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September 30, 2013

Nakheel to float tender for Nakheel Mall on Palm Jumeirah in UAE

Real estate developers Nakheel will seek a tender for construction of Nakheel Mall on Palm Jumeirah in UAE.

By admin-demo

Palm mall

Real estate developer Nakheel will seek a tender for construction of Nakheel Mall on Palm Jumeirah in UAE.

Estimated to cost AED2.5bn ($680m) , the 418,000m² mall will be part of Nakheel’s retail expansion strategy and will be built at the centre of Palm Jumeirah, which is at the northern end of the island’s trunk.

Upon completion, the Nakheel Mall will include five levels with 100,000m² of retail space for 200 shops.

A 4,200m² supermarket, two anchor department stores, a nine-screen cinema and six medical clinics will be included in the scheme.

There will also be a roof plaza with restaurants and cafes while inside the facility there will be additional restaurants and cafes including a food court.

The new facility will also feature three basement parking levels, 4,000 parking bays, a 1,000m² indoor garden and a 180m viewing deck.

The project plan also includes a 50-storey five star hotel with direct access to Nakheel Mall. The hotel will feature 200 rooms, 200 apartments and a rooftop swimming pool.

Designed for easy access, Nakheel Mall will have its own Palm Jumeirah Monorail station, and will be directly linked to the Palm’s Marina Residences towers through underground walkways. It will also include a three-level basement car park.

Nakheel’s chairman Ali Rashid Lootah said the mall will bring a new dimension to shopping, dining and leisure in Dubai.
"The new mall will enhance the services and facilities available to residents of Palm Jumeirah, and provide an exciting new destination for people in across the UAE, including the millions of tourists who visit UAE each year," Lootah said.

Construction on the mall will start by the end of 2013 and is expected to complete in 2016.

Image: The Nakheel Mall and Hotel complex will include five retail levels with more than 100,000m² shop space. Photo:Courtesy of Nakeel.

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