FINANCIAL NEWS

Dubai-Nakheel gives USD1.14bn deal for Diera Mall

14 Apr 2017

(MENAFN) Dubai-based developer Nakheel awarded an USD1.14bn deal for the building of Diera Mall to the United Engineering Construction Co., a private firm in the UAE.

Furthermore, the building of the new Dh6.1bn Diera Mall project will start in the third quarter of the year and is projected to be finished by 2020.

Additionally, the mall will be at the heart of Nakheel’s Deira Boulevard development, a 5bn dirhams community that covers 16 residential towers.

Nakheel”s other large-scale retail project in the area is the Deira Islands Night Souk, which will feasture 5.300 retail outlets and almost 100 restaurants.

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MENAFN1404201700450000ID1095392016

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