PHOTO
New 1.2 million sq ft destination in store at growing residential community
Dubai - Nakheel today began leasing at Nad Al Sheba Mall, a new, 1.2 million square foot shopping, dining and entertainment destination at Dubai’s increasingly-popular residential area of Nad Al Sheba.
Nad Al Sheba Mall, part of Nakheel Malls’ AED16 billion expansion, will have 200 shops, restaurants and entertainment outlets including a supermarket, department stores, multi-screen cinema, medical clinic and fitness centre spread across 500,000 sq ft of shop space. Construction is due to begin in Q4 2017, with completion mid-2020.
Located just off Sheikh Mohammed Bin Zayed Road, the mall be the vibrant centrepiece of Nad Al Sheba, a well-populated community with around 11,500 high end villas, mostly occupied by UAE nationals.
The area includes Nakheel’s upcoming Nad Al Sheba community, set in lush grounds spanning 2.5 million sq ft, and featuring 1,500 four and five bedroom homes plus a club house, swimming pool and sports courts. The community also features a 5 km cycling track – the first in Nakheel’s recently-announced AED150 million scheme to bring a 105 km network of bike routes to Dubai.
Nakheel is set to become the region’s biggest retail developer, with 17 million sq ft of leasable space across 18 projects, including large-scale malls, souks and neighbourhood retail Pavilions. Four million sq ft is already operational through Ibn Battuta Mall, Dragon Mart, Golden Mile Galleria and five neighbourhood Pavilions.
For leasing opportunities at Nad Al Sheba Mall, contact Nakheel Malls on +971 390 9999 or email info@nakheel.com
-Ends-
About Nakheel (www.nakheel.com)
Nakheel is one of the world’s leading developers and a major contributor to realising the vision of Dubai for the 21st century: to create a world class destination for living, business and tourism. Nakheel continues to deliver and enhance an iconic portfolio of innovative landmark projects in Dubai across the residential, retail, hospitality and leisure sectors.
Our master developments include Palm Jumeirah, The World, Deira Islands, Jumeirah Islands, Jumeirah Village, Jumeirah Park, Jumeirah Heights, The Gardens, Discovery Gardens, Al Furjan, Warsan Village, Dragon City, International City, Jebel Ali Gardens and Nad Al Sheba. Together, these span more than 15,000 hectares and currently provide homes for over 270,000 people. Nakheel has more than 21,000 residential units under construction or in the pipeline.
Nakheel’s current and future retail project portfolio covers nearly 17 million square feet of leasable space. Developments include Ibn Battuta Mall, Dragon Mart 1 and 2, Golden Mile Galleria, Nakheel Mall, The Pointe, Deira Mall, Deira Islands Night Souk, Warsan Souk, Al Khail Avenue, The Circle Mall and Nad Al Sheba Mall, as well as major extensions to Dragon Mart (renamed Dragon City) and Ibn Battuta Mall. The retail profile also includes several neighbourhood community centres.
Our growing hospitality project portfolio comprises 18 hotels and serviced apartment developments with more than 5,800 rooms between them at various locations in Dubai, including Palm Jumeirah, Deira Islands, Ibn Battuta Mall, Jumeirah Village and Dragon City.
Media contact: Rebecca Rees on +971 4375 9702 (Rebecca.rees@nakheel.com)
© Press Release 2017
