Nakheel receives six bids for Palm Jumeirah mall construction

Bids started at Dh1.18bn for the mall which will be built at the heart of the Palm, with 200 shops, 4,000 parking bays, two anchor department stores.

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Dubai developer Nakheel has now received all tenders for the construction of Nakheel Mall, its Dh2.5 billion, 418,000 square metre retail, dining and entertainment complex on Palm Jumeirah.

Six proposals were received, with bids starting at Dh1.18bn, the company said. A construction contract is expected to be awarded within three months.

Nakheel Mall will be built at the heart of The Palm, at the northern end of the island’s trunk.

Due for completion in 2016, the complex will include 200 shops, 4,000 parking bays, two anchor department stores, a nine-screen cinema and six medical clinics.

There will also be a roof plaza with 12 fine dining restaurants as well as a host of cafes and eateries inside.

Nakheel has also received seven tenders for the construction of 942 townhouses at the proposed Warsan Village gated community near International City, the Dubai developer said.

One of the bids came in at Dh695 million. A construction contract is expected to be awarded this quarter and the townhouses are expected to be completed in about 20 months.

The 47.5-hectare development will also feature a recreation centre, mosque and 250 apartments set above a retail plaza with 365 outlets.

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