Ibn Battuta Mall extension opens for lease


May 28, 2015 | By RetailME Bureau

Dubai-based developer Nakheel will launch another 766,000 sqft of retail and F&B space for lease at Ibn Battuta Mall starting next month, cementing its rapid expansion into Dubai’s retail sector.

Ibn Battuta Mall, already the world’s largest themed shopping mall, will feature an extra 600 retail, dining and entertainment outlets in its new, 4.7 million sqft extension, announced in April.

The extension – the second large-scale expansion at Ibn Battuta – will bring a new, one million sqft mall, multi-screen cinema complex, multi-storey car park and a second hotel with 370 rooms to the existing development. At its centrepiece will be a 300,000 sqft courtyard with a retractable glass roof that can be opened in Dubai’s cooler, winter months for open-air shopping. The size of four football fields, the courtyard area alone has space for around 80 new stores and restaurants.

“We are bringing a new shopping experience to Ibn Battuta Mall, enhancing the existing offering to reflect increasing demand. The mall already attracts 52,000 visitors a day and more than 200,000 on its busiest weekends,” says Omar Khoory, director of Nakheel Retail.

“Our dramatic expansion will transform the area into a huge retail, dining and leisure destination spanning seven million sqft and featuring more than 1,000 outlets and attractions in total. This will be a fantastic new facility for nearby residents and the wider Dubai community. In addition, the mall continues to capture motorists travelling between Abu Dhabi and Dubai as it’s the first major retail and dining centre on Sheikh Zayed Road for Dubai-bound travellers.”

Nakheel’s retail project portfolio is set to become the UAE’s biggest, with 10 new large-scale developments and a growing collection of smaller-scale community retail centres on the way. The company has more than 11 million sqft of leasable retail space in the pipeline, adding to the 2.5 million already in operation at its Dragon Mart and Ibn Battuta Mall developments.

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