Dubai’s Nakheel plans $3.81bn projects over next three years
07 March, 2015
Developer Nakheel is planning to implement nearly $4 billion worth of projects in Dubai over the next three years, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Dubai’s ruler and Vice President and Prime Minister of the UAE, was told on Tuesday. Projects include Deira Boulevard and Deira Mall, which will accommodate 3,000 shops, surrounded by about 16 residential towers, offices, four residential complexes and sports walkways, hotels and upscale resorts, recreational and tourist facilities as well as restaurants, cafés and a children’s garden. The mall will feature a glass dome that will be half a kilometre long. Sheikh Mohammed was also briefed about the expansion project of Ibn Battuta, which includes a covered indoor garden, equivalent to four football pitches, and a lobby for restaurant courts, along with a five-star hotel, a cinema and an additional 4,000 vehicle parking spaces.