Dubai Industrial Park launches first retail mall
Dubai Industrial Park (DI) has officially opened its first retail offering, Sapphire Mall. Sapphire Mall has been built at an investment of more than Dh100 million.
Sapphire Mall is the first project to be completed by Dubai Industrial Park in collaboration with Sapphire Investment. The project has a 215,000 square feet retail and dining facility. The mall is currently open to a number of retail stores and restaurants. Upon complete activation, the mall will also provide for money exchange services and medical facilities.
Saud Abu Al-Shawareb, Managing Director of Dubai Industrial Park, said, “The opening of the new mall not only serves our ambitious plans to position Dubai Industrial Park as a lucrative hub for business investment, but also reflects our commitment towards the community. We believe that community shopping centers play an important role in improving the quality of life of the people living within the destination. Aligned with our vision of creating opportunities and special moments for our community, we are dedicated to providing our residents with fully-equipped stores and best-in-class services.”
Dubai Industrial Park is one of the largest industrial hubs in Dubai and a member of Tecom Group. Sapphire Investments LLC operates as the parent company of Sapphire Mall.
Source: Trade Arabia
Fulya Altunyay/ [email protected]