MGM Mirage and Pearl Dubai said they plan to develop Bellagio, MGM Grand and Skylofts hotels, as well as branded residences at Dubai Pearl, the $4 billion luxury development in Dubai, United Arab Emirates. The hotels are expected to be operational in 2013. Pearl Dubai will own and finance a 250-room Bellagio hotel, a 350-room MGM Grand hotel and a 30-suite Skylofts hotel, while MGM Mirage Hospitality will manage and provide technical services for the three new ventures. The agreement includes the development of Bellagio-branded luxury residences, in addition featuring dining, entertainment, spa and convention facilities. The partnership between the two companies will see the Dubai Pearl project getting Dubai’s first hotel and residences brands under the MGM Mirage portfolio.
Located opposite the Palm Jumeirah Island in the heart of the Dubai Technology and Media Free Zone, Dubai Pearl is planned as a landmark destination designed to offer spectacular views of the Arabian Gulf. It will offer a pedestrian friendly, 24-hour living city with a spectrum of commercial, retail, residential, hospitality and leisure components. Dubai Pearl will also have a 2,000-seat performing arts theater aimed at meeting the needs of Dubai’s growing cultural calendar and complementing the project’s entertainment offering.
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