Nakheel inks multi-million contracts for Deira Islands Mall and Palm West Beach
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Nakheel has officially signed design and engineering contracts worth AED 46 million for two major developments in its project pipeline: Deira Islands Mall and Palm West Beach.
The deals include a contract for a 620,000 square metre retail, dining and entertainment hub at Deira Islands, Nakheel’s new, 15.3 square kilometre waterfront city in Dubai.
The second contract, worth almost AED 6 million, is for Palm West Beach, Nakheel’s new, 1.5 kilometre beachside park, dining and entertainment complex to be built on Palm Jumeirah’s western trunk.
Tenders for the construction of both projects are expected to be released before the end of 2014.
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