The Bulgari resort, to open in 2017, will include 165 apartments, eight penthouses and 15 mansions in addition to the previously announced 101-key hotel and 20 villas.
The 1.7mn ft2 master development will also include Bulgari Yacht Club, a 50-berth Marina and a shopping strip with six F&B outlets.
At a press briefing yesterday, a 12m x 8m model of the project, to be developed by Dubai-based Meraas, was unveiled.
Silvio Ursini, executive vice president, Bulgari said: “We are proud of the partnership with Meraas in bringing the Bulgari brand signature contemporary Italian style to Dubai, where we see great demand for such high-quality developments.
“In 2017, upon completion of the project, the resort and residences will serve our international niche audience looking for the most exclusive experience.”
Cherif Hosny, chief hospitality officer, Meraas, said: “Bulgari Residences Dubai is not a regular development with branded elements.
“It is truly the first of its kind created from pre-concept, with the intention of translating the visions of both the primary stakeholders – Bulgari and Meraas – into an extraordinary man-made marvel.
“Demand for prime property will continue to rise – and as the market matures, expectations will rise for qualitative, detail-focused and refined finished products. As that demand grows, investment in such developments will also surge.”
While the apartments range from one to four bedrooms within six free-standing buildings, the mansions offer a variation of three to six bedrooms.
Designed by the Italian architectural firm Antonio Citterio Patricia Viel and Partners, Bulgari Residences Dubai will offer living spaces with the brand’s signature style.
Antonio Citterio, the Italian architect who has handled the architectural and interior design aspects of all the Bulgari Hotels worldwide added: “I am honored to work with such great brands that are recognisable on both the international and regional level.
“Our seamless collaboration with the two esteemed groups has allowed us to perfect all aspects of the design, to transform both visions into reality and I am proud to present to you a glimpse of what is to come.”
The operator already has hotels in Bali, London, and Milan and is developing properties in Shanghai and Beijing, both of which are to open in 2017, in the same year as the Dubai resort.