Dubai - Mubasher: Nakheel is adding to its AED 16 billion retail project portfolio a new mall at Nad Al Sheba, according to a statement.
Nakheel now has almost 17 million sq ft of retail space in operation or in the pipeline.
The new project is a 1.2 million square foot entertainment hub that will have 500,000 sq ft of retail space, the company said, adding that a construction tender is expected to be released in Q4 2016
“Nad Al Sheba Mall is the latest addition to our rapidly-expanding retail project portfolio, which will see the delivery of 13 million sq ft of leasable space in the next three to five years, adding to the four million sq ft already in operation,” according to Nakheel Chairman Ali Rashid Lootah.
