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Aldar Properties launches Dh2b mixed-use complex in Al Ain
Aldar Properties yesterday unveiled a Dh2 billion mixed-use integrated complex, Noor Al Ain, that would emerge on the existing Al Jimi Mall to offer modern residential, shopping, and leisure facilities to the residents.
- By Aftab Kazmi, Bureau Chief
- Published: 00:00 March 26, 2007
- Noor Al Ain will feature world-class shopping and leisure opportunities.
- Image Credit:
Al Ain: Aldar Properties yesterday unveiled a Dh2 billion mixed-use integrated complex, Noor Al Ain, that would emerge on the existing Al Jimi Mall to offer modern residential, shopping, and leisure facilities to the residents.
The development of the project will be based on the popular styles of multi-function shopping areas found at Sydney's Darling Harbour and Brisbane's South Bank, with a modern twist of Arabia.
Construction is already under way and investors are open to purchase residential space, and retailers to lease with the development, Ali Al Sayegh, chairman of Aldar Properties, said yesterday.
The centre will also have a 300-room business hotel, department stores, cinemas, family entertainment facilities, luxury offices, terraced gardens, family dining, a health and fitness club, water park, and an indoor beach.
Noor Al Ain will cover about 177,900 square metres of land, situated between Bin Hamdan and Mubarak Streets.
"The centre will provide an opportunity to Emiratis to purchase residential properties within a vibrant environment," he said, adding that Aldar had consulted world-leading architects to ensure a good development.
Retail leasing opportunities, said the chairman, are currently open with applications for the purchase of on-site apartments due to be available within the coming months.
"The creation of this retail and leisure complex will form a new town centre and will add great benefit for Al Ain residents to shop, rest and play, while also ensuring the region's special character and charm are retained," said Al Sayegh.
Ron Barrott, CEO of Aldar, said Noor Al Ain will be more of a destination than a mall, offering a retail mix and facilities for all budgets designed for the family. "This exciting development will set itself apart in Al Ain and set new standards of quality and design," he said.
Facilities that the mall will have
- Retail mall stretching over 160,000 square meters
- Wide selection of cafés and restaurants
- Indoor beach, water fun park, and multi screen cinema
- Health club and sports facilities, including a spa, gym and tennis courts,
- Rooftop gardens
- Six residential towers with 1,300 apartments
- 300-bed hotel
- Parking lots for 8,000 cars
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