Nakheel and Spanish hospitality group RIU Hotels and Resorts have released a construction tender for an 800-room beachfront resort and water park on Nakheel’s Deira Islands.
The resort, with an investment value of Dh670 million, is due for delivery in the fourth quarter of 2019, Nakheel said in a statement on Tuesday.
It’s intended as a mid-scale, family-oriented, all-inclusive destination, and will feature seven F&B outlets, three swimming pools, a fitness complex, children’s club and water park.
Nakheel has already awarded more than Dh7 billion worth of contracts at Deira Islands. Planned attractions close to the RIU resort include Deira Mall, Deira Islands Night Souk and Deira Boulevard.
The joint venture forms part of Nakheel’s Dh5 billion hospitality expansion programme, due to deliver 5,800 new hotel rooms and apartments in line with Dubai Government’s tourism targets for 2021.
RIU, Spain’s second largest tourism chain by revenues, operates nearly 100 hotels, with around 45,000 rooms between them, in 19 countries.
Deira Islands, which a projected population of 250,000, is expected to create 80,000 jobs. It will add 40km of coastline to Dubai, including 20km of beaches.
For information on the real estate sector within the UAE, please visit our sister site, getthat.com.