Dubai, UAE: Kerzner International (Kerzner) and Assets Group announced the signing of a development agreement for Atlantis, The Royale – Maldives, a new luxury destination within the Atlantis brand. Located in the South Malé Atoll of the Maldives archipelago, the project is scheduled to open in 2029 and will be an exceptional addition to the world of luxury hospitality.

His Excellency Mohammed Al Shaibani, Managing Director of Investment Corporation of Dubai and Chairman of Kerzner International, said: “The signing of the Atlantis The Royal Maldives project marks a significant milestone in Kerzner International’s journey of growth and diversification, built on collaboration and a shared vision. What began as a bold ambition in Dubai has now evolved into a global portfolio that redefines luxury hospitality and exceptional destination experiences. This project reflects Kerzner International’s leadership in driving global innovation and inspiring excellence through the development of innovative and pioneering hotel brands in international markets.”

His Excellency added: “Our partnership with Assets brings together two organizations that share ambition and a spirit of innovation, combining Kerzner’s expertise in developing global destinations with Assets’ transformative capabilities in real estate development. Together, we are helping shape the future of tourism through meaningful collaboration that delivers sustainable value to our shareholders, guests, and the communities we serve.”

His Excellency Moutaz Al Khayat, Chairman of the Board of Directors of Assets Group, said: “The Atlantis The Royale Maldives project embodies our vision of shaping the future of destination experiences. Our collaboration with Kerzner International reflects our shared belief that innovation, sustainability, and cultural authenticity can come together to create destinations of lasting global value. As we expand our presence in the luxury and lifestyle sectors, this project underscores our commitment to developing iconic destinations that inspire, enrich, and leave a lasting legacy for generations to come.”

Philip Zuber, CEO of Kerzner , said: “This announcement marks a pivotal moment for both the Atlantis and Kerzner brands. The reopening of Atlantis The Royal in Dubai redefined the standards of ultra-luxury hospitality on a global scale, and with Atlantis The Royal – Maldives, we are not just expanding on that legacy, we are completely reinventing it.”

Zuber added: “In this project, the concept of Atlantis The Royale will be reimagined from a Maldives perspective – in terms of architectural design, conceptual vision, and overall experience – to be in perfect harmony with the surrounding nature. The resort is designed to blend seamlessly into the natural landscape, celebrating the rhythm of the ocean and the beauty of the islands through an environmentally conscious and sustainable vision. Here, innovative design meets the splendor of nature to deliver exceptional and unforgettable experiences, an exciting water park, and the legendary spirit of Atlantis on the shores of one of the most beautiful natural spots in the world.”

His Excellency Ramez Al Khayat, Chairman of Assets Group, said: “This pioneering project reinforces our long-term strategy of developing destinations that elevate lifestyles and deliver sustainable value to the communities we serve. Atlantis The Royale – Maldives will be designed as a family-friendly destination that combines luxury with a spirit of connection, offering unforgettable experiences for guests of all ages. Every element of this project has been developed with a deep respect for nature, with the aim of delivering meaningful and timeless experiences that align with the aspirations of modern travelers. We look forward to realizing this exceptional vision in collaboration with our partners at Kerzner International.”

Located on the coast of Faridhu Faru Island, the resort is surrounded by crystal-clear turquoise waters and soft white beaches that embody the unspoiled beauty of the Maldives. Its strategic location, just a 10-minute seaplane ride or a 25-minute speedboat ride from the international airport, offers guests an immersive experience in one of the world's most beautiful natural destinations.

Atlantis The Royale Maldives will be an iconic and unparalleled leisure destination, spanning two interconnected islands that embody the concept of an integrated tropical paradise, where guests will enjoy exceptional experiences combining luxurious accommodations, outstanding restaurants, entertainment, water attractions and wellness in a perfect balance between luxury and enchanting nature.

The resort will feature two distinct islands – Family Island and Luxury Island – together housing 494 rooms, suites, villas, and palatial residences, all designed to provide unparalleled levels of comfort and refined guest experiences. Sustainability will be a central focus of the Atlantis, The Royale Maldives project, with the aim of protecting the islands' ecosystem and ensuring the long-term sustainability of the natural environment.

This commitment to sustainability will be fully integrated into all phases of the project's development – from design and construction to day-to-day operations – to preserve the beauty of nature and the integrity of the marine environment for future generations, reflecting Kerzner's vision of achieving a perfect harmony between luxury and environmental responsibility.

