The AED 275 million investment features more than 53 retail outlets
Major tenants include Carrefour hypermarket, Magic Planet, City Centre Clinic, Centrepoint, H&M, Sun & Sand Sports, Max, and Patchi
Dubai, UAE, September 1, 2015 - Majid Al Futtaim, the leading shopping mall, retail and leisure pioneer across the Middle East and North Africa, is introducing its sixth City Centre mall in the UAE, and twelfth in the region: the new City Centre Me'aisem. The doors of the lifestyle destination are now open, ready to welcome and serve an anticipated four million visitors in its first year and more than 11 surrounding communities.
Named for its location in the Me'aisem area of International Media Production Zone (IMPZ) in Dubai, the mall is strategically situated in the growth corridor of Dubai near the intersection of Al Khail Road and Sheikh Mohammad Bin Zayed Road.
Majid Al Futtaim has invested AED 275 million in City Centre Me'aisem which features more than 53 retail outlets including the UAE's 22nd Carrefour hypermarket, the 19th Magic Planet in the Middle East for a rewarding family adventure, and a range of fashion and lifestyle brands such as Centrepoint, H&M, Max and Sun & Sand Sports, and the initiator of the chocolate gifting concept: Patchi. Some brands will also be making their debut in the UAE like 800 Degrees Neapolitan Pizzeria, Cath Kidston and GRK Fresh Greek.
City Centre Me'aisem offers a line-up of casual dining options and cafes that feature outdoor landscaped seating areas, as well as various service providers including banking, beauty salons, fitness and a mobile operator.
The new mall will also be home to Majid Al Futtaim's second City Centre Clinic in Dubai, to address the wellness needs of residents and families living in the surrounding communities. In celebration of its expansion, City Centre Clinic Me'aisem will offer complimentary GP and Pediatric consultations in the first two weeks of opening.
The opening of the Carrefour Hypermarket is an important milestone for Majid Al Futtaim, as it fulfils a growing demand for high quality, affordable convenience shopping in a fast developing community, bringing its unique product offering to a whole new customer base.
Majid Al Futtaim is developing retail and entertainment destinations which are tailored to the needs of specific markets and communities. City Centre Me'aisem will offer a quick, accessible and personal retail experience, meeting the needs of the increasing urbanisation, and consumers' changing notion of convenience," said Maryam Ahli, Mall Manager of City Centre Me'aisem for Majid Al Futtaim - Properties.
Connected to two of Dubai's major highways, the mall will serve several residential areas and communities such as Victory Heights, Jumeirah Golf Estates, Jumeirah Village Circle, Jumeirah Village Triangle, Motor City, Sports City, Emirates Living, Jebel Ali Race Course, Barsha South, Dubai Investment Park and Arabian Ranches, representing approximately 105,000 residents.
As part of Majid Al Futtaim's vision to create great moments for everyone, everyday, City Centre Me'aisem offers an exceptionally beautiful outdoor landscaping and seating area, for the delight of its visitors.
City Centre Me'aisem is built on 325,000 square feet, comprising of 23,850 square metres of Gross Leasable Area and is spread on a 1-level mall featuring contemporary world-class design, sustainability measures, accessibility and premium finish.
The community lifestyle destination is built in line with Majid Al Futtaim's sustainability vision and features a 'Bionest' water recycling system, the UAE's first-ever solar panel lighting solution in its parking area, a reflective roofing membrane that minimizes solar gain, energy-efficient LEED-compliant lights and water saving taps, with more than 83% of all construction elements coming from recycled material.
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Media Contact:
Nerry Toledo
The Portsmouth Group
971 4 369 3575
nerry.toledo@theportsmouthgroup.com
The legal name of this company is "Majid Al Futtaim" and should not be shortened or replaced by an acronym to avoid confusion with another business entity.
Disclaimer: All facts and figures in this release are accurate at the time of issuance.
About City Centre Me'aisem
City Centre Me'aisem is a community-oriented shopping, lifestyle and entertainment destination located in the Me'aisem area of International Media Production Zone (IMPZ) in Dubai. Strategically situated at the intersection of Al Khail Road and Sheikh Mohammad Bin Zayed Road, the mall covers over 23,850sqm of retail space, and is home to 53 international brands, some of which are making their debut in the UAE.
With a focus on delivering an efficient, accessible and personal retail experience, City Centre Me'aisem provides services for the surrounding and neighbouring community with convenient amenities such as Carrefour hypermarket, services in banking, beauty salons, fitness and mobile operators. The mall features City Centre Clinic, a wellness destination addressing the primary healthcare needs of the community. Familiar outlets such as Magic Planet, a diverse range of fashion and lifestyle brands, as well as dining and entertainment venues are also on offer.
Opened in 2015, City Centre Me'aisem is the sixth City Centre mall in the UAE, and twelfth in the region. The mall is owned and managed by Majid Al Futtaim, the leading shopping mall, retail and leisure pioneer across the Middle East and North Africa. For more information, please visit: www.citycentremeaisem.ae
About Majid Al Futtaim
Founded in 1992, Majid Al Futtaim is the leading shopping mall, retail and leisure pioneer across the Middle East and North Africa (MENA).
A remarkable business success story, Majid Al Futtaim started from one man's vision to transform the face of shopping, entertainment and leisure to 'create great moments for everyone, every day'. It has since grown into one of the United Arab Emirates' most respected and successful businesses spanning 13 international markets, employing over 27,000 people, and achieving the highest credit rating (BBB) among privately-held corporates in the Middle East.
Majid Al Futtaim owns and operates 17 shopping malls, 11 hotels and three mixed-use communities in MENA, with further developments underway in the region. The shopping malls portfolio includes Mall of the Emirates, City Centre malls, and also four community malls which are in joint venture with the Government of Sharjah. The Company holds exclusive rights to the Carrefour franchise in 38 markets across Middle East, Africa and Central Asia, operating a portfolio of over 60 hypermarkets and over 70 supermarkets in 13 countries.
Majid Al Futtaim operates 143 VOX Cinema screens and 18 Magic Planet family entertainment centres across the region, in addition to iconic leisure and entertainment facilities such as Ski Dubai and iFly Dubai, among others. The Company launched the first LEGO-certified store in the Middle East and is parent to the consumer finance company issuing 'Najm' credit cards, a fashion retail business representing international brands such as Abercrombie & Fitch, Juicy Couture and Halston Heritage, and a healthcare business. In addition, Majid Al Futtaim launched Enova, a facility management company, through a joint venture operation with Veolia, a global leader in optimised environment resource management. The Company also operates in the food and beverage industry through a partnership with Gourmet Gulf. www.majidalfuttaim.com
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© Press Release 2015
