Dubai’s Jumeirah district gets yet another new mall


February 21, 2016 | By RetailME Bureau

Dubai-based real estate contractor Moov Contracting has announced the opening of its distinctly designed shopping and entertainment destination, The Mall, in the heart of Dubai’s Jumeirah District.

Built at a cost of AED400 million, the new retail precinct is positioned as a refreshingly different shopping, leisure and entertainment destination with a debut of new fashion brands, innovative cafés and restaurants and entertainment options. The 80,756 sqft GLA mall features shops on ground and first floors along with basement parking for 200 cars.

The inauguration of The Mall was attended by the company’s senior management, including Meadhad Rashed Meadhad Al Mehairi, owner of The Mall; Obaid Saeed Bin Meshar, chairman, Moov Contracting LLC; and Nancy Nese Ozbek, general manager, The Mall.

Strategically located across the iconic Burj Al Arab and Jumeirah Beach Hotel, The Mall will add a uniquely pleasing effect to the redevelopment of the Jumeirah’s facade with its lush art deco style architectural elements. Designed to receive plenty of sunlight through floral skylights, the retail facility also boasts a splendid, signature water feature that drops down from the escalator leading to the first floor.

“Dubai’s retail industry remains vibrant, which is further reinforced by the fact that the emirate has been named as the second most important international shopping destination globally after London. In fact, its retail potential of 2.4 million residents is valued at AED63 billion and set to grow by 8.5% per annum, while it averages AED1,000 per tourist which will get a further boost as the city welcomes over 20 million tourists by 2020,” says Meshar.

The Mall, which currently has 100% occupancy, has 66 retail units, including seven kiosks in total. Aside from a gourmet supermarket for daily provisions, it hosts tenants from 12 countries, including Lebanon, Spain, Sweden, Italy, Greece, Turkey, Pakistan, Japan, Russia, China, the US and the UAE.

Nearly 70-to-80% of the retail outlets are being introduced in the UAE and the GCC for the first time. In addition, The Mall will house some of the leading names within the food and beverage industry. Lastly, the new facility will also accommodate a unique kid’s entertainment concept, financial services and a government office to ensure convenience for guests.

Comments

comments

Previous Article Next Article

SHARE

YOU MAY ALSO LIKE /


Lulu Group partners with Amazon expanding grocery offerings to online customers in the UAE

Abu Dhabi based grocery retail chain Lulu Group has partnered with Amazon 

Continue Reading

November 24, 2022 | By RetailME Bureau
Food Tech Valley partners with Tradeling to boost UAE’s food ecosystem

UAE-government-led initiative Food Tech Valley – announced in 2021 by His Highness 

Continue Reading

November 17, 2022 | By RetailME Bureau
Lulu Hypermarket to open in The Dubai Mall in 2023

Abu Dhabi-based supermarket chain Lulu Hypermarket is all set to open in 

Continue Reading

November 10, 2022 | By Rupkatha B
Beyond Meat’s Q3 2022 results “disappointing”

Plant-based meat brand Beyond Meat’s financial results for the third quarter of 

Continue Reading

November 10, 2022 | By RetailME Bureau
Barakat unveils new biodegradable packaging

UAE’s fresh produce brand Barakat has launched bio-degradable packaging across its entire 

Continue Reading

October 27, 2022 | By RetailME Bureau
Pure Harvest CEO Sky Kurtz

UAE-based agritech start-up Pure Harvest Smart Farms has signed a Memorandum of 

Continue Reading

October 27, 2022 | By RetailME Bureau
Carrefour signed up as anchor tenant for Midtown Project

Carrefour, owned and operated by Majid Al Futtaim – Retail in the 

Continue Reading

October 27, 2022 | By RetailME Bureau
Grandiose Supermarket announces country-wide expansion plans

Grandiose Supermarket, part of Ghassan Aboud Group, has announced expansion plan in 

Continue Reading

October 26, 2022 | By Rupkatha B
100 years of Valrhona

The Valrhona journey began 100 years ago with a cocoa bean. Since 

Continue Reading

October 24, 2022 | By Justina Eitzinger
On-demand grocery delivery in 15 mins

Deliveroo UAE has announced the expansion of its rapid grocery delivery service 

Continue Reading

October 24, 2022 | By RetailME Bureau
Mariam bint Mohammed Almheiri, Minister of Climate Change and Environment

The Ministry of Climate Change and Environment (MOCCAE) revealed that the UAE 

Continue Reading

October 17, 2022 | By RetailME Bureau

Abu Dhabi-based leading supermarket chain Lulu Group has appointed investment bankers Moelis 

Continue Reading

October 13, 2022 | By RetailME Bureau




f
Download Images RetailME Magazine