Majid Al Futtaim expands My City Centre brand in the UAE with the opening of My City Centre Al Dhait

Majid Al Futtaim expands My City Centre brand in the UAE with the opening of My City Centre Al Dhait

Ras Al Khaimah, United Arab Emirates, 2018-Jan-12 — /EPR Retail News/ — Majid Al Futtaim—the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia—today opened My City Centre Al Dhait to meet the everyday dining, lifestyle and retail needs of Ras Al Khaimah’s fastest-growing communities. Today’s inauguration marks Majid Al Futtaim’s first investment in a community and convenience focused retail and services destination for this emirate’s residents and tourists.

“Today we underscore Majid Al Futtaim’s commitment to delivering a unique retail experience to fast-growing communities around the region with the opening of My City Centre Al Dhait, our first shopping destination in Ras Al Khaimah and the latest addition to the growing My City Centre brand in the UAE,” said Ghaith Shocair, Chief Executive Officer – Shopping Malls,
Majid Al Futtaim – Properties.

“We will deliver a diverse retail offering in an accessible location within the expanding residential areas of Ras Al Khaimah. My City Centre Al Dhait will address the daily needs of visitors and the increasing number of tourists in the country’s Northern Emirates.”

The AED 68.5 million mall, which has a gross leasable area of 5,494 square metres, houses more than 30 regional and international lifestyle brands.  My City Centre Al Dhait is Majid Al Futtaim’s third My City Centre mall in the UAE, a neighbourhood shopping and dining destination created specifically for nearby residential and commercial communities.

Easily accessible due to its proximity to Mohammed Bin Zayed Road, My City Centre Al Dhait offers a vast array of household goods, including fresh produce and bakery items from Carrefour Market. Dining options include the emirate’s first branch of American fast-food chain Popeye’s, Blends & Brews and McDonald’s alongside more extensive menu options at Indian restaurant Gazebo and Iranian cuisine specialist Hatam.

The opening of My City Centre Al Dhait reinforces Majid Al Futtaim’s commitment made in 2016 to increase investments in the UAE by AED 30 billion by 2026, taking its total investments in the UAE to AED 48 billion.

As part of Majid Al Futtaim’s sustainability strategy, My City Centre Al Dhait follows green building protocol with innovative methods and resource-efficient procedures in place, including collecting condensed water from air-conditioning and ventilations systems to use for irrigation and installing LED lighting and water-saving low-flow fixtures and faucets. The single-storey, 7,000-square-metre property meets LEED Gold criteria and its solar-panelled parking bay shades, which incorporate photovoltaic cells, are expected to deliver energy savings of 7.5 per cent.

My City Centre Al Dhait complements Majid Al Futtaim’s additional investments in the Northern Emirates, which include the expansion of both City Centre Ajman and City Centre Sharjah in 2018.

SOURCE: MAJID AL FUTTAIM

Media Contact:
Wallis PR
mafp@wallispr.com
+971 4 449 0600

Majid Al Futtaim and Al Jazira Club to invest AED 1.4 billion in new shopping destination, City Centre Al Jazira

Majid Al Futtaim and Al Jazira Club to invest AED 1.4 billion in new shopping destination, City Centre Al Jazira

 

Abu Dhabi, United Arab Emirates, 2017-Aug-04 — /EPR Retail News/ — Abu Dhabi’s retail and entertainment sectors are set for further growth following the announcement of the first-ever City Centre mall in the UAE capital. City Centre Al Jazira is a joint venture between Majid Al Futtaim, the Middle East, Africa and Asia’s leading shopping mall, communities, retail and leisure pioneer, and Al Jazira Sports and Cultural Club, a key Abu Dhabi football club.

Construction on the AED 1.4 billion City Centre Al Jazira, strategically located between the Airport Road and Al Muroor Road in the heart of Abu Dhabi, is set to begin in October 2017 and is scheduled for completion in early 2021. The centre will include 153 retail stores, a Carrefour Hypermarket, a 15-screen VOX Cinemas, Magic Planet family entertainment destination, a City Centre Clinic and a fitness centre, as well as indoor and alfresco dining choices. Total leasable area is expected to be 80,500 sqm within a built-up area of 215,000 sqm.

“The Al Jazira Sports and Cultural Club is a renowned and long-time established institution that believes in empowering and developing communities. By joining forces with Majid Al Futtaim, we are thrilled by the opportunity to play a role in the creation of a new lifestyle destination that will bring people together in the heart of the capital, Abu Dhabi,” said Saeed Mohammed bin Batti Al Qubaisi, Chairman of Al Jazira for Investment at Al Jazira Sports and Cultural Club

“As part of Al Jazira Club’s vision to diversify its investments, the new shopping destination is an important addition to other investment projects which ensures the sustainability and diversity of Al Jazira Club’s portfolio,” said Mohammed Haji Khouri, Chairman of the joint venture.

