Dubai-based real estate investment company SKAI Holdings has unveiled plans to build an AED1.2bn ($326.9m) four-star hotel in Dubai’s Jumeirah Village Circle district.

Construction of the new property, Suites in the SKAI, will commence in September with operations due to commence in 2017.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

SKAI launched the project in June and had already pre-sold all the available hotel rooms and serviced apartments in the 60-storey tower, raising $252.4mn (AED927mn) in the process.

The remaining food and beverage outlets, meeting rooms, a spa and retail units will be retained by SKAI Holdings.

The hotel will comprise 234 hotel rooms, 234 one- and two-bedroom apartments and 33 penthouses.

See Also:

"SKAI Holdings’ strategy is to build high-quality hotels in several key locations in Dubai that will cater to the growing demand for tourism in the Emirate."

It will also feature balcony-gardens and 271 sky-high swimming pools.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

China State Construction Engineering Corporation (Middle East) has been appointed as the main contractor for the project.

Overall, the 60-storey tower will contain five dining venues, a sports bar, lobby cafe, pool bar and grill and a rooftop Chinese restaurant. The project also features a supermarket located on the podium level.

Atkins has been appointed lead consultant and architect while Tokyo-based Nao Taniyama will design the interiors and Australia’s Topo Design Studio will provide the landscaping services.

SKAI Holdings’ group CEO Kabir Mulchandani said: "SKAI Holdings’ strategy is to build high-quality hotels in several key locations in Dubai that will cater to the growing demand for tourism in the Emirate."