Dubai-based developer Nakheel has awarded a contract worth AED117.5 million to construct a new, 375,000-sqft showroom complex in Dragon City, where the Dragon Mart retail and trading hub is located.
Nakheel has appointed Dubai-based Al Ghurair Contracting & Engineering Works LLC to deliver the new retail centre, which will house 18 showrooms and a multi-storey car park for 900 vehicles.
Construction of the showrooms will begin in two months, with completion scheduled for fourth quarter of 2018. All of the 118,000 sqft of leasing space has already been booked.
The Dragon City showroom project comes close on the heels of Dragon Mart 2, which opened earlier this year. This new AED1 billion-complex doubled the size of the original Dragon Mart to 3.5 million sqft.
Dragon City is undergoing extensive expansion in the form of new retail, hospitality and residential components that, when complete, will bring the size of the development to 11 million sqft.
Words by Farimah Moeini, Snapchat Head of Industry – Retail and Travel TheJuly 5, 2021 | By RetailME Bureau
Snapchat has been betting big on Augmented Reality’s (AR) retail future consideringJune 22, 2021 | By Jibran Chouguley
Union Coop, a consumer cooperative in the UAE, revealed that 78% of
Union Coop has opened its 23rd branch within the UAE in Jumeirah
Nando’s has revealed their revamped Sheikh Zayed Road outlet where newcomers and
UAE-based Al Maya Group announced that it will be boosting import of
UAE-based grocery retail chain, Grandiose has opened its first hypermarket in Abu
UAE-based Carrefour announced its theme and plans for Ramadan 2021. The brand
Locally owned supermarket Spinneys celebrates 60 years of doing business in the
UAE-based Carrefour will become the first retailer in the region to offer new levels
The Organic Farmers’ Market is back in Bay Avenue for its 12th
UAE-based Lulu Group recently inaugurated its first-ever all-female staff store in Jeddah,
Jones the Grocer, the gourmet grocer and cheese retailer launches the Jones
The Sultanate’s largest shopping destination, Mall of Oman, which opened its doors
Dubai Outlet Mall has announced a strategic partnership with Lulu Group to
The Ministry of Human Resources and Social Development in Saudi Arabia has
UAE-based REDTAG will launch its specialized, new outlet in City Centre Deira
Extravagant, conceptual, great food and views are some of the ways that
UAE-based Al-Madina Group opened two new projects, Crown Mall and Mango Hypermarket,
Abu Dhabi’s state investment company ADQ is in talks to invest about $500 million
UAE-based REDTAG has launched its latest retail outlet on at Doha’s City Center
UAE-based Carrefour has opened a new store at the world’s busiest international
The once powerful department stores that anchored malls and streets around the
FILA has opened its new futuristic flagship store in Dubai Mall. The 158m²