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SKH, Rotana sign Dhs500m agreement
Gulf Today
|November 01, 2025
SKH Private Family Office and Rotana have announced the Dhs500 million acquisition and redevelopment of The Cove Rotana Resort in Ras Al Khaimah.
Under the agreement, SKH Private Family Office will acquire and invest in the comprehensive transformation of the iconic property, while Rotana will re-assume full management and operations for a further 15 years starting December, 1, 2025.
The collaboration marks a new era for one of the emirate's most renowned hospitality landmarks and reflects both parties' confidence in the UAE's thriving tourism and investment landscape.
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