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29 March 2024

Dubai’s newest ‘discount’ shopping destination opens this year

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By Staff

Meraas, a Dubai-based holding company, will open - The Outlet Village - adjacent to Dubai Parks and Resorts in the third quarter of 2016.

The mall will offer discounted high-end brands merchandise all year round and will feature 25,000 square metres of gross leasable area.

The indoor mall will have over 100 retail brands and appeal to fashion lovers and leisure shoppers.

The design of The Outlet Village is inspired by San Gimignano, a hilltop town in the Tuscan countryside whose historic centre was declared a UNESCO World Heritage Site in 1990.

Meraas brought together renowned architects, designers, consultants and top-tier contractors to ensure that The Outlet Village is shaped into a distinctive retail destination emulating the ambiance of San Gimignano.

Omar Ghalib Al-Bustami, Director – Project Management Leisure & Entertainment at Meraas, said: “The Outlet Village brings together striking aesthetics inspired by a rich past with contemporary lifestyle, inviting visitors to explore the contrast between old and new. We have spared no effort to evoke the charm of San Gimignano and ensure that this distinctive shopping experience includes much-loved and prestigious brands to perfectly match the needs of today’s sophisticated customer.”

Aside from hosting some of the world’s most luxurious and contemporary high street fashion brands, The Outlet Village will retail popular sportswear and equipment as well as furniture and household goods at “attractive” prices.

The UAE retail market is expected to be valued at $53.7 billion in 2016, up 7 per cent over 2015, according to data from consultancy Euromonitor International. Dubai has retained its position as the second most important international shopping destination globally in 2015.

The Outlet Village adds to Meraas' portfolio which includes The Beach, BoxPark and City Walk.