An artist's impression of Palazzo Versace Dubai by night. The hotel is being developed by Emirates Sunland Group, which has the Global Rollout Licence for Palazzo Versace resorts worldwide. When it opens in the first half of 2012, the resort will be the second Versace-branded property in the world following the launch of Palazzo Versace Gold Coast in 2000.
After a decade as director-general of the Dubai Land Department, Sultan Butti Bin Mejren says he is acting fast to improve regulation of the real estate industry and ensure it remains a thriving part of the emirate’s economy. He explains why he is adamant investors will keep coming.