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Dubai Holding Asset Administration (DHAM) has introduced the launch of “Dubai Retail” because the unified model for greater than 40 malls and way of life locations throughout the town.
The transfer marks a significant milestone in DHAM’s progress technique following the mixing of Nakheel and Meydan into Dubai Holding in 2024, designed to spice up effectivity, scalability, and long-term competitiveness in retail operations.
With the introduction of Dubai Retail, DHAM brings collectively a portfolio spanning 10 malls, 15 way of life locations, and 18 group retail centres, overlaying greater than 13 million sq. toes of gross leasable space (GLA) and housing over 6,500 retailers.
Dubai retail mall
As a part of the rebrand, Nakheel Mall has been renamed Palm Jumeirah Mall following the opening of its redeveloped part. Positioned as a flagship vacation spot on the long-lasting Palm Jumeirah, the mall is now a central a part of Dubai Retail’s community.
Malek Al Malek, Group CEO of DHAM, mentioned: “Our malls and locations have been instrumental in shaping the town’s dynamic retail panorama and evolving buyer experiences.
“Dubai Retail attracts on the energy and synergies of the broader Dubai Holding ecosystem—together with improvement and asset administration—positioning it to grab the alternatives introduced by a quickly increasing inhabitants, a thriving tourism sector and forward-looking city improvement.
“The current launch of Nad Al Sheba Mall, along with the continued improvement of Al Khail Avenue, which can add 1.2 million sq. toes to our present GLA upon completion, underscores our dedication to increasing Dubai Retail’s footprint with locations that drive the expertise economic system.”
Fareed Abdelrahman, Managing Director, Retail Locations at DHAM, mentioned: “Being one of many area’s largest teams of malls and retail locations is just the start line. This announcement strengthens Dubai Retail’s skill to develop strategically and constantly improve its locations to fulfill the evolving expectations of residents and guests.”
The newly fashioned retail group’s portfolio contains 10 malls equivalent to:
- Palm Jumeirah Mall
- Nad Al Sheba Mall
- The Outlet Village
- Circle Mall
- Ibn Battuta Mall
- Golden Mile Galleria
- Bay Avenue
- Bay Sq.
- Dragon Mart
- Al Khail Avenue (coming quickly)
Its way of life locations embrace:
- Bluewaters
- JBR
- Palm West Seashore
- The Membership at Palm West Seashore
- Vista Mare
- Al Khawaneej Stroll
- Souk Al Seef
- Souk Madinat Jumeirah
- Boxpark
- Final Exits
- DXBIKE
- Dubai Islands Seashore
As well as, 18 community-focused retail centres serve key residential areas, together with Jumeirah Islands Centre, Al Furjan Centre, Discovery Gardens Centre, Worldwide Metropolis Centre and extra.
By uniting its numerous locations below the Dubai Retail model, DHAM goals to reinforce buyer expertise, align with world retail traits, and assist the long-term imaginative and prescient to strengthen its place as a worldwide capital for retail, way of life, and tourism.
Dubai Retail portfolio at a fast look
| Class | Key Locations | Whole |
| Malls | Palm Jumeirah Mall, Ibn Battuta Mall, The Outlet Village, Circle Mall, Nad Al Sheba Mall, Golden Mile Galleria, Bay Avenue, Bay Sq., Dragon Mart, Al Khail Avenue (upcoming) | 10 |
| Life-style Locations | Bluewaters, JBR, Palm West Seashore, The Membership at Palm West Seashore, Vista Mare, Al Khawaneej Stroll, Souk Al Seef, Souk Madinat Jumeirah, Boxpark, Final Exits, DXBIKE, Dubai Islands Seashore | 15 |
| Neighborhood Retail Centres | Jumeirah Islands Centre, Jumeirah Park Centres, Al Furjan Centres, Badrah Centre, Remraam Centre, Shorooq Centre, Ghoroob Sq., Layan Centre, Mudon Centre, Serena Centre, Villanova Centre, Meydan Heights Centre, District One Centre, Discovery Gardens Centre, Worldwide Metropolis Centre, Al Khail Gate Centre | 18 |
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