Beyoncé, a $100k-a-night suite and a red carpet of influencers: Dubai basks in its booming economy

A concert, which took place over the weekend, was the grand finale event of Atlantis The Royal's "grand reveal," whose 1,500 guests included model Kendall Jenner, rapper Jay-Z and a host of other influencers, socialites and royals.

Beyoncé was performing her first live concert in more than four years at a private event for the opening of Atlantis The Royal, a $1.4 billion luxury hotel and residential project eight years in the making, located on the outer ring of Dubai's Palm Jumeirah, a man-made beach archipelago in the Arabian Sea.

Atlantis The Royal's launch is itself somewhat symbolic of Dubai's meteoric economic recovery since the coronavirus pandemic and the emirate's drive to become one of the world's top three destinations for tourism, luxury and business. "We have ambitious growth targets for the sector over the next ten years," Sheikh Mohammed bin Rashid, the ruler of Dubai, said in a statement after touring the property. "The UAE and Dubai seek to build on their deep partnerships with the private sector to strengthen the country's status as the world's most popular destination for international tourists."

"With an uncertain global economic outlook, possibility of recession and a buoyant property market, it's natural to ask whether history is repeating itself with the opening of Atlantis The Royal," he told CNBC.

She didn’t pay a dime to stay there of course. It was part of the deal I bet. Only suckers pay at places like this.

Nice life if you can get it.

Plastic dump

Disgusting display of solid gold hypocrisy

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