Omniyat Properties signs Mövenpick Hotels & Resorts for 'The Square'

Mövenpick Hotels & Resorts will operate the 180 premium serviced apartments at "The Square", Omniyat's first mixed-use integrated community development, set to become a stylish low-rise fully integrated community complex with an Arabesque flavor located in the lush surrounds of Al Mamzar (Deira), Dubai.

Omniyat Properties President and Chief Executive Officer Mehdi Amjad said the famed Swiss hotel group has perfect synergies for The Square development to extend the high-level of service offerings to residents.

"With Mövenpick Hotels & Resorts renowned customer service standards and Omniyat Properties quality guarantee and attention to details, The Square serviced apartments are set to offer the optimum lifestyle experience," Mr. Amjad said.

"Our partnership with Omniyat Properties will add another dimension to our portfolio in the region and we look forward to being part of The Square development because of its superb location and accommodation options," said Andreas Mattmuller Senior Vice President Middle East & Asia for Mövenpick Hotels & Resorts."

The serviced apartments are being developed as a part of Phase Two of the complex and will cater for both long and short-term living as well as for holidaymakers to Dubai. The Square will reflect a self contained neighborhood melding a mix of residential, retail and commercial areas within a tranquil oasis.

With structural construction well underway, Phase One of The Square is due for completion by the first quarter of 2009, with Phase Two following in the second quarter of 2009.