By Staff writer
Largest Chinese trading hub outside mainland China to be transformed into giant retail, residential and leisure destination
More details were revealed by Nakheel on Wednesday about new Dubai retail, residential and leisure developments - with a combined built up area of over 23 million square feet.
The projects, which were endorsed by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Tuesday, will cover Deira Islands, Ibn Battuta Mall and Dragon Mart.
The projects include a 6.5 million sq ft residential, retail and hotel extension for Dragon Mart that will bring the total size of the Dragon Mart complex to around 11 million sq ft.
Nakheel is also planning a new, 4.7 million sq ft complex at Ibn Battuta Mall, including a one million sq ft mall, new cinema complex, multi-storey car park, hotel and glass-covered courtyard.
The third project features a 12 million sq ft, 16-tower community at Deira Islands with a 4.9 million sq ft mall, over 2,400 homes and extensive parkland.
Dragon Mart, already the largest Chinese trading hub outside mainland China, is to be transformed into a giant retail, residential and leisure destination, called Dragon City, Nakheel said.
The expansion includes a 2.2 million sq ft retail component with nearly 1.3 million sq ft of leasable space including a showroom-style area for events and exhibitions, as well as an integral car park with over 6,200 spaces.
The new Dragon Mart extension also has a two-tower residential component with 1,120 one and two bedroom apartments, and a separate, 250-room hotel.
This new expansion project complements the existing, 2.95 million sq ft Dragon Mart extension which includes a mall, car park and hotel. Dragon City will eventually span 11 million sq ft.
Nakheel's Ibn Battuta Mall - the largest themed shopping mall in the world - is to undergo an extension spanning 4.7 million sq ft. The new complex will feature a one million sq ft retail component with 766,000 sq ft of leasable retail space; a new multi-storey car park for 7,000 vehicles and a four-star hotel with around 370 rooms.
The centrepiece of the extension is a 300,000 sq ft courtyard, featuring extensive green landscaping and a retractable glass roof for year-round shopping and dining.
The new extension is in addition to Ibn Battuta Mall's Phase 2 complex, currently under construction and due to open this year, and will bring the total size of Ibn Battuta to more than seven million sq ft, Nakheel added.
Nakheel also announced a 12 million sq ft retail, residential and leisure development that is set to become the heart of the new, four-island Deira Islands waterfront city.
Deira Islands Mall, Towers and Boulevard will offer shopping and luxury living facilities in a self-sustaining community for 10,000 people that includes around 1.7 million sq ft of green, communal parkland.
The complex includes Deira Mall, which will include 2.9 million sq ft of leasable space and a car park for more than 8,400 vehicles. The mall will be surrounded by the 16-tower Deira Islands Towers community, comprising over 2,400 apartments and townhouses spread over four clusters. The towers will be built atop four podium retail developments with 670,000 sq ft of leasable space.
Integral to the Deira Islands Towers project is Deira Islands Boulevard, a 400,000 sq ft walkable shopping and dining promenade connecting the residences, mall and parks that make up the development. The Boulevard will have around 120 outlets.
* Nakheel no longer responds to media enquiries from Arabian Business, nor does it grant Arabian Business access to any of its media events or announcements.