The
Versace Group together with Australian Property
Developer, Sunland Group Limited, who opened the
first Palazzo Versace on the Gold Coast in September
2000, identified the Middle East as the next potential
region for a Versace resort, the ultimate experience
in luxury vacationing. A joint venture was subsequently
drawn up between Sunland Group Limited and Emirates
International Holdings, and will be known as Emirates
Sunland Group and will be responsible for the development
and management of Palazzo Versace Dubai. The centrally
located waterfront site on Dubai Creek was identified
as the most suitable location. It will be developed
on a 130,000 m² of prime land, in which an
artificially-created temperature-controlled beach
will serve mainly upmarket leisure travellers. The
hotel is planned to open in 2008.
The Palazzo Versace Dubai will include 215 suites,
and 204 luxury villas as well as restaurants, and
a spa, all conceptualized by the Versace Group.
Indeed, the Versace Group will be responsible for
all aspects of content, design and style, including
architecture, interiors, furnishings and amenities
using specially designed items from the various
Versace collections. The luxury condominiums or
villas will be offered to selected high profile
investors on a freehold basis. |