Dubai Festival City offers unrivalled opportunity for premium retailers in growth market

The Collection, which is designed to link directly into the 400 room Four Seasons Hotel, the world's most exclusive, luxury hotel brand and the first in the United Arab Emirates, will complete the 2.9 million sq ft Festival Centre retail resort.

Dubai's total market potential for luxury retail and leisure is forecast to show impressive growth from approximately Dhs7bn in 2010 to Dhs20.6bn by 2015.

Visitors to Dubai currently represent 69% of all luxury retail and leisure spending and this figure is forecast to rise to 77% by 2015 when 15 million visitors are expected2.

Key tourism initiatives such as Dubai Shopping Festival and quality retail environments are strategically important to Dubai maintaining its position as one of the world's top two shopping havens.

This high level of tourism, coupled with a rapid population growth of approximately 25,000 new residents each month provides a rare and exciting opportunity for premium brand retailers.

Dubai Festival City is a 1300 acre mixed use urban community stretching 3 kms along Dubai Creek developed and operated by Al-Futtaim Group Real Estate, part of the dynamic Al-Futtaim group, one of the most progressive, private businesses in the region with over 70 companies.

Festival Centre, which attracts 20 million guests a year, forms the focus of the community and enjoys a superior Creekside location and successfully blends shopping, dining and entertainment, hotels and a luxury Mediterranean styled Festival Marina to create a lifestyle and ambience reminiscent of the Cote D'Azur.

"The retail experience at The Collection will be second to none" says Philip Evans, Director of Retail Leasing, Al-Futtaim Group Real Estate.

"The strategic tenant mix will bring together the most influential and acclaimed names in fashion and hospitality. In line with our vision to deliver excellence we will be seeking new and vibrant retailers to add to this strong mix."

The Collection will house the largest grouping of luxury retailing in Dubai and the tiered architectural design provides multiple opportunities for retailers to attract and engage with guests.

The ground and first floor will be dedicated to luxury retailing and department stores.

The second floor will feature designer homewares, a five star day spa and a luxury foodhall.

Michelin starred fine dining roof top restaurants will have spectacular views over the Creek and the famous Dubai skyline.