Dubai developer Nakheel is constructing a 620,000 square meter mall in its upcoming Deira Islands project, it announced on Monday.
Nakheel also revealed that it has awarded a contract for nearly Dhs40 million to RSP Architects, Planners and Engineers for the design and supervision of the mall, which will have over 200,000 sqm of leasable space with shops, cinemas, cafes and restaurants.
The mall will form one of the core elements of Nakheel’s 15.3 sqkm waterfront destination development, Deira Islands, which will also have a night market, an amphitheatre for 30,000 people and a marina big enough to accommodate large yachts.
Announced during Cityscape in October last year, Deira Islands will add 40km, including 21km of beachfront to Dubai’s coastline and will house hotels, resorts, serviced apartments, mixed-use buildings and waterside homes.
The Deira Islands development is anticipated to accommodate over 357,000 people when completed.
Nakheel, focussed on boosting its retail and hospitality portfolio, is investing Dhs12 billion in new retail and leasing projects and aims to have over 2,900 hotel keys over the next three years.