The new development – part of Nakheel’s retail expansion strategy – has been endorsed by His Highness Sheikh Mohammed bin Rashid Al Maktoum, vice president and prime minister of the UAE and ruler of Dubai.
Ali Rashid Lootah, Chairman of Nakheel, said: “Nakheel Mall will enhance services and facilities available to residents of Palm Jumeirah, and provide an exciting new destination.”
Construction will start this year, with completion expected in 2016. Nakheel Mall will include almost 100,000 sqm of retail space, 4,000 parking bays, a 1,000 sqm indoor garden and a 180 metre high viewing deck with panoramic views of Palm Jumeirah and Dubai skyline. The outlet will house nearly 200 shops, including a 4,200 sqm supermarket, two anchor department stores, a nine-screen cinema, six medical clinics, an outdoor roof plaza with food and beverage outlets, with additional restaurants and cafes – including a food court – inside the complex.
The project plan also includes a five star hotel – with direct access to Nakheel Mall – featuring 200 rooms, 200 apartments and a rooftop swimming pool, restaurant and lounge.