Image courtesy: www.sheikhmohammed.co.ae
Nakheel to start work on $600m mall
Dubai, February 3, 2013
Dubai's Nakheel will start construction on a Dh2.5 billion ($680 million) mall on the Palm Jumeirah this year, according to a local newspaper report.
Construction of the Nakheel Mall will start following orders from HH Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister and Ruler of Dubai, said the Gulf News report.
Shaikh Mohammad also ordered the start of work on the Dh800 million The Pointe retail project at Palm Jumeirah, said a Wam news agency report.
Shaikh Mohammad's decions followed a recent visit by him to the Nakheel headquarters.
Nakheel Mall will cover over one million square feet and will be located at the top of the trunk in the Palm Jumeirah. RSP was announced as the designer of the mall last year when Nakheel announced plans for the mall, said the report.
The 'Nakheel Mall', with its exquisite view of Al Ittihad Garden and the Atlantis at the Palm Jumeirah will feature a 200-room state-of-the-art hotel, 200 hotel apartments and a restaurant with a panoramic sea view.
'The Pointe,' which is considered a new destination for dining and relaxed entertainment will be located at the tip of The Palm just across the bay from Atlantis. 'The Pointe' is a large scale complex nestled among gardens and the inner calm waters of the bay boasting a combination of bustling retail shops, high end restaurants as well as an exciting mix of cafes and patisseries.
Sheikh Mohammed expressed satisfaction with the new projects and said: "We must continue in the path of excellence... as Dubai always has."