Al Hamra to unveil first phase of Manar Mall expansion


May 23, 2017 | By RetailME Bureau

Ras Al Khaimah-based real estate company Al Hamra Group is approaching completion of the first phase of its AED390 million expansion of Manar Mall.

Once fully completed, the mall’s gross leasable area (GLA) will increase from just over 300,000 sqft to nearly 600,000sqft spread across two levels, adding another 80 retail destination increasing the total number of retail outlets to 164 offering a wide range of international and local retailers for residents and visitors alike.

The first phase of the expansion project is due to be handed over before the end of second quarter this year, and complements the ambitions of the RAK Tourism Development Authority, which recorded 800,000 tourists in 2016, a 10.9% increase over the previous year, with a target of one million visitors by the end of 2019.

The Manar Mall expansion is being undertaken by Al Hamra Real Estate Development, a fully owned subsidiary of Al Hamra Group, which has proven expertise in developing and managing master-planned communities.

“The expansion of Manar Mall is in line with the growing trend for community retail and leisure-based destinations that focus on customer experience and convenience of location and access, as opposed to the mega malls that have defined the UAE’s retail landscape over the last decade,” says Benoy Kurien, general manager, Al Hamra Real Estate Development.

“Retail developments with integrated leisure and entertainment facilities, positioned alongside restaurants and cafes are key to driving footfall, as more people demand local, indoor, family-oriented destinations for leisure, entertainment, dining and of course shopping,” he adds.

According to research by Knight Frank Middle East these community malls, anchored on hypermarkets rather than department stores, offer more service-focused and convenient retail destinations to cater to the local community’s everyday needs. The property consultancy expects to witness a greater number of developers refining their master planned developments in future, appealing to the resident population by creating a sense of place and belonging.

Opened in September 2000, Manar Mall is central to the local community; partly overlooking the corniche where shoppers and families can relax with a spectacular waterfront retail promenade overlooking the local mangroves.

Located close to RAK city centre, the mall is already home to brands such as Carrefour, Marks & Spencer, H&M, Sephora, M&Co, GAP, New Look, Next, Mothercare, Boots, Bath & Body Works, Chili’s, McDonald’s and KFC, together with some of UAE’s home-grown retail brands, including Paris Gallery, Sun & Sand Sport, Damas and E-Max, with a Fun City and a seven-screen Novo Cinemas.

Previous Article Next Article

SHARE

YOU MAY ALSO LIKE /



Mahalle began its operations in 2022 as an “Authentic Turkish Grocery in 

Continue Reading

October 7, 2024 | By Anurima Das
Naresh Kumar Bhawnani, Founder & Chairman, West Zone Group

“Retail is a people’s business. When building a retail brand or the 

Continue Reading

October 3, 2024 | By RetailME Bureau
Sunil Kumar, CEO, Spinneys

From being one of the first retailers in Dubai to ban single-use 

Continue Reading

October 1, 2024 | By RetailME Bureau
Walid Shabana, Co-founder & CTO, Rabbit

For starters, Rabbit is a growing e-commerce grocery platform in Egypt always 

Continue Reading

September 30, 2024 | By RetailME Bureau
Arunachalam Palaniappan, CTO, Choithrams

In 2024 grocery retail major Choithrams has achieved several milestones underscoring its 

Continue Reading

September 12, 2024 | By RetailME Bureau
#Topshelftalks session at Food Business Forum 2024

Industry pioneers are embracing a comprehensive strategy that integrates consumer insights, digital 

Continue Reading

July 3, 2024 | By Anurima Das
#EdgeOfTomorrow session at Food Business Forum 2024

The regional grocery retail market is evolving fast keeping pace with constantly 

Continue Reading

July 3, 2024 | By Rupkatha B
#CartToCouch session at Food Business Forum 2024

If anything, the Middle East market is excited about quick commerce – 

Continue Reading

July 2, 2024 | By Rupkatha B
#EcoEchoes session at Food Business Forum 2024

From ethical and local sourcing to adopting cutting-edge technologies to curb food 

Continue Reading

July 2, 2024 | By Rupkatha B
#ByteSizedBreakthroughs session at Food Business Forum 2024

The regional grocery retail market is becoming more and more diverse, offering 

Continue Reading

July 2, 2024 | By Rupkatha B

Spinneys, the leading premium fresh food retailer, has announced the opening of 

Continue Reading

June 24, 2024 | By RetailME Bureau

Spinneys has announced the launch of The Kitchen by Spinneys, its first-ever 

Continue Reading

May 20, 2024 | By RetailME Bureau




Download Images RetailME Magazine