Dubai Holding, the global investment conglomerate and Jabal Omar Development Company, one of the Middle East’s largest real estate company, have signed an agreement to develop Jabal Omar Jumeirah Makkah Hotel. Managed by Jumeirah Group, the world-renowned luxury hospitality brand, the five-star hotel is walking distance from the Holy Mosque and comprises four towers with stunning views of Masjid-al-Haram.
The Jabal Omar Jumeirah Makkah Hotel will include 1,033 guest rooms along with 93 villas and will feature a variety of food and beverage offerings, meeting facilities, executive lounge, gymnasium and over 90 retail units throughout the complex. The hotel will be operational in early 2019.
With this strategic addition, Jumeirah Group has expanded its global reach to 22 luxurious hotels and resorts managing 7,164 hotel rooms around the world.
Commenting on the agreement, Yasser Al Sharif, Chief Executive Officer, Jabal Omar Development Company, said: “Jabal Omar Development Company is committed to offering guests of Masjid-al-Haram and visitors to the Holy Capital superior hospitality services, in accordance with the highest international standards. We are pleased to work with an established global hospitality brand grown in our region, such as Jumeirah Group, and we look forward to a fruitful cooperation to reap mutual benefit for our guests and shareholders alike.”
Edris Al Rafi, Chief Executive Officer of Dubai Holding, said: “Dubai Holding takes great honour in announcing the addition of this unique property to the Jumeirah Group portfolio. As the company embarks on its next phase of growth, adding such strategic and large hotel to the portfolio is a key milestone in our ambitious international expansion strategy.
“Jabal Omar Jumeirah Makkah Hotel will significantly boost its growth in the coming years. It will also mark the Group’s first presence in the Kingdom of Saudi Arabia in Makkah, one of the holiest sites in the world and the highest in real estate value.”
Jumeirah Group is one of the world’s most luxurious hotel groups that operates a world- class portfolio of hotels and resorts including the flagship Burj Al Arab Jumeirah. The group’s portfolio includes hotels and resorts in Dubai, Abu Dhabi, Kuwait, Frankfurt, Mallorca, London, Maldives and Shanghai.
Dubai Holding is an investment conglomerate with operations in 12 countries employing over 20,000 people. Established in 2004, Dubai Holding today manages an AED 130 billion portfolio of assets, which supports the strong development of Dubai’s non-oil economy across sectors including; tourism, hospitality, real estate, media, ICT, education, design and trade. Its portfolio includes TECOM Group, which manages 11 of Dubai’s most successful business communities; Jumeirah Group, the hospitality arm which owns and operates 22 hotel developments in 10 destinations in 9 countries; Dubai Properties Group, one of the largest fully integrated and community development business in Dubai; Arab Media Group, which implements a strategic plan to develop new family destinations and further grow digital media business lines. Dubai Holding’s current project pipeline will add significantly to the Emirate’s portfolio of landmarks. This includes Jumeirah Central, a mixed-use district development on Sheikh Zayed Road; and Dubai Creek Harbour, a joint venture with Emaar Properties to build a futuristic waterfront city at The Lagoons. Dubai Holding plays an influential role in delivering on Dubai’s economic diversification strategy and initiatives such as Tourism Vision 2020, Dubai Smart City, Dubai Innovation Strategy and Dubai Industrial Strategy.
Jumeirah Group, the global luxury hotel company and a member of Dubai Holding, operates a world-class portfolio of hotels and resorts including the flagship Burj Al Arab Jumeirah. Jumeirah Hotels & Resorts manages properties in Dubai and Abu Dhabi, UAE, and Kuwait in the Middle East; Frankfurt, Istanbul, London and Mallorca (Spain) in Europe; the Maldives and Shanghai in Asia. Jumeirah Group also runs the luxury serviced residences brand Jumeirah Living™ with properties in London and Dubai; the new lifestyle hotel brand Venu™; the wellness brand Talise™; Jumeirah Restaurant Group Dubai™; Wild Wadi Waterpark™; The Emirates Academy of Hospitality Management™; Jumeirah Sirius™, its global loyalty programme; and isme by Jumeirah™ an app based rewards programme in the UAE.
Jabal Omar Development Company (JODC) is one of the largest real estate developers in the Middle East and one of the largest listed companies in the Saudi Tadawul Stock Exchange. Its flagship project, Jabal Omar, is an integrated real estate development within walking distance of the Holy Mosque in Makkah Al Mukarramah. As the Kingdom of Saudi Arabia continues to increase its capacity to welcome a growing number of Hajj and Umrah performers, the company is also a proud contributor to the development of the area surrounding the Holy Mosque and strives to offer the visitors and residents of Makkah a unique spiritual and living experience. The area of the land covers 230,000 square and include 39 towers. Jabal Omar is a mixed-use iconic project with commercial malls and luxurious residential units and premium hotels. The hotels are owned by Jabal Omar Development Company and operated by international luxury hotel brands. The currently operated premium collection of hotels include Jabal Omar Conrad, Jabal Omar Hyatt Regency, Jabal Omar Marriott, Jabal Omar Hilton Suites and Jabal Omar Hilton Convention which hosts the largest ballroom in the vicinity of the holy city of Makkah.