The Dragon Mart extension will include retail outlets, a hypermarket, cinema, and other entertainment facilities. The Dragon Mart extension will include retail outlets, a hypermarket, cinema, and other entertainment facilities.

Dubai-based master developer Nakheel has signed a management agreement with Accor for its 250-room hotel at Dragon Mart.

The hotel, one of nine planned by Nakheel over the next five years, will be managed by Accor under the ibis Styles brand.

Construction on the project is now substantially complete, Nakheel said in a statement.

The hotel is part of Nakheel's AED1 billion ($272 million), 177,000 square metre Dragon Mart expansion project, which also includes a second mall and a multi-storey car park.

Story continues below
Advertisement

Dragon Mart is a retail complex consisting of retail outlets, a hypermarket, cinema, children's amusement area, gym and food and beverage venues, and is open for traders in the wholesale and retail business.

The completion of Phase 2 will bring the total size of the Dragon Mart complex to 335,000 sq m

Nakheel's other hotels will be located on Palm Jumeirah, Deira Islands, Ibn Battuta Mall and International City.