Master developer Nakheel and AccorHotels have signed a management agreement for the Ibis Dubai Jumeirah Village Circle.
The new agreement is the third between the owner and operator, with the duo previously agreeing to terms to develop the 260-meter Palm 360 on the Palm Jumeirah island in Dubai.
Meanwhile, Nakheel’s 251-room Ibis Styles Hotel at Dragon Mart, which opened in 2016, was the joint venture’s first development in Dubai.
Located inside the eastern edge of the Jumeirah Village Circle community, the 252-room Ibis hotel will provide an economy hospitality offering, with an all-day restaurant with indoor and outdoor seating, café, fitness center, meeting room, and car park.
The hotel will span 11,705 square meters across 16 floors, and is expected to open in 2021.
Nakheel chairman Ali Rashid Lootah said, “Our hospitality business continues to go from strength to strength, as we design and deliver a diverse range of hotels, resorts and serviced residences at key locations across Dubai, and partner with world-leading hotel brands to bring new hospitality concepts to the emirate.”
The Jumeirah Village Circle hotel is one of 17 projects in Nakheel’s US$1.35 billion (AED5 billion) hospitality expansion program, under which some 6,000 new rooms and hotel apartments will be delivered across Dubai, in line with the government of Dubai’s tourism vision.
Two are already operational, with the rest at various stages of construction and development.
Around 30,000 people currently live at Jumeirah Village Circle, with a predicted population of more than 300,000 when the 560-hectare master-planned community is fully complete.
Jumeirah Village Circle amenities include 33 landscaped parks and the upcoming Circle Mall and community club, both of which are under construction and due to open in 2019.
In 2016, Nakheel completed a US$5 million (AED18.5 million) road improvement scheme, which opened three new Jumeirah Village Circle entry and exit points from Hessa Street.
For more on this story, go to Construction Week.