Dubai-based developer Nakheel and Thai hotel group, Centara Hotels and Resorts, signed a joint venture agreement to create a 550-room, Dhs 500 million beachfront resort with waterpark on Deira Islands in Dubai.
The two companies will deliver an upscale resort on a prime stretch of beach on Deira Islands, Nakheel’s new, 15.3 sq km, world-class tourism, leisure, retail and entertainment hub that will contribute significantly to Dubai’s tourism vision.
As the first Centara establishment in the UAE, the new resort will cover an area of 295,900 sq ft. Features include a waterpark, dining facilities, business centre, children's club, spa and fitness centre. The resort is anticipated to have a soft opening in 2019 and its grand opening in 2020.