Construction halfway at Dubai's $326m Nakheel Mall
The 42ha Nakheel Mall will have five retail levels with 350 shops, restaurants, and leisure attractions spread across 11.1ha of leasable space
Nakheel Mall, located at the heart of Palm Jumeirah, is approaching 50% construction completion mark, the Dubai developer announced.
The $326m (AED1.2bn) mall’s three underground parking levels, with 4,000 spaces, are nearly complete, with the overall superstructure due to be finished in Q3 this year.
Work is also on track on the mall’s VIP entrance and rooftop features, which include two fountains and two waterfalls plunging as far as 65ft into the mall, Nakheel said.
The 42ha Nakheel Mall will have five retail levels with 350 shops, restaurants, and leisure attractions spread across 11.1ha of leasable space.
It is one of several new retail, residential and hospitality developments under construction by Nakheel.
Nearly 60% of shop space Nakheel Mall has been booked, with Waitrose, Vox Cinemas, Adidas, Breitling, French Connection and Montblanc just some of the big names on board.
There will also be a fine dining roof plaza offering panoramic views of Palm Jumeirah, Arabian Gulf and the Dubai skyline.
Alongside Nakheel Mall will be The Palm Tower – Nakheel’s new, five-star, 52-storey hotel and residential complex – for which a separate construction contract was awarded last year.