Nakheel planning for 100 malls

Nakheel has revealed it will develop 100 shopping malls over the next 20 years to serve its planned three million-strong Dubai communities.
“We are investing billions of dirhams in malls development to strengthen our retail portfolio and with 13 million square foot retail development, we are going to become the largest shopping mall developer in the Middle East,” Group Managing Director of Nakheel Retail, Graham Dreverman told the UAE daily Gulf News.

“The number of shopping malls will cross 100 in the next 20 years to cater to the three million-strong communities being built by Nakheel.” he continued.

The shopping malls division of Nakheel Retail plans, develops and manages services for retail opportunities within and around the group’s residential developments.