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Metac wins $162m contract to build Nakheel mall in Dubai

Nakheel's 13ha Nad Al Sheba Mall, worth $224.6m, will be developed by Metac General Contracting

Metac has been named to build Nakheel's Nad Al Sheba Mall in Dubai.
Metac has been named to build Nakheel's Nad Al Sheba Mall in Dubai.

Metac General Contracting has been awarded a $162m (AED595m) contract to build a Nakheel mall in Dubai.

Nakheel's 13ha Nad Al Sheba Mall, worth $224.6m (AED825m), will be developed by Metac through the contract.

READ: Nakheel reportedly in talks to build new UAE malls

Comprising 200 shops, restaurants, and entertainment outlets across 4.64ha of leasable space, the mall is due to complete in 2021. 

A Spinneys and a Union Co-op unit each, in addition to a multi-screen cinema, will also be developed within the mall, located off Sheikh Mohammed Bin Zayed Road. 

READ: Nakheel to expand outside Dubai with $20m Sharjah retail centre

Metac is already building 468 out of Nakheel's 1,572 villas in the community, through a $212.6m (AED781m) contract it won in 2015. 

Nad Al Sheba Mall is part of Nakheel Malls' $6bn (AED22bn) expansion plan, which is expected to raise its total retail space to 158ha, Dubai Media Office reported

 

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