Jumeirah chosen to operate US $1B mixed-use tower
The management contract includes 290 residences, 350 serviced apartments and a 200-key hotel,
Property investor RP Global has appointed Jumeirah Group to operate Jumeirah Business Bay within the tower, which will have a built-up area of over three million square feet.
Jumeirah’s management contract includes 290 residences, 350 serviced apartments and a 200-key hotel, as well as Talise Spa and Health Club, MICE facilities, a rootop bar and multiple F&B options. It will also feature sky attraction, described as a “dynamic interactive experience” which will take visitors high over neighbouring towers.
Gerald Lawless, President and Group CEO, Jumeirah Group, said: “RP Global is a company committed to excellence, and we look forward to working together and operating this outstanding property. Jumeirah has a reputation for luxury and exceptional hospitality, and our partnership reflects the strong synergies between Jumeirah Group and RP Global.”
The tower, located in Business Bay, features designs by world renowned architectural and engineering firm, Atkins Global, which also designed the world-famous Burj Al Arab Jumeirah.
No completion date has been set, with a press release saying vaguely that it will be opened “before Expo 2020”.
Dr. Ravi Pillai, chairman, RP Group of Companies, said: “RP Global is committed to superior quality and timely delivery and like the Jumeirah Group, we strive to create well designed, innovative lifestyle concepts for our buyers. Dubai’s resident population is growing rapidly and we are looking forward to adding an iconic tower to Dubai’s skyline in partnership with Jumeirah.”
Jumeirah Group currently operates 23 hotels in Europe, the Middle East and Asia, and has a further 25 properties in pipeline.
RP Global is the real estate development company of RP Group of Companies, a conglomerate which has executed projects worth over US$25 billion globally.