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DUBAI / WAM
Master developer Nakheel on Sunday awarded a contract worth AED595 million for the construction of Nad Al Sheba Mall, its new, 1.4 million square foot shopping, dining and entertainment destination that has a total development value of AED825 million.
Nakheel has appointed Metac General Contracting Company to build the mall, which will have 200 shops, restaurants and entertainment outlets spread across 500,000 sq ft of leasable space. It is due for completion in 2021.
Nad Al Sheba Mall will have supermarkets (Spinneys and Union Co-op), department stores, a multi-screen cinema, medical clinic, fitness centre and a host of restaurants and cafes. Located just off Sheikh Mohammed bin Zayed Road, the mall will be the vibrant centrepiece of Dubai’s Nad Al Sheba district, a well-populated, ever-growing community with over 11,000 high-end villas.
The area includes Nakheel’s own community of 1,572 villas, 468 of which are being built by Metac under an AED781 million contract awarded in 2015.