Master developer Nakheel today officially signed a contract for the construction of Deira Mall, its new shopping, dining and entertainment destination with a total value of AED4.2 billion – and the biggest mall in the Middle East.
Nakheel confirmed that United Engineering Construction, UNEC, will build the mall, the UAE’s largest in terms of leasable space, under a contract worth AED4.2 billion – one of Dubai’s highest-value construction contracts awarded for a single project of late. Construction will begin in Q1 this year, with completion in 2021.
Deira Mall, part of Nakheel Malls’ AED16 billion expansion that will take its total retail space to over 17 million sq ft, will have more than 1,000 shops, cafes, restaurants and entertainment outlets across 4.5 million square feet of leasable space, and a 3.8 million square feet multi-storey car park with 8,400 parking bays.
The mall’s star attraction, a state-of-the-art, retractable glass roof will bring natural light into the complex and allow for open-air shopping during cooler months.
Nakheel Chairman, Ali Rashid Lootah, said, “Nakheel’s existing and upcoming developments are playing a vital role in delivering the Government of Dubai’s vision. Deira Mall combines cutting edge design, world-class facilities and a stunning location to bring a new dimension to Dubai’s retail sector. With its top-flight shopping, dining and entertainment offering, the mall will provide endless attractions for residents of Deira Islands, the wider UAE community and the millions of tourists who visit Dubai each year.”
Deira Mall will be the centrepiece of Deira Central, Nakheel’s nine million square feet mixed-use community at the heart of Deira Islands, containing 50 residential and hotel towers, retail, mosques and fitness facilities, all set in extensive parkland.
It is one of two large-scale retail destinations by Nakheel Malls at Deira Islands. The other, Deira Islands Night Souk, will be the world’s largest night market, with 5,300 shops and almost 100 quayside cafes and restaurants. Construction is in full swing, with the project due for completion later this year. More
By Media Office Dubai emirates247.com