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Dubai's upcoming night market on Deira Islands has promises to keep
The world’s single largest “night market” is setting a date for an opening in late 2018 on Deira Islands, the offshore mixed-use cluster Nakheel is developing. It will also be the first component that will be open to the public on the massive four-island destination that will open up a new round of hospitality and retail possibilities for Deira as a whole.
All 5,300 units of the retail area is pre-leased to Emirati nationals operating small to mid-sized businesses or those who plan to. The outlets will be open from 5pm.
The night market fronts a 2 kilometre stretch of the creek and a brand new promenade that Nakheel will develop. These elements will reinforce the imagery and old world charms of Dubai’s traditional souq, with its narrow lanes, the store fronts and the constant whiff of salt-laden air.
The Night Souq will cost Dh1.7 billion to develop. The outlets are expected to fetch add Dh300 million in rental income to the developer’s top-line in the initial years.