Dubai: More mega-projects
Issue 978
- 03 Oct 2014
| 3 minute read
The Dubai government’s investment arm, the Investment Corporation of Dubai (ICD), announced another major project on 22 September, teaming up with Kerzner International (which it part owns) to build a $1.4bn resort on The Palm. The Royal Atlantis Resort will be 46 storeys high, and aims to “allow guests to feel that they are literally floating between the sky and sea”; it will include 800 guest rooms and suites, while the wider resort expansion will have 250 luxury residences. The plans are predictably flashy.
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