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Nakheel is set to embark on a major expansion of its retail operations, doubling the size of both Ibn Battuta Mall and Dragon Mart.
Dubai Mall, the world's biggest shopping and entertainment centre, is set to become even bigger as its developer plans to expand the mall by 1 million square feet.
The Pointe will be constructed at the tip of the Palm's trunk and will face the Atlantis hotel. It will cover 131,000m2 and include 56,120m2 of high end retail shops, and a combination of informal and formal dining, a 34,130m2 promenade, marina with floating pontoons and computerised water fountain set offshore.
Nakheel is looking to draw more tourists and new residents to the Palm Jumeirah with the addition of a new shopping mall.