“City Centre Al Jazira marks a significant investment from Majid Al Futtaim into the UAE capital, driven by Abu Dhabi’s growing and affluent residential market and world-class infrastructure development projects, from transportation to museums,” said Ghaith Shocair, Chief Executive Officer Shopping Malls, Majid Al Futtaim Properties.

“Bringing the City Centre brand of shopping malls to the capital will open the doors to an integrated shopping, lifestyle and entertainment destination for the community and contribute to Abu Dhabi’s vision that aims to develop a competitive, sustainable and globally open economy.”

Majid Al Futtaim’s announcement of City Centre Al Jazira marks the company’s latest investment into Abu Dhabi’s retail and entertainment landscape and underscores its leadership in the country’s lifestyle sector. This announcenemt is part of the retail pioneer’s plans to increase its total investment in the UAE by AED 30 billion by 2026, taking its total investment in the country to AED 48 billion. Majid Al Futtaim announced new malls including My City Centre Masdar, also located in Abu Dhabi, which is set to open by the end of 2018, as well as City Centre Al Zahia in Sharjah, and My City Centre Al Dhait in Ras Al Khaimah.

Source: Majid Al Futtaim

###

Majid Al Futtaim broke ground for its largest mall in the Sharjah, UAE

Majid Al Futtaim broke ground for its largest mall in the Sharjah, UAE

 

Sharjah, United Arab Emirates, 2017-May-10 — /EPR Retail News/ — Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, today (MAY 9, 2017) officially broke ground on what will be the company’s largest mall within the UAE’s third-largest emirate – City Centre Al Zahia in Sharjah. Once complete, City Centre Al Zahia will be a valuable addition to the powerful City Centre brand portfolio.

Strategically located at the intersection of Sheikh Mohammed bin Zayed Road and University Road, City Centre Al Zahia is a super-regional mall of 136,200 sqm of gross leasable area.

The super-regional mall will address the shopping and leisure needs of the residents of Sharjah, Northern Emirates and Al Zahia, an award-winning residential destination with six themed parks, leisure facilities and featuring 2,270 homes ranging from 3, 4 and 5 bedroom villas and townhouses to apartments of various sizes. When it opens in 2020, City Centre Al Zahia will serve a trade area of more than 1.9M people, as well as attracting residents of neighbouring Northern Emirates.

Offering a diverse mix of over 360 retail brands over two levels City Centre Al Zahia is anchored by a 15,100 sqm Carrefour Hypermarket, complemented by leisure options including VOX Cinemas, with 16 screens incorporating the latest theatre technology, and a 2,350 sqm Magic Planet family entertainment destination.

With a distinctive lantern-like design, City Centre Al Zahia’s architectural detailing echoes the annual Sharjah Light Festival.  In addition, the external food and beverage precinct, located at the mall’s entrance and with covered al fresco seating, will enhance Sharjah’s dining options for residents and tourists.  City Centre Al Zahia will have a contemporary, light-filled aesthetic driven by Majid Al Futtaim’s commitment to sustainable, environmentally-sound building practices.

“Sharjah’s robust economic growth and the continued investment in its tourism, manufacturing, culture, and transport sectors make it an ideal destination for further development, especially in the retail, food and beverage, and entertainment landscapes,” said Ghaith Shocair, Chief Executive Officer for shopping malls at Majid Al Futtaim Properties.

“The scale and long-term vision of the Al Zahia community warrant a retail and entertainment destination of this size and scope, in line with Majid Al Futtaim’s strategy to create malls that meet the current and future needs of the residents and tourists we serve.  When complete, City Centre Al Zahia will be the vibrant hub at the heart of this residential destination,” Shocair added.

City Centre Al Zahia’s ground-breaking comes following Majid Al Futtaim’s recent announcement that will see the company increase its total investment in the United Arab Emirates (UAE) by AED 30 billion by 2026, taking its total investment in the country to AED 48 billion. As part of its strategic development plan, Majid Al Futtaim continues to invest in the redevelopment of its existing assets in the Northern Emirates.

The expansion plans for City Centre Sharjah and City Centre Ajman are also key elements of Majid Al Futtaim’s overall UAE growth strategy announced in June 2016. City Centre Sharjah, one of the emirate’s largest and leading shopping destinations, is currently undergoing a AED 260 million redevelopment initiative set for completion in the last quarter of 2017. A comprehensive redevelopment of City Centre Ajman will see the mall almost double in size, from 29,000 to 52,000 sqm.  With an estimated cost of AED 600 million, the mall’s expansion is anticipated to conclude in the third quarter of 2017, followed by an additional refurbishment and redemising of the existing mall.

Following the opening of City Centre Me’aisem in September 2015 and City Centre Al Shindagha in 2016, and the successful delivery of Mall of the Emirates’ Evolution 2015 expansion initiative, City Centre Al Zahia is Majid Al Futtaim’s fourth major project to be announced in the UAE within the past 18 months.

Contact:
Phone: +9714 2949999

Source: Majid Al Futtaim

###