Nakheel confirms leasing of 100 outlets at The Pointe

RetailME Bureau

Dubai-based developer Nakheel has confirmed nearly 100 F&B and retail outlets at The Pointe; it’s new 1.4 million sqft waterfront retail, dining and entertainment complex under construction on Palm Jumeirah.

The Pointe will host well-known regional and international restaurants specialising in cuisines from across the world including Arabic favourite Reem Al Bawadi; Russo’s Italian Kitchen; Leopold’s of London; Baker & Spice; Red Lobster; Longhorn Steakhouse and Olive Garden.

Dozens more, serving everything from steak to sushi and noodles to nachos, are also on board. In addition, Nakheel will have its own food and beverage outlet at The Pointe, adding to its growing number of restaurants and clubs in Dubai.

The Pointe, located at the tip of Palm Jumeirah across the bay from Atlantis, has also signed an array of retail outlets and services including jewellers, fashion stores, opticians and beauty salons. A total of 148 units, covering more than 500,000 sqft, are on offer for lease.

“The Pointe is set to bring Palm Jumeirah alive with spectacular fountain shows, a beautiful promenade and a huge variety of waterfront spots for dining, shopping and leisure. This vibrant new destination will be a major attraction – not only for the island’s residents and tourists but for wider Dubai too,” says Omar Khoory, director of Nakheel Retail.

“Nearly two thirds of the available leasing space at The Pointe is already booked, and we’re signing new deals almost daily as more F&B and retail outlets snap up the opportunity to be part of Palm Jumeirah’s ever evolving success story,” he adds.

Due for completion in 2016, The Pointe is accessible via The Palm Monorail, which is connected to the Dubai Tram and Dubai Metro, and by boat from Palm Jumeirah’s growing number of resorts. There is also a car park with 1,600 spaces.

Construction of The Pointe is currently around 30% complete, with the first shell and core handovers due in September 2015. The project is among several new Nakheel developments underway at Palm Jumeirah including Nakheel Mall, The Palm Tower, The Boardwalk and Palm West Beach.