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Nakheel to work on a new AED 850 million worth of projects at Ibn Battuta Mall

New development includes new residential, retail and entertainment areas

| | Feb 15, 2017 | 4:11 pm
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Dubai, UAE: Master developer, Nakheel has announced beginning work on a new 55-storey residential tower, 16-screen cinema complex, multi-storey car park and retail expansion — with a combined total project value of AED 850 million — at Ibn Battuta Mall in Dubai.

According to the announcement, the company has awarded a contract worth nearly AED 23 million to Dubai-based National Gulf Constructions for enabling works at the site, located on the southern side of the mall, adjacent to The Gardens community.

The company said that its latest expansion includes:

  • A 55-floor residential tower with 279 apartments, pool deck, landscaped grounds, retail space and multi-storey car park
  • A 16-screen dine-in cinema complex, with its own multi-storey car park with almost 1,400 spaces, directly linked to the mall
  • A retail expansion with 53,000 square feet of shop space and over 600 new parking spaces

Ibn Battuta Residences 2, the residential tower, will have 108 two-bedroom and 171 three-bedroom apartments, available for lease, plus ground floor retail facilities; in addition to being directly connected to the mall and its 400 shops, restaurants and entertainment facilities.

 


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