Market Update: City Centre Al Zahia Opening

Market Update  – Deferment of Mall Opening Date

Project: City Centre Al Zahia
Location: Sharjah, UAE
Opening: March 2021
Capacity: 360+ Stores
Status: Fit-out Stage

Majid Al Futtaim has announced a new opening date for its upcoming mall in Sharjah – City Centre Al Zahia. Now set to open in March 2021, the decision allows tenants sufficient time to prepare for their new store openings and ensure they can provide a compelling customer experience.

Market Update – Mirkaaz, Ajman

Market Update – New Mall

Project: Mirkaaz, Ajman
Location: Dubai, UAE
Expected Completion: End of 2019
Capacity: 100+ Shops
Status: –

(The mall will feature international restaurants, a cinema, a family entertainment area, botanical gardens, a health and fitness centre, and a hypermarket

Mirkaaz will be the first mall in the UAE to feature a sprawling atrium roof)

Work starts on new $380m super mall in Abu Dhabi

Retail giant Majid Al Futtaim says ,
“City Centre Al Jazira will be its first super-regional mall in the UAE capital”

Construction work has started on a new AED1.4 billion ($380 million) lifestyle destination in Abu Dhabi, with an opening slated for 2021.

An official ground-breaking ceremony has taken place for City Centre Al Jazira which will include 153 stores,

• Carrefour Hypermarket.
• Magic Planet [family entertainment destination]
• Fitness centre.
• Alfresco dining choices.

Total leasable area is expected to be 80,500 sq m within a built-up area of 215,000 sq m, said operator Majid Al Futtaim in a statement.
The project is a joint venture between Majid Al Futtaim and Al Jazira Sports and Cultural Club.
“We believe in empowering our community, and we are thrilled to partner with Majid Al Futtaim which will allow us to have the opportunity to have a major role in building a new lifestyle destination in the heart of Abu Dhabi,” said Saeed Mohamed Bin Butti Al Qebaisi, chairman of Al Jazira Investment.
“We are delighted to partner with Al Jazira Sports and Cultural Club to bring our first ever City Centre mall to the capital,” added Ghaith Shocair, CEO, Shopping Malls, Majid Al Futtaim – Properties.
He said the new super-regional mall is scheduled to open its doors in early 2021 and is part of Majid Al Futtaim’s plan to increase its total investment in the UAE by AED30 billion by 2026, taking its total investment in the country to AED48 billion.
In addition to City Centre Al Jazira, the company recently announced the up-coming My City Centre Masdar, set to open by 2019 in the capital.