It says in today's National that they're 95% done and will be open mid-August.

However, rates showing on SPG.com are at AED3,000 + tax. The manager's assertion that they won't be discounting from this $1,000 a night could be somewhat premature, cannot see them sustaining this rate at all. For same dates I checked in October you can get the other Abu Dhabi St Regis at 1300++ on SPG.com and on Beat the Timer at 700++.