Dubai-based master developer Nakheel has signed a contract worth AED1.5 billion for the construction of its Al Khail Avenue retail, dining and entertainment hub bringing hospitality into the mix by adding a 252-room hotel to the complex.
The contract was awarded to UAE-based Dhabi Contracting LLC, with construction set to begin in early October. Earthworks at the site – alongside Dubai’s Al Khail Road on the edge of the Jumeirah Village Triangle (JVT) community – were completed in June.
Directly connected to Al Khail Avenue and its 350 shops, restaurants and entertainment outlets, the 18-storey hotel will feature an all-day restaurant, coffee shop, lounge, outdoor terrace, pool deck gymnasium and car park.
Scheduled for completion in the first quarter of 2019, the 2 million sqft Al Khail Avenue will have more than 1.2 million sqft of leasable space, of which around 70% is booked. Confirmed outlets include a 14-screen Reel Cinemas complex, a Waitrose supermarket and a wide range of fashion, children’s, home and electronics stores. There will also be a multitude of cafés and restaurants in addition to a 4,000-space multi-storey car park which can be accessed directly from Al Khail Road.
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An exclusive piece contributed By Oliver Morgan, Partner, Real Estate Development &
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