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Investment Corporation Of Dubai And Kerzner International To Redefine Luxury In Dubai With The Royal Atlantis Resort And Residences On The Palm
(15 September 2014)

 

Investment Corporation of Dubai (ICD) and Kerzner International Holdings Limited (“Kerzner”), a leading international developer and operator of destination resorts and luxury hotels, today unveiled plans to forever enhance the landscape of Dubai with The Royal Atlantis Resort and Residences. Located on the crescent of The Palm and next to the iconic Atlantis resort, this new generation of distinctive luxury will offer a sophisticated lifestyle experience, edgier than any resort in the region, with infinite ocean views, accented with lush green spaces, encapsulated in dramatic architecture.

“This next phase of Atlantis, including the luxury residences of The Royal Atlantis, will continue to drive the growth of Dubai forward,” commented H.E. Mohammed Ibrahim Al Shaibani, Executive Director and CEO of Investment Corporation of Dubai (“ICD”) and Chairman of Kerzner International. “This investment reaffirms ICD’s commitment to support the long-term growth of our domestic hospitality market, a key pillar and growth sector for the Dubai economy.” H.E. Mohammed Al Shaibani reiterated the importance of this investment for Dubai and its strengthening hotel and tourism industry as the Emirate prepares to host the Expo World Fair in 2020.

Features of the new project will include:

An approximate total investment of $1.4 billion in the resort expansion and amenities.
Nearly 800 new guest rooms and lavish suites with spectacular architecture from Kohn Pedersen Fox Associates (KPF) and interior design by GA Design.

250 luxury Residences that will redefine the leisure residential experience in Dubai, designed by Sybille de Margerie Design, providing exclusive doorstep access to exciting restaurants and entertainment, as well as unsurpassed resort experiences with definitive signature service.

The Royal Atlantis Resort will stand 46 storeys tall and feature spectacular ocean and Palm views, allowing guests to feel that they are literally floating between the sky and sea.

Introduction of revolutionary play between fire and water.

The chic new Sky Pool will soar almost 90 metres above The Palm, offering the ultimate Ultra-Pool experience with Dubai city views.

New, never before-seen marine experiences.

“The success of Atlantis, The Palm has continued to exceed our financial performance expectations year on year and the time is right to usher in the next phase of this iconic development,” commented Alan Leibman, Chief Executive Officer, Kerzner International. “The Royal Atlantis Resort and Residences will offer a new resort living experience, completely taking it to the next level, while adding an entirely new dynamic with our ultimate residences. As we continue to focus on our global growth strategy, we are thrilled to be making such a significant impact in Dubai, and to be building off the success of the Atlantis brand, which has been so well-received from guests from all over the world.”

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