SKAI Holdings, Dubai-based real estate and hospitality group, said on Wednesday it has received completion certificate for its $1.17billion (AED4.3bn) Viceroy Palm Jumeirah Dubai which will officially open in March 2017.
Trakhees, the regulatory body responsible to issue construction permits for projects on the Palm, awarded the building permit and completion certificate for the project on November 14 – more than two weeks ahead of schedule.
“The completion of our flagship project ahead of schedule is testament to our commitment and confidence in Dubai’s growing hospitality sector,” Kabir Mulchandani, group chief executive officer, SKAI, said in a statement.
The joint team of the developer and China State Construction Engineering Corporation (Middle East), contractor and equity partner in the project, have been on site over the past two years overseeing more than 4,000 workers.
Bill Walshe, chief executive officer, Viceroy Hotel Group, said the completion of the hotel – its first venture in Dubai – is an important milestone in their continued growth in the region. More info
By Staff arabianbusiness.com