January 27th, 2017 by Own A Space
Nakheel Malls has commenced its growth plan of 2017 by signing Alshaya, the Middle East retail giant for 25 brands covering 100,000 square feet of shopping space at the forthcoming Al Khail Avenue mall at Jumeirah Village in Dubai.
Most famous fashion, lifestyle and food brands of Alshaya involves Debenhams, Muji, Foot Locker, well knownH&M, Mothercare, Eagle Outfitters, Boots, P.F. Chang’s American and IHOP, these will join Al Khail Avenue’s rapid developing collection of shops, restaurants, café and services.
This new collaboration will reinforce the long-term relationship of Nakheel’s with Alshaya, which has extensive retail space at Ibn Battuta Mall as of now and is still exploring for more opportunities at other retail developments of Nakheel.
Al Khail Avenue is currently under construction on the eastern edge of Nakheel’s Jumeirah Village Triangle community along Dubai’s Al Khail Road which has 1.2 million sq ft of retail space consisting of 350 shops, a wide range of dining outlets & a 14-screen cinema complex. The mall will be attached to a hotel of 256-room, expected for completion in 2018.
Picture Courtesy: www.thenational.ae
More than 3/4th of shopping space at the Avenue is already booked for now, with more deals in the queue. The Al Tayer Group & Landmark Group and are also confirmed of Dubai, which will take 275,000 sq ft of space between brands like Home Centre, banana republic, Fun City, Gap, Centrepoint, Reiss, and Mamas & Papas. Waitrose and Reel Cinemas are also engaged.
The Director of Nakheel Malls says that they are pleased to cement their long-term partnership further with Alshaya by welcoming them to Al Khail Avenue.
Al Khail Avenue will prove to be a magnet for well-known brands of shopping, dining and entertainment, and their recent collaboration with Alshaya marks the retail space very much in demand by both perspectives, of an industry as well as of consumers.
The strategic location of the mall is amidst many established & rapidly-developing residential communities and is in close proximity to several commercial hubs involving JAFZA and Dubai World Central & thus making it the ideal destination to shop for people living in the area, and a new venue for more broad residential, business and tourism communities of Dubai.
Nakheel, according to Senior VP of one of Alshaya’s retail property have an excellent understanding and dynamics of the market. The scale and location of the avenue has great opportunity for them to extend their reach to the customers of UAE and they look forward to working with Nakheel to deliver more world class shopping and dining choices.
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