Project developer Designer and Builder

Developer Tatweer – part of Dubai Holding – plans a AED106bn [£15.4bn, 22.5bn euro, US$28.8bn] mixed-use primarily hotel project called Bawadi in the mega entertainment complex of Dubailand. The remaining AED63bn (£9.2bn, 13.4bn euro, US$17.2bn) is expected to come from investors.

Dubai’s Bawadi Project

The first part of the complex will be the Asia-Asia Hotel, which alone will provide 6,500 rooms. The development will also house a series of entertainment centers, shopping malls, theaters, restaurants and convention centers, catering to all the varied interests of tourists to Dubai.

Tatweer to develop AED 100 billion Bawadi projectTatweer to develop AED 100 billion Bawadi project

Bawadi project has been conceived to develop capacity for the forecast dramatic increase in tourism to Dubai, which is set to reach more than 15 million visitors over the coming years, compared to the current six million tourists who visited the Emirate in 2005.

Bawadi by Tatweer in Dubai

Bawadi by Tatweer in Dubailand, Dubai: A state-owned Dubai company plans to build a Dh100 billion tourist and leisure resort in the city that will feature a cluster of 31 hotels, including the world’s biggest, and some 100 theatres presenting live cultural shows.

Bawadi and Emaar enter joint venture for Dhs60bn signature development

Bawadi, a member of Tatweer, and Emaar Properties PJSC, the property developer with a significant presence in 16 countries, have joined hands to develop 70 million sq ft of land in Bawadi, the largest hospitality and leisure development in the world, located in Dubailand.

Emaar-Bawadi deal

Bawadi will contribute 6.5 million m2 of land worth $1 billion towards the deal, while Emaar will invest $1.05 billion, which replaces a land-for-stock deal the company scrapped in August after investors drove its shares to a 28-month low because they were kept in the dark about the details.

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