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Jumeirah Group has been appointed by property investment company RP Global to operate a mixed-use development in RP Global’s $1-billion (Dh3.67 billion) tower project. The Jumeirah Business Bay will include a 200-room luxury Jumeirah hotel as well as 350 serviced apartments and 290 luxurious residences.
The super-tall tower will have a built-up area of more than 3 million sq ft, offering spectacular views of Downtown Dubai and the Burj Khalifa.
Located behind the Metro station in the heart of Business Bay and parallel to Shaikh Mohammad Bin Zayed Road, the tower is designed by world-renowned architectural and engineering firm, Atkins Global, which also designed the famous Burj Al Arab by Jumeirah. It is expected to be completed before the opening of Expo 2020. One of the tower’s exciting features is its thrilling sky attraction, a dynamic interactive experience taking visitors high over the towers of Business Bay.
“RP Global is a company committed to excellence and we look forward to working together and operating this outstanding property,” said Gerald Lawless, President and Group CEO, Jumeirah Group.
Dr Ravi Pillai, Chairman, RP Group of Companies, the holding company of RP Global, said, “We are investing close to $1 billion of our own resources into Dubai’s real estate sector to develop a world-class tower that will be operated by the esteemed luxury hospitality brand, Jumeirah Group.”
Source: Property Weekly