Dubai – Mubasher: Nakheel officially announced on Sunday opening Al Furjan Pavilion, the latest project in its AED 16 billion retail expansion and the fourth in its growing collection of community retail centres.
Al Furjan Pavilion is also the fifth Nakheel Malls project to open this year, with a development value of AED 110 million, to bring the company’s 2016 retail project delivery value to more than AED 1.5 billion, according to a press release.
The first of two pavilions located at the southern end of Al Furjan is stretching across 87,000 square feet of leasable space.
“Al Furjan Pavilion is the heartbeat of this vibrant community. What better way to end the year than to celebrate this latest milestone for our retail business and for Al Furjan investors and residents?” Nakheel chairman, Ali Rashid Lootah, said.
Nakheel launched other retail projects during 2016 included Dragon Mart 2, Ibn Battuta phase one extension and Metro link, Club Vista Mare on Palm Jumeirah and International City Pavilion.
Al Furjan, one of Nakheel’s most popular and fastest-growing communities, is already home to more than 5,000 people, with a projected population of over 65,000 when complete.
