US$1 billion Deira retail project to be bigger than Dubai Mall

The new US$1.1 billion mega mall planned for the Deira district of Dubai is set to be bigger than Dubai Mall, according to Ali Rashid Lootah, chairman of the development company behind the project, Nakhee

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The new US$1.1 billion mega mall planned for the Deira district of Dubai is set to be bigger than Dubai Mall, according to Ali Rashid Lootah, chairman of the development company behind the project, Nakheel. 

The Deira Islands Mall will be around 600,000 square metres in size, making it larger than the city’s largest shopping centre, Dubai Mall, he revealed this week.

Lootah said Nakheel was currently working on final designs for the mall, which should be put out for tender shortly.

Earlier this month, the master developer announced that it had started work on a $245 million resort and water park at the Deira Islands development.

Infrastructure and coastal works are well under way at the mega project, which will add 40 km, including 21 km of beachfront, to Dubai’s coastline.

Nakheel is also developing Deira Islands Night Souk, among other new attractions at the 15.3 sq km waterfront development. More info

Gemma GreenwoodWritten by:Gemma Greenwood www.traveldailymedia.com 

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