Modon Properties signs up Lulu Group for Courtyard Mall

August 11, 2020 | By RetailME Bureau

UAE-based Modon Properties signs up Lulu Group for Courtyard Mall. Lulu Group International will be responsible for the operation of retail outlets at the Courtyard Mall complex in Riyadh City. The 25-year lease covers the rental for the operation of the Lulu Hypermarket chain of stores, spanning 39,405 sqft within Riyadh City’s Courtyard Mall.

As Modon Properties signs up Lulu Group for Courtyard Mall, Saifee Rupawala, CEO, Lulu Group said, “We are proud to launch our first-ever full-fledged hypermarket in Riyadh City. It has always been our goal to make the highest quality products both affordable and accessible to shoppers in metropolitan areas as well as in residential communities, so no one needs to drive a long distance. Following the express store that we opened last year, we are delighted to make this new shop possible in partnership with Modon, in order to fulfill the growing demand for lifestyle essentials within the vicinity.”

Modon Properties has been mandated by the Government of Abu Dhabi to develop integrated tourism destinations and sustainable residential communities. The agreement is the result of Modon’s ongoing cooperation with leading retailers as part of its efforts to meet the needs of residents of Riyadh City, while ensuring the steady progress and on-schedule delivery of the Courtyard Mall.

The commercial complex extends over an area of 93465 sqft within the North of Riyadh City. Upon its completion, the project is slated to include seven restaurants, 13 shops and a supermarket. The assortment of outlets is designed to meet the needs of residents when it comes to shopping for groceries and household items, further enhancing the integrated nature of the community.


For all the latest retail news from the Middle East, follow us on Twitter and LinkedIn, like us on Facebook and subscribe to our YouTube page.




Previous Article Next Article


UAE-based Etisalat Group has signed an agreement with elGrocer, a leading online 

Continue Reading

November 18, 2021 | By RetailME Bureau announced that the 11.11 sale is back once again this year 

Continue Reading

November 8, 2021 | By RetailME Bureau

Abu Dhabi Cooperative Society’s COOP City store is now open in Lake 

Continue Reading

November 3, 2021 | By RetailME Bureau

Union Coop, a consumer cooperative in the UAE, revealed that 78% of 

Continue Reading

August 24, 2021 | By Jibran Chouguley

Union Coop has opened its 23rd branch within the UAE in Jumeirah 

Continue Reading

August 2, 2021 | By Jibran Chouguley

Nando’s has revealed their revamped Sheikh Zayed Road outlet where newcomers and 

Continue Reading

July 8, 2021 | By Jibran Chouguley

UAE-based Al Maya Group announced that it will be boosting import of 

Continue Reading

June 24, 2021 | By RetailME Bureau

UAE-based grocery retail chain, Grandiose has opened its first hypermarket in Abu 

Continue Reading

June 2, 2021 | By RetailME Bureau

UAE-based Carrefour announced its theme and plans for Ramadan 2021. The brand 

Continue Reading

March 31, 2021 | By RetailME Bureau

Locally owned supermarket Spinneys celebrates 60 years of doing business in the 

Continue Reading

March 9, 2021 | By RetailME Bureau
Almarai, Carrefour, Emirates have the most loyal customers

UAE-based Carrefour will become the first retailer in the region to offer new levels 

Continue Reading

February 22, 2021 | By RetailME Bureau

The Organic Farmers’ Market is back in Bay Avenue for its 12th 

Continue Reading

February 17, 2021 | By RetailME Bureau

Download Images RetailME Magazine