Fujairah City Centre leases over 90% space

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Fujairah City Centre leases over 90% space

DUBAI — Fujairah City Centre on Wednesday announced that more than 90 per cent of the mall has been leased and the shopping mall is on-track for opening in early next year.

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Published: Thu 22 Sep 2011, 11:01 PM

Last updated: Tue 7 Apr 2015, 11:06 AM

The mall is currently under development by Majid Al Futtaim Properties in partnership with the government-owned Fujairah Investment Establishment. It has surpassed several key construction, leasing and safety milestones confirming an ‘on-target’ schedule for opening in early 2012, according to a statement by the developer.

“Fujairah City Centre will provide a boost to the underserviced retail landscape in Fujairah by providing a high quality and unique shopping and entertainment experience for the growing community,” said Yousif Al Ali, Asset Director.

“We are proud of the advancements to the mall’s leasing, construction and overall progress to-date. It’s a positive reflection of Majid Al Futtaim Properties’ commitment to best practices and the industry’s interest in Fujairah as an emerging retail market. Looking forward to 2012, Fujairah City Centre will redefine the shopping and entertainment experience in the Emirate.”

It has achieved a near-100 per cent fully leased status, with 100 of total 105 retail outlets confirmed to-date. This represents a major milestone for the still-emerging retail landscape in Fujairah.

With a gross leasable area (GLA) of 34,000 square metres, the mall’s varied retail mix will cater to the immediate needs and projected growth of the Fujairah community and includes the Emirate’s largest Carrefour hypermarket and several new brands to the region.

To-date, with over 1,000,000 (one million) hours logged across a workforce of 1,100, Fujairah City Centre continues to operate as an accident-free site. Following best-in-class practices, Fujairah City Centre is targeting a Gold LEED rating according to the USGBC Green Building Guidelines. The building will be the first in the Emirate to achieve a LEED rating.

Constructive advancements to-date have also resulted in an accelerated tenant fit out schedule with tenant fit-out commencing in October — two months ahead of schedule. This update was recently communicated to retailers by Majid Al Futtaim Properties, reaffirming the mall’s strong progress and on-track delivery of the opening as planned.

Fujairah City Centre is strategically located on the intersection of the new Fujairah-Dubai highway and the existing Masafi Highway at the entrance to Fujairah City. Khansaheb Civil Engineering is the contractor for the estimated AED 400 million project.


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