Dubai – Mubasher: Nakheel announced on Wednesday that it has begun work on a new 55-storey residential tower, 16-screen cinema complex, multi-storey car park and retail expansion – with a combined total project value of AED 850 million – at Ibn Battuta Mall in Dubai.
Nakheel said that has awarded a contract worth about AED 23 million to National Gulf Constructions for enabling works at the site, located on the southern side of the Ibn Battuta Mall, according to a statement.
The new residential, retail and entertainment development includes a 55-floor residential tower with 279 apartments, a 16-screen dine-in cinema complex and a retail expansion with 53,000 square feet of shop space and over 600 new parking spaces.
The new projects announced today are part of Nakheel’s phased expansion at Ibn Battuta Mall, the statement added.