In a true embodiment of the authentic Atlantis experience, Atlantis The Royal Maldives will feature more than 17 world-class culinary experiences, including the brand’s signature concepts such as Gastronomy, The Royal Tearoom and Ossiano, along with a variety of celebrity chef restaurants, vibrant beach clubs and innovative social dining concepts that reflect the diversity of tastes around the world.

Juan Aguilar, President of Real Estate at Kerzner International, said: “Atlantis The Royale – Maldives represents a bold evolution in the concept of luxury destination development. At Kerzner, we specialize in creating and operating iconic integrated resorts, and this project embodies our continued confidence in the global growth of the Atlantis brand.”

Aguilar added, “We are proud of our partnership with Power International Holdings to bring this exceptional destination to life, a resort that combines the energy, creativity, and legendary spirit that define the Atlantis The Royal brand. With our plans to expand the Atlantis portfolio to include up to ten world-class resorts around the globe, this project represents an exciting new chapter in Kerzner’s pioneering journey in the world of luxury tourism development.”

The legendary Aquaventure brand by Atlantis will take center stage at this resort, featuring the giant Poseidon slide alongside a host of other spectacular water rides and attractions, as well as water sports and exceptional marine experiences such as snorkeling, underwater walking, surfing, and scuba diving. Aquaventure Maldives will also showcase a range of sustainable, native marine life, including the Lost Chambers Aquarium and a marine animal rehabilitation center, all under the umbrella of the Atlantis Atlas Project, which aims to promote environmental sustainability and protect marine life.

As for AWAKEN, Atlantis’ holistic wellness retreat, it will offer a unique wellness concept that includes a dedicated area for botanicals and natural therapies, an integrated spa, a floating platform dedicated to yoga and breathing exercises, a beauty salon, a recovery studio, along with a state-of-the-art fitness center that combines indoor and outdoor spaces, to offer an integrated experience that promotes holistic wellness for body, mind and spirit.

The resort will also include The Avenues area, which brings together the finest international luxury shops, as well as multiple event and meeting spaces, designed to host major gatherings and special occasions in a sophisticated and exceptional atmosphere.

For more details, please visit the website: www.kerzner.com

For media inquiries

Noor Abulaban

971501795917

Nour.aboulaban@lovebylvpartners.com

An overview of Kerzner International:

Kerzner International Holdings Limited, through its subsidiaries, is a global leader in the development and operation of luxury hotel resorts, tourist destinations, and innovative hospitality and entertainment experiences. Its flagship brand, Atlantis, includes Atlantis The Palm and Atlantis The Royal Resort & Residences in Dubai, as well as Atlantis Sanya in China.

Under the One&Only brand umbrella, Kerzner operates a collection of the world’s most luxurious resorts, in Greece, Montenegro, Mexico, Mauritius, the Maldives, South Africa, Dubai, Rwanda and the United States.

Kerzner also launched its revolutionary hospitality brand, SIRO, to cater to the needs of modern travelers who prioritize health and wellness. Currently operating in Montenegro and Dubai, the brand plans to expand soon to Riyadh, Miami, Los Cabos, and Tokyo, further solidifying its global presence in the wellness-focused hospitality sector.

In 2023, the company launched its Rare Finds brand, a collection of resorts that celebrate the spirit of the place and authentic experiences, with the reopening of Bab Al Shams resort in Dubai as the first destination within this distinctive collection.

For more information about our brands, please visit:
atlantis.com | oneandonlyresorts.com | sirohotels.com | rarefindsresorts.com

For more details about Kerzner International, please visit: www.kerzner.com

An overview of the Assets collection:

Assets Group is the fastest-growing real estate development company in the Middle East, with a distinguished portfolio of projects worldwide. The group manages a diverse portfolio of over 8,000 hotel units, including iconic and innovative projects in 10 countries. Its investments span several sectors, including hospitality, residential, retail, healthcare, and commercial projects.

Assets Group is part of Power International Holding, a Qatari conglomerate with a diversified business portfolio that includes the energy, healthcare, oil and gas, real estate, agriculture, food industries, lifestyle, entertainment and hospitality sectors.

For more information, please visit the following websites:

https://assetsgroup.com
https://powerholding-intl.com

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