Nakheel starts enabling work for new development
Dubai developer Nakheel has said that AED850m (£186m) of projects are in store for a new residential tower, retail areas, a cinema and car park at Ibn Battuta Mall.
Nakheel has awarded a contract worth nearly AED23m to Dubai-based National Gulf Constructions for enabling works at the site, located on the southern side of the mall.
The development involves a new 55-storey residential tower, 16-screen cinema complex, multi-storey car park and retail expansion. The tower will include 279 apartments, a pool deck and landscaped grounds as well as the retail space and multi-storey car park.
Ibn Battuta Residences 2 will complement Ibn Battuta Residences, Nakheel’s 48-floor twin-building apartment complex, announced last year. The three towers have 810 apartments between them.
The latest phase of Nakheel’s ongoing expansion programme at Ibn Battuta Mall includes 53,000 sq ft of shop space and 625 parking spaces across three levels. The new complex will be linked to Ibn Battuta Residences 2.
The new projects announced today are part of Nakheel’s phased expansion at Ibn Battuta Mall to create a developed area of more than seven million square feet.
Phase one, comprising a 300,000 sq ft retail extension, a 210m link to the Dubai Metro and a 372-room hotel, opened last year. Subsequent phases include a one million sq ft mall featuring a retractable roof for year-round shopping and dining, and a second hotel.
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This article was published on 22 Feb 2017 (last updated on 22 Feb 2017).