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DUBAI, UAE-MGM Mirage Hospitality and Pearl Dubai FZ LLC have plans in place to build a Bellagio, MGM Grand and Skylofts hotels here at the $4 billion development dubbed Dubai Pearl. As a result of the partnership, the first MGM Mirage hotel will rise up in Dubai.

“Our alliance with MGM MIRAGE reflects our commitment to forging world-class partnerships with premium brands that are renowned for their 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 Bellagio hotels, a 350-room MGM Grand hotel and a 30-suite Skylofts hotel. Pearl Dubai FZ will own and pay for the construction. MGM will be the property manager for all three facilities.

“Dubai Pearl is a product born out of enhanced creativity and imagination, and our properties will inspire travelers and residents with a sense of livable luxury that infuses energy and excitement with sophisticated service,” says Gamal Aziz, president and CEO of MGM MIRAGE Hospitality.

Dining, entertainment, spa and convention elements will also be included in the design of the hotels. Additionally, the Dubai Pearl project already includes or has plans for retail, residential and leisure assets, including a 2,000-seat performing arts theatre. “The project’s entertainment elements will help complete the vision of making the Dubai Pearl a true landmark that will deliver an unforgettable experience through its diverse components and unmatched services,” Ismail says.

The Dubai Pearl project initially took flight at the end of 2007, when a group of investors led by the Al Fahim Group purchased the area and repositioned the proposal to better suit the growing cultural hub of Dubai. At the time, Abdul Majeed Al Fahim, chairman of the Board of Directors, said, “Dubai is growing at an unprecedented pace, and Dubai Pearl will be a unique addition to the emirate’s real estate landscape. In raising the industry’s bar of excellence, Pearl Dubai is determined to drive Dubai’s sustainability vision.”

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