By Staff writer
Majid Al Futtaim announces expansion plan for City Centre Ajman; set for Q3 2017 completion
Dubai-based shopping mall developer Majid Al Futtaim on Tuesday announced plans to redevelop City Centre Ajman that will see the mall almost double in size.
With an estimated cost of AED600 million ($163.3 million), the expanded City Centre Ajman will feature 150 retail and dining outlets, as well as an expanded VOX Cinemas with 4DX screens and specially-designed children’s theatres.
The mall’s expansion is anticipated to conclude in the third quarter of 2017, followed by an additional refurbishment of the existing mall, the company said in a statement.
It added that the redevelopment will create several hundred new jobs, and is a significant component of Majid Al Futtaim’s recent commitment to invest a further AED30 billion in the UAE by the end of 2026, bringing the company’s total UAE investment to AED48 billion.
The mall’s expansion will also include 10 new food and beverage outlets with both al fresco and indoor seating. A number of F&B as well as retail brands will be making their debut in Ajman as part of the redevelopment.
“The UAE’s Northern Emirates are a key growth area for Majid Al Futtaim, enabling us to deliver an entirely new set of retail, dining, leisure, and entertainment experiences to both residents and overseas visitors,” said Kim McInnes, CEO - Shopping Malls at Majid Al Futtaim - Properties.
“As Ajman’s population increases and a growing number of tourists visit this part of the country, the redevelopment of City Centre Ajman will deliver the highest standard of design and diversity of choice while contributing significantly to the emirate’s economic and employment landscapes.”For all the latest retail news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.