Thailand’s Centara to manage property on Deira Islands
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Dubai developer Nakheel has signed a joint venture agreement with Thailand-based Centara Hotels and Resorts for a 550-room beachfront resort at Deira Islands, the offshore manmade archipelago currently under construction.
Under the agreement, the two companies will develop the upscale resort – Centara’s first in the UAE – featuring a waterpark, dining facilities, business centre, kids’ club, spa and fitness centre.
The resort’s soft opening is mooted for 2019 with a grand opening to follow in 2020, Nakheel said in a statement.
“Our joint venture with Centara cements our commitment to partnering with successful, reputable international hotel brands to bring new tourism concepts to Dubai in line with the government of Dubai’s tourism vision,” said Nakheel chairman Ali Rashid Lootah.
Deira Islands, a 15.3-square-km tourism, leisure, retail and entertainment destination, will add 40 km, including 21 km of beach, to Dubai’s coastline.
Nakheel has already invested more than AED3 billion in infrastructure work, coastal works and design services and recently completed a AED150 million access bridge to the islands.
The developer has also signed a joint venture with Spain’s RIU Hotels & Resorts for an 800-room all-inclusive resort and waterpark on Deira Islands.
It is also building a 500-room Avani-branded beachfront resort in collaboration with the Minor Hotel Group.
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