Construction

Nakheel releases tender for $182m RIU resort in Dubai

Deira Islands resort and water park is expected to be delivered in Q4 2019

Nakheel

Nakheel, the Dubai-based real estate developer, has released a construction tender for an 800-room beachfront resort and water park at Deira Islands.

Developed as a joint venture between Nakheel and the Spanish hospitality group RIU Hotels and Resorts, the project has an investment value of $182.4 million. The resort is also RIU’s first in the Middle East and it will be one of the biggest in Dubai in terms of hotel rooms. It is set for delivery in Q4 2019.

The RIU resort on DIU Islands will aim to bring a new hospitality concept to Dubai, Nakheel said in a statement. It will offer mid-scale, family-oriented, all-inclusive beachfront accommodation to its guests.

Located on a beachfront plot in the 15.3sqkm Deira Islands coastal city, the resort will feature seven F&B outlets, three swimming pools, a fitness complex, children’s club and a water park. A number of new attractions, such as Deira Mall, Deira Islands Night Souk and Deira Boulevard, are nearby, the statement added.

The JV is one of 18 projects in Nakheel’s $1.36 billion hospitality expansion programme, which is set to deliver 5,800 new hotel rooms and apartments, in line with the government of Dubai’s tourism vision 2021.

Nakheel has already awarded over $1.90 billion worth of contracts at Deira Islands, with more in the pipeline. The waterfront city, which is expected to have a population of 250,000 and to create 80,000 jobs, will add 40km of coastline, including 21km of beach, to Dubai.

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