Nakheel plans two new malls at Jumeirah
Dubai, March 26, 2014
Dubai-based Nakheel, a major real estate developer, will build two new shopping malls covering a total of 1.5 million sq ft in its Jumeirah Village complexes in the emirate as part of its growing portfolio of retail projects.
The regional mall at Jumeirah Village Triangle will feature a 15-screen cinema, an 80,000 sq ft hypermarket, an entertainment area, a department store and a selection of retailers, restaurants and cafes. The mall will serve Nakheel’s communities including Al Furjan, Jumeirah Park, Jumeirah Village as well as Al Barsha area and all other surrounding areas.
The second shopping mall located in Jumeirah Village Circle will also contain cinemas, a large supermarket in addition to a variety of retailers, restaurants and cafes.
Jumeirah village is fast becoming one of Dubai’s most sought after locations with thousands of people already living there and a potential 300,000 people when the project is complete.
A Nakheel spokesman said: “Retail expansion is key to our business strategy and bringing new services and facilities to our community is one of our top priorities. These new shopping malls will further enhance new Dubai and provide exciting new destinations for Dubai’s residents and visitors.”
The new malls, for which designers will be appointed shortly, are amongst several new Nakheel retail projects underway. The company is also building Nakheel Mall on Palm Jumeirah, a new mall on Deira Islands, extensions to Dragon Mart and Ibn Battuta and a number of neighbourhood shopping centres in its communities. - TradeArabia News Service