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Tue 1 Oct 2013 10:37 AM

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Dubai's Nakheel to issue construction tender for $680m Palm mall

The Nakheel Mall and Hotel complex is due to open in 2016 and include a 50-storey hotel

Dubai's Nakheel to issue construction tender for $680m Palm mall
Nakheel banners

Dubai developer Nakheel on Wednesday will float a tender for the main construction of the AED2.5bn ($680m) Nakheel Mall project on Palm Jumeirah.

The 418,000 square metre retail, dining and entertainment complex will be built at the heart of The Palm, at the northern end of the island's trunk.

Ground preparation and piling work on site have already begun and construction is due to start by the end of this year.

The Nakheel Mall and Hotel complex, which is due to open in 2016, will also include a five-star, 50-storey hotel, which will be tendered separately at a later date.

The complex will include five retail levels with more than 100,000 sqm of shop space, three basement parking levels with around 4,000 parking bays, a 1,000 sqm indoor garden and a 180 metre high viewing deck offering views of Palm Jumeirah and the Dubai skyline.

The retail elements will include 200 shops, a 4,200 sqm supermarket, two anchor department stores, a nine-screen cinema and six medical clinics. There will also be a roof plaza with restaurants and cafes as well as a host of eateries inside.

Last month, Nakheel has floated a $680m tender for piling works on the mall.

In February Nahkeel said it had received interest from "global and international" retail operators on taking space within the mall. It is due to be completed in 2016.

Nakheel chairman Al Rashid Lootah said: “Nakheel Mall will bring a new dimension to shopping, dining and leisure in Dubai. It will enhance the services and facilities available to residents of Palm Jumeirah, and provide an exciting new destination for people across the UAE, including the millions of tourists who visit our country each year.”

* Nakheel no longer responds to media enquiries from Arabian Business, nor does it grant this publication access to any of its media events or announcements.


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