Dubai based Nakheel has started developing its beach front Deira Resort with Spain’s RIU, at a cost of AED 900 million, Gulf Business reported.
The joint venture collaboration has assigned international consultants to supervise the construction work, engineering, and design of the resort.
Part of the construction work is expected to be completed by the end of this year, while the whole project is expected to be finalized in the third quarter of 2019, Trade Arabia reported.
The resort is made up of 800 rooms and a water park, which will occupy 10% of the total land area. It will include various amenities, such as swimming pools, a children’s club, spa and fitness center, restaurants on the beach, and a dining area hosting entertainment segments.
Deira Islands is considered the Spanish company’s first project in the GCC.
The project will included 21 kilometers of beachfront on Dubai’s coastline when completed, in addition to a mall, a market with 5,300 shops, a marina, and an amphitheater with a capacity of 30,000 people.
Nakheel is also collaborating with The Minor Hotel Group in Deira Islands to develop a 500-room Avani-branded beachfront resort as a future development.