Dubai Contracting Company (DCC) has won a Dh500 million ($136 million) contract for the construction of a premiere resort hotel development on the trunk of Dubai's Palm Jumeirah.

The five-star hotel will comprise luxurious guest rooms and suites, banquet and meeting room facilities, business centre, health, fitness and spa areas, retails shops and restaurants, basement parking and full landscaping and beach facilities.
Work on the new hotel is in its preliminary stages and is expected to be completed by April 2009.