at Dragon City marks the second in our strategic partnership with Nakheel, following the successful launch of Premier Inn Ibn Battuta Mall in 2016.”
Read More »Nakheel breaks ground on AED176 million hotel at Dragon City
Dubai developer Nakheel broke ground on a new, AED176 million hotel at Dragon City. The Premier Inn is Nakheel’s second hotel at Dragon City. The ground-breaking ceremony, led by Nakheel Chairman Ali Rashid Lootah, comes less than two weeks after the company awarded a contract worth AED136 million to Al Ghurair Contracting and Engineering Works to build the 304-room hotel. Nakheel’s first hotel, a 251-room ibis Styles hotel, opened in February 2016. Set for delivery in 2019, Premier Inn Dragon City is the latest project in Nakheel’s AED5 billion hospitality expansion. Last week, the company confirmed new hotels at Jumeirah Village Circle and Discovery Gardens, bringing its number of hospitality projects to 18. Lootah said: “Today marks another milestone in our hospitality expansion, and highlights our commitment to delivering new hotels across Dubai in line with the Government of Dubai’s 2021 vision. I am delighted to declare that work is officially under way at Premier Inn Dragon City, and to further reinforce our already highly-successful relationship with Whitbread through this latest partnership.” Premier Inn Dragon City is part of a huge new master plan that is transforming the area into a giant retail, residential and recreational complex of more than 11 million square feet.With a built-up area of 178,000 sq ft across eight floors, the hotel will have a restaurant, Costa coffee shop and gym. Nakheel’s hospitality expansion is bringing 18 new hotels and serviced apartment complexes, with over 5,800 rooms between them, to Dubai.
Read More »Nakheel to develop second hotel at Dubai’s Dragon City
Real estate developer Nakheel’s signed a construction contract worth Dh136 million ($37 million) with Al Ghurair Contracting and Engineering Works for its second hotel at Dubai’s Dragon City. With a total project value of Dh176 million ($48 million), the 304-room Premier Inn is one of 16 hotels in Nakheel’s Dh3 billion hospitality portfolio and part of a huge new master plan that is transforming Dragon City into a giant retail, residential and recreational complex of more than 11 million sq ft, said a statement. Set for delivery in 2019, Premier Inn Dragon City will have a restaurant, Costa Coffee shop and gym. The hotel will span 178,000 sq ft in built-up area, over eight floors. Premier Inn Dragon City is one of two Nakheel hotels managed by the UK’s Premier Inn. The first, a 372-room hotel at Ibn Battuta Mall, opened last October. Nakheel’s expanding Dragon City mixed-use community comprises four million sq ft of retail space, a twin-tower residential complex with 1,120 apartments and two hotels with 516 rooms between them. It is currently best known for Dragon Mart – the world’s largest Chinese trading hub outside China – featuring the globally-renowned Dragon Mart 1 and its sister mall, Dragon Mart 2, which opened in February last year. The two malls welcome 40 million visitors a year. Dragon City’s retail expansion includes a 375,000 sq ft showroom complex, currently under construction. Nakheel’s expansion into the hospitality industry is bringing 16 new hotels and serviced apartment complexes, with over 5,300 rooms between them, to Dubai. Two are open and operational and last month the company awarded a construction contract for a second hotel at Ibn Battuta Mall. Others are at …
Read More »670 rooms to be added to Dragon City and Ibn Battuta Mall
Dubai-based developer Nakheel released construction tenders for new hotels at Dragon City and Ibn Battuta Mall, adding another 670 rooms to its rapidly-growing hospitality portfolio. Nakheel will build a 295-room hotel at Dragon City, home of the world-famous Dragon Mart retail and trading hub, featuring the one million square foot Dragon Mart 2 shopping, dining and entertainment complex, which opened in February. The developer will also create a 15-storey, 375-room hotel at Ibn Battuta Mall, where a 300,000 sq ft extension opened in May. The 3-star hotels are due for completion in 2018; complement existing hotels at the two retail hubs, where further major expansions continue. Nakheel opened a 251-room Accor-operated ibis Styles hotel at Dragon Mart 2 in February, while its 372-room Premier Inn at Ibn Battuta will open in Q4 this year. With a built-up area of over 180,000 sq ft, the new Dragon City hotel will feature a restaurant, coffee shop and gym, while the 280,000 sq ft establishment at Ibn Battuta, located by the Metro entrance, will have an all-day restaurant, gym and pool deck. The Dragon City expansion comprises a 2.2 million sq ft retail component, two residential towers containing 1,120 apartments and a multi-story car park with 6,200 spaces. Once complete, it will bring the size of Dragon City to more than 11 million sq ft. Ibn Battuta’s 4.7 million sq ft expansion features a one million sq ft mall with glass-covered courtyard, a new cinema complex and a 7,000-space multi-storey car park. Nakheel also has hotels under development at Palm Jumeirah and Deira Islands, with more in the pipeline.
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