Metac wins $162m contract to build Nakheel mall in Dubai

Metac wins $162m contract to build Nakheel mall in Dubai
Metac has been named to build Nakheel's Nad Al Sheba Mall in Dubai.
Published: 23 April 2018 - 12:15 a.m.
By: Neha Bhatia

Metac General Contracting has been awarded a $162m (AED595m) contract to build a Nakheel mall in Dubai.

Nakheel's 13ha Nad Al Sheba Mall, worth $224.6m (AED825m), will be developed by Metac through the contract.

Comprising 200 shops, restaurants, and entertainment outlets across 4.64ha of leasable space, the mall is due to complete in 2021. 

A Spinneys and a Union Co-op unit each, in addition to a multi-screen cinema, will also be developed within the mall, located off Sheikh Mohammed Bin Zayed Road. 

Metac is already building 468 out of Nakheel's 1,572 villas in the community, through a $212.6m (AED781m) contract it won in 2015. 

Nad Al Sheba Mall is part of Nakheel Malls' $6bn (AED22bn) expansion plan, which is expected to raise its total retail space to 158ha, Dubai Media Office reported



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