Nakheel Properties, the leading UAE-based real estate developer, has recently announced that its plan to develop Vienna House Deira Beach project, a 600-key beachfront resort, in partnership with Austrian Hotel Chain.
In his comment on the announcement, Ali Rashid Lootah, the chairman of Nakheel Properties explained that Nakheel’s current focus and strategy is to introduce new world-class brands to Dubai to help achieve its vision of supporting the emirate’s government in making Dubai the top tourist and entertainment hub in the world.
Lootah added that the new Vienna House Deira Beach project will be a perfect example to reflect how successful this strategy is.
Vienna House Deira Beach will be the developer’s third joint venture in the hospitality sector for Deira Island. The first two projects will see the development of 1400 hotel rooms in partnership with the Spain-based Riu Hotels and Resorts and the Thailand-based Centara Hotels and Resorts.
Upon its completion, Deira Islands will expand Dubai’s coastline by 40 kilometers. Nakheel Properties is planning to develop a total of 3,600 rooms on Deira Islands through both the existing and the upcoming joint ventures.