Developer partners with Langham Hospitality Group to launch a new luxury hotel in Dubai

Hong Kong: 24 August, 2015

In its continued efforts to strengthen Dubai's status as a global tourist destination, Omniyat, the city's leading privately-held real estate development group that creates livable art, has announced its strategic alliance with Langham Hospitality Group, a leading hotel operator with an extensive network of luxury properties worldwide, to exclusively introduce the prestigious Langham Place Downtown Dubai in Burj Khalifa District.

Located in Burj Khalifa district, Langham Place Downtown Dubai will span a built up area of 680,838 square feet. The AED1 billion project (US$273 million) will comprise the five-star luxury hotel and serviced apartments, adding a total of 438 units to the hospitality sector in Dubai upon completion in 2018.

The signing ceremony between Omniyat and Langham Hospitality Group took place today at a press conference in Hong Kong in the presence of Mahdi Amjad, Executive Chairman and CEO of Omniyat and Dr Lo Ka Shui, Executive Chairman of Langham Hospitality Group.

Mahdi Amjad said: "We are pleased to partner with Langham Hospitality Group to expand our portfolio in the region by introducing a new offering in the market. As a Dubai-based company, we are committed to contributing to the city's definitive skyline with innovative real estate concepts. The launch of Langham Place Downtown Dubai therefore complements the emirate's strategic tourism vision to annually attract 20 million visitors by 2020. By then, Omniyat will have delivered over 1,500 hotel rooms and suites."

Mark Phoenix, Managing Director of Omniyat said: "Omniyat continues to develop projects that appeal to a very niche market segment. Dubai is still receiving demand for premium developments and we expect a strong response to the launch of the serviced apartments that will welcome global investors starting October 13, 2015."

Langham Place Downtown will be located in water front location in the heart of Downtown Dubai, offering spectacular views facing the world's tallest tower, Burj Khalifa, The Dubai Water Canal and the world's most visited attraction, The Dubai Mall. The 167-room hotel will provide easy access to Downtown Dubai, Mohammed bin Rashid City, Business Bay and the upcoming Dubai Design District.

Offering close proximity to Dubai World Trade Centre and Dubai International Financial Centre, the Langham Place Downtown will feature a range of facilities including Michelin Star restaurants, four distinct food and beverage outlets comprising an all-day dining restaurant, a rooftop bar and lounge, and a salon which will serve the brand's signature afternoon tea, and more than 400 square meters of event space for corporate meetings and social galas. For an unrivalled retreat of relaxation, Langham Place Downtown Dubai will also showcase the group's signature spa Chuan Body and Soul. The spa will offer therapies based on the principles of traditional Chinese medicine (TCM) using the five elemental forces of wood, fire, earth, metal and water.

Dr. Lo said: "With Omniyat's vast experience in developing luxury properties with cutting edge architecture and design in Dubai, we are delighted to manage this hotel in such a premium location in this dynamic city. Through this strategic partnership with such a renowned property development leader in the Middle East, we look forward to creating a prestigious luxury lifestyle center that will add to the iconic skyline in Dubai."

The announcement of Langham Place Downtown Dubai brings the total value of Omniyat's portfolio to AED16 million (US$4.4 billion). Launched in 2005, Omniyat's main focus is to generate superior value proposition and yield high returns while delivering projects that cater to the needs of both business and leisure clients. The developer has recently completed its third project in Business Bay, The Binary, and is world renowned for developing the most expensive penthouse in Dubai at a value of AED200 million (US$54.45 million).

For more information about Omniyat, please visit www.omniyat.com or call 800 666. For further information on the Langham Hotels & Resorts, please visit www.langhamhotels.com.

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About Omniyat
OMNIYAT is a Dubai-based, privately-held property development group that is committed to Dubai's vision of leading by design. It builds unique projects, at vantage locations within master communities and employs a consistent, bespoke approach in its project development, design and delivery to generate a superior value proposition in all investment environments. Omniyat specializes in creating large-scale collaborations with globally acclaimed architects, designers, artists and firms, to deliver its high value and desirable projects. Operating out of its headquarters in One by Omniyat at Business Bay, the Omniyat group has delivered projects worth AED 3 billion and has a pipeline of a further AED 13 billion in various stages of planning and development. Some of its prominent projects include The Opus by Zaha Hadid, The Sterling, and ONE at Palm Jumeirah designed by Soma Architects, landscape architecture by Vladimir Djurovic and interiors by Japanese design firm - Super Potato.

About Langham Hospitality Group
As the wholly-owned subsidiary of Great Eagle Holdings, Langham Hospitality Group encompasses a family of distinctive hotels under the Langham Hotels and Resorts, Cordis and Eaton brands with more than 30 projects currently either confirmed or in a developed stage of negotiation from Asia, Europe and North America to the Middle East. The Group takes its name from the legendary Langham in London which was widely recognized as Europe's first Grand Hotel. For 150 years, this flagship hotel has represented sophisticated and gracious hospitality, a philosophy that reflects elegance in design, innovation in hospitality, genuine service and captivation of the senses across all properties.

For further information, please contact:
Mohamed Habra                                                                
APCO Worldwide
Direct: +9714 375 5435                                    
Switchboard: +9714 361 3333                                                        
Fax: +9714 388 8001                                                        
Email: mhabra@apcoworldwide.com

Vivienne Gan
Vice President -  Public Relations
Langham Hospitality Group
Tel:   +852 2186 2308
Email: vivienne.gan@langhamhotels.com

© Press Release 2015