SHARJAH 10 May 2017: Majid Al Futtaim, a leading shopping mall and leisure pioneer across the Middle East, Africa and Asia, has broken ground on its new Dh2.6 billion (US$707 million) super-regional mall – City Centre Al Zahia in Sharjah.
When it opens in 2020, it will be the company’s largest mall within the UAE’s third-largest emirate, the company said.
Strategically located at the intersection of Sheikh Mohamed bin Zayed Road and University Road, City Centre Al Zahia is a super-regional mall of 136,200 sqm of gross leasable area, said Wam.
The super-regional mall will address the shopping and leisure needs of the residents of Sharjah, northern regions and Al Zahia, an award-winning residential destination with six themed parks, leisure facilities and featuring 2,270 homes ranging from 3-, 4- and 5-bedroom villas and townhouses to apartments of various sizes.
It will serve a trade area of more than 1.9 million people, as well as attracting residents of neighbouring emirates.
Offering a diverse mix of over 360 retail brands over two levels City Centre Al Zahia is anchored by a 15,100-sq-m Carrefour Hypermarket, complemented by leisure options including VOX Cinemas, with 16 screens incorporating the latest theatre technology, and a 2,350-sq-m Magic Planet family entertainment destination.
“Sharjah’s robust economic growth and the continued investment in its tourism, manufacturing, culture, and transport sectors make it an ideal destination for further development, especially in the retail, food and beverage, and entertainment landscapes,” said Ghaith Shocair, chief executive officer for shopping malls at Majid Al Futtaim Properties.
The expansion plans for City Centre Sharjah and City Centre Ajman are also key elements of Majid Al Futtaim’s overall UAE growth strategy announced in June 2016.
By Rajive Singh