An announcement was made on Sunday by Abu Dhabi National Hotels that it planned to invest some Dh700 million into a five-star resort development project in the Saadiyat Beach district of Saadiyat Island of Abu Dhabi. "This will be a flagship addition to the growing ADNH portfolio," explained Khalifa Nasser Huwaileel Al Mansoori, chairman, of ADNH, according to Gulf News.
The resort will be built on a 807,000 square foot plot of prime beach front land.