Nakheel signs design contracts for two Dubai projects

Dubai developer Nakheel has announced that it has signed design and engineering contracts worth AED46 million ($12.5 million) for two major developments in its project pipeline – Deira Islands Mall and Palm West Beach.

The deals, inked with RSP Architects, Planners and Engineers, include an AED40 million contract for a 620,000 square metre retail, dining and entertainment hub at Deira Islands, Nakheel’s new, 15.3 sq km waterfront city in Dubai.

The second contract, worth almost AED6 million, is for Palm West Beach, Nakheel’s new, 1.5 kilometre beachside park, dining and entertainment complex to be built on Palm Jumeirah’s western trunk.

Tenders for the construction of both projects are expected to be released before the end of 2014, Nakheel said in a statement.

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Nakheel signs design contracts for two Dubai projects