Lootah breaks ground on Ewan Retail

The newest lifestyle hub of Dubai Investment Park

  
Lootah breaks ground on Ewan Retail

­

  • Ewan Retail, Lootah’s 1,400-square-meter lifestyle hub in DIP, to offer retail shops, dining options
  • This lifestyle hub promises to boost the convenient living experience of Ewan Residences and DIP residents
  • Ewan Retail is set for completion in Q1 of 2021 

Dubai, United Arab Emirates:  

Lootah Real Estate Development (Lootah), one of the region’s most prominent real estate developers, on October 28 has broken ground on Ewan Retail, its new lifestyle retail hub in Ewan Avenue located in Dubai Investment Park (DIP).

The inaugural groundbreaking ceremony of the 1,400-square-meter lifestyle hub was attended by Lootah’s top officials, including CEO Saleh Abdullah Lootah, COO Russell Owen, and key stakeholders and partners. The shopping destination is also set for its opening in Q1 of 2021.

Following the reopening of businesses and various sectors in the UAE due to its successful fight against the pandemic, residents have been constantly visiting shopping and food establishments to address their lifestyle needs.

A number of residents have also expressed confidence about the inactivated COVID-19 vaccine being developed by the government. Buoyed by this regained trust from the market, Lootah has undertaken the groundbreaking of this project in order to cater to the increased consumer confidence.

Lootah mirrors its commitment to address these daily needs of its residents through Ewan Retail—which aims to offer convenience through its several retail shops, a gym, and a hardware. Its casual dining options, meawhile, will include Arabic, Asian, and other world-renowned cuisines—assuring that it will cater to every palate. It will also be accessible to all the residents of DIP.

Lootah’s CEO Saleh Abdullah Lootah said that the company has chosen DIP as the hub for its newest lifestyle retail project due to the wide range of opportunities and modern urban living experience that this neighbourhood offers to businesses and residents.

“Ewan Retail, our newest undertaking near the sought-after Ewan Residences, promises to address the needs of residents seeking a modern lifestyle that is within reach. We are truly excited about this project, and we are confident that it will reflect our commitment to serve the community in the most convenient way possible,” he said.

The CEO said that this leisure hub also allows residents to help ensure their safety, as they would no longer need to travel far to purchase their needs or satisfy their lifestyle cravings. They can shop, dine, pay their bills within just a few steps from their home.

Meanwhile, Lootah’s COO Russell Owen said: “This retail project guarantees to address the growing demand of residents in Ewan Residences and other communities in Dubai Investment Park. The demand for lifestyle and retail needs are highly progressive in this neighbourhood and Lootah is committed to delivering a unique level of amenities for this community.”

Spanning 2,300 hectares, DIP features a vast range of industries, including food and beverage, construction materials, residential and hospitality properties, schools, hotels, several shops and a hospital. It is also strategically situated near areas that significantly see a growth of thriving economic activities, such as Dubai Production City, Maktoum International Airport, and the Jebel Ali Free Zone.

-Ends-

About Lootah Real Estate Development (Lootah):

Since inception, Lootah Real Estate Development has acted as the pioneering real estate development arm of Lootah Holding. Through a culture of excellence and an unswerving commitment to provide the very highest standards of living, Lootah has not only achieved, but exceeded, the most ambitious goals. Already over 1,000 units have been delivered to satisfied occupants, with many more planned for the future.

Lootah Real Estate Development has positioned itself as the leaders in innovation in the real estate development sector, and accordingly became the lifestyle developer of choice within the region recognised for creating modern communities.

Lootah properties are all conveniently located in accessible areas across the city and offer everything from studios to one & two-bedroom apartments and of course townhouses making sure that they cater to all segments whether individuals, young couple or larger families.

Sustainable construction remains a top priority for Lootah, whether through using sustainable materials or the proper management of waste, sealants and coatings the company ensures all its properties are built according the highest standards of quality and sustainability.

For further information, please contact:
Rain Dimalanta
New Perspective Media Group
Email: rain@newperspectivemedia.com
+971 4 244 9642

Send us your press releases to pressrelease.zawya@refinitiv.com

© Press Release 2020

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.

More From Press Releases