Dh2.9 billion contract awarded for Trump International Hotel & Tower in Dubai
Nakheel, one of the world's largest real estate developers, has signed a Dh2.9 billion contract with an Al Habtoor-Murray & Roberts joint venture for the construction of the Trump International Hotel & Tower on The Palm Jumeirah in Dubai. The 62-storey structure is set to become a focal point of the Palm Jumeirah.
Donald J. Trump, Chairman & President, The Trump Organization, said, "Trump, Nakheel and Dubai-this is a combination that makes a luxury destination point an absolute necessity for the world traveler. Trump International Hotel & Tower Dubai will not only be spectacular, but will offer the ultimate in luxury with the finest amenities available in the world".
The 270 m design, which has a total gross built-up area in excess of 250,000 sq m, will feature two towers that rise above the Palm Monorail and central park, merging as one towards the sky. The development comprises a unit mix of 378 hotel rooms and suites, 385 condominiums, 12 exclusive townhouses, and 45,000 sq ft of retail and 60,000 sq ft of office space.
Trump International Hotel & Tower Dubai is the only planned mixed-use real estate development in Dubai by the Trump name, bringing Donald Trump's internationally respected brand cache and legendary implementation, service standards and world class properties to the emirate for the first time.