Los Angeles operator for 75-floor SLS Dubai Hotel & Residences tower
Construction completion has passed the 60% mark on SLS Dubai Hotel & Residences, which is due to complete in Q3 2020
Los Angeles-headquartered hospitality operator SBE, which has branded homes worth $2bn in its portfolio, will manage World of Wonders Real Estate Development's SLS Dubai Hotel & Residences tower, which is currently under construction.
The 75-storey super-tall is due to be completed in Q3 2020, and is located next to Damac Towers by Paramount Hotels & Resorts – a project that walked away with top honours at the Construction Week Awards 2018.
Construction completion of the skyscraper has passed the 60% mark. Intelligence platform ProTenders lists Gunal Mapa Construction as general contractor for the project, which it says has a value of $550m (AED2bn).
The mixed-use skyscraper will feature 254 hotel rooms, 321 hotel apartments, and 371 residential flats, according to ProTenders.
A rooftop club named 'Privilege'; a mixology lounge; and the Fi’lia and Carna restaurants will also be housed within the tower, with its 71st floor set to include a viewing deck.
Founder and chairman of World of Wonders Real Estate Development, Mehmet Nazif Gunal, said the tower become an “outstanding addition to the city’s skyline” that already features the Burj Khalifa, Museum of the Future, and the Burj Al Arab.
Sam Nazarian, founder and chief executive officer of SBE, added that “many more projects” could be launched following the company's partnership with World of Wonders Real Estate Development.