New upscale shopping mall opens in Jumeirah
A new shopping mall today opened doors in Dubai’s Jumeirah District at an estimated cost of Dh400 million.
Located across Burj Al Arab and Jumeirah Beach Hotel hotels, the new shopping and leisure mall spans over 80,756 square feet and is designed to receive plenty of sunlight through floral skylights. The retail facility also boasts of water feature that drops down from the escalator leading to the first floor.
The mall features shops on ground and first floors along with basement parking for 200 cars and valet parking service.
Obaid Saeed Bin Meshar said: “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 Dh63 billion and set to grow by 8.5 per cent per annum while it averages Dh1,000 per tourist which will get a further boost as the city welcomes over 20 million tourists by 2020.”
The Mall, which currently has 100 per cent occupancy, will have 66 units including seven kiosks in total.
Aside from a gourmet supermarket for daily provisions, it will host tenants from 12 countries, including Lebanon, Spain, Sweden, Italy, Greece, Turkey, Pakistan, Japan, Russia, China, the US and the UAE. Nearly 70 to 80 per cent 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 guest’s convenience.
‘The Mall’ was inaugurated by the company’s senior management, including Meadhad Rashed Meadhad Al Mehairi, owner of ‘The Mall’, Obaid Saeed Bin Meshar, Chairman, Moov Contracting; and Nancy Nese Ozbek, General Manager, ‘The Mall’.
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