Nakheel has awarded a contract for AED117.5 million to construct a new, 375,000 sq ft showroom complex at Dragon City in Dubai.
The developer has appointed Dubai-based Al Ghurair Contracting & Engineering Works LLC to deliver the new retail centre, which will have 18 showrooms and a multi-storey car park for 900 vehicles.
Construction of the showrooms will begin in two months’ time, with completion Q4 2018. All of the 118,000 sq ft of leasing space has already been booked.
The Dragon City showroom project comes hot on the heels of Dragon Mart 2 – the new AED1 billion complex that doubled the size of the original Dragon Mart to 3.5 million sq ft when it opened earlier this year.
Dragon City, home of the world-famous Dragon Mart, is undergoing extensive expansion in the form of new retail, hospitality and residential components that, when complete, will bring the size of the development to 11 million sq ft. Its first hotel opened in February, with a construction tender for a second announced earlier this week. Nakheel is also building a twin-tower apartment complex with 1,120 units at Dragon City.
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