Atlantis, The Palm, opened on 15 September 2008 as a joint venture between Kerzner International Holdings Limited and Istithmar. In April 2012, Istithmar acquired Kerzner’s 50-percent stake in the property for USD 250 million. The property continues to be managed by Kerzner International Resorts. The architect was design firm Wimberly, Allison, Tong and Goo (WATG) an international firm specializing in Luxury Hotels
The 1,539 room nautically themed resort has two accommodation wings, consisting of the East and the West Tower, linked together by the Royal Bridge Suite. It is complemented by the Aquaventure water park and the Nasimi Beach, which frequently plays host to concerts and other events.