Tiara Village, an exclusive development on the east flank of the Palm Jumeirah in Dubai, is to be launched by Zabeel Properties.
The project will involve some of the best names in the world of food and entertainment, incorporating a range of eight food and beverage outlets for all tastes, including the Michelin rated Chinese restaurant, Hakkasan.
Among the entertainments will be a nightclub to be operated by the Las Vegas based hospitality company, the Light Group. Called The Bank, it will be based on the Bellagio resort in Las Vegas, which is considered the pre-eminent nightclub on ‘The Vegas Strip’.
The Tiara Village, which will open in summer 2009, is to be situated alongside the luxury property developer’s $570 million Tiara Palm Hotel and Residences project due for completion end of October. It comprises a 309 suite hotel stretching across two 15 storey towers and an adjoining 644 unit residential complex.
Robert Norton, CEO of Zabeel Properties, said, “Tiara Village is an exciting new entertainment hub that will significantly enhance the Tiara Palm development. It will give residents and guests access to a range of the highest quality restaurants, stylish bars and nightlife. We are delighted to be working with partners who are world leaders in their fields.”
“The Tiara Village will be LEED (Leadership in Energy and Environmental Design) accredited, embodying our commitment to deliver industry leading environmentally sustainable developments. We have built a growing reputation as a responsible developer that will not compromise on quality or attention to detail, and exceed customer expectations – which the Tiara Village will exemplify.”
Zabeel Properties is the property arm of Zabeel Investments, a multi diverse company with business interests spanning private equity and asset management in the GCC and other international markets. It recently acquired a 50 per cent stake in the Light Group.