Nakheel Set To Lease Space At New JV Triangle Mall, Al Khail Avenue

The developer will launch for lease 1.5 million sqft of shopping, dining and entertainment space at the mall from January 18.

Dubai developer Nakheel has announced that it will begin leasing space at its upcoming mall in Jumeirah Village Triangle community from Sunday, January 18.

Featuring a geometric design and a central glass atrium, Al Khail Avenue will offer 1.5 million square feet of shopping, dining and entertainment space, a statement said.

Located along Al Khail Road, the mall will have 350 shops including a supermarket, department stores and speciality outlets, a multi-screen cinema, entertainment zone and a range of cafes and restaurants including al fresco dining.

There will also be a five-level car park for more than 4,400 vehicles.

The mall, first announced during design stage in August 2014, aims to cater to residents of Jumeirah Village, Jumeirah Park and other nearby areas.

Nakheel said it expects to issue a construction tender in Q1 2015, with project completion anticipated in 2018.

Al Khail Avenue is the latest project in Nakheel’s portfolio of retail developments, which includes malls underway at Palm Jumeirah, Deira Islands, Jumeirah Village Circle and Triangle; souks at Deira Islands and Warsan Village; major extensions to Dragon Mart and Ibn Battuta; and several neighbourhood retail centres – the first two of which opened last year.

The company has almost seven million sq ft of leasable area in the pipeline, it confirmed.

Nakheel is also developing hotels at Palm Jumeirah, Deira Islands, Ibn Battuta and Dragon Mart.