Mandarin Oriental Hotel Group has announced that it will manage a second luxury hotel and branded residence in Dubai, with 2020 as the target for opening.

The hotel, located in downtown Dubai, will complement Mandarin Oriental Jumeira Beach, Dubai, the group’s previously announced urban resort, which is currently under construction on the beachfront and due to open in the fourth quarter of 2018.

Both hotels are owned and developed by wasl Asset Management Group.

The hotel will be the anchor of a 63-storey, mixed-use building, to be known as wasl Tower, located on Sheikh Zayed Road.

The property will have direct access to the area’s business and leisure attractions, including Dubai Opera, Burj Park and Dubai Mall.

The downtown Mandarin Oriental hotel will feature 257 spacious and contemporary guest-rooms, suites and serviced apartments, which will be located on floors 16 to 38 of the tower, providing outstanding views over downtown Dubai and the world’s tallest building, the Burj Khalifa. The accommodation will be designed to reflect local culture, with features inspired by Mandarin Oriental’s Asian heritage.

The Group will also manage 144 Residences at Mandarin Oriental, located on the tower’s upper floors, which will provide private homes in the city. The Residences will have their own private access, with dedicated facilities including a Resident’s Lounge, while also benefiting from service and direct access to the hotel.

James Riley, group chief executive of Mandarin Oriental Hotel Group said, “Dubai continues to develop as one of the world’s leading destinations and we are delighted to have the opportunity to operate two luxury hotels in the city. We look forward to collaborating with wasl Group to create a second iconic property and to be extending our brand’s presence in the Middle East.”