Saturday 6 June 2020

Dubai Industrial Park opens $27.2m community retail mall

DUBAI, January 6, 2019

Dubai Industrial Park (DI), one of the largest industrial hubs in Dubai and a member of Tecom Group, has officially opened its first retail offering, Sapphire Mall, which has been built at an investment of more than Dh100 million ($27.2 million).

A 215,000-sq-ft retail and dining facility, Sapphire Mall is the first project to be completed by Dubai Industrial Park in collaboration with Sapphire Investments. It aims to cater to residents in the destination’s growing community.

Abdulla Belhoul, the chief commercial officer of Tecom Group, joined hands with Saud Abu Al Shawareb, the managing director of Dubai Industrial Park, Najeeb Kadiri and Mohammed Ali Nocholy, the directors of Sapphire Investments for the grand opening of the shopping mall.

Speaking at the launch ceremony, Saud Abu Al Shawareb said: "The opening of the new mall not only serves our ambitious plans to position Dubai Industrial Park as a lucrative hub for business investment, but also reflects our commitment towards the community."

"We believe that community shopping centers play an important role in improving the quality of life of the people living within the destination. Aligned with our vision of creating opportunities and special moments for our community, we are dedicated to providing our residents with fully-equipped stores and best-in-class services," he noted.

"In working closely with Sapphire Investments to develop, implement and maintain our sustainable strategy, and keeping in mind community involvement through each stage of the project, we are confident that the new retail property will exceed expectations in meeting the growing demands of our end-users," he added.

Kadiri said Sapphire Mall in Dubai Industrial Park was a significant opportunity to provide the destination’s growing community with a range of easily accessible, close-to-home retail facilities that meet their everyday needs.

"With its vast array of shops and restaurants, including Al Madina Hypermarket as the anchor store, the two-storey mall ensures both comfort and convenience. Moreover, integrating our understanding of consumers’ increasing focus on relationships and family, Sapphire Mall boasts remarkable offerings that will make it the community’s go-to destination for unmatched experiences," he added.-TradeArabia News Service

Tags: retail mall | Dubai industrial park |

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