Wednesday 21 August 2019

Aldar completes $272m UAE mall expansion

ABU DHABI, March 15, 2019

Aldar Properties, a leading property developer in the UAE, has officially opened the outdoor retail park at Al Jimi Mall, the first shopping and entertainment destination in Al Ain, following a key expansion and renovation programme.

The expansion to Al Ain’s shopping and entertainment destination gives Aldar a Dh1 billion ($272 million) asset in Al Ain, which will see the arrival of over 100 new brands and F&B (food and beverages) outlets, bringing the total store count to over 200 shops.

Located in the heart of Al Ain, Al Jimi Mall provides a diverse range of retail options including the city's first outdoor 'Retail Park' concept, new fashion and furniture stores, nine new F&B outlets at the Retail Park, and Al Ain's first eight-screen Vox Cinemas, said the developer in a statement.

This includes two Theatre by Rhodes, offering a combination of fine food and the latest films through a partnership with British Michelin-starred chef Gary Rhodes.

The complex also features one MAX cinema with a mega-screen for the biggest blockbusters, a Kids cinema offering a colourful and safe environment for kids and four regular VOX Cinemas’ screens, it added.

A ceremony was held to celebrate the expansion of Al Jimi Mall which was also attended by Sheikh Hazza bin Tahnoun bin Mohammed Al Nahyan, the under-secretary of the Court of the Abu Dhabi Ruler's Representative in Al Ain and Aldar CEO Talal Al Dhiyebi and other officials.

The extension adds 33,000 sq m of gross leasable area (GLA) to the mall, which is over 96 per cent leased. It also includes 1,200 extra car parking spaces, doubling the capacity of the mall’s existing parking lot and making access even easier and more convenient for customers.

Over 200 quality, modern retail outlets are now operating at the mall, featuring Danube Home, United Furniture outlet, the largest Home Centre in Al Ain, Al Jarir Book Store, and its first Muji store.

The extension is also adding new fashion and beauty brands such as American Eagle, NYX, Bath & Body Works and H&M.

Al Jimi Mall is now home to a total of 34 F&B outlets including The Coffee Club, Costa, Triangle, and Café Afi, which shoppers can enjoy against a backdrop of the calming retail park water feature and an events plaza along its terrace.

The grand opening celebrations will take place on the evening of March 14 and 15, for two nights of spectacular laser and 3D mapping shows, live entertainment and special promotions.

Aldar Investments CEO Jassem Saleh Busaibe said: "Reflecting Aldar’s commitment to serving the needs of the local community, Al Jimi Mall will appeal to Al Ain’s evolving shopper experience and be the go-to destination in the city."

"Given Al Ain’s significant population and vibrant business landscape, the city has become a key expansion market for Aldar’s diverse retail portfolio, and the successful delivery of Al Jimi Mall’s extension further demonstrates Aldar’s commitment to deliver desirable destinations," he noted.

Al Jimi Mall is part of Aldar Investments, a wholly-owned subsidiary of Aldar and the region’s largest diversified real estate investment company, following its establishment last year.-TradeArabia News Service


calendarCalendar of Events