Nakheel news
News stories: 1 - 7 of 7

Construction marches ahead for US$5bn mega-resort with floating underwater spa
by Megan Whitby | 08 Jun 2020
Austrian developer Josef Kleindienst’s US$5bn mega-resort project, The Heart of Europe, in Dubai is on track to complete phase one of construction, despite COVID-19. The Heart of Europe is claimed to feature the world’s first floating underwater spa as well as 15 unique hotels and resorts spread across six islands designed to showcase European culture, heritage and lifestyle experiences through architecture, events and new technology, such as the world’s first

Waterpark and hotel planned as part of Deira Islands beach resort in Dubai
by Tom Anstey | 03 Oct 2017
Developer Nakheel and Thai hotel group Centara Hotels and Resorts have unveiled plans to open a hotel, beach resort and waterpark on Dubai’s Deira Islands. The two companies have formed a joint venture agreement for the “family-centric lifestyle destination,” which will be part of the newly-formed Deira Islands – a 15sq km (5.8sq mi) group of four reclaimed artificial islands currently under development. Set to open in 2020, the 600-bedroom

Dubai developer Nakheel reveals ambitious billion-dollar pipeline
by Kim Megson | 19 Sep 2017
Dubai developer Nakheel has unveiled a pipeline of new leisure developments across the emirate, collectively worth AED4bn (US$1.08bn, €908m, £806.8m). The company used last week’s Cityscape Global real estate convention as a platform to announce the new projects, which are all phased additions its previous leisure schemes. These include a luxury high-rise beachfront residential complex on Palm Jumeirah; a residential, mall, hotel and health resort at Discovery Gardens; a unique

Dubai developer preparing to launch leisure project worth AED3.2bn
by Kim Megson | 07 Sep 2017
Dubai development giant Nakheel is preparing to unveil a range of leisure projects worth more than AED3.2bn (US$871.2m, €727.5m, £666.9m) at the forthcoming Cityscape Global 2017 conference in the emirate. The company will launch six new residential, retail and hospitality developments for four of its communities in Dubai – including one of its its best-known locations: the tree-shaped Palm Jumeirah. Nakheel chair Ali Rashid Lootah said: “The Nakheel name is

Nakheel and Centara join forces to create four-star beachfront resort
by Rebecca Barnes | 11 Jan 2017
Dubai developer Nakheel and leading Thai hotel group Centara Hotels have signed a joint venture agreement to create a AED500m (US$136m, €129m, £112m) beachfront resort at Deira Islands in Dubai. The two companies will develop an upscale resort on a prime stretch of beach on Deira Islands – a new, 15.3sq km (5.9sq mile), world-class tourism, leisure, retail and entertainment hub that will include a spa and fitness centre. Nakheel’s

Firm appointed to oversee multi-million dollar Dubai resort and waterpark
by Kim Megson | 16 Aug 2016
Middle Eastern developer Nakheel and Spanish hospitality giant RIU Hotels & Resorts have officially kickstarted development on an 800-room resort and waterpark at Dubai’s artificial Deira Islands. Planning advisory firm Dar Al Handasah have been appointed to oversee the design, engineering and construction of the AED900m (US$268m, €219m, £190.3m) project. Nakheel and RIU signed a joint venture agreement in Palma, Mallorca, in February this year to develop an affordable family

Nakheel and RIU Hotels to partner on resort development as part of Dubai's Deira Island
by Helen Andrews | 18 May 2015
Middle Eastern developer Nakheel is moving forward with plans for the Deira Island development in Dubai, with the announcement that it will build a 750-room, four-star beachfront resort as part of the new mixed-use waterfront city. The property will be developed in partnership with Spanish RIU Hotels & Resorts, which will also act as operator. Nakheel Chairman Ali Rashid Lootah said: “This is a major milestone for our growing hospitality
News stories: 1 - 7 of 7
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