Who Owns Atlantis Dubai?
Atlantis Dubai is a magnificent resort located on the Palm Jumeirah island in Dubai, United Arab Emirates. This iconic destination is known for its stunning architecture, luxurious accommodations, and world-class attractions.
But have you ever wondered who owns this incredible piece of paradise? Let’s delve into the ownership of Atlantis Dubai and discover the masterminds behind its creation.
The Visionaries: Nakheel Properties
At the heart of Atlantis Dubai lies the vision of Nakheel Properties, one of the leading real estate developers in the Middle East. Established in 2000, Nakheel has been instrumental in shaping Dubai’s skyline with its innovative and ambitious projects.
Under the leadership of Chairman Ali Rashid Lootah and CEO Sanjay Manchanda, Nakheel Properties has transformed vast stretches of land into thriving communities and iconic landmarks. From creating man-made islands like Palm Jumeirah to developing impressive commercial and residential properties, Nakheel has left an indelible mark on Dubai’s landscape.
The Collaboration: Kerzner International
To bring their vision to life, Nakheel joined forces with Kerzner International Holdings Limited, a renowned international developer and operator of destination resorts. Together, they created a partnership that blended Nakheel’s expertise in real estate development with Kerzner International’s prowess in luxury hospitality.
Kerzner International is led by Chairman Mohammed Al Shaibani and CEO Michael Wale. With their extensive experience in creating world-class resorts such as Atlantis Paradise Island in The Bahamas and One&Only Resorts worldwide, they were the perfect collaborators for Nakheel’s ambitious project.
The Ownership Structure: Subsidiaries
Atlantis Dubai is owned by subsidiaries of both Nakheel Properties and Kerzner International. Nakheel Hospitality, a subsidiary of Nakheel Properties, is responsible for the development and operation of Atlantis Dubai. On the other hand, Kerzner International’s subsidiary, Atlantis Resorts & Residences International Limited, is involved in the management and marketing of the resort.
This joint ownership structure ensures that both Nakheel Properties and Kerzner International have a stake in Atlantis Dubai’s success. It combines their respective strengths in real estate development and hospitality management to deliver an unparalleled experience to guests from around the world.
A Destination Beyond Ownership
While understanding the ownership structure of Atlantis Dubai is fascinating, what truly sets this resort apart is its incredible offerings. From the stunning Aquaventure Waterpark to unique marine experiences at The Lost Chambers Aquarium, Atlantis Dubai offers a wealth of attractions that cater to all ages and interests.
Whether you are lounging on pristine beaches, indulging in gourmet dining experiences, or exploring the underwater world through scuba diving or snorkeling, Atlantis Dubai has something for everyone. The resort also boasts luxurious accommodations with breathtaking views of the Arabian Gulf or Palm Jumeirah.
In Conclusion
Atlantis Dubai is a testament to the collaboration between Nakheel Properties and Kerzner International. Their joint vision and expertise have brought forth an extraordinary destination that continues to amaze visitors from across the globe. So next time you visit this marvelous resort, remember that it is not just a product of ownership but a result of passion, innovation, and dedication to creating unforgettable experiences.