Abu Dhabi-based Aldar Properties’ Yas Mall, spread across 2.5 million sqft on Yas Island, is all set to open this year, with its inauguration coinciding with the final race of 2014 Formula One World Championship. According to the developer, construction of the mall is complete and the handover of units to tenants for fit-outs is already underway.
Almost 80% of mall space has already been leased out to major retail groups, including MH AlShaya, Majid Al Futtaim, Landmark Group, Dubai Holding, Azadea, Paris Group, Royal Sporting House, Al-Futtaim, Retail Arabia and Fucom. The mall will open with over 300 stores, crossing the 400-mark including F&B brands, a 20-screen cinema operated by VOX Cinemas, a family entertainment zone and the largest hypermarket in Abu Dhabi that will be operated by Géant.
“With its wide range of shopping and entertainment attractions, Yas Mall is sure to draw a lot of people to Abu Dhabi. It will be a significant addition to the wider Yas Island offer – that currently includes seven hotels as well as a range of attractions comprising Yas Marina Circuit, Yas Marina, Ferrari World Abu Dhabi, Yas Water World, Yas Links Golf Course and Yas Retail. The mall will be a major part of our corporate strategy to strengthen recurring revenues, bringing stability and consistency to underlying earnings,” says Mohammed Al Mubarak, Aldar’s deputy CEO.
Watsons to open 20 new stores in the GCC
In 2020, global health & beauty retailer AS Watson Group signed its
April 29, 2024 | By Rupkatha BAsda and Deliverect Deepen Partnership to Power Rapid Delivery Across Asda Express
SQUATWOLF’s Kuwait Flagship Store Anchors Its Regional Growth Ambitions
Global beauty icon Ulta Beauty to make Riyadh debut at Panorama Mall
/ 
For decades, Haldiram’s built deep recall across the UAE through its packaged
When House of Habanero opened its first physical location at Alserkal Avenue
Union Coop has completed a significant expansion of its Hatta Souq branch,
Saudi Arabia is set to welcome U.S. food exporters this week, as
Majid Al Futtaim has officially entered the discount retail segment with the
As convenience increasingly becomes currency in the region’s grocery landscape, Union Coop
As wellness becomes a lifestyle in the UAE, the grocery aisle is
Grandiose, one of the leading grocery retailers in the UAE with a
With shifting consumer behaviour, rising cost pressures, regulatory changes, and rapid digitization,
Union Coop’s blend of retail expansion, digital innovation, and community focus is
Abu Dhabi-based MAIR Group has marked a pivotal stage in its transformation
In a move that blurs the line between shopping and investing, Apparel
/ 
An evening where global retail leadership met Saudi Arabia’s rising influence in
Under the patronage of His Royal Highness Prince Saud bin Mishaal bin
Alandalus Property Company is one of Saudi Arabia’s leading real estate investment
Red Sea Markets Company unveils a transformative evolution to Red Sea Mall,
The Point represents a strategic partnership between the Red Sea Markets For
Azad Properties, a leading real estate developer in Saudi Arabia, has signed a Memorandum of Understanding (MoU) with the National Housing Company (NHC).
In an era where digital transformation is pivotal, shopping malls are not
This panel discussion at MRF 2024 explored the evolution of retail spaces,
An exclusive piece contributed By Oliver Morgan, Partner, Real Estate Development &
In the bustling retail environments, where shopping malls are not just places
Previous Article
