"Our alliance with MGM MIRAGE reflects our commitment to forgingworld-class partnerships with premium brands that are renowned fortheir operational excellence," says Abdul Majeed Ismail Al Fahim,chairman of Pearl Dubai FZ, in a statement.

Current plans call for the creation of a 250-key Bellagiohotels, a 350-room MGM Grand hotel and a 30-suite Skylofts hotel.Pearl Dubai FZ will own and pay for the construction. MGM will bethe property manager for all three facilities.

"Dubai Pearl is a product born out of enhanced creativity andimagination, and our properties will inspire travelers andresidents with a sense of livable luxury that infuses energy andexcitement with sophisticated service," says Gamal Aziz, presidentand CEO of MGM MIRAGE Hospitality.

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