Full steam ahead for Deira Islands as Nakheel approve new mall
What’s On has details of a new shopping mall in Dubai, announced by Nakheel, called Deira Islands Mall which will be on the Deira Islands development.
Nakheel’s resurgence is continuing apace with the latest announcement of a new addition to their portfolio. And you guessed it, it’s another shopping mall.
The developer have awarded a Dhs40 million contract to RSP Artchitects, Planners and Engineers to create a 620,000 square metre retail, dining and entertainment hub at Deira Islands, a new 15.3 square kilometre waterfront destination in Old Dubai.
They are same design consultant for Nakheel Mall on Palm Jumeirah, with the project joining Dragon Mart, Ibn Battuta, two major malls at Jumeirah Village and neighbourhood shopping centres around the Emirate in Nakheel’s portfolio.
It was announced earlier this month that Nakheel had paid back their bank debts four years ahead of schedule, and were pressing ahead with some, not all, of the projects that were temporarily shelved in the wake of the financial crisis. One of those not seeing any further development for now at least, os Palm Jebel Ali.
However, Deira Islands is in full swing. The development will add a further 40km – 21km of which will be beachfront – to Dubai’s coastline, spread across four islands. As well as properties and retail, including the mall announced today, the new waterfront city will included a night market, hotel, amphitheatre for 30,000 people and a marina big enough to accommodate large yachts.
Only last week a new ‘ultra-luxury’ resort off the coast of Dubai was given the green light by ruler Sheikh Mohammed bin Rashid Al Maktoum. In what is the fifth phase of the Jumeirah Beach Hotel expansion plan, the new space will feature 350 rooms, spas, health clubs, sports facilities and numerous retail, food and beverage spots.
Slated for completion in 2018, the resort will boast stunning beachfront views of the iconic Burj Al Arab, while part of the plans also include expansion of the existing yacht marina to almost double its current size.