Italian Style in Kuwait | Luxury hotel Palazzo Versace Dubai – 80% of apartments sold
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24 Feb Luxury hotel Palazzo Versace Dubai – 80% of apartments sold

Posted at 17:11h in Middle East, Versace by

Palazzo Versace Dubai, the AED2.3bn ($626m) hotel and residences branded by the Italian fashion house, has sold 80 percent of its units, the developer behind the venture has said.

Emirates Sunland Group, a joint venture between the UAE’s Emirates International Holdings and Australian-based Sunland Group Limited, also said construction on the luxury property is more than 80 percent complete.

“[The resort] has continued its construction during a very difficult economic time,” said managing director Soheil Abedian.” The property is 81 percent complete”, he said.

The Versace-branded resort will include 169 private apartments and 217 hotel suites, decorated with furnishings from the Italian designer’s Home range

Arabian Business

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