Trend Dubai Will Build 20 Malls Again for Next Year

Dubai as the world's largest shopping center - Unsatisfied with the shopping center will be the biggest building in the world, Dubai again saw an opportunity to develop a similar property. Unmitigated, the city plans to build as many as 20 shopping centers in the next five years.
Not a big shopping center as usual, but the compact size, smaller, yet effectively meet the needs of urban communities.

The big plans surfaced in Retail Summit in Palm Jumeirah, Dubai. In this event, it was revealed, that the needs of urban communities inside and outside of Dubai will be the new shopping centers is increasing.

Head of Leasing Retailcorp Mall, Zayed Shael Humaid, said the shopping center will be a trend developing in the city has a mean size of an area of ​​7,432 square meters. Covering an area of ​​2,322 square meters of which is for zone supermarkets or major retailer (anchor tenant). Shopping center like this will also contain 20 to 30 units with an average size of 92 square meters wide.

Shael added, offering a small mall-based retail business community, something different from the current big scale. However, what is important about this Urban Co mall is convenient, safe and provide added value to the community and the visitors. Selian, of course, as a means of meeting place.

"Every community needs a variety of types of retail options. Instead, each mall also made ​​specifically for the community," said Shael.

He proposes, 20 community malls to be developed until 2020, located in new growth areas, namely the Palm Jebel Ali. This region, has the capacity to develop as many as seven new malls.

So far, the Shael, it is optimistic, new malls that can be absorbed by the market. Proven performance that shopping center rents skyrocket now operates ten percent since the beginning of this year.

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