10 November 2015
Nakheel Chairman first customer at 100,000 sq ft superstore

Dubai - Nakheel Chairman Ali Rashid Lootah was the first customer through the doors of Dragon Mart 2's new Géant hypermarket when it opened for business today (Tuesday).

The 100,000 square foot superstore is among 500 new shops, restaurants and entertainment outlets at Dragon Mart 2, Nakheel's, AED1 billion, 1.9 million sq ft extension to the original Dragon Mart retail complex.

"Dragon Mart has gone from strength to strength since it opened in 2004. Our extension has doubled the size of this hugely popular trade and consumer hub, which already welcomes an average of 65,000 visitors a day, and up to 80,000 at peak times. I am delighted that Géant, a long-standing retail partner for Nakheel, has chosen to be part of Dragon Mart's amazing, ever-evolving success and growth," said Ali Rashid Lootah, Nakheel Chairman.

            Mark Anthony Lack, Chief Operating Office, Géant Middle East, said: "Dragon Mart is an ideal location for a Géant Hypermarket, with the densely populated International City community and other upcoming developments on its doorstep.  Géant is the first retailer in the area to offer such a vast collection of food, electronics, household goods, clothing and other items under one roof. We look forward to a flourishing future here at Dragon Mart."

            Géant outlets feature at a number of Nakheel retail developments in Dubai, with the largest, at 160,000 sq ft, at Ibn Battuta Mall. Others can be found at Nakheel's retail Pavilions at Discovery Gardens and Jumeirah Park, with two more signed for Nakheel's upcoming retail centres at Badrah and Al Furjan West.   

The two-storey, 500-outlet Dragon Mart 2 has a 12-screen Novo Cinema complex, a food court and a separate dining terrace offering a range of indoor and outdoor dining options.  Some stores are already operational, with the rest due to open shortly. The complex also has a new multi-storey car park for around 2,000 vehicles and a 240-room hotel, opening soon.

Dragon Mart 2 forms part of Nakheel's sprawling Dragon City master community, announced earlier this year.  Spanning more than 11 million sq ft, Dragon City is a giant retail, residential and leisure destination that is big enough to house 145 international football pitches.

Dragon City includes another mall with 1.3 million sq ft of leasable space, a car park with 6,200 spaces, a twin-tower residential complex with 1,120 apartments and a second hotel, with 250 rooms.

-Ends-

Media contact:  Rebecca Rees on +9714 375 9702 (rebecca.rees@nakheel.com)

About Nakheel:
Nakheel is one of the world's leading developers and a major contributor to realising the vision of Dubai for the 21st century: creating 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.

Nakheel's master developments in Dubai 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 Community. Together, these span more than 15,000 hectares and currently provide homes for over 200,000 people.  Nakheel has nearly 21,000 residential units under construction or in the pipeline.

Nakheel's growing retail project portfolio comprises large-scale destination developments at various locations in Dubai, including Nakheel Mall, Deira Mall, Deira Islands Night Souk, Warsan Souk, Al Khail Avenue, The Circle Mall and The Pointe at Palm Jumeirah; major extensions to Dragon Mart (renamed Dragon City) and Ibn Battuta Mall; and several neighbourhood community centres. Our existing and pipeline retail projects cover more than 13 million square feet of leasable space.

Nakheel is also developing hotels at various locations in Dubai, including Palm Jumeirah, Deira Islands, Ibn Battuta Mall and Dragon City.

www.nakheel.com

© Press Release 2015