Kleindienst Group launches a $6B expansion plan for "The Heart of Europe" in Dubai, adding 5,000 luxury hotel rooms to boost tourism and hospitality.
Kleindienst Group, the developer of “The Heart of Europe” project on the World Islands of Dubai, has revealed a $ 6 billion expansion plan. This plan includes 5,000 more five-star hotel rooms in Dubai's ever-growing hospitality market. With Dubai’s current five-star hotel room inventory at approximately 52,750 rooms, this expansion will increase the total by 10%.
LEADING DUBAI’S FIVE-STAR HOSPITALITY MARKET
The expansion of Kleindienst Group will cement its position as the largest five-star hotel developer in Dubai. This growth draws attention to the vital role it plays in contributing to the growth of Dubai as a top global tourism destination. The new hotels aim to enhance Dubai's appeal to luxury travellers worldwide. So, this expansion represents a major development in Dubai's hospitality sector.
Recently, the company reached a 20% construction milestone on London Hotel, a project worth AED 500 million. London Hotel combines British elegance with sustainable features. It offers guests a unique blend of classic heritage and modern innovation, bringing a distinctive touch to Dubai’s luxury hospitality scene.
EXPANDING “THE HEART OF EUROPE” PROJECT
Kleindienst's plan for the “The Heart of Europe” spans across six islands. This includes more than 20 hotels and resorts, adding 5,000 luxury rooms. This extensive network of hotels will stand out in Dubai’s real estate and tourism landscape. By creating this network of hotels on the World Islands, the Kleindienst Group enhances its presence in Dubai’s high-end luxury tourism sector.
ALIGNING WITH DUBAI’S LONG-TERM VISION
Josef Kleindienst, the founder and chairman, says this project aligns with Dubai’s long-term goals. This expansion "reinforces our commitment to cementing Dubai’s position as the world’s leading luxury tourism destination," he said. Kleindienst Group’s strategies also match the Dubai 2040 Urban Master Plan. The company focuses on sustainable and innovative developments. It also supports Dubai’s Economic Agenda ‘D33.’ This agenda aims to grow tourism with high-quality infrastructure and attractions.
A STRONG INVESTMENT OPPORTUNITY
The Heart of Europe project offers secure, flexible options for investors. The investment plan promises a 100% return over 12 years. This makes it appealing to those seeking long-term value and stability. Dubai’s tourism appeal, combined with high rental yields, offers a lucrative opportunity for investors.
DUBAI’S GROWING HOSPITALITY SECTOR
As Dubai grows as a global tourism hub, projects like Kleindienst’s play a vital role. The extra hotel rooms will attract more tourists and also support Dubai’s economy and job market. By combining luxury, sustainability, and cultural diversity, Kleindienst Group enhances Dubai’s global tourism standing.
With this expansion, Kleindienst Group sets a high bar for luxury and innovation in Dubai’s hospitality sector. This project shows the company’s vision and Dubai’s commitment to a vibrant, sustainable, world-class tourism industry.
Ryan Keeler | Nov 14, 2024
