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Fri 24 Apr 2015 12:59 AM

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Aldar to build new UAE shopping mall, to expand another

Abu Dhabi developer says Al Falah Mall will open in 2017; also plans to expans Al Jimi Mall in Al Ain

Aldar to build new UAE shopping mall, to expand another

Aldar Properties has announced plans to launch a new shopping mall near Abu Dhabi and the expansion of another in Al Ain.

The developer said Al Falah Mall will open in 2017 and will have up to 31,000 sq m of leasable area featuring a tenant mix including a supermarket, cinema, family entertainment and a well-served food court.

Al Falah Mall will also be connected to the BRT (bus rapid transport) network, linking the site to a wider regional transportation network, and is located 25km to the east of Abu Dhabi Island.

Al Jimi Mall, which attracts 8 million visitors annually, will undergo an expansion to add another 65 stores to the existing 94 stores, bringing the total leasable area to 75,000 sq m, Aldar said.

The mall currently has an anchor Carrefour and electronics, appliances, camping equipment, sportswear, luggage, toys and furniture stores.

It will be expanded to include "some of the world's leading retailers" and a 10-screen cinema.

Talal Al Dhiyebi, chief development officer of Aldar Properties said: "Al Falah Mall and Al Jimi Mall will serve the needs of the people of these communities. Both malls will add to our existing retail assets across Abu Dhabi and are part of our strategy to further diversify our investment portfolio and grow our recurring revenue assets.

"We recognise that people in Abu Dhabi want to live in destinations that provide them with the infrastructure, retail and leisure amenities that they want on their doorstops."

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