DIP plans US$544m resort in Bahrain

Dubai International Properties (DIP) has unveiled plans to build a US$544 million beach resort and spa in Bahrain.

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By  David Robinson Published  November 20, 2005

Dubai International Properties (DIP) has unveiled plans to build a US$544 million beach resort and spa in Bahrain. Salam Beach Resort and Spa Bahrain will be the second DIP project with such a name. The first project in Oman is known as Salam Yiti Lifestyle Resort & Spa and is being built at a cost of US$820 million and is part of DIP’s strategy is to build a ‘Salam Resort & Spa’ global brand name. The resort will be located on Bahrain’s southwest side. It will sprawl over a 500,000-square-metre site and will include a five-star hotel, traditional souq, hotel villas and spa, marina and wellness centre. The project is set to be completed in March 2009. “The announcement of the project in Bahrain follows soon after vast developments in Qatar, Oman, Morocco and Turkey makes Dubai International Properties one of the fastest growing major real estate developers in the region,” said Mohammad Al Gergawi, executive chairman of Dubai Holding, DIP’s parents company. Farhan Faraidooni, chief executive officer of DIP, said the Bahrain development will stand out with its own identity, based not only on the architecture or the look of the project, but also because of its unique interior decor and the extraordinary services and facilities that it will offer to the end visitors. “The resort will have a vast area along the beachfront stretching deep inland. We will build a network of canals spanning 5 kilometres to run throughout the site in order to maximise waterfront scenery,” explained Faraidooni. Built on a long stretch of sandy white beach, the Salam Beach Resort & Spa Bahrain site promises to provide the ultimate in privacy, luxury, entertainment and leisure. The upscale luxury resort and spa project is aimed at attracting GCC and European tourists, he said. Meanwhile, Dubai Properties last week took part in Europe’s largest property retail event — the MAPIC show in Cannes, France — in a bid to win new business and update existing clients on its developments. The show was held at the Palais des Festivals in Cannes. “We have been to MAPIC before and we were impressed with the volume and quality of visitors who come from all over the world to look at property and investment options in various parts of the globe,” said Hashim Al Dabal, CEO of Dubai Properties. “For us, MAPIC is a perfect platform from which to attract new residents to Dubai and to our projects such as The Business Bay or the The Villa or the Jumeirah Beach Residence,” he added.

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