Top names in luxury, fashion, beauty and hospitality set up shop at new Jumeirah Village mall
Dubai, 10 August 2015: Dubai's Nakheel has inked a deal with retail giant Al Tayer Group to bring yet more top brands to Al Khail Avenue mall at Jumeirah Village.
Under the agreement, some of Al Tayer Group's lifestyle and hospitality brands - including Gap, Mamas & Papas, Armani Exchange, Banana Republic, Areej, Caffe Nero, and Ocean Basket - join Al Khail Avenue's growing list of shops, cafes and restaurants. Al Tayer Group stores will occupy more than 54,000 square feet at the new mall.
Al Khail Avenue, to be constructed alongside Dubai's Al Khail Road on the eastern edge of Nakheel's Jumeirah Village Triangle community, will have 1.2 million sq ft of retail space accommodating 350 shops, a multi-screen cinema and a diverse range of cafes - some with outdoor dining areas. There will also be a multi-storey car park with 4,400 spaces. The mall is due to open in 2018.
Almost 60 per cent of Al Khail Avenue has been booked, with more deals currently being finalised. Confirmed tenants in addition to Al Tayer Group brands include a 14-screen movie complex from Reel Cinemas, Waitrose, Home Centre, Emax, Centrepoint, Sports One and many more.
Omar Khoory, Director of Nakheel Retail, said: "Al Khail Avenue continues to draw some of biggest names in shopping, dining and entertainment. Our partnership with Al Tayer Group highlights the growing appetite - from both the retail industry and consumers - for retail space in popular, fast-growing area of Dubai.
"Al Khail Avenue will provide convenient, on-the-doorstep shopping and entertainment for people in Jumeirah Village, Jumeirah Park and other nearby communities, and a new destination for the residents and tourists across Dubai and the other emirates."
Khalid Al Tayer, CEO, Al Tayer Group - Retail, said: "Our lifestyle and hospitality partner brands are primed for expansion into community retail outlets that allow for proximity to the customer and create convenient access to some of their favourite brands. Al Khail Avenue caters to a large community at Jumeirah Village, and we are pleased to bring some of our partner brands to this new development."
Nakheel's retail project portfolio is set to become the biggest in the UAE, with 10 new large-scale developments and a growing collection of smaller-scale community retail centres on the way. The company has more than 11 million square feet of leasable retail space in the pipeline, adding to the 2.5 million already in operation at its Dragon Mart and Ibn Battuta Mall developments.
For leasing opportunities with Nakheel, visit the Nakheel Sales Centre on Al Sufouh Road, Dubai; call +971 4 390 3333 or log on to www.nakheel.com
Media contact: Rebecca Rees on +9714 435 9702 (Rebecca.firstname.lastname@example.org)
Nakheel is one of the world's leading developers and a major contributor to realising the vision of Dubai for the 21st century: creating a world class destination for living, business and tourism. Nakheel continues to deliver and enhance an iconic portfolio of innovative landmark projects in Dubai across the residential, retail, hospitality and leisure sectors.
Nakheel's master developments in Dubai include Palm Jumeirah, The World, Deira Islands, Jumeirah Islands, Jumeirah Village, Jumeirah Park, Jumeirah Heights, The Gardens, Discovery Gardens, Al Furjan, Warsan Village, Dragon City, International City and Villas at Nad Al Sheba. Together, these span more than 15,000 hectares and currently provide homes for over 200,000 people.
Nakheel's growing retail project portfolio comprises large-scale destination developments at various locations in Dubai, including Nakheel Mall, Deira Mall, Deira Islands Night Souk, Warsan Souk, Al Khail Avenue, The Circle Mall and The Pointe at Palm Jumeirah; major extensions to Dragon Mart (renamed Dragon City) and Ibn Battuta Mall; and several neighbourhood community centres. Our existing and pipeline retail projects cover more than 13 million square feet of leasable space.
Nakheel is also developing hotels at various locations in Dubai, including Palm Jumeirah, Deira Islands, Ibn Battuta Mall and Dragon City. www.nakheel.com
About Al Tayer Group
Al Tayer Group is a diversified regional business established in 1979 with its headquarters in Dubai, UAE. Since its inception, the Group has grown rapidly and currently operates in 12 countries in the Middle-East and beyond. It has built leading operations in multiple sectors, including automotive, contracting, distribution, retail, and services.
Al Tayer Group represents over 600 global leading brands that span from Ferrari, Ford, Land Rover and Jaguar, among others, in the automotive sector to brands like ABB and Danzas in services.
In retail, Al Tayer Group has firmly anchored its position as a leader in the Middle East through the representation of major brands such as Alexander McQueen, Boucheron, Bottega Veneta, Coach, Dolce & Gabbana, Emilio Pucci, Giorgio Armani and Jimmy Choo, to name but a few. Al Tayer Group is also responsible for opening and operating the largest Harvey Nichols outside the United Kingdom as well as the first Bloomingdale's stores outside the United States. Complementing its position in luxury retail, the Group's portfolio also includes leading lifestyle brands such as Gap, Banana Republic and Crate and Barrel. The Group also has Joint Ventures with Bulgari, Gucci, Prada and Saint Laurent. The retail division represents some of the world's most renowned brands and operates over 200 stores in the region.
© Press Release 2015