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DUBAI - His Highness Shaikh Mohammed bin Rashid Al Maktoum,Vice-President, Prime Minister of the UAE and Ruler of Dubai, appreciated the new and complementary Nakheel's projects scheduled to be completed over the next three years at a cost of Dh14 billion, during a tour of Nakheel's head-office in Jumeirah Beach today, local news agency wam reported.
Shaikh Mohammed was received by Ali Rashid Lootah, Chairman of the Board of Directors of Nakheel and members, employees and supervisory engineers of the Nakheel projects across Dubai.
He and the audience watched a presentation video on new projects and expansions, after which the Ruler was briefed on the engineering models and maps of the projects displayed in the hall that were specifically prepared for this purpose.
Shaikh Mohammed was briefed by Lootah and his aides on the components and designs of development projects, which include the Deira Boulevard project to be built on an area of more than 9 million square feet.
The project includes 'Deira Mall,' which can accommodate 3,000 shops and will be surrounded by about 16 residential towers, offices, four residential complexes including 2,500 apartments and a sports walkway, hotels and upscale resorts, recreational and tourist facilities and other features such as restaurants, cafes and a children's garden as well as charming views of the Arabian Gulf waters. The Mall will feature a glass dome that will be half a kilometre long.
He was also briefed about the designs and maps of the expansion project of Ibn Battuta at Sheikh Zayed Road. The project includes a covered indoor garden, equivalent to four football pitches and a lobby for restaurant courts, along with a five-star hotel, a cinema and an additional 4,000 vehicle parking spaces.
Shaikh Mohammed toured Al Khail Mall project at the junction of the Mohamed bin Zayed and Al Khail streets, constructed over an area of about 1.25 million square feet in the first phase. Later he inspected the designs of the expansion project of 'Dragon City,' the new name of the Chinese City at Dubai-Al Aweer street, which is being constructed over an area of 3.6 million square feet. The project will be completed by 2018.
The Dubai Ruler expressed satisfaction over the development projects and praised the efforts of the Board, the managers, the engineers and all employees of the company. He expressed his admiration for the stretchable and movable half-a-kilometre dome above the lobby of the 'Deira Mall' as well as admired the covered park, part of the expansion project of Ibn Battuta Mall.
While listening to the explanation made by Lootah, he said that Nakheel is one of the leading real estate and tourism developers that contributes to the UAE economy and its prosperity.
Shaikh Mohammed commended Emirati talents and innovators who contribute to the social, economic, tourist and cultural development.
The Dubai Ruler was accompanied by Shaikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai along with other dignitaries and officials.
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