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| 05 December, 2016

Abu Dhabi's Marina Mall announces $820 mln expansion plans

Abu Dhabi's Marina Mall announces $820 mln expansion plans

- New extension planned and widespread enhancements due for completion 2019 -

05 December 2016

Abu Dhabi: With UPC approvals well underway, Marina Mall Abu Dhabi, the capital’s leading shopping destination and owned by the National Investment Company (NIC), will soon be breaking ground in Q1 of 2017 with major enhancements worth 300 million dirhams due throughout the mall; in addition to a new three-billion dirham extension.

Marina Mall Abu Dhabi will be undergoing a complete renovation and growing in size with a 120,000 sqm extension designed by DP Architects – a world renowned architectural firm based in Singapore and also behind the design of Dubai Mall. From exclusive luxury and high-end brands to the development of a world-class food court, the shopping destination will continue to deliver unique shopping experiences to suit all tastes.

Jihad Dirani, Head of Leasing at Marina Mall Abu Dhabi, said: “As one of Abu Dhabi’s established and most iconic shopping destinations, we strive to provide our visitors with an exclusive combination of unique shopping, entertainment and F&B experiences for the whole family to enjoy. We are entering an exciting phase of Marina Mall’s development, as we continue our journey to deliver an excellent visitor experience. We are currently in the process of selecting the right suppliers and contractors; whilst looking to evolve our leasing portfolio.”

The new extension plan will be divided into two parts, the north and south side of the mall, which will include the latest retail and F&B brands and new market entry brands exclusive to the mall. Furthermore, Marina Mall Abu Dhabi will expand its car parking facilities in coordination with the existing parking amenities for the new development, making it easily accessible to all visitors.

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“Marina Mall Abu Dhabi has been a social and commercial success since its doors first opened over 14 years ago. In 2006, the mall went through major expansion plans, which included the addition of the iconic revolving restaurant tower, as well as an increase in mall facilities and retail outlets. As part of our growth strategy combined with the increase in visitor numbers, we are delighted to announce this major expansion.” Dirani added

Within close proximity to Marina Mall Abu Dhabi and part of NIC’s upcoming development projects is Marina Sunset Bay, which will further add to the area’s offerings. The private residential estate, comprising 67 luxury villas, on the breakwater with stunning views of the Arabian Gulf will be environmentally friendly.

Due to open in September 2017 and renowned for its luxury resort hotels across the globe, the luxury beach resort Fairmont Hotel will also be joining the properties in the area.

The developments in the area will also feature the Marina Promenade Abu Dhabi, a beautiful seafront walkway that is set include an amphitheater, an eclectic mix of restaurants, activity and entertainment options, a helipad, mosque, and lots more.

Marina Mall is also home to ‘Marina Eye’ – Abu Dhabi’s first and only Observatory Wheel, further adding to the mall’s impressive portfolio of attractions. The stand-out structure gives guests a bird’s-eye view of the impressive Abu Dhabi skyline.

Marina Mall is open daily from 10:00am to 10:00pm on weekdays and 10:00am to 12:00am on weekends. For more information, please visit www.marinamall.ae.

For more information on NIC, please visit www.nicuae.ae.

-Ends-

About Marina Mall Abu Dhabi

Marina Mall, the leading shopping destination in Abu Dhabi, opened in 2001. Geographically located in one of the city’s most prominent districts, it comprises 122,000 sqm of retail space featuring a unique selection of fashion, leisure and entertainment brands arranged over five levels.

In addition, Marina Mall also houses more than 400 retail and services outlets, including designer and high-street fashion brands, beauty department stores, home furnishings and electronics stores. In addition, there is a Mercedes-Benz car showroom, specialty shops, bank offices and a hypermarket. It also has a variety of F&B options including upscale cafes and a restaurant on top of a 30-story observation tower. The entertainment and leisure offerings include a bowling alley, a 9-screen VOX cinema, and a children’s entertainment area.

Some of the world’s most renowned brands can be found in Marina Mall, such as Louis Vuitton, Burberry, Tiffany & Co, Hugo Boss, Tod’s, Chanel, Gucci, Prada, Yves Saint Laurent and many more.

As one of Abu Dhabi’s distinctive landmarks, Marina Mall also offers a range of exciting programming and events that draws in the larger community. 

Bounce, the trampoline revolution, has now opened its doors at Marina Mall. With never seen before mammoth, 40-metre slides, two brand-spanking new slacklines and a zip line for adrenaline junkies to fly over Bounce Abu Dhabi, visitors will also have the opportunity to enjoy an 18m freefall experience. Bounce also features a Super Tramp, two dodgeball courts, two giant airbags, a performance area, party rooms and so much more.

Launched in 2014 “Let Hope Shine” is a Marina Mall initiative organized to improve lives and create opportunities for people around the world.

About National Investment Corporation (NIC)

The National Investment Corporation (NIC) was established in 1999 for the development of the Breakwater area in order to optimize the use of this prime location for economic, social, entertainment and tourism purposes.

The corporation’s first project, Marina Mall, opened in 2001 to much acclaim, having been very well received by both tenants and shoppers. NIC continued its growth with Marina Royal in 2006 – a residential compound consisting of 100 top luxury villas, wherein all units enjoyed unparalleled sea views. Also in 2006, the first extension of Marina Mall from the West was completed and opened to the public. Four years later, NIC converted the Marina Village compound into an Office Park in order to maximize returns to the shareholders and cater to a demanding market.

The National Investment Corporation is headquartered in the Emirate of Abu Dhabi, with the corporate head office located in Marina Mall. For more information, please visit www.nicuae.ae.

© Press Release 2016