12 July 2005
Wafi Mall, who is enjoying considerable success in the region, has unveiled an impressive new expansion plan. The Mall, which is located at Wafi City and in close proximity to Dubai International Airport and the Sheikh Zayed Road, anticipates the retail extension will build a secure platform for the future success of the operation.

Wafi has successfully positioned itself as a premium fashion mall and through careful selection it offers a quality retail mix in the luxury and fashion arena. Today Wafi offers more than 1,000 leading brand names with 225 retail stores, catering to the most discerning consumers.

Currently composed of 500,000 ft2 and 1,483 parking spaces, the future plans encompass an additional 250,000 ft2, providing 90 new retail outlets and 1,200 underground parking spaces. The expansion is expected to provide shoppers with a greater choice of prestigious and exclusive international brands.

Wafi Mall enjoys an estimated footfall well in excess of 85,000 per week and the consistent growth of visitors has not been at the expense of customer spending. The mall continues to drive one of the highest shopping conversion rates in Dubai owing to their ability to select retail partners who compliment one another. This strategy will continue throughout the application procedure for new partners and a 100,000ft2 anchor store has already been selected.

The new plans extend from the Western side of the existing Mall, adjacent to Japengo restaurant, stretching out underneath the proposed Raffles Dubai Hotel. The completion date for the project will be in 2007.

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About Wafi
Wafi Mall is owned and operated by MKM LLC. Established in 1989 the Mall accommodates 225 shops and over 1000 different brands. The mall is a leading outlet for international fashion brands with many exclusive labels including Chanel, Escada, Aigner, Cerruti and Jaegar.

For more information please contact:
Elizabeth Cowie
G2 PR Department
Tel: 04 3310331
Fax: 04 3310553
E-mail: elizabeth.cowie@g2dubai.com

Paul Sader
G2 PR Department
Tel: 04 3310331
Fax: 04 3310553

© Press Release 2005