Dubai master developer Nakheel is adding yet another mall to its AED 16bn ($4.35bn) retail project portfolio, with a new mall at Nad Al Sheba.
The developer will build the 1.2 million square foot shopping, dining and entertainment hub at its upcoming Nad Al Sheba community, where 1,500 villas are currently under construction.
Nakheel has appointed global design consultants AE7 to oversee the design, engineering and construction supervision of Nad Al Sheba Mall, which will have 500,000 sq ft of retail space. A construction tender is expected to be released in Q4 2016.
One of 15 large-scale existing or forthcoming Nakheel retail projects, Nad Al Sheba Mall will feature around 200 shops, restaurants and entertainment outlets including a supermarket, department stores, multi-screen cinema, medical centre and fitness centre.
Spanning 2.5 million square feet, with extensive landscaping and parks, the Nad Al Sheba community includes 1,500 four and five bedroom homes for lease as well as a club house, community swimming pool, sports courts and, now, the Nad Al Sheba Mall.