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IFA plans Dubai property

POSTED 08 Jun 2007 . BY Sarah Todd

IFA Hotels & Resorts is to build a resort in Dubai called the Kingdom of Sheba.

The development will consist of five separate elements, each influenced by classic Arab architecture: residences, hotel, private residency club, vacation club and a retail plaza.

All properties in the Kingdom of Sheba will be managed and run exclusively by Fairmont Hotels & Resorts, while luxury facilities at the resort will include a private beach and large spa.

The combined value of the resort will be in excess of US$1bn (0.74bn euro, £0.5bn) and it will be completed by 2010.

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