Dubai developer Nakheel is to restart work on its stalled Palm Deira project, with plans to build a 250 room hotel on the redesigned man-made island.
Renamed Deira Island, the project appears to have been reduced in size from its original design, but will still include 1400 retail units and restaurants, a night market and a 30,000 capacity amphitheatre.
Nakheel chairman Ali Rashid Lootah talked of the plans during Dubai's property exhibition show Cityscape saying: "There will be four islands that we have reclaimed. Our aim is to support the government's strategy promote tourism. So the focus will be on hotels and commercial units."
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Nakheel finished only one of its three palm-shaped islands off the emirate's coast - Palm Jumeirah - before the global financial crisis triggered a property market crash.
It indefinitely suspended work on the other two larger projects, Palm Jebel Ali and Palm Deira.
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