Kerzner International is launching sales of apartments at its Royal Atlantis Resorts and Residences on the Palm as it banks on an upturn in Dubai’s real estate investor sentiment.
The resort operator and developer is targeting high net worth individuals with prices for two-bedroom units starting at Dh7.65 million and rising up to Dh37.5m for a penthouse.
Construction of the 193-metre, 43-storey resort complex is expected to complete in the third quarter of 2019 and will be one of the tallest towers on the Palm. The resort wing will comprise 795 rooms and the residences arm will have 231 units. There will be space for 1,500 cars at the complex, which is spread over 10 hectares of land.
Designed by New York’s architecture firm Kohn Pedersen Fox Associates, which also worked on Abu Dhabi’s Midfield Terminal, the project will have 65 outdoor pools in the residential wing and a skypool at a height of 100 metres for the hotel’s guests that can be accessed by the hotel’s guests as well as the residents.