Jumeirah Group to operate luxury hotel, serviced apartments and private residences for RP Global’s US$1 billion iconic tower
Dubai hospitality group signs deal to manage mixed-use development in Business Bay Dubai expected to open in 2020
Dubai, 2 September 2015: Jumeirah Group, the global luxury hotel company and a member of Dubai Holding, has been appointed by leading property investment company RP Global to operate a mixed-use development within RP Global’s US$1 billion iconic tower. The Jumeirah Business Bay will include a 200-room luxury Jumeirah hotel as well as 350 serviced apartments and 290 luxurious residences managed under the Jumeirah brand.
The super-tall tower will have a built-up area of over 3 million square feet, offering spectacular views of Downtown Dubai and Burj Khalifa. A luxury urban resort destination, the tower will include extensive food and beverage outlets, an award winning Talise Spa and Health Club, conference and banquet facilities and a dynamic open air, rooftop Sky bar. Located in the heart of Business Bay, behind the Dubai Metro station and parallel to Sheikh Zayed Road, the tower is designed by world renowned architectural and engineering firm, Atkins Global, which also designed the world-famous Burj Al Arab Jumeirah, and is expected to be completed before the opening of Expo 2020.
One of the tower’s exciting features is the thrilling sky attraction, a dynamic interactive experience taking visitors high over the towers of Business Bay.
Mr Gerald Lawless, President and Group CEO, Jumeirah Group, said: “RP Global is a company committed to excellence, and we look forward to working together and operating this outstanding property. Jumeirah has a reputation for luxury and exceptional hospitality, and our partnership reflects the strong synergies between Jumeirah Group and RP Global. As Dubai moves towards its tourism vision of receiving 20 million visitors a year by 2020, we are proud to be strengthening our Jumeirah portfolio in Dubai.”
Dr. Ravi Pillai, Chairman, RP Group of Companies, the holding company of RP Global, said: “We are investing close to US$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. RP Global is committed to superior quality and timely delivery and like the Jumeirah Group, we strive to create well designed, innovative lifestyle concepts for our buyers. Dubai’s resident population is growing rapidly and we are looking forward to adding an iconic tower to Dubai’s skyline in partnership with Jumeirah.”
The management agreement between RP Global and the Jumeirah Group was signed by Dr. Ravi Pillai and Gerald Lawless at a ceremony held at the Jumeirah Group’s flagship property, the Burj Al Arab Jumeirah. Jumeirah Group currently operates 23 hotels in Europe, the Middle East and Asia, and has a further 25 Jumeirah and Venu properties in the development pipeline.
RP Global is the real estate development company of RP Group of Companies, a conglomerate established by Dr. Ravi Pillai, having operations in 20 cities across nine countries. The group has executed projects worth over US$25 billion globally and has wide-ranging investments in hospitality, construction and industrial development, healthcare and wellness, education and trading, and operates across Middle East, Africa, Australia and Asia.