Falconcity Hotels and Resorts, the hospitality arm of UAE-based Falconcity of Wonders, has signed an agreement with global accommodation solutions provider Oakwood Worldwide for hotel and serviced apartments within its multipurpose mega project in Dubai.

The signing was announced on the sidelines of the ongoing Cityscape Global exhibition in Dubai. The project is Oakwood Worldwide’s first undertaking in the UAE.

The new accommodation will be located within the Sam Polaris and Sam Vega Pyramids, which form two out of three pyramids in the Pyramids Park, a part of the Wonders of the World project. It will feature 1,500 and 290 units respectively. Both pyramids will have branded and furnished hotel and serviced apartments with associated leisure, food and beverage (F&B) and retail offerings

Salem Almoosa, chairman and general manager, Falconcity of Wonders, said: “Our latest cooperation with leading global accommodation solutions provider Oakwood Worldwide to operate the hotel and serviced apartments in the Sam Polaris and Sam Vega Pyramids forms part of our continuing efforts to sustain global interest in Dubai’s real estate landscape. It also reflects the confidence of international hospitality players in Falconcity of Wonders’ potential to become a major landmark in Dubai and the region as a whole, presenting an extraordinary investment opportunity for investors looking to own remarkable properties in one of the world’s most popular real estate destinations.” - TradeArabia News Service