Therme Dubai to Transform Zabeel Park with $544 million Wellbeing Resort

Sector News | Feb 04, 2025 | Zawya

Therme Dubai to Transform Zabeel Park with $544 million Wellbeing Resort

H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum has approved the development of the Therme Dubai project, a significant addition to Dubai's portfolio of tourist attractions. Positioned at Zabeel Park, the Therme Dubai project is planned to span 500,000 square feet, featuring amenities such as natural therapeutic zones and thermal pools to promote holistic wellness. With a construction budget of AED2 billion funded by both local and international partners, the project seeks to align with the Dubai 2040 Urban Master Plan and aims to enhance the emirate's medical tourism sector. Design and development will be carried out in partnership with the Therme Group, a renowned international leader in the wellbeing industry. The project is expected to complete by 2028 and will incorporate sustainable technological advances, offering a wide spectrum of health-focused and recreational facilities.

Sectors

  • Tourism and Hospitality
  • Real Estate Development
  • Healthcare and Wellness
  • Sustainable Technologies

Geography

  • United Arab Emirates – The project is located in Dubai, UAE, and is aligned with the UAE's vision for community well-being and sustainable urban development.
  • Dubai – Dubai is the specific geographic focus where the Therme Dubai project is being developed in Zabeel Park.

Industry

  • Tourism and Hospitality – The article discusses the development of the Therme Dubai project, which is to become a tourist and wellness destination featuring entertainment and medical tourism facilities.
  • Real Estate Development – This sector is relevant as the project involves the construction of a large-scale wellbeing resort integrated into Dubai's urban landscape.
  • Healthcare and Wellness – The project will offer health-focused services aimed at medical tourism, improving healthcare and wellness facilities in Dubai.
  • Sustainable Technologies – The resort aims to use environmentally friendly technologies and sustainable practices, making the sector relevant.

Financials

  • $544 million – The estimated cost of the Therme Dubai project.
  • AED2 billion – The project funding requirement from local and international partners.

Participants

NameRoleTypeDescription
H.H. Sheikh Hamdan bin Mohammed bin Rashid Al MaktoumApprover and Project OverseerPersonCrown Prince of Dubai, he approved the development of the Therme Dubai project.
Therme GroupDeveloper and OperatorCompanyA global leader in wellness resort development, leading the Therme Dubai project.
Mattar Al TayerPresenter of the Master PlanPersonChairman of the Supreme Urban Planning Committee and Director General of Dubai's RTA.
DS+R (Diller Scofidio + Renfro)Architectural FirmCompanyRenowned global architectural firm designing the Therme Dubai.
Liz DillerLead DesignerPersonInfluential figure in cultural spaces, leading the design for Therme Dubai.
Local and International Financing PartnersFinanciersCompanyConsortium of financial entities funding the AED2 billion project.