• HSBC

EMAAR unveils retail opportunities at 9th Annual Shopping Centre Convention exhibition

  • United Arab Emirates: Monday, October 06 - 2003 at 16:54
  • PRESS RELEASE

EMAAR Properties, the leading property developer in the region, is showcasing retail opportunities at its residential developments during the 9th Annual Shopping Centre Convention trade exhibition, taking place at Emirates Towers Hotel from October 6 to 8, 2003.

The 9th Annual Shopping Centre Convention is jointly organised by The Middle East Council of Shopping Centres and International Council of Shopping Centres and aims to create business opportunities for developers, shopping centre owners, retailers, investors and service providers for the shopping centre industry.

Emphasising the wide selection of retail opportunities at EMAAR developments, Ibrahim Al Hashimi, Executive Director, Retail, EMAAR said: "This is a unique opportunity for EMAAR to network with local and international retail industry players. We look forward to showcasing retail opportunities existing within the EMAAR family of communities, including the Burj Dubai, Dubai Marina, Arabian Ranches and golfing communities."

The innovative EMAAR stand will display a rotating panel of day and night images of the Burj Dubai, destined to include the world's tallest building.

Being a mixed-use development, the Burj Dubai will offer numerous retail opportunities within the tower, its hotel, the shopping mall, which will be the biggest mall in the world, and Old Town. The sales centre is already under construction and registration for parties interested in obtaining retail space has opened.

Dubai Marina invites retailers to become part of a unique waterfront lifestyle by taking up retail space on promenade level, overlooking the tidal water channel. Retail opportunities are mainly targeted at speciality restaurants and coffee shops, which will add to the ambience of leisurely waterfront living.

Further opportunities for a 10,000 square foot supermarket, laundry, ladies' salon and pharmacy also exist along the Dubai Marina water channel. Upon completion, the development will consist of ten districts and will ultimately have 40,000 residents living and shopping within the development. Completion of the ten districts and their retail opportunities will roll out from now up to 2008.

Community shopping centres at The Meadows, The Springs and The Greens will all contain essential retail outlets such as laundromats, pharmacies and supermarkets. In addition, The Springs Centre will house a private clinic. The Meadows will house a sports and youth centre and larger sporting facilities. Each centre will feature restaurants and coffee shops.

The Emirates Hills Town Centre will be located between The Meadows and The Springs and will be easily accessible from a number of EMAAR developments, including the Dubai Marina. It will incorporate a 35,000 square foot supermarket, 12 retail outlets, a male and female spa, three restaurants and three food court outlets.

Arabian Ranches Centre & Polo Club will be part of EMAAR's prestigious Arabian Ranches development. It is set to incorporate a 20,000 square foot supermarket, 10 retail outlets, restaurants and an additional freestanding spa facility. A polo club and horse stables will be the main focus of this development and some retail outlets will be housed within these areas too.

Retailers already signed for EMAAR retail space include Choithrams, Spinney's, Starbucks, Royal Orchid, Rupee Room, Coffee Bean & Tea Leaf, Subway, Johnny Rockets, Il Forno, Digiphoto, Butlers, Champions and Baskin Robbins.
From right to left: Taher Badri, Centre Manager, Gold & Diamond Park, Maisoon Thani, Sales Manager (Retail), Ghada Siam, Executive Secretary (Retail & Leasing Dept.), Ibrahim Al Hashimi, Executive Director (Retail & Leasing Dept.), Jill Solwa, Leasing Manager, Fariza Ahmed, Marketing Executive (Leasing), and Shihab from the retail team. 
From right to left: Taher Badri, Centre Manager, Gold & Diamond Park, Maisoon Thani, Sales Manager (Retail), Ghada Siam, Executive Secretary (Retail & Leasing Dept.), Ibrahim Al Hashimi, Executive Director (Retail & Leasing Dept.), Jill Solwa, Leasing Manager, Fariza Ahmed, Marketing Executive (Leasing), and Shihab from the retail team.
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Notes and Media Contacts »

About EMAAR Properties PJSC

EMAAR Properties is a Public Joint Stock Company listed on the Dubai Financial Market. With an asset base of US$ 6 billion including the land bank, the Company's vision is to 'Shape the Future of Dubai' by focusing on innovation, meticulous planning and the continuous pursuit of excellence. The Company has witnessed tremendous growth since its inception in 1997 and boasts a rapidly growing tenant base.

Currently, it has ten major real estate projects under various stages of development. These developments include Dubai Marina, Arabian Ranches (including Gazelle), Emirates Hills, The Meadows, The Springs, The Lakes (including Hattan Homes), The Greens and EMAAR Towers in downtown Dubai. The company also owns and manages the Gold and Diamond Park and will soon launch on its ambitious plans to build Burj Dubai - the tallest skyscraper in the world.

While EMAAR continues to actively pursue expansion in its core business of innovative, high quality real estate development it has diversified into related business lines to further build value for its 41,000 shareholders. In line with this corporate belief, EMAAR also owns and manages four subsidiaries - Dubai Bank, focused on retail and commercial banking, Amlak Finance, the UAE's first and only mortgage finance company, EMRILL, a joint venture with the UK-based Carillion plc which provides innovative property and facilities management services, and it technology and communications company, Sahm Technologies.

For further information, please contact:
Christa Vander/Sameh Hamtini
ASDA'A Public Relations
Burson-Marsteller exclusive Middle East affiliate
Dubai, UAE
Tel: +971-4-3355969, Fax: +971-4-3356080

Malika Bseiso
EMAAR Properties
Tel: +971-4-399 3366
Fax: +971-4-399 2292

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