The Al Habtoor Group, a UAE-based development firm, plans to build a new triple-hotel complex in the heart of the Emirate as part of a $1.3 billion project.

The “Habtoor Palace”. formed of two skyscrapers rising from a five-storey podium base, will see over 1,600 rooms added to Dubai‘s hotel scene.

The rest of the complex is designed as a ‘lifestyle experience,’ Al Habtoor says, with a luxury spa and multiple restaurants and banqueting facilities.

The attraction will also include a huge theater, complete with a hydraulic central stage, water features and movable floors.

A designer shopping arcade and sports academy will top off the project, Al Habtoor says, while 37,000 square meters of gardens will also be included.

Although the project isn’t likely to get underway until later this year and won’t be complete until 2015, concerns have already been raised about the effect of the extra rooms on the Dubai hotel scene, where supply already far outstrips demand.