Aldar Properties has announced the official opening of Al Jimi Mall’s major expansion and outdoor retail park.
The expansion to the Al Ain shopping and entertainment destination gives Aldar a AED1 billion ($272 million) asset in Al Ain, which will see the arrival of over 100 new brands and F&B outlets, bringing the total store count to over 200 shops.
Al Jimi Mall now provides a range of retail options including Al Ain’s first outdoor Retail Park concept, new fashion and furniture stores, nine new F&B outlets and the emirate's first eight-screen Vox Cinemas.
The extension adds 33,000 sq m of gross leasable area (GLA) to the mall, which is over 96 percent leased. It also includes 1,200 extra car parking spaces, doubling the capacity of the mall’s existing parking lot.
Jassem Saleh Busaibe, CEO of Aldar Investments, said: "Reflecting Aldar’s commitment to serving the needs of the local community, Al Jimi Mall will appeal to Al Ain’s evolving shopper experience and be the go-to destination in the city.
"Given Al Ain’s significant population and vibrant business landscape, the city has become a key expansion market for Aldar’s diverse retail portfolio, and the successful delivery of Al Jimi Mall’s extension further demonstrates Aldar’s commitment to deliver desirable destinations."
Al Jimi Mall is part of Aldar Investments, a wholly-owned subsidiary of Aldar.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.
Subscribe to Arabian Business' newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.