28/03/2018 05:53 AST

Emaar Hospitality Group, the hospitality and leisure subsidiary of Emaar Properties, has expanded the portfolio of hotel projects under its Vida Hotels and Resorts brand, with the new Vida Za'abeel.

The hotel is located centrally in Za'abeel, a mixed-use development by Emaar and Meraas, and will feature world-class residences, commercial offices, hotels and leisure attractions.

Vida Za'abeel is at the heart of Za'abeel, with direct views of the Dubai Frame, the iconic new attraction in the city, as well as 360-degree vistas of the city including its famed landmarks, Burj Khalifa in Downtown Dubai, and the upcoming icon, Dubai Creek Tower in Dubai Creek Harbour.

An elegantly designed twin-tower development of 70 and 68 storeys, Vida Za'abeel will be home to the 220-room Vida Za'abeel hotel and Vida Residences Za'abeel, a collection of serviced apartments in one, two and three bedrooms. Vida Hotels and Resorts will operate the hotel and serviced residences, bringing its brand essence of warmth, simplicity and creativity in design-led spaces.

Olivier Harnisch, chief executive officer of Emaar Hospitality Group, said: "As a homegrown brand offering a refreshingly different experience for the new generation of business executives, entrepreneurs and leisure travellers, Vida Hotels and Resorts have set a distinctive niche in Dubai's hospitality sector. Vida Za'abeel is a significant addition to our portfolio of hotel projects that stands out for its central location and spectacular views of the city's landmarks. With its focus on convenience, creativity and connectivity, Vida Za'abeel will add to the choice of hotel guests and discerning customers who are seeking a vibrant and social hub where inspiring minds can create and connect."

Vida Residences Za'abeel will offer a wide range of amenities for its residents including gyms, multi-purpose halls and indoor kids play areas, opening out to landscaped terraces. Individually designed courts, gardens and pools add to the identity of the residential tower and the hotel. For the convenience of residents, the development also has about 3,000-sq-m for retail use, including a supermarket.

Vida Hotels and Resorts has two operational properties in Dubai - Vida Downtown and Manzil Downtown - apart from several upcoming projects in the UAE including: Vida Harbour Point, Vida Dubai Marina, Vida The Hills, Vida Dubai Mall, Vida Townsquare, Vida Beach Reem Island Abu Dhabi and Vida Residences Downtown, all in the UAE. The brand has expanded internationally with management agreements to operate Vida Jeddah Gate in Saudi Arabia, Vida Marassi Marina in Egypt, and Vida Marassi Al Bahrain in Bahrain.


Trade Arabia

Adani in talks with Emaar to buy India assets for $1.5bn

25/03/2025

Billionaire Gautam Adani's group is in advanced talks with leading Dubai developer Emaar Properties to acquire its Indian assets for an enterprise value of $1.4 to $1.5 billion as part of its expansi

Trade Arabia

Emaar Properties upgraded to 'BBB+' on strong business performance; outlook stable

18/03/2025

S&P Global on Monday raised the ratings of Emaar Properties, Dubai's largest listed developer, to 'BBB+', with a stable outlook.

"The upgrade reflects the significant growth Emaar experience

Khaleej Times

Aldar and Emaar shares climb after Dh30bn strategic alliance

21/03/2018

The shares of Aldar and Emaar Properties, two of the the UAE's biggest developers, rose during early trade on Wednesday after unveiling a strategic alliance to develop local and international project

The National

Ticker Price Volume
EMAAR Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
SOKOUK 57.50 0.20 (0.34%)
ALDAR 7.60 0.10 (1.33%)
MASAKEN 39.30 0.70 (1.81%)
EMAARDEV 10.80 0.15 (1.40%)
ERES 0.93 -0.02 (-2.11%)
Dubai's Al Ansari Financial Services completes $200m BFC deal in Bahrain

10/04/2025

The Dubai-based Al Ansari Financial Services is now the GCC's biggest non-banking financial services company.

The DFM-listed Al Ansari - which also operates the UAE's biggest remittance firm

Gulfnews

Hilton, Mabanee in deal to open largest coastal resort in Kuwait

10/04/2025

Kuwait-based real estate development company Mabanee and global hospitality major Hilton has announced the signing of an agreement for the development of its prime project - Hilton Kuwait Resort - th

Trade Arabia

Beyon sweeps 2025 Cybersecurity Excellence Awards

10/04/2025

Beyon Cyber, part of the Beyon Group, has been recognized with three major accolades at the 2025 Cyber Security Excellence Awards, one of the industry's most renowned awards, voted on by the global c

Trade Arabia

Estithmar Holding Q.P.S.C General Assembly Elects Board Members

10/04/2025

Estithmar Holding Q.P.S.C. announced the results of the ordinary and extraordinary general assembly meeting held on April 9, 2025, to elect 11 members for the Board of Directors of Estithmar Holding

Gulf Times

Saudi Aramco discovers 14 new oil, gas fields

10/04/2025

Saudi Aramco has made a series of groundbreaking oil and gas discoveries in the Eastern Province and the Empty Quarter, further cementing Saudi Arabia's position as a global energy leader.

A

Arab News