The Address Hotels + Resorts, the five star premium global hotel brand has assumed management of the Palace, The Old Town Hotel in Downtown Burj Dubai. The extra addition has increased the number of hotels managed by The Address to four by next year in 2009. These hotels include: The Address, Downtown Burj Dubai, The Address, Dubai Mall, The Address, Dubai Marina and The Palace, The Old Town.

The Palace, The Old Town is built on the edge of a lake in front of Burj Dubai, the world's tallest building and is a harmonious blend of the past and the present. The luxurious 5 star hotel is ideally located within a short distance from all major business and financial institutions, shopping malls and other tourist and local attractions.

With 242 spacious and luxurious guest rooms and 81 suites, a variety of dining options and modern meeting and event facilities, The Palace is truly the centerpiece of The Old Town Island offering a spectacular venue for business or leisure.