AED670 million joint venture resort takes shape at Deira Islands
Master developer Nakheel and Spain’s RIU Hotels & Resorts’ AED670 million, 800-room beachfront resort and water park is taking shape at Deira Islands, with all accommodation floors almost complete, and roofing work under way. Façade and installation work at the nine-storey property – the first international hospitality joint venture for Nakheel and the first all-inclusive 4-star family beach resort in Dubai – will begin early next year, the master developer said. Inside the property, floor tiling in the corridors and 800 rooms is ahead of schedule while outside, the resort’s three swimming pools and restaurant and amenity buildings are well under way.
Under the joint venture, Nakheel and RIU Hotels & Resorts are delivering a new hospitality concept for Dubai: 4-star, family-orientated, all-inclusive beachfront accommodation. The resort, RIU’s first in the region, is one of the emirate’s largest in terms of rooms.
Located on a prime seafront plot at Nakheel’s new, 15.3 sq km Deira Islands coastal city, the resort features seven food and beverage outlets, three pools, a fitness complex, children’s club and water park. Two major new Nakheel projects – The Night Market and Deira Mall – are nearby.
Deira Islands, where Nakheel has invested more than AED8.8 billion in infrastructure and project construction so far, will add 40km of coastline to Dubai. The development is expected to have a population of 250,000, and create 80,000 jobs.
Nakheel is a world-leading developer and a major contributor to realising the vision of Dubai for the 21st century: to create a world class destination for living, business and tourism. Nakheel continues to deliver and enhance an iconic portfolio of innovative landmark projects in Dubai across the residential, retail, hospitality and leisure sectors.
Our master developments include Palm Jumeirah, The World, Deira Islands, Jumeirah Islands, Jumeirah Village, Jumeirah Park, Jumeirah Heights, The Gardens, Discovery Gardens, Al Furjan, Warsan Village, Dragon City, International City, Jebel Ali Gardens and Nad Al Sheba. Together, these span more than 15,000 hectares and currently provide homes for over 270,000 people. Nakheel has around 25,000 residential units under construction or in the pipeline.
Nakheel’s retail arm, Nakheel Malls, is the Middle East’s largest retail developer, with 17.5 million sq ft of leasable space across 19 projects, including large-scale destination malls and souks, F&B destinations and community shopping centres. Assets include the world-famous Ibn Battuta Mall and Dragon Mart, both of which continue to undergo major expansions. Upcoming projects include Nakheel Mall on Palm Jumeirah; Deira Mall at Deira Islands; Al Khail Avenue at Jumeirah Village and more.
Our growing hospitality project portfolio comprises 18 hotels and serviced apartment developments with over 6,600 rooms and hotel apartments between them at various locations in Dubai, including Palm Jumeirah, Deira Islands, Ibn Battuta Mall, Jumeirah Village and Dragon City. Two are currently open and operational, with the rest at various stages of construction and development.
