The Queen has arrived, and the U.A.E. national flag has replaced the British Union Jack- just in time for U.A.E. National Day!
Luxury ocean liner the Queen Elizabeth 2 is undoubtedly a celebrity in old-world shipping circles. Dubai, in keeping with its penchant for flamboyance simply had to acquire the Grande Dame for its shores. What resulted was a deal between Istithma and Cunard, with £50 million filling the latter’s coffers and the liner gracing Dubai’s seas.
Once the luxury liner is renovated and deemed ready for business, investors in commercial property in Dubai can expect their registers to ring with joy. After all, eleven luxury boutiques including a Harrods branch made up the shopping arcade of the QE2 during its 39-year- long career.
Given Dubai’s love for shopping, it won’t be hard to imagine the shopping arcade of the freshly renovated ship, which will then be known as a 7-star hotel. Manfred Ursprunger, the CEO for QE2 Enterprises- a project completely dedicated to the refurbishment of the ship said, “We think that the ship still has another 50 years to go.”
The developers have their sights on retail, residence, entertainment and hotel development and hope to make the QE2 a destination for tourists and residents alike. Its address is going to be at the Palm Jumeirah island.
Do you think U.A.E. commercial properties on board the QE2 will be great for your business? SkyDome Properties can help you out in this area as well as with U.A.E. residential properties on the new QE2.
Image Courtesy: Flickr
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