Exciting news for fans of Dubai: Hotelier Middle East is reporting that the Palazzo Versace Dubai, the $626 million hotel being built on the banks of Dubai Creek, will open in the second half of 2014 rather than the fourth quarter of this year as originally planned.
Still, a spokesperson for developer Enshaa told the website that the hotel was now 80 percent complete. When finished, the development will include a Versace-designed hotel with 217 suites, decorated with furnishings from the Italian designer’s Home range. Other features will include a sand bottomed pool as well as a artificial beach area, with the hotel separated from the creek by paved public Boardwalk.
The Palazzo Versace Dubai was first launched in 2006 by Emirates Sunland Group, a 50:50 joint venture between Enshaa’s subsidiary firm Emirates International Holdings (EIH) and Australian developer The Sunland Group. However, Enshaa took full control of the hotel as part of a swap deal in 2011.