Deyaar Development has started work on a hotel and serviced apartment project close to the Mall of Emirates in Al Barsha.
With a total plot size of 70,800 square feet, the development is expected to be completed by December 2017.
The hotel will have total of 408 units, including 299 hotel rooms, of which 15 will be suites, in addition to 109 serviced apartments – a mix of 93 one-beds, and 16 two-beds.
The property will tap into the increasing demand for hotel and serviced apartment accommodation by providing quality facilities in close proximity of the Mall of Emirates.
Saeed Al Qatami, Chief Executive Officer of Deyaar, said: “This project reiterates Deyaar’s commitment to support the Dubai’s Tourism Vision 2020 and increase the supply and variety of accommodation options.
“The property is conveniently positioned in one of Dubai’s burgeoning districts in the vicinity of numerous landmarks and facilities. Our Al Barsha project is complementary to our growth strategy and is a significant expansion of our portfolio in the hospitality sector, as we are aiming to manage 1,000 hospitality units by 2018.”
Following previously announced hotel apartment developments at The Atria in Business Bay and the Mont Rose project in the Dubai Science Park, this development is a further addition to Deyaar’s hospitality portfolio, and the increasing diversification of company.