Based in Dubai and Bahrain with offices across the region, the company has sold Shariah-compliant fractional ownership and is expected to complete the 12-storey project by the end of 2013.
Designed by Dewan Architects and Engineers, the UAE-based firm behind projects such as Yas Hotel in Abu Dhabi and the Baghdad Rotana Hotel, the new hotel with 624 apartments will be the largest five-star hotel in Iraq.
The 65,000 square meter G+12 hospitality development will be managed by Shaza Hotels.
By 2015, Range Hospitality aims to operate both three-star and four-star hotels in Najaf. The group also intends to develop and operate a series of hotels in Makkah.