The estimated AED1.5bn ($409m) project will be built on two adjacent sites.
It will involve the construction of a hotel with 380 rooms on the first site, along with seven residential buildings with 250 apartments, parking areas, and 32 villas. The second site will have 75 luxury villas together with a clubhouse and sports facilities.
The total built-up area is about 200,000 square metres.
The project manager is South Africa's Mirage Mille. Australia's Woods Bagot is the concept architect. US-based Starwood Hotels & Resorts Worldwide will manage the hotel (MEED 17:3:08).
You might also like...
Rainmaking in the world economy
19 April 2024
Oman receives Madha industrial city tender prices
19 April 2024
Neom seeks to raise funds in $1.3bn sukuk sale
19 April 2024
Saudi firm advances Neutral Zone real estate plans
19 April 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.