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

Emaar pumping in $1bn to boost Dubai's global brand experience

23/04/2025

Emaar, the master developer behind Dubai's most iconic landmarks, said it has invested over $1 billion in shaping and enhancing the city's global identity.

This cumulative contribution und

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

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 54.40 1.90 (3.61%)
ALDAR 8.20 -0.17 (-2.04%)
EMAARDEV 12.40 -0.25 (-1.98%)
MASAKEN 41.60 0.40 (0.97%)
ERES 1.01 0.03 (3.06%)
Saudi Awwal Bank signs SR2 billion credit facility with Saudi Binladin Group

25/04/2025

Saudi Awwal Bank (SAB), one of the leading banks in Saudi Arabia, has signed SR2 billion credit facility agreement with the Saudi Binladin Group, a subsidiary of Binladin International Holding Group,

Saudi Gazette

Dubai logistics firm Aramex CEO Othman AlJeda resigns

24/04/2025

The Dubai-based logistics firm Aramex has confirmed a new acting CEO after Othman AlJeda, the incumbent, resigned for personal reasons.

The change at the top comes just weeks after Abu Dhabi

Gulfnews

UAE banks continue to hit high growth in Q1-2025, with ADIB's net profit at D1.9b

24/04/2025

The leading UAE banks have put up some sizable growth in their Q1-2025 results, with ADIB's net profit before tax totalling Dh1.9 billion - and that's from an impressive 18% gain year-on-year.

Gulfnews

Salalah Port welcomes eco-friendly container ships

24/04/2025

Salalah Port has received five modern dual-fuel methanol-powered container vessels from Maersk's fleet, marking a significant milestone in the port's infrastructure development and readiness to accom

Times of Oman

QNB, Mastercard launch new debit cards campaign to reward customers

24/04/2025

QNB has launched a new campaign, aimed at rewarding customers to use their QNB Mastercard debit cards for everyday purchases.

The campaign, taking place from April 24-June 24, will offer win

Gulf Times