Tag Archives: Nakheel

Jumeirah Islands Pavilion was inaugurated by Nakheel Chairman Ali Rashid Lootah, is the fifth community retail centre in Nakheel Malls’ growing collection of neighbourhood shopping and dining hubs across Dubai. It will serve 8,000 residents at Jumeirah Islands and provide a new destination for people living and working nearby.  Set among lush gardens and greenery, the Pavilion is flanked by a 1.1 km waterside jogging track. The anchor outlet, Choithrams, is complemented by a range of cafes and restaurants including Oregano, Nando’s and The Hamptons. There’s also a Round 10 Boxing Club, medical clinic, beauty salon, barber’s shop, pharmacy, and dry cleaners. Delivery of the Pavilion – which has 30,000 sq ft of shop space – comes as handover of homes at the premium residential community is in full swing. So far, 25 properties have been handed over, with the remaining investors due to collect their keys shortly. The Townhouses and Pavilion are located on the north-western side of Jumeirah Islands, one of Nakheel’s most mature residential communities and among the most sought-after in Dubai. Comprising 46 islands, known as ‘clusters’, Jumeirah Islands has 767 luxury villas and mansions, as well as mosques, nurseries and the Jumeirah Islands Club featuring restaurants, a pool and fitness centre. Complementing the villas are 246 luxury duplex apartments at Jumeirah Heights. The villas, apartments and townhomes that make up Jumeirah Islands are home to more than 8,000 people. Nakheel Chairman Ali Rashid Lootah said: “Today marks the delivery of Pavilion number five in our growing collection of community centres, which are key to our AED16 billion retail expansion.With its picturesque setting and spacious grounds, this new facility blends perfectly with Jumeirah Islands’ overall look …

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 …

Dubai-based developer Nakheel and Thailand’s Minor Hotels have signed a management agreement for a new 372-room AVANI hotel to be constructed at Ibn Battuta Mall. Under the agreement, signed in Bangkok by Nakheel Chairman Ali Rashid Lootah and William E. Heinecke, Founder, Chairman and CEO, Minor International, the hotel will be managed under the vibrant AVANI Hotels & Resorts brand, which offers guests relaxed comfort and contemporary style in city and resort destinations. The 18-storey hotel is the second Nakheel hotel at Ibn Battuta and one of 16 in the developer’s hospitality project portfolio. Adjacent to the recently-opened Ibn Battuta Metro Link, which is directly connected to the mall, the hotel will feature a pool, spa, gym, all-day dining restaurant, coffee shop and parking. Minor Hotels’ portfolio currently comprises more than 20,000 rooms across 156 hotels, resorts and serviced suites in 24 countries under the Anantara, AVANI, PER AQUUM, Oaks, Tivoli, Elewana, Four Seasons, Marriott, St Regis, Radisson Blu and Minor International brands. Nakheel Chairman Ali Rashid Lootah said: “Today marks yet another key milestone in our commitment to enhancing and diversifying Dubai’s hotel offering by bringing new, reputable international hospitality brands to the emirate in line with the Government’s vision. We are delighted to welcome Minor and the AVANI brand to Ibn Battuta Mall, which, with over 20 million visitors a year, is one of Dubai’s leading tourist destinations.” William E. Heinecke commented: “We are very pleased to be partnering with Nakheel for the new AVANI hotel at Ibn Battuta Mall in Dubai. Having launched our upscale AVANI brand in the region last year, we are delighted to continue the brand’s expansion in the UAE with this new hotel …

UAE developer Nakheel and Thai hotel group Centara Hotels and Resorts have signed a joined venture agreement to create a 550-room, AED500 million beachfront resort with waterpark at Deira Islands in Dubai. Under the agreement, cemented in Bangkok by Nakheel Chairman Ali Rashid Lootah and Centara Chairman Suthikiati Chirathivat, the two companies will deliver an upscale resort on a prime stretch of beach on Deira Islands – Nakheel’s new, 15.3 sq km, world-class tourism, leisure, retail and entertainment hub that will contribute significantly to the Government of Dubai’s tourism vision. Nakheel’s joint venture with Centara is the latest development in the company’s aggressive expansion into Dubai’s hospitality sector and its second international joint venture for Deira Islands. The first, an 800-room, AED900 million all-inclusive resort and waterpark with Spain’s RIU Hotels & Resorts, was confirmed in February last year. As the first Centara establishment in the UAE, the new resort will cover an area of 295,900 sq ft. Features include a waterpark, dining facilities, business centre, kids’ club, spa and fitness centre. The resort is anticipated to have soft opening in 2019 and grand opening in 2020. Centara Hotels & Resorts is part of Central Group, one of Thailand’s most prominent family-owned conglomerate holding companies that is involved in merchandising, real estate, retailing, hospitality and restaurants. Centara’ s portfolio currently includes around 14,000 room keys across 65 hotels and resorts under six distinctive brands in Asia, Indian Ocean, and the Middle East.

Nakheel and Spanish hospitality group RIU Hotels & Resorts (RIU) have 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.  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. A construction tender is expected to be released by the end of 2016, with anticipated completion in Q3 2019. 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.

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.