Dubai developer Nakheel has announced two new shopping malls in its Jumeirah Village community as part of efforts to boost its retail offering.
The malls include a one million sq ft regional shopping mall in Jumeirah Village Triangle and a 500,000 sq ft mall in Jumeirah Village Circle.
The first, located on Al Khail road, will feature a 15-screen cinema, an 80,000 square feet hypermarket, an entertainment area, a department store, retailers, restaurants and cafes, the company said in a statement.
It hopes to attract residents from Al Furjan, Jumeirah Park, Jumeirah Village and Al Barsha.
The second shopping mall located in Jumeirah Village Circle will also contain cinemas, a supermarket, retailers, restaurants and cafes.
Designers for both the projects will be “appointed shortly,” said Nakheel.
The 900-hectare Jumeirah Village community is expected to house over 300,000 people when complete.
A Nakheel spokesman said: “Retail expansion is key to our business strategy and bringing new services and facilities to our community is one of our top priorities.”
The company has been aggressively building its retail portfolio, which currently includes the Dhs2.5 billion Nakheel Mall on Palm Jumeirah, a new mall on Deira Islands, extensions to Dragon Mart and Ibn Battuta and other neighbourhood shopping centres.
Nakheel recently announced that it has been receiving strong retailer support, with 160 bookings confirmed for upcoming retail projects.