Developer plans to open $81m specialist mall in Dubai
By Staff writer arabianbusiness
Monday, 16 May 2016 1:44 PM
Construction of Dubai’s first shopping mall dedicated to the furniture market is set to be completed by April 2017, its developer has announced.
MMS Gulf has said it has awarded the main construction contract to Airolink for the AED300 million retail project called the Art Centre.
A statement said the project will host brands ranging from medium-end to high-end, covering more than 100 retail stores such as lighting, accessories, home-appliances, kitchens, bathrooms, offices, flooring, textiles, decoration materials and furniture.
It will also feature free valet-parking, a cigar lounge, a children’s play area, a spa, a gym and cafes and restaurants from its location in Al Barsha.
“The project will be market-leading in the UAE, particularly as there are no other competitors. The timing is perfect because the real estate and the hospitality markets are witnessing a golden era before Expo 2020,” said Dr Samer Al Omari, CEO and partner of MMS Gulf.
MMS Gulf said in the statement that it has began initial agreements with possible tenants, after receiving hundreds of applications since the launch of the project.