GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >> Real Estate Retail

 
  Share

New shopping mall expands over 2.3 million square feet and comprises 300 shops and a family entertainment centre

Dhs. 1 billion project to be ready for Expo2020

Dubai-UAE: 19 April, 2017 - His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Silicon Oasis Authority (DSOA), the regulatory body for Dubai Silicon Oasis (DSO), the integrated free zone technology park, today unveiled the commemorative plaque and laid the foundation stone for Silicon Mall, the new 2.3 million square feet shopping mall by the LuLu Group International (LuLu Group), one of the top retailers in the Middle East, at the hi-tech park. The total investment on this new project is expected to be around Dhs. 1 billion.

The ceremony was attended by Dr Mohammed Alzarooni, Vice Chairman and Chief Executive Officer of DSOA, Yusuff Ali MA, Chairman and Managing Director of LuLu Group International as well as senior management from DSOA, and the Lulu Group.

Speaking at the event, Dr Mohammed Alzarooni said: “We have tremendous respect for companies, small and large, that have been instrumental in fostering the momentous growth of Dubai and the UAE. Dubai Silicon Oasis is one such entity that has not only created an enabling business environment for corporations, but has also encouraged partnerships with like-minded entities that share its vision and proactively contribute to the local economy.

He added: “We are proud to announce that LuLu Group has chosen to locate its upcoming mega mall within the premises of this hi-tech park. Construction of the mall - which is currently underway - will be completed by 2020, an important year when the nation expects to welcome approximately 25 million visitors hoping to enjoy the Dubai Expo 2020 and other unique national experiences and sights.”

Dr Alzarooni concluded: “We are keen on providing the utmost support, which position DSOA as an integrated community for its visitors, employees, and residents. We are pleased today to lay the foundation stone of Silicon Mall, which is on track with consumers' preferences of retail environments and the latest in sustainable infrastructure. We are pleased to host Silicon Mall, the LuLu Group's newest shopping mall project. We believe it will provide residents and tourists of all ages with a unique shopping and entertainment experience. The new architectural project fits seamlessly with Dubai Silicon Oasis's objective of driving constant innovation and creativity.”

Speaking to media at the ceremony, Yusuffali MA, said: “Silicon Mall is our most ambitious project in the UAE to date, and we intend to make it the most interesting and exciting mall in Dubai. Work on the project will be completed in a period of 30 months, just in time for the launch of Dubai EXPO 2020.”

He added: “The UAE is poised for strong economic growth and I am very optimistic about the future, especially for the retail industry. The far-sighted and visionary leadership of this great country has planned many game-changing and innovative initiatives and we are delighted to be a part of this incredible success story.”

Leveraging best-in-class international standards and green building concepts, the Silicon Mall at Dubai Silicon Oasis will feature a futuristic façade that is set to serve as its unique value proposition. It will comprise sky-lit corridors for natural light harvesting on all floors. The mall will offer covered parking for up to 3,000 cars across two levels.

With easy and convenient access to the Dubai Expo site and the new Al Maktoum International Airport, the new shopping mall is poised to become a popular destination for both residents and tourists in Dubai's vibrant retail landscape.

In addition to more than 300 international and local branded stores, and 12 anchor stores, the new shopping mall will also house the ever-popular LuLu Hypermarket and Department Store on two levels. Other key attractions include the biggest Family Entertainment Center spread across 70,000 sq. ft. and more than 50 F&B outlets and diverse entertainment and leisure offerings.

Dubai Silicon Oasis (DSO) is a technology park and provides an integrated living and working community. DSO's urban master-planned community spans 7.2 million square meters and has been carefully divided into five main pillars - industrial, commercial, education, living and residences, and public facilities. The technology park enjoys state-of-the-art utility infrastructure featuring advanced telecommunications, electricity, and road networks. It is home to residential and commercial facilities - schools, nurseries, community shopping centers, cafes, restaurants, healthcare, and wellness among others. DSOA recently announced the Silicon Park, a landmark development spanning 150,000 square meters - the first integrated smart city project taking shape at the hi-tech park.


