RAS AL KHAIMAH 12 June 2017: A new Dh68.5 million shopping mall is due to open early next year in Ras Al Khaimah.
Majid Al Futtaim announced its new up-coming neighborhood shopping destination in Ras Al Khaimah: My City Centre Al Dhait.
The retail pioneer’s expansion into the Northern Emirate comes as part of the company’s strategy to increase its total investment in the United Arab Emirates by Dh30 billion by 2026. The new shopping mall will be serving Ras Al Khaimah’s communities early next year.
The new community mall, which represents an investment of Dh68.5 million, is Majid Al Futtaim’s third ‘My City Centre’ mall. Located in a strategic location between two growing residential communities in the North and South-West of Al Dhait in Ras Al Khaimah, it will begin construction this month.
My City Centre Al Dhait will bring a diverse and tailored mix of shopping and dining outlets. It will be home to 30 stores across 5,494 sqm of gross leasable area, including a 1,178 sqm Carrefour Market, and will offer 117 parking spaces to visitors.
“The new My City Centre Al Dhait shopping destination underscores the success of Majid Al Futtaim’s ‘My City Centre’ brand, a neighbourhood retail brand focused on offering accessible, convenient and lifestyle-oriented stores to serve surrounding communities,” said Ghaith Shocair, Chief Executive Officer Shopping Malls, Majid Al Futtaim Properties.
My City Centre Al Dhait was designed to address the needs of Al Dhait’s growing communities, as Ras Al Khaimah continues to expand its economy through manufacturing, tourism, and free zone activities. Both residents and tourists will benefit from a new range of shopping and dining options, delivered in line with Majid Al Futtaim’s commitment to quality.
Complementing the growth in the UAE, Majid Al Futtaim has expansion plans ongoing in Oman, Saudi Arabia, and Egypt, while redeveloping a number of its 21 existing retail and leisure destinations.
By Rajive Singh