Construction expected to begin in June
New hotel floor area will sprawl across 350,000 square metres
Construction giant Leighton Holdings’ Middle East subsidiary has won a $515 million contract to build a Las Vegas-style luxury hotel complex in Dubai.
The Habtoor Leighton Group (HLG) has been contracted to build what will become the largest integrated luxury hotel complex in the Middle East, equipped with two multi-storey towers, 1,600 rooms and a Las Vegas-style aqua theatre. The entertainment complex concept is similar to The Venetian in Macau, where Cirque du Soleil held permanent performances during the last three and half years.
Once completed, the new hotel floor area will sprawl across a whopping 350,000 square metres.
HLG is 45 per cent owned by Leighton, Australia’s largest project development and contracting group.
It won the contract from the Al Habtoor Group, one of the Middle East’s leading construction firms headed by billionaire businessman Khalaf Al Habtoor.
The two companies have embarked on joint ventures in Dubai in the past, including construction of the Habtoor Grand and Metropolitan hotels.
Dubai’s oldest hotel, the Metropolitan Hotel, will be demolished to make way for the new Habtoor Palace development.
Construction is expected to begin in June, with completion scheduled for the second half of 2016.