Links with Palm Monorail, Al Ittihad Park will also be provided
Nakheel will develop a residential complex at Palm Jumeirah, with construction slated to commence this year on the hotel, which will directly be linked with the Nakheel Mall. Construction of the ‘Palm Tower’ is due completion in 2016.
The Palm Tower will also have direct bridge access to Club Vista Mare, one of Nakheel’s new beach club complexes on the island, as well as to Al Ittihad Park and the Palm Monorail, which will be connected to the new Dubai Tram system.
The residential complex includes 504 apartments and a luxury hotel, which will be managed by Shangri-La; the hotel will occupy the first 18 floors of the buildings with its 290 rooms and suites. Additional facilities to be constructed for the development include a 360° swimming pool on the rooftop complex’s 50th floor. A public viewing deck will be built on the 52nd level.
“The Palm Tower will be our flagship hotel and the ultimate address on Palm Jumeirah,” said Nakheel chairman Ali Rashid Lootah. “We are delighted to bring Shangri-La and its world-renowned service and hospitality to what will be the new centrepiece of Palm Jumeirah and a stunning new landmark for Dubai.”
Construction on Nakheel Mall is also expected to commence “soon,” with a contract worth $326.6 million already awarded to UAE-based contracting firms United Engineering Construction (UNEC) and Atco General Contracting Company in May 2014.