Business
Opening of innovatively designed The Mall to bring infinite retail opportunities to Dubais Jumeirah district
Distinctly designed The Mall, a new shopping and entertainment location situated in the heart of Dubai's Jumeirah District, opens today (Sunday, 21st February 2016) to offer a 'Refreshingly Different' experience in leisure and home entertainment. The inauguration was attended by the business's senior management, including Meadhad Rashed Meadhad Al Mehairi, Owner of THE MALL, Mr Obaid Saeed Bin Meshar, Chairman, Moov Contracting LLC; and Ms. Nancy Nese Ozbek, General Manager, The Mall.
Tactically situated throughout the iconic Burj Al Arab and Jumeirah Beach Hotel, The Mall will include an uniquely pleasing result to the redevelopment of the Jumeirah's faade with its lush Art Deco design architectural components. Developed to receive plenty of sunlight through flower skylights, the retail facility also possesses a fantastic, trademark water feature that drops down from the escalator resulting in the first floor. The Mall covers 80,756 square feet of location, featuring stores on ground and first floors along with basement parking for 200 vehicles and valet parking service.
Mr. Obaid Saeed Bin Meshar stated: "Dubai's retail market stays lively, which is more enhanced by the truth that the emirate has actually been called as the second essential worldwide shopping destination worldwide after London. In fact, its retail capacity of 2.4 million homeowners is valued at AED 63 billion and set to grow by 8.5 per-cent per annum while it averages AED 1,000 per traveler which will get a more boost as the city welcomes over 20 million tourists by 2020.
Aiming to play a crucial role in ongoing development and development of Dubai's retail landscape, Moov Contracting has actually inaugurated The Mall with a refreshingly new principle in shopping and leisure at Jumeriah district. We are confident that THE MALL will quickly become the brand-new meeting point for visitors, including residents, regional and global travelers for its idyllic location, branded fashion, lifestyle shops, food and drink options.".
The Mall, which currently has 100 % per cent tenancy, will have 66 devices, including 7 kiosks in overall. Aside from an exquisite supermarket for daily arrangements, it will host occupants from 12 nations, consisting of Lebanon, Spain, Sweden, Italy, Greece, Turkey, Pakistan, Japan, Russia, China, the United States and the UAE. Almost 70 to 80 per-cent of the retail outlets are being presented 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 drink market. Finally, the brand-new center will also accommodate a special kid's entertainment idea, monetary services and a government office to ensure visitor's benefit.
"Jumeirah is an upscale district of Dubai that is checked out by travelers and locals for its popular hotels, theme park, food joints, parks and beaches. The Mall, with its rich architecture, worldwide branded stores, and broad alternatives in leisure and entertainment, contributes to the dynamic traveler culture of the neighborhood while addressing the changing needs these days's mall goers. We have actually carefully chosen our retail partners who will deliver consistently superior service and quality to improve the experience that we provide to our visitors. The mix of indoor and outdoor level is the highlight of the store that will offer an unique shopping and an unforgettable dining experience to visitors all through the year," concluded Mr Obaid Saeed Bin Meshar Chairman of MOOV Constructions LLC.