Nakheel awards $32m Dragon City showroom contract
Al Ghurair Contracting & Engineering to build 375,000 square foot retail centre in Dubai
Nakheel has awarded a AED 117.5 million ($31.9m) contract to Al Ghurair Contracting & Engineering Works to deliver a showroom complex at Dragon City in Dubai, according to a statement.
The 375,000 square foot retail centre will comprise of 18 showrooms and a multi-storey car park for 900 vehicles.
The Dubai-based developer says that all of the 118,000 square feet of leasing space has already been booked.
Construction of the showrooms will begin in two months with a completion target of Q4 2018.
Dragon City in Dubai is undergoing extensive expansion in the form of new retail, hospitality and residential components. Nakheel recently floated a tender for the construction of a 295-room three-star hotel in Dragon City, the bids for which have to be submitted by 25 September 2016.