Nakheel has now received all tenders for the construction of Nakheel Mall, its AED2.5 billion, 418,000 square metre retail, dining and entertainment complex on Palm Jumeirah.
Six proposals were received, with bids starting at AED1.185 billion, the company said. A construction contract is expected to be awarded within three months.
Nakheel Mall will be built at the heart of The Palm, at the northern end of the island's trunk. Due for completion in 2016, the complex will include 200 shops, 4,000 parking bays, two anchor department stores, a nine-screen cinema and six medical clinics. There will also be a roof plaza with 12 fine dining restaurants as well as a host of cafes and eateries inside.