- Broker Directory
- My Tools
- News & Advice
- Market Trends
- Other GN Sites
Nakheel has announced the construction of two shopping malls in Jumeirah Village Triangle (JVT) and Jumeirah Village Circle (JVC) as part of its growing portfolio of retail projects.
A Nakheel spokesman said: ''Retail expansion is key to our business strategy and bringing new services and facilities to our community is one of our top priorities. These new shopping malls will further enhance new Dubai and provide exciting new destinations for Dubai's residents and visitors.''
The 1-million-sq-ft regional shopping mall in JVT will feature a 15-screen cinema, an 80,000-sq-ft hypermarket, an entertainment area, a department store and a selection of retailers, restaurants and cafes. Located on Al Khail Road, the mall will also serve nearby communities such as Al Furjan and Jumeirah Park, as well as Al Barsha and all other surrounding areas.
The 500,000-sq-ft mall in JVC will feature cinemas, a large supermarket and a variety of retailers, restaurants and cafes.
Nakheel said it expects up to 300,000 people to live in the Jumeirah Village communities after all components of the residential projects are completed.
The new malls, for which designers will be appointed shortly, are among several new Nakheel retail projects underway. The company is also building Nakheel Mall on Palm Jumeirah, a new mall on Deira Islands, extensions to Dragon Mart and Ibn Battuta Mall and a number of neighbourhood shopping centres in its communities.
Source: Property Weekly, gulfnews.com