Dubai’s Nakheel awards $37m contract for Dragon City Premier Inn
Al Ghurair Contracting and Engineering Works will carry out construction work on Dragon City’s second hotel
Developer Nakheel has agreed a construction contract worth AED 136 million ($37 million) with Al Ghurair Contracting and Engineering Works to build a second hotel at Dubai’s Dragon City.
With a total project value of $47.9 million, the 304-room Premier Inn will be one of 16 hotels in Nakheel’s $816.7 million hospitality portfolio. It is part of a huge new masterplan that aims to make Dragon City one of the UAE’s leading retail, residential and recreational destinations, covering more than 1 million sqm.
Scheduled for delivery in 2019, the Premier Inn Dragon City will have a restaurant, Costa Coffee shop and gym, along with its rooms. The eight-storey project will have a built-up area of 16,536sqm. It is one of two Nakheel hotels managed by the UK’s Premier Inn brand. The first is a 372 room hotel at Ibn Battuta Mall, which opened in October 2016.
The Dragon City project is a mixed-use community that comprises of 371,612sqm of retail space, a twin-tower residential complex with 1,120 apartments and two hotels with 516-rooms between them. The project is currently best known for Dragon Mart, the world’s largest Chinese trading hub outside China, which features two malls – Dragon Mart 1 and Dragon Mart 2, which opened in February 2016. Together, the malls welcome 40 million visitors annually.
Dragon City’s retail expansion includes a 34,838sqm showroom complex, which is currently under construction.
Nakheel’s expansion into the hospitality industry is bringing 16 new hotels and serviced apartment complexes, with over 5,300 rooms between them, to Dubai. Two are open and operational and last month the company awarded a construction contract for a second hotel at Ibn Battuta Mall.
