City Centre Mirdif 91m USD revamp (June 2018)

Majid Al Futtaim gives update on enhancements at City Centre Mirdif, set for completion in early 2018, is part of the mall operator’s commitment to enhance customer experience, the company said in a statement.

The Enhancement includes

  • an innovative parking guidance system that enables arriving guests to easily identify available parking spaces and electronically locate their cars after a trip to the mall.
  • 500 existing parking spaces have been upgraded
  • the expansion will add over 1,000 car parking spaces on the new upper deck and new entry and exit points.
  • City Centre Mirdif’s VOX Cinemas expansion project (to include 10 new screens – six new standard and four new THEATRE by Rhodes auditoria – as well as a lounge and public amenities.) is scheduled for completion in June 2018.

Majid Al Futtaim’s overall UAE strategy to open by the end of 2020.

10 new City Centre destinations –  28 Cinemas – 40 Carrefour supermarkets

 

Union Properties announces The Central at MotorCity

Dubai-based developer Union Properties is set to further diversify its operations and revenue sources by opening two new fully-owned subsidiary companies – Dubai-based developer Union Properties is set to further diversify its operations and revenue sources by opening two new fully-owned subsidiary companies –

• Union Malls.
• Al Etihad Hotel Management.

Announcing the news at Cityscape Global 2017, Nasser Butti Omair bin Yousef, chairman, Union Properties, says, “Guided by a new management team, master plan and projects, Union Properties is beginning a new chapter in its proud history. We have identified the creation of divisions in the mall and hotel sectors as being key drivers for the next stage of Union Properties’ success that will serve to diversify our revenues while enhancing our communities.”Union Malls will provide retail and leisure options in Union Properties developments. Located in the heart of Motor City, its inaugural mall will be ‘The Central’, a 1.07 million-sqft complex spread over four floors offering shopping retail, dining and a wide range of leisure options.

The Central will be characterised by its sports offering and will feature –

• 250-metre indoor velodrome (fully-equipped for cyclist and their trainers).
• 700-metre indoor elevated running track.
• Indoor Olympic-sized swimming.
• Diving centre.
• Six indoor basketball courts.
• Medical suites for sports therapy.
• 17,000 sqft gymnasium.

In keeping with its location in MotorCity, the automobile will be the other defining characteristic of The Central.

“A museum will enable classic car owners and manufacturers to display their collections, while there will also be a centre for the sale of used and classic cars.”

“For 30 years, Union Properties has put liveability at the heart of our communities. The opening of our new Union Malls subsidiary is the natural extension of this commitment that will enable us to create fantastic new shopping and leisure destinations in key developments like MotorCity. With a uniquely broad offering that combines retail and dining with sports and automobiles, The Central will not only be a great new asset for community residents but also for people across the whole emirate of Dubai,” adds Yousef. Al Etihad Hotel Management is a fully-owned subsidiary of Union Properties set up to develop and manage luxury hotels and furnished residences in Dubai. It is expected to provide hospitality services and facilities management for approximately 3,000 serviced apartments and 3,500 hotel rooms throughout MotorCity, before expanding its business to the rest of Dubai and beyond.“Dubai is one of the world’s most dynamic travel and tourism destinations, with Union Properties well placed to serve the increasing levels of demand anticipated over the coming years. Al Etihad Hotel Management will give us access to this important market and add new infrastructure to our communities,” Yousef states.

Dubai hotel room construction pipeline tops 29,200

Dubai has the biggest hotel room construction pipeline in the Middle East and Africa, according to new figures released by analysts STR.

Its October 2017 Pipeline Report showed that the emirate currently has 29,226 hotel rooms in 95 projects in various stages of planning.

That’s nearly 5,500 more rooms than the Saudi holy city of Makkah, STR said.

Other prominent Gulf cities with major hospitality projects include

  • Doha (8,878 rooms in 38 projects),
  • Riyadh, Saudi Arabia (6,349 rooms in 29 projects)
  • Abu Dhabi (4,124 rooms in 12 projects).

The report showed a total of 166,774 rooms in 580 hotel projects under contract in the Middle East.

Under contract data includes projects in the in construction, final planning and planning stages but does not include projects in the unconfirmed stage.

The under contract total in the Middle East in October represents a 5.1 percent increase in rooms compared to October 2016.

Specifically in the in construction phase, the Middle East reported 99,790 rooms in 314 projects, up 18.1 percent on a year-over-year basis.