Oasis Centre to open seven properties by 2015-end

March 26, 2014 | By RetailME Bureau

Community mall Oasis Centre, part of Dubai-based Landmark Group, will open seven new properties by the end of 2015, bringing the total number of malls to 12, says Neelesh Bhatnagar, director of Oasis Centre. “I don’t foresee Oasis going out of the GCC in the near future, not at least in the next three-to-five years. Once our business grows in Egypt and Iraq, that’s the time we will look at taking Oasis Centre out of these cities,” he reveals.

Sharjah and Muscat are expected to have one mall each, while Saudi Arabia is set to have five. The malls in the Kingdom will be in cities that lack organised retail. “I am sure that in the future there will be many more Oasis Centres coming up in Saudi Arabia,” observes Bhatnagar. While Oasis Centre accounts for a small percentage of Landmark’s turnover, it is expected to command around 15% in the next five to 10 years.

With an occupancy rate of between 97 and 98%, up to 75% of tenants at Oasis Centre in Dubai are Landmark-owned brands. In Dubai Oasis Centre saw footfalls increase by 11% last year compared to 2012. By the end of this year, it is expected to go up 10%. The mall will continue to focus on its retail offerings, followed by wellness, food and beverage and entertainment, which account for 25% of the mall’s space.



Previous Article Next Article


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

UAE-based  Lulu Group recently inaugurated its first-ever all-female staff store in Jeddah, 

Continue Reading

February 15, 2021 | By RetailME Bureau
Jones the grocer

Jones the Grocer, the gourmet grocer and cheese retailer launches the Jones 

Continue Reading

February 1, 2021 | By RetailME Bureau

UAE-based Al Maya Supermarkets is hosting a two-week food festival at select 

Continue Reading

January 17, 2021 | By Lawrence Pinto

Download Images RetailME Magazine