Abu Dhabi-Mubasher: Dubai-based Nakheel signed a contract worth AED1.5 billion ($408.4 million) with Dhabi Contracting for the construction of its Al Khail Avenue, according to a statement.
The property developer noted that it is adding a 252-room hotel to the retail, dining and entertainment hub.
Construction on the two million square foot complex project in Dubai will begin in early October, with completion expected in Q1-19.
On another note, earthworks at the site - alongside Dubai's Al Khail Road on the edge of the Jumeirah Village Triangle (JVT) community - were completed in June.
