Who Owns Caesars Palace in Dubai?

By Alice Nichols

If you’re a fan of luxury hotels and casinos, then there’s no doubt that you’ve heard of Caesars Palace. The iconic hotel and casino brand has been around for decades, offering visitors a taste of the high life with its opulent decor, world-class dining options, and top-notch entertainment.

But did you know that there’s a Caesars Palace in Dubai? And if so, do you know who owns it? In this article, we’ll take a closer look at the history of Caesars Palace in Dubai and who is currently in charge.

Caesars Palace: A Brief History

Caesars Palace was first established in Las Vegas in 1966 by Jay Sarno. The hotel-casino quickly gained fame for its Roman-inspired decor and grandiose architecture. Over the years, Caesars Palace has become synonymous with luxury, hosting countless celebrities and high rollers from all over the world.

In 2018, Caesars Entertainment Corporation announced that it was partnering with Meraas Holdings LLC to bring the Caesars Palace brand to Dubai. The project would include a 178-room hotel, a beach club, and an indoor pool.

Who Owns Caesars Palace in Dubai?

Meraas Holdings LLC is the company behind Caesars Palace in Dubai. Meraas is a Dubai-based holding company that specializes in developing properties across various sectors such as leisure, hospitality, retail, and entertainment.

Meraas Holdings LLC is owned by His Highness Sheikh Mohammed bin Rashid Al Maktoum. Sheikh Mohammed is the Vice President and Prime Minister of the United Arab Emirates (UAE) as well as the Ruler of Dubai.

The Future of Caesars Palace in Dubai

Since its opening in 2018, Caesars Palace in Dubai has become a popular destination for tourists and locals alike. The hotel-casino offers a wide range of amenities, including multiple restaurants, a beach club, and a state-of-the-art spa.

In 2020, it was announced that Caesars Palace in Dubai would be undergoing a major renovation project to enhance the guest experience even further. The renovation will include upgrades to the hotel’s rooms and suites as well as the addition of new dining options.

Conclusion

So there you have it – Caesars Palace in Dubai is owned by Meraas Holdings LLC, which is owned by His Highness Sheikh Mohammed bin Rashid Al Maktoum. As one of the most luxurious hotels in the UAE, Caesars Palace is sure to continue attracting visitors from all over the world for years to come.