Lootah announces lifestyle retail hub in DIP


December 26, 2019 | By RetailME Bureau

Dubai-based developer, Lootah Real Estate Development has announced its latest retail lifestyle project located near Ewan Residences, its property in Dubai Investments Park (DIP).

The new leisure area will be composed of several shops and dining options. Its retail shops will be located on the property’s two levels, spanning 15,070 sqft. It will also have several food trucks that will be placed on the opposite side of the road. And will be accessible to all the residents of DIP.

“We are excited about the Ewan retail project as it reflects a unique community experience that consumers are seeking for a convenient yet contemporary lifestyle. We are confident that through this retail initiative, Lootah will be able to provide shopping and dining options within the community for the growing demand of residents in Dubai Investment Park,” said Saleh Abdullah Lootah, CEO of Lootah Real Estate Development.

The CEO also added that the demand for residential, commercial and logistics needs are highly progressive in DIP and that Lootah is “committed to delivering an unprecedented level of amenities for this community.” According to him, DIP has been chosen for its lifestyle retail project because of the wide range of opportunities it offers for businesses and residents.

For one, the 2,300-hectare business and residential destination covers an extensive array of industries, including food and beverage, construction materials, residential and hospitality properties, schools, hotels, a hospital and several shops.

DIP is also sought-after because of its accessibility, strategically situated near areas where the business is thriving, such as Dubai Production City, Maktoum International Airport, Jebel Ali Free Zone, as well as the most-awaited Expo 2020 Dubai site.

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