Nakheel said yesterday that it has signed a letter of intent for Shangri-La Hotels and Resorts to manage The Palm Tower, a 52-storey hotel and residence that the developer plans to build on Dubai’s Palm Jumeirah.
On its rooftop, the complex includes a 50th floor, 360-degree infinity swimming pool – the highest in Dubai – bordering all four sides of the building.
Above the pool is an enclosed restaurant and function facility, topped by a public viewing deck on the 52nd level.
The Palm Tower comprises 504 high-end, furnished apartments, with the Shangri-La to feature 290-rooms and suites, occupying the first 18 floors of the building
“Palm Jumeirah is synonymous with luxury living and leisure. Our new partnership with Shangri-La further reinforces the island’s position as a global destination offering unrivalled, world-class facilities for Dubai’s residents and tourists,” said the Nakheel chairman Ali Rashid Lootah.
“The Palm Tower will be our flagship hotel and the ultimate address on Palm Jumeirah. We are delighted to bring Shangri-La and its world-renowned service and hospitality to what will be the new centrepiece of Palm Jumeirah and a stunning new landmark for Dubai.”
Construction on the Palm Tower is due to start this year and the developnment will be directly linked to the Nakheel Mall according to the developer.
The Palm Tower will also have direct bridge access to Club Vista Mare, one of Nakheel’s new beach club complexes on the island, as well as to Al Ittihad Park and the Palm Monorail, which will be connected to the new Dubai Tram system.
business@thenational.ae
Follow us on Twitter @Ind_Insights

