Oberoi Group to debut in the UAE

The Oberoi Group is set to open its first luxury property in Dubai after signing an AED 750 million (US $190.6 million) agreement with real estate firm, Rani International.

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By  Gemma Greenwood Published  September 24, 2006

The Oberoi Group is set to open its first luxury property in Dubai after signing an AED 750 million (US $190.6 million) agreement with real estate firm, Rani International. The joint venture will see a pair of landmark 30-storey towers built at the entrance to Dubai Business Bay, adding an extra additional 84,000m² to Dubai when they open in the last quarter of 2008. One of the towers will be a world-class luxury hotel comprising 250 rooms and 40 furnished apartments, explained Lincy Isaac, director of sales and marketing, Oberoi Hotels & Resorts. The other will house offices. She said the Oberoi-branded hotel, which will be designed by international companies headquartered in Singapore and South Africa would “set a new standard for luxury in the emirate”. Oberoi global chairman, PRS Oberoi, who has resisted developing properties in the UAE until now, said the property would “become a landmark at the entrance to Business Bay – and indeed, the new Dubai”. “Dubai is now a world-class leisure and business destination, so it is a natural fit for our group to manage a world-class property here,” he added. The India-headquartered Oberoi Group currently manages 34 hotels in five countries under the Oberoi and Trident brands, including the Mena House Oberoi, Cairo, the Madina Oberoi in Saudi Arabia, the Oberoi Sahl Hasheesh on the Red Sea and The Oberoi Philae and The Oberoi Shehrayar and Shehrazad on the Nile. The company’s activities include hotels and resorts, luxury cruisers, airline catering, travel and tour services, project management and corporate air charters. Rani International is part of the Saudi Arabia-based Aujan Group, a company that operates several Ran Resorts in southern Africa. Oberoi has also announced plans to open new Oberoi brand luxury hotels in Bangalore, Goa and Gurgaon in India, Siem Reap in Cambodia and The Maldives. In addition, the company has also joined forces with the Government of Rajasthan and the Indian Railways to operate a world-class luxury train on the famed Golden Triangle route. A seven-day itinerary will take in Delhi-Jaipur- Jodphur-Jaisalmer-Udaipur-Ranthambhore-Agra-Delhi.

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