Dubai's Nakheel awards contract for second Dragon City hotel

Developer hires Al Ghurair Contracting and Engineering Works to build 304-room Premier Inn
A pedestrian passes the company logo for the Premier Inn hotel at Tower Bridge, in London, U.K., on Tuesday, June 17, 2008. Whitbread Plc , owner of the Premier Inn budget hotels, said full-year profit slumped as a gain from selling the David Lloyd fitness clubs wasnt repeated and fewer people stayed at its hotels amid the recession. Photographer: Chris Ratcliffe/Bloomberg News
By Staff writer
Thu 06 Apr 2017 02:38 PM

Nakheel’s second hotel at Dubai’s Dragon City has moved a step closer with a construction contract worth AED136 million ($37 million) handed to Al Ghurair Contracting and Engineering Works.

With a total project value of AED176 million, the 304-room Premier Inn is one of 16 hotels in Nakheel’s AED3 billion hospitality portfolio and part of plans to transform Dragon City into a giant retail, residential and recreational complex of more than 11 million square feet.

Set for delivery in 2019, Premier Inn Dragon City will have a restaurant, Costa coffee shop and gym. The hotel will span 178,000 sq ft in built-up area, over eight floors.

Premier Inn Dragon City is one of two Nakheel hotels managed by the UK’s Premier Inn. The first, a 372-room hotel at Ibn Battuta Mall, opened last October.

Nakheel’s expanding Dragon City mixed-use community comprises four million sq ft of retail space, a twin-tower residential complex with 1,120 apartments and two hotels with 516 rooms between them.

It is currently best known for Dragon Mart – the world’s largest Chinese trading hub outside China – featuring Dragon Mart 1 and its sister mall, Dragon Mart 2, which opened in February last year. The two malls welcome 40 million visitors a year.  

Dragon City’s retail expansion includes a 375,000 sq ft showroom complex, currently under construction. 

Nakheel’s expansion into the hospitality industry is bringing 16 new hotels and serviced apartment complexes, with over 5,300 rooms between them, to Dubai.  Two are open and operational and last month the company awarded a construction contract for a second hotel at Ibn Battuta Mall.

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Last Updated: Thu 13 Apr 2017 06:57 PM GST

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