If you’re a fan of the iconic fashion brand Versace, then you may be familiar with the luxurious Palazzo Versace hotel in Dubai. This stunning hotel is an epitome of elegance and opulence, featuring a stunning mix of Italian craftsmanship and Arabian architectural elements.
But have you ever wondered who owns this magnificent piece of real estate in the heart of Dubai? Let’s dive in and find out.
The History of Palazzo Versace Dubai
Palazzo Versace Dubai opened its doors in 2015 after years of planning and development. The hotel was built in collaboration between Enshaa Group and Versace, with the aim to create a unique hospitality experience that combines the best of Italian luxury with Middle Eastern hospitality.
Located in the heart of Culture Village on the banks of the Dubai Creek, Palazzo Versace Dubai features 215 rooms and suites, several restaurants, a spa, swimming pools, and even its own private beach. The interiors are designed by Donatella Versace herself, featuring ornate mosaics, handcrafted furniture, and lavish fabrics.
Who Owns Palazzo Versace Dubai?
Palazzo Versace Dubai is owned by Enshaa Group, a UAE-based conglomerate that operates across various sectors including real estate development, hospitality, retail, and healthcare. The group was founded in 2006 by Sheikh Taha Bin Saeed Bin Tahnoon Al Nahyan with a vision to create world-class projects that enhance people’s lives.
Enshaa Group is also the owner of other prominent hotels in Dubai such as The Address Downtown Dubai and The Address Boulevard Dubai. In addition to these luxurious hotels, Enshaa Group has developed several residential projects including Palazzo Residence – a collection of exclusive apartments located next to Palazzo Versace Dubai.
The Future of Palazzo Versace Dubai
As one of the most sought-after hotels in Dubai, Palazzo Versace Dubai continues to attract visitors from all over the world. The hotel has won several awards for its exceptional service and design, including the title of “Middle East’s Leading Luxury Hotel” at the World Travel Awards.
Enshaa Group is committed to maintaining the high standards of Palazzo Versace Dubai and continuously investing in its facilities and services. In 2020, the hotel underwent a major renovation of its restaurants and pool area, introducing new concepts such as Amalfi – an Italian restaurant overlooking the Dubai Creek.
Conclusion
In conclusion, Palazzo Versace Dubai is owned by Enshaa Group – a UAE-based conglomerate that is committed to creating exceptional projects across various sectors. The hotel is a testament to the group’s vision of combining Italian luxury with Middle Eastern hospitality, creating a unique experience that is unrivaled in Dubai.