Developers said Monday they will build a $1.4 billion expanse of lavish suites and residences next to the famed Atlantis resort on Dubai's man-made palm-shaped island as part of the emirate's drive to build up tourism revenue.Investment Corporation of Dubai and Kerzner International Holdings, which will manage the 800-room hotel, said The Royal Atlantis Resort and Residences will feature modern architecture that allows for sky-high gardens and private infinity pools overlooking the island and water. There will also be 250 luxury residences in the resort.
Tourism is a major source of revenue for the emirate, which is preparing to host the World Expo in 2020.
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