Posted by : GoDubai Editorial Team
Viewed 13609 times
Posted on : Wednesday, April 19, 2017  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Mövenpick Hotels & Resorts' Pakistan Presence Blooms as Firm Signs New Property in the ‘City of...
Next Story : Al Maryah Island to Showcase its Hospitality, Dining and Celebrations Offering at Arabian Travel Mar...
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
SOUQ.com hosts two-day Samsung carnival with incredible offers on Mobiles, Weara...
100 New Ways to Transform Your Home With the New Ikea Catalogue
Perfect Fragrances to Celebrate Eid
A Post-Summer Pigmentation Saviour from MZ SKIN
LG V30 to Elevate Smartphone Camera to New Heights
Next Major Smartphone From LG to Feature First-Ever OLED FullVision Display
COÉGA Sunwear Launches Contemporary Autumn/Winter '17 Conservative Swimwear
Michael Kors Debuts New Bancroft Handbag Collection
International SOS and Control Risks Advise Pilgrims Worldwide Ahead of Hajj 2017
Introducing the Fall 2017 GUESS Accessories Collection Advertising Campaign
Eid Al Adha with Paule Ka Fall-Winter '17
The Ritual of Karma
Six Down, Two to Go - ADSB Keeps Up Pace in Delivering Ships to Kuwait
Patrimony Collection Excellence Platine
Highly Anticipated Audemars Piguet Royal Oak Extra-thin Arrives in the Middle East
ICONIC announces ICONIC KIDS- Born Different
Global Jewellery Retail Chain Joyalukkas signs Award-Winning Bollywood Actress K...
Emily Ratajkowski wears Salvatore Ferragamo eyewear
UAE Team Emirates to Make Vuelta a España Debut
SOUQ.com – Your one stop shop for all back to school essentials with up to 60% off
Zenith Chronomaster El Primero Full Open
"WATHIQATI" Receives the highest number of documents since its launch ...
UAE is likely to see increased cashless transactions by 2020: Xpress Money's Str...
New UAE Space Agency Board of Directors Holds First Meeting
Education in the UAE continues to cost families almost AED 1 million per child n...
The Aston Martin Vanquish Zagatos: Speedster and Shooting Brake join Coupe and V...
Al-Futtaim Honda launches Consumer Happiness Counter initiative
Growing appetite for seafood drives demand at Middle East's largest dedicated se...
Abu Dhabi Ports seals strategic partnership with Healthpoint for wellness-coachi...
Dubai Land Department's ‘Ejari' smart application protects the right of all parties
Turkish Airlines' cross-continental flights are more comfortable now with the ba...
Kamal Vachani welcomes Rt Hon Keith Vaz MP, UK
Joyalukkas launches Diamond Earring Festival with the latest Happy Diamonds coll...
Win prizes worth over AED 2million with Al-Futtaim's retail brands
Jafza attracts 267 new companies during the first half of 2017
3rd Maritime Conference & Expo (MARACAD 2017) launches “Maritime Business Leader...
Get Ready to Go Back-to-School with Dubai Festival City
Dubai Science Park and Al Jalila Foundation sign MoU to support scientific resea...
Fiat Chrysler Automobiles to Join BMW Group, Intel and Mobileye in Developing Au...
“Gulf Navigation Holding” marked rapid profit growth in the first half of 2017 by 33%
Second phase of electronic medical record project goes live across several DHA h...
Schneider Electric and Claroty partner to address safety and cybersecurity chall...
Major Components Successfully Installed at Unit 4 of Barakah Nuclear Energy Plan...
Top Saudi Students Complete Huawei's ICT Program in China
First-of-its-Kind National Health Study to Enlist 20,000 Emiratis
Sharjah Health Education Department Announces “Health and Tourism 2017”
Sharjah calls on entrepreneurs to participate in flagship Sheraa Accelerator program
UAE Student's ‘Genes in Space' Experiment Launches to International Space Station
Selfie Superstar or Sports Fanatic? Head Back to School with the Latest Must-Hav...
UAE Welcomes the Finalists of the Most Popular INFINITI Engineering Academy Edit...