Dubai’s Dragon City is getting a new hotel: Dubai-based developer Nakheel has signed a construction contract worth $37 million with Al Ghurair Contracting and Engineering Works to build a 304-guestroom Premier Inn that is slated to open in 2019.
The Premier Inn Dragon City will be one of two Nakheel hotels managed by the UK’s Premier Inn brand. The first is a 372-guestroom hotel at Ibn Battuta Mall, which opened in October 2016.
The Dragon City project is a mixed-use community that includes retail space, a two-tower residential complex with 1,120 apartments and two hotels with 516 guestrooms between them.
With a total project value of $47.9 million, the property will be one of 16 hotels in Nakheel’s $816.7 million hospitality portfolio. In total, Nakheel's Dubai hotels have more than 5,300 guestrooms. Two hotels are open, and the company awarded a construction contract for a second hotel at Ibn Battuta Mall last month.