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Palazzo Versace Dubai opening delayed by another 12 months

By Helen Andrews    07 May 2014
The resort includes a Versace boutique, in addition to a lagoon pool, sandy beach, pool bar and marina-edge promenade / Palazzo Versace

The Dubai resort development, Palazzo Versace, has had its opening date pushed back by another 12 months, having originally been expected to launch in 2010.

Developer Enshaa Services Group has confirmed the AED2.3bn (£405m, €475m, US$626m) Versace-branded resort will not open until the second half of 2014 – although it was previously expected to be ready by the end of 2013 after missing its original deadline.

Despite having been declared "80 per cent complete" in 2010 and with currently more than 1,300 tradesmen on-site to complete the project, Enshaa did not reveal reasons for the delay.

“Final treatment is being applied to the external facade work, landscape planting has begun and the fit out of this luxury property is well underway,” Versace CEO Gian Giacomo Ferraris told Arabian Business.

Development of the 214-bedroom resort – with 196 luxury condominiums, Salus Per Aquum-branded men and womens' day spas, plus salons and gyms – was taken over by Enshaa in 2011, when Versace’s former Australian joint venture partner, Sunland Group, took 100 per cent ownership of the only other Palazzo Versace in Australia. In doing so, Sunland Group relinquished its 50 per cent share in the under-construction Dubai development.

The 37,224sq m (400,675sq ft) site’s spa will offer facials, manicures, pedicures and both body and beauty treatments. Complementary facilities include a fitness studio with a steamroom, sauna and indoor pool.

The resort also includes a Versace boutique, business centre and function rooms in addition to a lagoon pool, sandy beach, pool bar in addition to a marina-edge promenade.

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