Developer delivers retail projects worth over AED1.5 billion in 2016

Dubai, 18 December 2016

Nakheel today officially opened Al Furjan Pavilion – the latest project in its AED16 billion retail expansion and the fourth in its growing collection of community retail centres.

With a development value of AED110 million, Al Furjan Pavilion is the fifth Nakheel Malls project to open this year and brings the company’s 2016 retail project delivery value to more than AED1.5 billion.

The first of two Pavilions at Al Furjan and the fourth in Nakheel’s growing collection of neighbourhood retail hubs, the centre has 24 shops, restaurants and services across 87,000 sq ft of leasable space, plus a car park for more than 300  vehicles. Retailers include a Spinneys supermarket, 10 food and beverage outlets and a wide variety of shops selling everything from books to beauty services. In addition, a medical centre and branch of the Jebel Ali Village Nursery will open soon.

Located at the southern end of Al Furjan, the complex also features a sports and recreation hub with a restaurant, swimming pool, sports court and gym, scheduled to open by the end of Q1 2017.  Nakheel is also set to build a mosque at the Pavilion, with construction starting next year.

Nakheel Chairman Ali Rashid Lootah, one of the first customers through the doors at Al Furjan Pavilion today, said: “2016 has been a momentous year for Nakheel Malls, with AED1.5 billion worth of projects and over 1.5 million sq ft of retail space delivered. Al Furjan Pavilion is the heartbeat of this vibrant community, providing residents with somewhere to shop, dine, socialise, relax and keep fit, all in one convenient location.  What better way to end the year than to celebrate this latest milestone for our retail business and for Al Furjan investors and residents?”

Other retail projects opened by Nakheel 2016 are Dragon Mart 2, Ibn Battuta phase one extension and Metro link, Club Vista Mare on Palm Jumeirah and International City Pavilion. 

A second Nakheel Pavilion at Al Furjan, including a mosque for 500 people, is also under construction, with anticipated completion in Q1 2017.  Located on the western side of the community, it will contain around 35 shops, restaurants and cafes, plus a gym and nursery.

Other Nakheel Pavilions open and operational can be found at Jumeirah Park, Discovery Gardens and International City, with more on the way at Jumeirah Islands and Badrah.

Al Furjan, one of Nakheel’s most popular and fastest-growing communities, is already home to more than 5,000 people, with a projected population of over 65,000 when complete.

-Ends-

Media contact: Rebecca Rees on +971 4 375 9702 (rebecca.rees@nakheel.com )

The full list of retailers at Al Furjan Pavilion is:

Shops/services:  Spinneys, Super Trim, Tips & Toes Beauty Spa, Shima Beauty Lounge, Life Health and Wellness, Al Ghurair Exchange, Champion Cleaners, Hallmark, New Era Bookshop, Al Jabar Optical, Life Pharmacy, Du, Medi Centres Polyclinic, Jebel Ali Village Nursery, V Perfumes

Cafes and restaurants:  Costa Coffee, Oregano, French Bakery, Gloria Jeans, Jugo Juice, Baskin Robbins, Which Wich, Al Arrab, Bikanervala, McDonalds

About Nakheel: 
Nakheel is one of the world’s leading developers and a major contributor to realising the vision of Dubai for the 21st century: to create a world class destination for living, business and tourism. Nakheel continues to deliver and enhance an iconic portfolio of innovative landmark projects in Dubai across the residential, retail, hospitality and leisure sectors.

Our master developments include Palm Jumeirah, The World, Deira Islands, Jumeirah Islands, Jumeirah Village, Jumeirah Park, Jumeirah Heights, The Gardens, Discovery Gardens, Al Furjan, Warsan Village, Dragon City, International City, Jebel Ali Gardens and Nad Al Sheba.  Together, these span more than 15,000 hectares and currently provide homes for over 270,000 people. Nakheel has more than 21,000 residential units under construction or in the pipeline.

Nakheel’s current and future retail project portfolio covers nearly 17 million square feet of leasable space.  Developments include Ibn Battuta Mall, Dragon Mart 1 and 2, Golden Mile Galleria, Nakheel Mall, The Pointe, Deira Mall, Deira Islands Night Souk, Warsan Souk, Al Khail Avenue, The Circle Mall and Nad Al Sheba Mall, as well as major extensions to Dragon Mart (renamed Dragon City) and Ibn Battuta Mall.  The retail profile also includes several neighbourhood community centres.

Our growing hospitality project portfolio comprises 16 hotels and serviced apartment developments with more than 5,200 rooms between them at various locations in Dubai, including Palm Jumeirah, Deira Islands, Ibn Battuta Mall, Jumeirah Village and Dragon City.

© Press Release 2016