The refurb is part of Aldar’s AED 500 million investment in two of its retail properties
Great news on the retail front in Al Ain as Aldar’s commitment to invest in Al Jimi Mall in Al Ain is promising to increase shopportunities for residents in Abu Dhabi’s Garden City.
The AED 500 million investment will see the redevelopment of Al Jimi Mall Al Ain and Al Hamra Mall Ras Al Khaimah, bringing Aldar properties total spend on redeveloping key retail assets to a whopping AED 1 billion.
The redevelopment of Al Jimi Mall, expected to be fully completed by Q1 2025, aims to enhance the customer journey, and uplevel the mall to what Aldar’s says will be “the residents’ mall of choice” in the city.
According to Aldar, the Gross Leasable Area (GLA) will increase by 20 per cent to 91,000 sqm and introduce new anchor retailers, premium international brands, not to mention new and popular food concepts.
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The mall will still remain open during the refurbishment.
Al Jimi Mall is Al Ain’s first shopping and entertainment destination, offering families and shoppers a wide variety of top brands all under one roof in the heart of Garden City.
In 2019, Aldar completed a major expansion and introduced a retail park, which doubled the mall’s store count to more than 200 in addition to an eight-screen VOX cinema and a variety of dining outlets.
Work is also being carried out Al Hamra Mall in Ras Al-Khaimah, which Aldar acquired in February 2022, with work, such as refurbishment of the façade and reimagined spaces, along with expanded F&B offering.
The project is being rolled out in phases and work at Al Hamra Mall is set to be completed in mid-2024.
For more news, head to Yalla Abu Dhabi
