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shiva Apr 9th 2009 6:37 am

Mirdiff mall
 
coming along nicely for those of us in Mirdiff

"New Mirdif mall 90% leased out, opens in 2010"

http://www.arabianbusiness.com/image...ntre_thumb.jpg

although the artists impression is bollocks as there isnt enough room between the front door and the road to build all that greenery

http://www.arabianbusiness.com/55208...-opens-in-2010

sweet
"Mirdif City Centre will also include dedicated community areas, medical clinics, spa, personal grooming facilities, fitness centre and more than 20,000 square metres of leisure concepts including a special children’s ‘edutainment’ centre, an indoor ‘iFly’ sky diving experience, a 12-lane bowling alley, and a 10 screen state-of-the-art multiplex cinema."

MataHari Apr 9th 2009 6:41 am

Re: Mirdiff mall
 
oh wow, that looks fab...would be nice if it actually turns out like that...
Festival City will be suffering for sure...god knows how all those shops will survive. Saw that a few shops in Uptown are closing now...

shiva Apr 9th 2009 6:52 am

Re: Mirdiff mall
 

Originally Posted by MataHari (Post 7465197)
oh wow, that looks fab...would be nice if it actually turns out like that...
Festival City will be suffering for sure...god knows how all those shops will survive. Saw that a few shops in Uptown are closing now...

surprisingly for dubai, i think it will. they have the structure in place for the fancy door already, car parking is nearly finished etc. only thing is as i say the green bit wont be as big as the picture.

be brilliant having a cinema less than 5 mins walk away and a carrefour the same.

Spugsy Apr 9th 2009 7:09 am

Re: Mirdiff mall
 

Originally Posted by MataHari (Post 7465197)
oh wow, that looks fab...would be nice if it actually turns out like that...
Festival City will be suffering for sure...god knows how all those shops will survive. Saw that a few shops in Uptown are closing now...

really? which ones?

admon Apr 9th 2009 7:31 am

Re: Mirdiff mall
 

Originally Posted by MataHari (Post 7465197)
oh wow, that looks fab...would be nice if it actually turns out like that...
Festival City will be suffering for sure...god knows how all those shops will survive. Saw that a few shops in Uptown are closing now...

Lots of retail groups are currently trying to either renegotiate rents or get out of their leases in various areas of Dubai, as lots have paid Bahnhofstrasse rents for what are pretty much rubbish shops.

Bearing in Mind that Mirdiff City Centre is one of 3 large shopping areas set for completion by the end of 2010 and it is clear that the over supply for retail that is here already, will become severely exacerbated

shiva Apr 9th 2009 7:35 am

Re: Mirdiff mall
 

Originally Posted by admon (Post 7465294)
Lots of retail groups are currently trying to either renegotiate rents or get out of their leases in various areas of Dubai, as lots have paid Bahnhofstrasse rents for what are pretty much rubbish shops.

Bearing in Mind that Mirdiff City Centre is one of 3 large shopping areas set for completion by the end of 2010 and it is clear that the over supply for retail that is here already, will become severely exacerbated


agreed, however i think mirdiff mall might be alright soley as it has a customer base on its doorstep, festival city is ****ed though

admon Apr 9th 2009 7:43 am

Re: Mirdiff mall
 

Originally Posted by shiva (Post 7465298)
agreed, however i think mirdiff mall might be alright soley as it has a customer base on its doorstep, festival city is ****ed though

I don't know, I mean look at Ibn Battuta, still exceptionally quiet most of the time despite being next to Disco gdns, Marina, Jebel Ali etc.

Aside from 1 or 2 'destination malls' the rest have to consider themselves provincial shopping areas and have to set themselves up as such, with rents cheap enough that allow retailers with local requirements in mind to be able to base themselves there - the market just isn't big enough to sustain 7 or 8 huge shopping centres, as well as the 20 or so mini malls.

But hey, who ever said that any developer in Dubai had any brains, commercial acumen, or forward planning to speak of..


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