Dubai-based real estate development company Meraas Holding on Tuesday signed an agreement with Bulgari Hotels and Resorts to bring the luxury hospitality brand to Dubai.
The Bulgari Hotel in Dubai will be the world’s fifth Bulgari Hotels and Resorts property and will follow in the footsteps of Milan, Bali, London, and Shanghai and is anticipated to open in 2015.
The Bulgari Hotel will be on Jumeirah Bay island in Dubai, a six million square foot mixed-use development, sculpted in the shape of a titanic seahorse and located off the coast of Jumeirah Beach Road and will also feature low rise residential villas and a marina.
The Bulgari Hotel is a luxury marine complex that will spread over 1.7 million sq ft. The hotel will comprise 100 rooms and suites in the main hotel buildings, as well as 20 hotel villas and a full range of luxury hotel facilities.
The agreement was signed in the presence of Abdulla Al Habbai, group chairman of Meraas Holding, and Jean-Christophe Babin, CEO of Bulgari Group, in Rome.
Al Habbai said: “Our agreement with Bulgari Hotels and Resorts marks a new milestone in our journey to play a pivotal role in shaping Dubai’s tourism and hospitality landscape.
"We are confident the new resort will emerge as a welcome addition to Dubai’s iconic shoreline. Through this key partnership, we will be expanding our portfolio in the hospitality sector in line with Dubai Vision 2020 for tourism.”
Babin added: “We are delighted to launch this visionary project that will convey Bulgari’s core values of contemporary design, magnificent craftsmanship and artistic detail.
"This project is for us part of a larger plan to forge a stronger presence in the GCC. It is a privilege to work with Meraas Holding, a leader in its field, and we look forward to unveiling the Bulgari concept in Dubai as our debut offering in the region.”