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September 20, 2021

Dubai Investments, Millennium partner for first lifestyle hotel in Mirdif

Millennium Place Mirdif Hotel will have 116 rooms and suites and 132 serviced apartments.

Diversified investment firm Dubai Investments and Millennium Hotels & Resorts Middle East and Africa have entered a partnership to open a new hotel in Mirdif, Dubai, UAE.

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The first lifestyle Millennium Place Mirdif hotel is located within Mirdif Hills project, a mixed-use, gated community developed by Dubai Investments’ subsidiary Dubai Investments Real Estate (DIR).

DIR general manager Obaid Mohammed Al Salami said: “As we are developing this new community of Mirdif Hills, we are aiming to showcase Mirdif’s expansive and green nature, providing a lasting impression as an ideal area for living.

“This requires a hospitality partner that shares our vision and mission, hence we partnered with Millennium Hotels & Resorts Middle East & Africa, a regional hospitality leader that understands the needs of our targeted audience and a partner we trust in exceeding our expectations.”

The new four-star hotel will feature 116 rooms and suites and 132 serviced apartments. It also boasts a gym, spa, and meeting space that can be used for several purposes.

In addition, Millennium Place Mirdif Hotel offers a range of dining venues that include Australian restaurant Hunter & Barrel, “The Lebanese-Armenian Restaurant”, Batchig; the rooftop pool bar, B Social, Habanos Cigar Lounge & Bar, and The Urban Bar.

Millennium Place Mirdif Hotel general manager Bassam Bou Sleiman said: “As part of the ongoing development of projects in Dubai as we gear up for Dubai Expo 2020, we feel that we are part of the process and our hotel will be ready to welcome all the visitors who want to experience the splendour that Dubai will no doubt be showering its guests with next October.”

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Free Report
img

How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

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