UNEC awarded $1.14bn Deira mall construction contract by Nakheel
Leading Middle East property developer Nakheel has announced that it has contracted United Engineering Construction (UNEC) to carry out the construction of Nakheel’s Dubai-based Deira Mall for AED4.2bn ($1.14bn).
The Deira mall has a total development value of AED6.1bn, with the complex featuring extensive shopping, dining and entertainment facilities set to make it the largest mall in the Middle East once complete.
The mall, of which construction is forecast to complete in 2021, will boast of an innovative retractable glass roof, allowing for natural light and fresh air to enter the complex freely.
“Deira Mall combines cutting edge design, world-class facilities and a stunning location to bring a new dimension to Dubai’s retail sector,” said Nakheel Chairman, Ali Rashid Lootah.
“With its top-flight shopping, dining and entertainment offering, the mall will provide endless attractions for residents of Deira Islands, the wider UAE community and the millions of tourists who visit Dubai each year.”
The mall will become the main attraction of Nakheel’s Deira Central region – a 9mn square foot community at the heart of the Deira islands.
Further construction projects in the area include the development of a number of hotels and resorts, including an 800-room beachfront resort and waterpark that is being undertaken in partnership with Spain’s RIU Hotels & Resorts.