Abu Dhabi - Mubasher: Majid Al Futtaim and Al Jazira Sports and Cultural Club on Tuesday announced the launch of their joint AED 1.4 billion City Centre Al Jazira project in Abu Dhabi.
The project’s expected leasable area equals 80,500 square metres within a built-up area of 215,000 square metres, Majid Al Futtaim said in a statement.
City Centre Al Jazira will comprise 153 retail stores, a Carrefour Hypermarket, a Magic Planet family entertainment destination, and a fitness centre, along with indoor and alfresco dining choices, the company added.
“Al Jazira Sports and Cultural Club is a well-established name. We believe in empowering our community, and we are thrilled to partner with Majid Al Futtaim,” said Saeed Mohamed Bin Butti Al Qebaisi, Al Jazira Investment’s chairman.
The project’s construction works are ongoing, Majid Al Futtaim announced, noting that the project is scheduled to be inaugurated by the beginning of 2021.
“We are delighted to partner with Al Jazira Sports and Cultural Club to bring our first ever City Centre mall, City Centre Al Jazira to the capital,” Ghaith Shocair, Shopping Malls’ CEO at Majid Al Futtaim.
The launching of City Centre Al Jazira project came in line with Majid Al Futtaim’s announcement in June 2016 to add AED 30 billion to its total investment in the UAE by 2026.
