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Shangri-La to manage hotel in The Palm Tower

Nakheel signs up company for Palm Jumeirah development

NEWS, Business, NAKHEEL, Palm Jumeirah, Shangri-La Hotels and Resorts, The Palm Tower

Nakheel has signed a Letter of Intent (LoI) with Hong Kong-based Shangri-La Hotels and Resorts for the management of its luxury hotel in The Palm Tower.

The five star, 53-level hotel and residential complex is to be constructed at the heart of Dubai’s Palm Jumeirah.

The Palm Tower comprises 504 high-end, furnished apartments and a luxury hotel, with 290-rooms and suites, occupying the first 18 floors of the building.

The landmark project will feature an array of top-flight facilities including a rooftop leisure and dining complex offering panoramic, uninterrupted views of Palm Jumeirah, the Arabian Gulf and the Dubai skyline.

The rooftop complex includes a 50th floor, 360 degree infinity swimming pool – the highest in Dubai – bordering all four sides of the building. Above the pool is an enclosed restaurant and function facility, topped by a public viewing deck on the 52nd level.

Nakheel chairman, Ali Rashid Lootah, said: “Palm Jumeirah is synonymous with luxury living and leisure. Our new partnership with Shangri-La further reinforces the island’s position as a global destination offering unrivalled, world-class facilities for Dubai’s residents and tourists.

“The Palm Tower will be our flagship hotel and the ultimate address on Palm Jumeirah. We are delighted to bring Shangri-La and its world-renowned service and hospitality to what will be the new centrepiece of Palm Jumeirah and a stunning new landmark for Dubai.”

Greg Dogan, Shangri-La President and CEO, added: “The Palm Tower’s strategic position at the heart of The Palm and alongside the Nakheel Mall makes the hotel the ideal location for anyone visiting Palm Jumeirah.

“The island is the ultimate address for a luxurious stay in Dubai for both visitors and UAE residents, and we are thrilled to partner with Nakheel to open a Shangri-La hotel in this must-visit destination.”

The Palm Tower, on which construction is due to start this year, will be directly linked to Nakheel Mall, a new, 418,000m2 retail and entertainment destination with 300 shops and a diverse range of food and beverage outlets, including 12 fine dining restaurants on its roof terrace, as well as cinemas, a medical centre and fitness centre.

Nakheel has awarded a contract for AED1.2bn ($326mn) for the mall’s construction, which is expected to start soon.

The Palm Tower will also have direct bridge access to Club Vista Mare, one of Nakheel’s new beach club complexes on the island, as well as to Al Ittihad Park and the Palm Monorail, which will be connected to the new Dubai Tram system.

Shangri-La is the latest high-end hospitality brand to come to Palm Jumeirah, where nine luxury resorts are already open, with more under construction.

The island’s growing list of global hotel operators includes Atlantis, One&Only, Fairmont, Sofitel, Jumeirah, Anantara, Kempinski, Taj, Waldorf Astoria, Rixos and The Langham.

The Palm Tower, the flagship project under the Nakheel’s expansion into the hospitality and leisure sector, is one of nine hotels in the pipeline for Nakheel. The developer’s first hotel at Dragon Mart (managed by Accor) is due to open this year. Other locations include Ibn Battuta (managed by UK-based Premier Inn), International City and Nakheel’s new waterfront city, Deira Islands.

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Construction Week - Issue 745
Jun 30, 2019