Three luxury residential towers, including multi-level penthouses, have been added to plans for the Al Habtoor City development near Dubai's Business Bay area.
The towers will join the development's original plan for three internationally branded hotels, the W Hotel, St Regis and The Westin, as well as an aqua theatre. Spread across 10m square feet, the entire project will now cost $3bn.
"Residents of the VIP penthouses will be ensured exclusivity," a statement from Al Habtoor Group said.
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"The two VIP/presidential style penthouses will be uber-stylish, fitted to the highest standards, with the most exclusive finishing materials from some of the world's top brands."
However Al Habtoor Group chairman Khalaf Al Habtoor said the VIP penthouses will not be sold.
"But if we did put them on the market, we would not sell any of them for less than $250m each," he said.
The three new residential towers will include a total of 1,460 apartments, ranging from one to seven bedrooms. Eleven penthouses will also be built.
During the announcement on Monday, vice-chairman and CEO Muhammad Al Habtoor also revealed the company was investigating how to air-condition the outside boulevard area to allow for year-round dining.
In total, the project will include more than 3,000 hotel and residential suites and is expected to receive 20,000 visitors a day.
It is being built on the site of the former Metropolitan Hotel, on Sheikh Zayed Road just south of Business Bay, and is expected to be completed in 2016.
The Dubai Water Canal announced last week also will run through the city.
Please click the following page for a rundown of the three hotels and the 'Aqua Theatre' that will be a part of Al Habtoor City...
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