Nakheel inks JV to build Deira Islands resort

Nakheel is set to partner with Thailand’s Minor Hotel Group (MHG) to bring a new 500-room AVANI beachfront resort to its under-construction Deira Islands. 

Nakheel and MHG plan to create a quality waterside resort within easy reach of a diverse range of forthcoming attractions, which include Deira Mall and Deira Islands Night Souk.

This is the first AVANI-branded project in the UAE and the Dubai developer’s second joint venture for hotels on the Deira Islands.

In May, Nakheel confirmed a partnership with Spain’s RIU hotels & Resorts to build a 750-room resort. While, more joint ventures are currently under negotiation.

Ali Rashid Lootah, chairman for Nakheel, said: “Our partnership with Minor Hotel Group is yet another milestone for our growing hospitality business, and highlights our commitment to creating new tourism concepts in line with the Government of Dubai’s tourism vision for 2021.

“Our strategy is to join forces with serious, reputable international partners to bring a range of new hotel and resort brands to Deira Islands. We are delighted to work with Minor Hotel Group as part of this plan. Nakheel now has 1,250 new hotel rooms in the pipeline through joint ventures at Deira Islands, with more exciting partnerships under negotiation.”

Dillip Rajakarier, CEO Minor Hotel Group, added: “We are very excited to announce the launch of our AVANI brand in the UAE and to be entering into a new strategic partnership Nakheel , a respected partner with whom we plan to enjoy a fruitful ongoing relationship going forward. Deira Islands is an impressive project and we are pleased to have the opportunity to bring AVANI to this new development.”

Nakheel ‘s Deira Islands coastal city will add 40 km, including 21 km of beachfront, to Dubai’s coastline. The project paves the way for the development of hotels and serviced apartments, retail destinations, mixed-use buildings and residential waterside developments at what will become a new cultural, residential and commercial hub for the emirate.

Source and Link:  Construction Week Online