Galadari Investments LLC, a prominent development firm in the UAE, is planning to invest in a Dh1.2 billion hospitality project, The Palaces Hotel & Resort at the Bawadi boulevard, the Dh100 billion hospitality & tourism project by the realty developer, Tatweer, emerging in Dubai.

Ziad Galadari, Chairman of Galadari Investments LLC said: “The Palaces Hotel and Resort is a unique project, one of the biggest and most prestigious in our portfolio of real estate developments. Visitors will be transported back to an era of old world elegance, while still enjoying the highest international standards of service and modern facilities”

Comprising 1000 rooms, fine dining restaurants & lifestyle shops, The Palaces Hotel and Resort is inspired by palaces like the Chateaux de Versailles, Buckingham Palace and the Taj Mahal. Palaces Hotel & Resort is Bawadi’s 3rd development agreement. It has previously signed with Zabeel Investments, the developer of America Hotel & Resort, and with Gantoot Star, the developer of Pirates Cove Hotel & Resort. All its agreements have been signed in less than 1 month.