Versace has said it is sworn to completing its AED 2.3 Bn Palazzo designer Dubai resort.
Completion of the project is expected at the modify of next year or early 2011, with cerebration currently at about 60 per cent, the National reports.
“The Versace Group is 100 % committed to this project and we foresee it will be a huge success\” Santo Versace, the company’s chair told the newspaper.
Palazzo designer will form the centrepiece of Culture Village, which is designed to become Dubai’s cultural hub and an attractive prospect for anyone considering property investment in Dubai.
The use will feature 217 hotel suites and 169 private residences volume╘d with designer furnishings as well as a Vanitas restaurant, a health spa, convention facilities and a designer boutique.
The Culture Village direction say that with the rapid evaluate of growth in the p▀op▌ulation and tourism of Dubai, the project will bring together the vast array of nationalities and cultures who visit the UAE.