March 22nd, 2017 by Own A Space
His Highness Sheikh Mohammed bin Rashid Al Maktoum, which is the Vice President, Prime Minister of UAE and Ruler of Dubai has marked its launch of new beachfront entertainment harbor situated at Jumeirah beach near Burj Al Arab in Dubai which features MGM and Bellagio hotels.
Picture Courtesy: emirates247.com
Sheikh Mohammed was accompanied by Crown Prince of Dubai, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Chairman of Dubai Civil Aviation Authority, Sheikh Ahmed bin Saeed Al Maktoum and Khalifa Saeed Suleiman who is the Chairman of Emirates Group as well as the Director-General of the Department of Protocol and Hospitality in Dubai.
A subsidiary of WASL Asset Management Group that is WASL Hospitality and Leisure is developing the project and is in charge. It has selected MGM hospitality for the advice on development of premier destination resort in Dubai to work on the resort when completed.
Picture Courtesy: assets.wam.ae
Highlighted core components and development of the project were praised by the Sheikh Mohammed regarding tourism industry of UAE which is an important contributor in economic diversification.
Dubai’s Deputy Ruler and Chairman of Dubai Real Estate Corporation as well as Wasl Asset Management, Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum said that all the operations of the group are as in line with the directives of Sheikh Mohammed bin Rashid, which aims for uniqueness and quality, along with having innovative approach in the planning phase of the group’s projects, that works as per the Dubai Plan 2021 and UAE Vision 2021.
Picture Courtesy: www.khaleejtimes.com
Hesham Al Qassim, CEO of Wasl Asset Management, and Bill Hornbuckle, President of MGM Resorts International, together told Sheikh Mohammed in brief regarding various components of the resort which will be consisted of two million square feet of built-up space, involving an MGM Hotel, MGM-branded residence and a Bellagio hotel containing 1,000 rooms and 10 villas. A 500,000 sq. ft theatre will also be a there with a range of restaurants, major beach club, museums and adventure areas for adults and children both.
Picture Courtesy: elsewhere.nine.com.au
The longest stretch of waterfront will be occupied by the site ever developed in Dubai along the Jumeirah Beach front.
Work is about to start on the project and due for the start in the third quarter of 2017. It will take 4 years to get completed. President of MGM Resorts said that they are excited and honored by the opportunity to introduce their brands in one of the world’s fastest-growing tourist destinations.
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