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The launch event of Bulgari Resort and Residences Dubai was held at Dubai World Trade Centre. The homes will be a part of the 1.7 million square foot Bulgari Resort and Residences development, which will be located on Jumeirah Bay Island, just off the coast of Jumeirah Beach Road. It is scheduled to open in 2017. The Bulgari resort will join the two designer hotels in Dubai, including the Armani Hotel in Downtown Dubai and the Palazzo Versace, which is expected to open in the first half of this year at Culture Village. Bulgari plans to have 12 properties worldwide by 2020, according to Ursini.