Nakheel signs $160m deal for Dubai Deira Islands resort with Vienna House

Nakheel signs $160m deal for Dubai Deira Islands resort with Vienna House
Published: 29 April 2018 - 1:23 a.m.
By: Hotelier Middle East Staff

Dubai-based developer Nakheel has signed a new deal with Austria’s largest independent hotel chain, Vienna House, to create a $160 million, 600-room beachfront resort at Deira Islands.

Under the planned partnership, the two companies will build a beachfront holiday complex – Vienna House Deira Beach – at Deira Islands.

The planned partnership is Nakheel’s third hospitality joint venture at Deira Islands. The developer already has 1,400 rooms under way through JVs with Spain’s Riu Hotels and Resorts and Thailand’s Centara Hotels and Resorts. In total, Nakheel has more than 3,600 keys at Deira Islands through existing or upcoming joint ventures or hotel management agreements. 

Nakheel chairman, Ali Rashid Lootah, said: “We are delighted to be working with Vienna House on this new concept for Deira Islands. Our ongoing strategy is to being new, highly-reputable hospitality brands and concepts to Dubai as part of our commitment to supporting the government in realising its tourism vision. Vienna House at Deira Islands will be a shining example of how this strategy is coming to fruition.”

Rupert Simoner, CEO of Vienna International Hotelmanagement, added: “Vienna House Deira Beach will offer quality leisure experiences that are designed to offer guests authentic moments and memories. There is nothing comparable in Dubai at present. We are honoured to partner with Nakheel to create this uniquely-designed beach resort.”

Vienna House, the largest independent hotel chain in Austria, currently has more than 30 hotels across nine countries, and employees around 2,400 people.

The joint venture is one of 17 projects in Nakheel’s AED5 billion hospitality expansion programme, under which some 6,000 new rooms and hotel apartments will be delivered across Dubai in line with the Government of Dubai’s tourism vision for 2021.

Nakheel has already awarded more than AED7.5 billion worth of contracts at Deira Islands, with more on the way. 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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