Nakheel to build new Dubai community centre

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Dubai developer Nakheel is to construct a new, 11,000 sq m community centre at International City as part of its growing portfolio of retail projects.

The new facility, located on the southern side of International City, will contain a supermarket, convenience stores and a selection of restaurants and cafes.

Nakheel said in a statement that it has appointed Dubai-based Arif and Bintoak Consulting Architects and Engineers for the design and supervision of the project, which is expected to be delivered in mid-2015.

A Nakheel spokesman said: "We continue to enhance and improve our communities with facilities that people want - and need. This new community centre will be a welcome addition to International City, providing a much needed neighbourhood venue for convenience shopping, dining and social interaction."

Two other Nakheel community centres, currently under construction at Discovery Gardens and Jumeirah Park, are due to open in early 2014. Both are 100 percent leased.

The developer added that it is also currently evaluating other locations for further neighbourhood centres.

Last month, Nakheel said it made a first-half net profit of AED1.2bn ($327m), up 57 percent on the same period last year.

Revenues for the first half of the year stood at AED4.23bn, up 36 percent, the company said in a statement.

It added that the results "demonstrate the continuing growth and strengthening of the real estate market in Dubai and the return of investor confidence and trust".

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Posted by: Sheikha

This is just a joke! why would Nakheel start building community centres when they barely finish any of the other projects they start. I have been living in JVC for 2 years and am still waiting for some grass and supermarkets.
Why does the govenment not regulate this construction companies and enure that they HAVE to complete projects as per the master plan.

Posted by: Mark Renton

Note to Nakheel: the "facilities that people want and need" are:

- Properties constructed according to the plan and handed over on time
- Projects that are not progressing cancelled and refunded in full + interest with no funny business
- Facilities promised in the master plan actually completed and operational
- Transparent service charges, and Community management handed over to Owner's Associations at the earliest opportunity.

Once these things are done you can brag about giving your owners and residents what they want. A few extra shops and cafes isn't going to cut it.

Posted by: Mark X

A Nakheel spokesman said: "We continue to enhance and improve our communities with facilities that people want - and need. "

The mind Boggles !!!!!!!!!!!!!!!!!!!!!!!!!!

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