Dubai - Mubasher: Nakheel Properties announced on Monday that construction proposals have been received for Deira Mall, according to a press release.
The project is Nakheel’s new retail, dining, and entertainment hub that will be built at Deira Islands in Dubai.
Three proposals were submitted for the 20 February deadline, with bids starting at AED 4.2 billion, the company said.
With four million square feet of leasable space, and 15.3 square kilometres waterfront master community, the mall will contribute to Dubai’s 2021 vision by transforming the area traditionally known as Old Dubai into a world-class hub for retail, tourism, living, and leisure, Nakheel said in its statement.
Deira Mall will feature over 1,000 shops, cafés, restaurants, and entertainment outlets across three floors, as well as a multi-storey car park with nearly 8,400 parking spaces.
The mall will be the centrepiece of Deira Boulevard, a new AED5 billion Nakheel community with 16 residential towers, almost 2,900 apartments, and extensive retail, restaurant, and recreation space.
Together, the mall and boulevard will have around 4.5 million square feet of shop space. A construction tender for Deira Boulevard was released last month.
