Nakheel awards AED184.5 million construction contract for new hotel at Ibn Battuta Mall

21st March 2017

Developer continues AED3 billion hospitality expansion with another 375 rooms at key Dubai retail hub

Dubai master developer Nakheel today awarded a construction contract worth AED184.5 million for a second hotel at Ibn Battuta Mall. 

Dubai-based Parkway International Contracting LLC has been appointed to build the 375-room hotel, which has a total project value of AED240 million. It forms part of Nakheel’s AED3 billion hospitality expansion under which the developer is bringing 16 new hotels and serviced apartment complexes – with 5,300 rooms – to Dubai.

The new hotel, to be operated by Thailand’s Minor Hotel Group under its AVANI brand, complements Nakheel’s first hotel at Ibn Battuta – a 372-room Premier Inn that opened last October. 

With a built-up area of 278,000 sq ft, the 15-floor AVANI Ibn Battuta Mall features an all-day restaurant, pool, gym and car park for 135 vehicles. It is located next to the recently-opened link connecting the mall to the Dubai Metro.

The hotel is part of a large-scale, phased expansion at Ibn Battuta that will turn the already highly-popular retail hub into a sprawling mixed-use community.

Last year Nakheel opened 150 new shops and the first hotel at the mall, and last month the company Nakheel announced AED850 million-worth of new projects including a 55-floor residential tower, a 16-screen dine-in cinema complex and a 600-space car park. When complete, the complex will have 2.2 million sq ft of shop space, 810 apartments and 747 hotel rooms.

Nakheel’s 16-strong hospitality portfolio includes hotels and serviced apartment buildings – from luxury to more modest accommodation – at locations across Dubai:

Location

Type

Rooms

Partner/Operator

Status

Dragon City

Hotel

251

Accor - ibis Styles

Operational

Dragon City

Hotel

295

Whitbread - Premier Inn

Construction starting Q2 2017

Ibn Battuta Mall

Hotel

372

Whitbread - Premier Inn

Operational

Ibn Battuta Mall

Hotel

375

Minor – AVANI

Construction starting Q2 2017

Palm Jumeirah (The Palm Tower)

Hotel

289

Starwood - St Regis

Under construction

Palm Jumeirah

(Palm 360)

Hotel x 2

110 (total)

To be confirmed

Design stage

Jumeirah Village

Hotel

256

Hilton – DoubleTree (MoU)

Under construction

Deira Islands

Resort

800

JV - Nakheel/RIU

Agreement signed

Deira Islands

Resort

550

JV – Nakheel/Centara

Under construction

Deira Islands

Hotel x 4

1,000 (total)

To be confirmed

Design stage

Deira Islands

Serviced apts x 2

1,000 (total)

To be confirmed

Design stage

TOTALS

 

5,298

 

 

 

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