•160 retail outlets in 390,000 sq ft gross leasable area
•Indoor and al fresco dining along Promenade overlooking Dubai Marina
Emaar Malls Group, the shopping malls subsidiary of Emaar Properties, will open its newest shopping and entertainment destination, the Dubai Marina Mall, tomorrow (Monday, December 22, 2008). With a gross leasable area of 390,000 sq ft, the mall will feature 160 retail outlets including a supermarket, fashion wear and accessory outlets, jewellers and boutiques.
Dubai Marina Mall is set in the vibrant Dubai Marina master-planned community. With a spectacular waterfront location, the mall will also offer indoor and al fresco dining options for visitors along an extensive promenade overlooking the Arabian Gulf. The promenade is set to open early 2009.
Dubai Marina Mall sports a distinctive architectural style with a circular atrium that makes utmost use of its waterfront location. The four-level mall has direct access from Sheikh Zayed Road through a purpose-built tunnel accessible from exit 32, Jebel Ali bound. There is also direct access via Marina South Drive also via the Jebel Ali bound lanes. The mall features over 2,000 underground car parking spaces.
Mr Jim Badour, Chief Executive Officer, Emaar Malls Group, said: "With the opening of The Dubai Mall, our flagship project, Emaar Malls Group has redefined the concept of shopping malls by offering a varied mix of shopping and entertainment options. Dubai Marina Mall will further build on this concept, and offer a refreshing shopping and leisure destination for residents in and visitors to Dubai Marina."
Mr Ian Ferguson, General Manager, Dubai Marina Mall, added: "Dubai Marina is an established community with several thousand residents. Located in close proximity to the commercial and hospitality hotspots of Dubai, the mall will serve a large cross-section of the public. For visitors to Dubai, the mall's waterfront ambience and unique mix of retail and F&B outlets will be a distinctive experience."
Retailers will continue to complete fitting-out operations in the lead up to Dubai Shopping Festival, and attractions soon to open include the UAE's second Waitrose supermarket, one of the UK's leading supermarkets and the largest supermarket in Dubai Marina, and a 10,000 sq ft children's entertainment zone called 'Favourite Things'. The majority of specialty stores will be open by early 2009 in time for Dubai Shopping Festival.
The Address, Dubai Marina hotel and serviced residences, adjoining the mall; a six-screen Cineplex and a 7-storey Gourmet Tower dedicated to diverse cuisines will be part of the mall complex and are scheduled to open during 2009. The Gourmet Tower is an original concept for the city and a significant attraction to the Dubai Marina community.
Emaar Malls Group has ambitious plans to develop modern shopping and entertainment destinations in key emerging markets across the Middle East and North Africa region, the Indian Subcontinent and South Asia.
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About Emaar Malls Group LLC:
Emaar Malls Group LLC, is the retail and shopping mall subsidiary of Emaar Properties PJSC, a leading property developer based in Dubai, and drives its diversification into shopping malls. This is in line with Emaar's Vision 2010 to become one of the most valuable companies in the world. Emaar has announced investments in shopping malls of over US$4 billion (AED 15 billion) with 10 million sq ft of retail property in operation or under development in the emerging markets of the Middle East, North Africa, the Indian Subcontinent and South Asia and is on target to become one of the largest developers of shopping malls in the world.
At the forefront of these developments is the flagship The Dubai Mall, one of the world's largest malls in the heart of the Downtown Burj Dubai. Now open, The Dubai Mall is the region's premier shopping, lifestyle and entertainment destination. Emaar Malls Group is also operating or developing two other malls in Dubai; Souk Al Bahar, an Arabesque shopping and entertainment development on The Old Town Island which is now open, and the Dubai Marina Mall, a lifestyle shopping mall for residents of the Dubai Marina community opening in late 2008.
Internationally, Emaar Malls Group is actively planning or developing shopping centres in Egypt, Syria, Morocco, Turkey, Jordan and Kingdom of Saudi Arabia and continues to drive the company's expansion strategy on a global scale.
About Emaar Retail:
Emaar Retail is a wholly owned subsidiary of Emaar Malls Group LLC and is the vehicle for all retail operations. Emaar Retail is developing a portfolio of brands in key growth markets and is strategically building new alliances, joint ventures, franchises and licenses for all mall developments under the Emaar Malls Group umbrella.
Emaar Retail also manages the business operations for The Dubai mall's leisure and entertainment brands including KidZania®, SEGA Republic®, the Olympic-sized 'Dubai Ice Rink' and Dubai Aquarium & Discovery Centre. Emaar Retail has also entered into a joint-venture with Cathay Organisation in Singapore, to form Reel Entertainment to develop cinemas across the region including flagship 22-screen Cineplex at The Dubai Mall.
Emaar Retail was established to drive Emaar Malls Group's developments in key emerging markets across the Middle East, North Africa and the Indian Sub-Continent through creating the right retail mix for the various markets.
About Emaar Properties PJSC:
Emaar Properties PJSC is one of the world's largest property development companies and is rapidly evolving to become a global provider of premier lifestyles. Emaar Properties, which has a strong presence in 36 global markets, has expanded into shopping malls in line with its Vision 2010 to become one of the most valuable companies in the world through a two-pronged approach of geographic expansion and business segmentation. For more information visit www.emaar.com.
For more information, please contact:
Roisin Lillis
ASDA'A Burson-Marsteller
Tel: (+971 4) 334 4550
E-mail: k.home@asdaa.com
© Press Release 2008
