{"id":44259,"date":"2017-02-16T01:55:40","date_gmt":"2017-02-15T18:55:40","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/?p=44259"},"modified":"2017-02-15T23:11:00","modified_gmt":"2017-02-15T16:11:00","slug":"nakheel-begins-work-on-ibn-battuta-mall-expansion","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nakheel-begins-work-on-ibn-battuta-mall-expansion\/","title":{"rendered":"Nakheel begins work on Ibn Battuta mall expansion"},"content":{"rendered":"<p>&#013;<br \/>\nNakheel has started construction work on its latest planned Dh850 million expansion at its Ibn Battuta shopping mall complex in Dubai.The Dubai Government-owned developer said that construction work on its second Ibn Battuta mall expansion started after it awarded a contract worth nearly Dh23m to Dubai-based National Gulf Constructions for enabling works at the site.Nakheel said the new development would include a 55-storey residential tower comprising 279 apartments to be known as Ibn Battuta Residences 2, a 16-screen cinema complex and 53,000 square feet of shop space.In September, Nakheel unveiled images for a first set of twin residential towers at the mall, Ibn Battuta Residences, two towers of 531 apartments next to Ibn Battuta Mall, which the company plans to complete at the end of 2019.Nakheel said that together the three new towers would have 810 apartments between them.A first phase of expansion at the shopping mall comprising a 300,000 sq ft retail extension, a 210-metre link to the Dubai Metro and a 372-room hotel, opened last year.Nakheel also plans to expand the mall further to about 1 million sq ft and plans to build a retractable roof for year-round shopping and dining, and a second hotel.Last year, Nakheel said it was planning to expand its leasing portfolio from about 18,000 homes at the moment to about 36,000 over the next five years. lbarnard@thenational.ae&#013;<br \/>\n&#013;<br \/>\nSource : thenational.ae&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.thenational.ae\/business\/property\/nakheel-begins-work-on-ibn-battuta-mall-expansion\" target=\"_blank\">Nakheel begins work on Ibn Battuta mall expansion<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Nakheel has started construction work on its latest planned Dh850 million expansion at its Ibn&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-44259","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-bvR","jetpack-related-posts":[{"id":38498,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/revenue-rises-at-nakheels-ibn-battuta-mall-in-dubai\/","url_meta":{"origin":44259,"position":0},"title":"Revenue rises at Nakheel&#039;s Ibn Battuta Mall in Dubai","date":"December 19, 2016","format":false,"excerpt":"\r Nakheel bucked a downturn in retail spending to record an increase in like-for-like retail revenues last month at its Ibn Battuta Mall compared with last year. Retailers across the UAE have come under pressure from the weak oil prices and a strong dollar to which the dirham is pegged.\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":25197,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nakheel-aims-to-build-on-dubais-expansion-plans\/","url_meta":{"origin":44259,"position":1},"title":"Nakheel aims to build on Dubai&#039;s expansion plans","date":"September 6, 2016","format":false,"excerpt":"\r Nakheel chairman Ali Rashid Lootah is banking on the expansion of Dubai's new airport, the Expo 2020 and an expansion of Jebel Ali Port to fuel demand for thousands of new apartments the company plans to build in Dubai's southern districts.Speaking at Tuesday's Cityscape Global property show in Dubai,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":53005,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/flat-profit-in-first-quarter-for-nakheel\/","url_meta":{"origin":44259,"position":2},"title":"Flat profit in first quarter for Nakheel","date":"April 26, 2017","format":false,"excerpt":"\r Nakheel reported first-quarter profit of Dh1.48 billion, flat on a year earlier, as handovers slowed.The Dubai government-owned property developer reported a profit of Dh1.47bn in the same period last year.Nakheel said that it delivered 412 units to customers during the quarter, compared with 536 a year earlier.The developer said\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5728,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nakheel-in-deal-for-dubai-luxury-hotelnakheel-in-deal-for-dubai-luxury-hotel\/","url_meta":{"origin":44259,"position":3},"title":"Nakheel in deal for Dubai luxury hotelNakheel in deal for Dubai luxury hotel","date":"February 25, 2016","format":false,"excerpt":"\r \r Nakheel signed up with Thailand's Minor Hotel Group to manage the developer's second property at Ibn Battuta Mall in Dubai.The mall, which is undergoing an expansion, expects to open the 372-room property in 2018. It will be branded as one of the upscale Avani Hotels and Resorts. A\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5734,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nakheel-in-deal-for-dubai-luxury-hotel\/","url_meta":{"origin":44259,"position":4},"title":"Nakheel in deal for Dubai luxury hotel","date":"February 25, 2016","format":false,"excerpt":"\r \r Nakheel signed up with Thailand's Minor Hotel Group to manage the developer's second property at Ibn Battuta Mall in Dubai.The mall, which is undergoing an expansion, expects to open the 372-room property in 2018. It will be branded as one of the upscale Avani Hotels and Resorts. A\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":42559,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-handovers-and-retail-expansion-drive-nakheel-to-record-figures\/","url_meta":{"origin":44259,"position":5},"title":"Property handovers and retail expansion drive Nakheel to record figures","date":"February 1, 2017","format":false,"excerpt":"\r Nakheel, the company that built Palm Jumeirah, yesterday said net profit last year increased by 13 per cent on higher property handovers and retail expansion despite a softening property market in Dubai. The government-owned developer, which was at the centre of the Dubai World crisis in 2009, said that\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/44259"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=44259"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/44259\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=44259"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=44259"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=44259"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}