Improved access roads to service Al Khail Mall

Nakheel has recently announced the appointment of Wade Adams Contracting to  build access routes into the new shopping mall located inside JVT community. The master developer is investing AED114 million in roads and bridges giving direct access to Al Khail Avenue which will boast retail, dining and entertainment facilities.

Road into Al Khail Mall

Under the contract, signed last month, work begins immediately and is due for completion next year.

The links will take motorists directly from Al Khail Road into Al Khail Avenue’s 4000-space multi-storey car park, providing seamless entry to and exit from the mall, which is under construction on the edge of Jumeirah Village Triangle, JVT. There will also be access points from JVT itself.

Operated by Nakheel Malls, the retail arm of Nakheel, Al Khail Avenue is set to open in 2020 and will have 350 shops, restaurants, entertainment outlets, and services, and be connected to a 267-room hotel, operated under the DoubleTree by Hilton.

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Terhab Hotel and Towers to give JVT a Grand Mercure and Adagio serviced apartments

JVT will have a new hotel managed by Accor Group. Terhab Hotel and Towers is set to open in 2019 and aims to attract both families and corporate travelers, offering guests a unique water themed play area, a vast retail space, and multiple F&B outlets in addition to extensive meetings facilities, health clubs, spas and infinity swimming pools.

“Manazil Global Property Development presents a new and innovative concept in real estate investment through Hotel Room Investment. Now the investor is able to buy a hotel Room on a 100% freehold bases for investment purposes and with added benefit to stay in the accommodation for up-to 30 days for free every year during the holidays. The remaining of the unused periods in the hotel rental pool will be deposited for renting. The prices starting from AED 603,000 with guaranteed rewarding financial return of 30% over the first 5 years,” says Engineer Abdul Mohsen Al Hammadi.

In addition, the investor will not pay any maintenance or other fees related to water & electricity, cooling and cleaning, where all those costs are paid through a rental pool according to «Terhab» hotel management program for hotel assets.

And to improve efficiency and increase financial returns, operational and safeguard the rights of investors Terhab will supervise the performance of the hotel Management Company, financial planning, administrative and legal operations for these hotel assets for an effortless Investment for the clients.

Al Hammadi added: “We have carefully selected the most successful Hotel Operator worldwide. Confident that with AccorHotels global network including more than 4,000 hotels in 94 country and recognized management experience Adagio will reward investors with the highest return on investment.”

Property Summary:

The Grand Mercure Hotel
a (5 stars ) with 164 hotel rooms and suites in addition to luxurious SPA; at five-star standard.

The Mercure Hotel
a (4 stars) with 330 hotel rooms and suites.

 

The Adagio Hotel Apartment
compromise 285 apartments consisting of Studios, one bedroom and two bedrooms apartments.

Terhab Residences
includes 396 apartments consisting of Studios, one bedroom, two bedrooms and three bedrooms apartments and duplexes.

 


Source: manazil-uae.com Photo credit: manazil-uae.com

Hilton hotel in JVT

Recent news reports have indicated that Nakheel has signed a deal with Hilton Worldwide to operate the planned hotel connected to our upcoming shopping mall Al Khail Avenue.

The 18 story, 256 room hotel will be a DoubleTree by Hilton and will include a restaurant, coffee shop, lounge, outdoor terrace, pool deck, gym.and leisure club.

Fun in the sun at JVT awaits!

Millennium Place Hotel in JVT by 2019

Last month we learned that the First Group has appointed Millennium & Copthorne to manage its new hotel in Jumeirah Village Triangle.

The four-star deluxe property, Millennium Place JVT Dubai, is scheduled to open in 2019.

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A 34 storey glass-clad building with an inventory of 599 guest rooms, the Millennium Place JVT Dubai will provide neighbors with two speciality restaurants, a spa, business centre, and a rooftop clubhouse with swimming pool, gym, steam rooms and a sundeck.

With 24-hour room service, laundry and dry cleaning, this new hotel will provide an excellent place to host out-of-town guests when your two-bedroom villa is feeling cramped.

Let’s hope that they will offer JVT residents some special deals on the clubhouse and restaurants!