ON THE DEIR ISLANDS IN DUBAI THE LARGEST TRADING AREA IN THE EMIRATE WILL BE ORGANIZED. ALI RASHID LUTA, NAKHEEL CHAIRMAN'S CHAIRMAN, REPORTED THAT THE UPCOMING SHOPPING CENTER ON DEIR ISLANDS IN DUBAI WILL OFFER THE BIGGEST RENT AREA FOR MULTI-PURCHASE RETAILERS. TODAY'S DAY A LEADER FROM THIS POINT OF VIEW IS THE DUBAI MALL WITH 3.77 MILLION SQUARE FOOTS FOR RENT AREA.
"The shopping center on the Deira Islands will become the largest shopping center in Dubai in terms of rented space. We are already at the bidding stage for the project and hope to sign a contract before the end of this year," Luta said. He added that Nakheel aims to open a mall in 2020. The new shopping complex will consist of shopping and entertainment areas, as well as an atrium with a retractable roof. A night bazaar will appear next to the shopping center, which will stretch for almost 2 km along the coastline with 5 thousand pavilions and almost 100 cafes and restaurants. Nakheel is currently focused on developing its retail portfolio. In this regard, along with the launch of new projects, he is also expanding the old ones: Ibn Battuta Mall and Dragon Mart.
