Nakheel has unveiled a range of new retail, residential and leisure developments for Dubai – with a combined built up area of over 23 mln ft² (2.136 m²) at Deira Islands, Dragon Mart and Ibn Battuta Mall.
The projects endorsed by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, will bring a host of additional, world-class facilities for shopping, living, business and tourism to Dubai, in line with the Government’s 2021 vision.
Dragon Mart, already the largest Chinese trading hub outside mainland China, is to be transformed into a giant retail, residential and leisure destination, called Dragon City.
Nakheel’s Ibn Battuta Mall – the largest themed shopping mall in the world – is to undergo an extension spanning 4.7 mln ft² (371,000 m²). The new extension announced is in addition to Ibn Battuta Mall’s Phase 2 complex, currently under construction and due to open this year, and will bring the total size of Ibn Battuta to more than 7 mln ft².
Nakheel announced also a 12 million ft² (1.114 mln m²) retail, residential and leisure development that is set to become the heart of the new, four-island Deira Islands waterfront city.