Dubai – Mubasher: Nakheel announced on Wednesday awarding an AED 136 million construction contract to Al Ghurair Contracting and Engineering Works LLC for its second hotel in Dubai’s Dragon City.
The project valued at AED 176 million, boasts a 304-room Premier Inn and is one of 16 hotels in Nakheel’s AED 3 billion hospitality portfolio, according to a statement.
The new hotel is “part of a huge new master plan that is transforming Dragon City into a giant retail, residential, and recreational complex of more than 11 million square feet,” Nakheel highlighted.
Slated for delivery in 2019, Premier Inn Dragon City will span 178,000 square feet in built-up area, over eight floors. It will also have a restaurant, coffee shop, and gym.
The new hotel is one of two Nakheel hotels managed by the UK’s Premier Inn. The first, a 372-room hotel at Ibn Battuta Mall, opened in October 2016, the statement showed.
“Nakheel’s expanding Dragon City mixed-use community comprises four million square feet of retail space, a twin-tower residential complex with 1,120 apartments, and two hotels with 516 rooms between them,” the Dubai-based developer revealed.
It added that Dragon City is known for its “Dragon Mart – the world’s largest Chinese trading hub outside China – featuring the globally-renowned Dragon Mart 1 and its sister mall, Dragon Mart 2, which opened in February last year. The two malls welcome 40 million visitors a year.”
