The design of the hotel aims to incorporate traditional Arabian elements such as the grand dome and 114 smaller domes spread over the building. The colour of the building aims to reflect different shades of sands found in the Arabian Desert. Construction started in December 2001, with the hotel opening its gates in February 2005.

Emirates Palace consists of 394 residences, including 92 suites and 22 residential suites. The residences are spread over two wings as well as a primary central building. The penthouse floor has six Rulers' Suites which are reserved exclusively for dignitaries, such as royalty.

The facilities include 2 spa facilities, over 40 meeting rooms, a 1.3 km long beach, a marina, 2 helicopter landing pads, a ballroom that accommodates up to 2500 people, various luxury shops and international restaurants.