Master developer Nakheel is assessing 10 proposals for the construction of an-800-room- beachfront resort on Deira Islands, with the lowest bid at AED 363 mn, Invest-Gate reports.
With a construction contract to be awarded by the end of 2017, the- AED 670 mn- RIU resort is set for delivery in 2020.
The project is a joint venture between Nakheel and Spanish hospitality group RIU Hotels & Resorts.
The resort will offer mid-scale, family-oriented, all-inclusive beachfront accommodation, featuring seven food and beverage outlets, three swimming pools, a fitness complex, children’s club, and water park.