Lulu Supermarket has been signed up as an anchor tenant at the Burj Nahar Mall by Al Majid Property Company LLC, a wholly owned subsidiary of Dubai-based conglomerate Juma Al Majid Group. Burj Nahar Mall, spanning 240,000 sqft, is a new shopping mall located in the busy neighbourhood of Al Muteena in Deira that is scheduled to open in late 2018.
The agreement was signed between Moustafa Moussa, executive director, Juma Al Majid Group, Property and Salim MA, director, Lulu Group International in the presence of other company officials at the Juma Al Majid Group owned, Jood Palace Hotel in Dubai.
The 27,000 sqft Lulu Supermarket will be part of the mixed-use development, which comprises a residential tower of 200 high quality apartments, and the Burj Nahar Mall that will feature 84 fashion, footwear, entertainment, restaurant and café tenants.
“Lulu Supermarket is a brand synonymous with quality and value combined with a world-class shopping experience, which is why we are pleased to be partnering with the Lulu Group to bring the brand to Burj Nahar Mall. Having Lulu Supermarket as our anchor tenant will not only add value to the residents of the mixed-use development, but it will also cater to the needs of nearby residents and businesses,” says Moussa.
“Deira, and in particular the good location of Burj Nahar Mall are strong catchment areas for Lulu Supermarket shoppers, which is why we made the decision to partner with Al Majid Property. The project is extremely attractive from a retail point of view because of its focus on accessibility, ample parking, high visibility and variety of retail tenant types as well as being a mixed-use development. We look forward to a successful partnership with Al Majid Property and attracting a healthy footfall to garner strong loyalty among customers,” adds Salim MA.