Al Ain stays central to Aldar's retail portfolio

Top Stories

Al Ain stays central to Aldars retail portfolio
Remal Mall in Al Ain currently has more than 175 outlets.

abu dhabi - Retail space per resident is expected to increase to approximately 1.115 sqm by 2030

By Staff Report

  • Follow us on
  • google-news
  • whatsapp
  • telegram

Published: Mon 25 Jul 2016, 7:37 PM

Last updated: Mon 25 Jul 2016, 9:41 PM

Aldar Properties views Al Ain as a key expansion market for its retail portfolio, driven by its significant local population and vibrant business landscape.

According to the Urban Planning Council's 'Plan Al Ain 2030', the city's population will witness a three-fold increase over the next two decades. As a result, driven by strong consumer demand, the city's retail sector is set for rapid growth as retail space per resident is expected to increase to approximately 1.115 square metres by 2030.

Al Ain's strong fundamentals and its cultural significance within the emirate of Abu Dhabi have led it to become a key destination for Aldar's development strategy, with the Garden City playing host to Al Jimi Mall, Remal Mall, Shabhat Plaza and its residential development - Oyoun Village.

Al Jimi Mall, Al Ain's first shopping and entertainment destination attracting eight million visitors annually, is undergoing an expansion programme to add a further 65 stores, including a 10-screen cinema, and a retail park to the existing 94 outlets, bringing the total leasable area to 75,000sqm.

The mall will be expanded to include some of the world's leading retailers. The expansion project is set to be completed in 2018.

Remal Mall is a shopping destination designed to integrate traditional Arabic architecture with modern features. The mall's gross floor area is approximately 128,890 square metres, occupied by flagship brands, a hypermarket and a food court.

Remal Mall currently has more than 175 outlets with a total leasable area of 46,920 square metres, hosting many local and international brands such as Carrefour, 2XL, Royal furniture, La Brioche, Il Forno, Dubai Islamic Bank, Energy Plus Fitness, Bounce, Funscapes, Badoland and many other retailers.

Aldar Properties' additional assets in Al Ain include the Shabhat Plaza and Al Oyoun Village, both community-based retail outlets.

Shabhat Plaza is located approximately 10km to the south of Al Ain city centre. The residential neighbourhood consists of 1,045 units for UAE nationals, in addition to a range of educational, health and retail facilities.

Al Oyoun Village is designed for families and situated on the fringes of Al Ain next to the Al Ain Sports Club and consists of 148 villas of detached and semi-detached townhouses.

Talal Al Dhiyebi, chief development officer at Aldar Properties, said: "Al Ain is traditionally known for its natural heritage and the unique lifestyle it offers residents.

"The growing retail sector is supporting evidence of how the city is evolving to become a cultural and community hub. At Aldar, our ambition in Al Ain is to complement the existing entertainment and lifestyle amenities in the city to offer visitors a memorable shopping and leisure experience," the chief development officer said.


More news from