Another Dh3.3 billion worth of shopping and leisure are heading for Dubai's The Palm after Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai gave the go ahead for two major Nakheel developments.
He ordered that the necessary measures to be taken to commence the implementation of The Nakheel Mall project on the beachfront at the bottom of the trunk of the Palm Jumeirah in Dubai at a cost of Dh 2.5 billion.
Sheikh Mohammed also ordered the commencement of The Pointe project, overlooking the Jumeirah Beach hotel and the Atlantis resort at a cost of Dh800million.
Ali Rashid Lootah, the Chairman of Nakheel, briefed Sheikh Mohammed about components of The Nakheel Mall, which stretches over a land area of 1 million square feet, and The Pointe project.
This 136,000 square metre development will be home to shops, restaurants and computerised dancing fountains and will be linked to the Metro.
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