Dh1.2 billion contract for mall on Palm Jumeirah awarded

Dubai-based developer Nakheel said on Tuesday it had awarded of a contract of over Dh1.2 billion for the construction of Nakheel Mall – a 418,000 square metre retail hub to be built in the heart of Palm Jumeirah, Dubai.

United Engineering Construction and Actco General Contracting Company were awarded the contract. Construction is expected to begin soon.

Nakheel Mall, where nearly half of available leasing space is already booked, will be constructed by selected business partners – New Mall Limited – through a Build, Operate and Transfer (BOT) mechanism. The project will be managed by Nakheel until the transfer date.

Nakheel Mall will have five retail levels with more than 100,000 square metres of shop space, three basement parking levels with 4,000 spaces, 200 shops, two anchor department stores, a nine-screen cinema, medical centre and fitness complex.

There will also be a roof plaza with fine dining restaurants, as well as a diverse selection of food and beverage outlets inside. The mall is expected to be completed in 2016.

Alongside Nakheel Mall will be The Palm Tower – Nakheel’s new, five-star, 50-storey hotel and residential complex – for which a separate construction contract will be awarded soon.

The Palm Tower comprises 504 luxury residences and a 290-room hotel occupying the first 18 floors of the building. There will also be a rooftop restaurant and infinity pool.

Besides, Nakheel Mall, the developer’s retail portfolio includes The Pointe at Palm Jumeirah, a waterfront shopping and dining complex, a mall and night market at Deira Islands, Dragon Mart Mall and Ibn Battuta Mall.

Nakheel is also building community retail centres at its Jumeirah Park, Al Furjan, Discovery Gardens and International City communities.
 

Dh160mn contract for hotel at Ibn Battuta Mall

Nakheel on Wednesday awarded a contract worth nearly Dh160 million for the construction of a 372-room hotel at Ibn Battuta Mall.

United Engineering Construction (UNEC) was awarded the contract to build the hotel, which will form part of Nakheel’s 28,000 square metre expansion of the Ibn Battuta mall complex.  

The master developer had already signed a management agreement with UK-based Premier Inn to run the hotel, which will be directly linked to the Ibn Battuta Mall and metro station. 

Premier Inn at Ibn Battuta, scheduled to open in 2016, will have a restaurant, Costa coffee shop, swimming pool and gym. Ibn Battuta already has 270 shops, 50 restaurants and a 21-screen cinema.

The expansion will add 150 shops to the complex.  Nakheel is planning nine hotels across Dubai over the next five years.

In April, the developer confirmed that Accor will manage its 250-room hotel at Dragon Mart, due to open this year, and in February, Nakheel launched more than 500 luxury residences at The Palm Tower, its 50-storey, five star hotel and residential complex on Palm Jumeirah. Hotels are also planned for Deira Islands and International City. 

UNEC has also been appointed contractor for extension of Dragon Mart extension.  The 177,000-square metre extension, comprising a mall, hotel and multi-storey car park, will double the size of the existing complex, bringing the total size of Dragon Mart to 335,000 square metres.

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