RETAILCORP MALLS
Nakheel, a Dubai World company and one of the world's largest and most innovative real estate developers, has announced plans that will make its integrated retail division Nakheel Retail, the largest shopping mall developer, owner and manager in the Middle East by 2012 and one of the largest in the world by 2018.
Nakheel Retail Shopping Malls division is about to commence the development of 13 million square feet of new retail space across five separate mega projects: Palm Mall, Palm Jumeirah a premier retail destination on the first Palm development; Palm Mall, Palm Deira an enormous retailing precinct planned for the first phase of the Palm Deira; Ibn Battuta Mall Phase II, doubling the mall's size with new themed courts and an expanded retail mix; India Mart, which will combine the very best of Indian wholesale and retail shopping with entertainment facilities; and finally Great Mall Dubai a '3-in-1' mall concept at International City.