Nakheel assesses construction proposals for AED 670m resort

Mubasher: Nakheel is assessing ten proposals for the construction of its 800-room RIU beachfront resort at Deira Islands, with the lowest bid at AED 363 million, according to a statement.

The AED 670 million beachfront resort is a joint venture between Nakheel and leading Spanish hospitality group RIU Hotels & Resorts, with expectations to be delivered in 2020,

A construction contract will be awarded for the project by the end of 2017.

The resort features seven food and beverage outlets, three swimming pools, a fitness complex, children’s club and water park.

The joint venture is one of 17 projects in Nakheel’s AED 5 billion hospitality expansion programme, under which some 6,000 new rooms and hotel apartments will be delivered across Dubai.

Mubasher Contribution Time: 19-Sep-2017 13:04 (GMT)
Mubasher Last Update Time: 19-Sep-2017 13:04 (GMT)