Dubai retailer Union Coop has unveiled plans for a new community mall project in Al Warqa, which is scheduled to open in the first quarter of 2020.
Al Warqa City Mall is the latest in its series of community malls, a concept that started with its Al Barsha and Etihad Malls.
Khalid Humaid Bin Diban Al Falasi, CEO of Union Coop, said the project had an estimated budget of AED257 million ($70 million) and will include a Union Coop hypermarket called Extra Coop.
It will also include a range of financial services and a chain of gold and diamond jewellery shops, healthcare facilities and a total of 44 retail options, the company said in a statement.
The new mall, which will serve Al Warqa’a and neighbouring areas of Mirdif, Rashidiya, Nad Al Hammar, and will also have a floor dedicated to offices and total parking spaces of 671 spaces.
Union Coop said it expects to invest more than AED1.8 billion over the next three years on a number of projects.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.
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