Deyaar Development is set to open its first four-star hotel at the end of this year in partnership with Millennium Hotels & Resorts at the Business Bay.
The hotel is part of a mixed-use twin tower complex that consists of The Atria (residential tower) and the Millennium Atria Business Bay (hotel apartment).
With an area of over 0.13 million sqm, the 31-storey hotel apartment is composed of 347 apartments, including studios, one, two and three-bedroom apartments, and three-bedroom duplex units. The hotel’s facilities include restaurants, a sports bar, an infinity pool, a spa, a gymnasium, a kids’ club and a cinema terrace.
The hotel apartment includes a retail area of 1021.9 sq. m, F&B outlets and fine dining restaurants of about 278.7 sqm.
Saeed Al Qatami, CEO, Deyaar, said, “The opening of the Millennium Atria Business Bay property marks our first foray into the hospitality industry, which represents the realisation of our portfolio diversification goals in line with the ambitions of the UAE’s growing economy. We feel Millennium Hotels & Resorts is a strong partner for us in this venture and look forward to the development of our relationship in the years to come.”
Commenting on the partnership, Ali Hamad Lakhraim Alzaabi, president at Millennium Hotels & Resorts Middle East & Africa, said: “It is thrilling to see that our first hospitality partnership with Deyaar Development has come into completion. We are confident that this property will deliver a unique holiday experience for business and leisure travellers alike.”
The residential tower of the development comprises of 219 units over 30 floors, including one to three-bedroom apartments, three-bedroom duplexes, and four-bedroom penthouses, for which Deyaar had started handing the keys since July 2018.