The Pointe, Nakheel’s AED 800 mn, 1.4 mn square feet waterfront dining and entertainment destination on Palm Jumeirah, is nearing completion and will open towards the end of 2018, Invest-Gate reports.

The Pointe will be located five kilometers out to sea at the tip of the island, across the bay from Atlantis the Palm, the master developer said in a statement.

The project will be managed by Al Nakheel Malls, the retail arm of Al Nakheel, and it will have 100 unique outlets and restaurants from all over the world. The mall’s centerpiece will be a fountain that will show stunning views to visitors.

“We are moving ever closer to opening one of the most eagerly-awaited destinations in Dubai.The Pointe is an iconic, must-see attraction offering remarkable lifestyle experiences for residents and tourists,” Ali Rashid Lootah, Chairman of Nakheel, said.