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Abu Dhabi s Aldar to invest Dh500 million in Al Jimi Mall and Al Hamra Mall redevelopment

Project includes refurbishing the façade and introducing more popular brands

Ras al khaimahRas al khaymahUnited arab emiratesAbuz abySaoud khooryAbu dhabiAldar propertiesImage creditJimi mallGross leasable areaYas mallHamra mall ras al khaimahChief retail officer

Aldar increases investment in its retail portfolio to AED 1 Billion with new redevelopment plans

Aldar increases investment in its retail portfolio to AED 1 Billion with new redevelopment plans
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Saoud khooryRas al khaimahAldar propertiesGross leasable areaYas mallChief retail officerAldar investmentJimi mall

Emirates News Agency - Aldar increases investment in its retail portfolio to AED 1 Billion with new redevelopment plans

ABU DHABI, 25th July, 2023 (WAM) Aldar Properties (“Aldar”) today announced an AED 500 million investment plan to redevelop two of its key retail portfolio assets in the UAE: Al Jimi Mall in Al Ain, and Al Hamra Mall in Ras Al Khaimah. The investment takes Aldar’s committed spend on redeveloping key retail assets to AED 1 billion.The company has approved a redevelopment plan for Al Jimi Mall to enhance the customer journey and reinforce its position as the mall of choice for residents.

Abuz abyUnited arab emiratesAl hamraRas al khaymahRas al khaimahSaoud khooryAldar propertiesGross leasable areaYas mallChief retail officerAldar investmentJimi mall

Aldar Properties announces $131m redevelopment of UAE s Al-Jimi Mall, Al-Hamra Mall

Aldar Properties announces $131m redevelopment of UAE s Al-Jimi Mall, Al-Hamra Mall
arabnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arabnews.com Daily Mail and Mail on Sunday newspapers.

Ras al khaimahSaoud khooryAldar propertiesAl jimi mallAl hamra mallYas mallAldar investment

Aldar boosts retail portfolio investment to $272m

Aldar has unveiled a key investment plan to redevelop two of its retail portfolio assets - Al Jimi Mall in Al Ain and Al Hamra Mall in Ras Al Khaimah. This investment will take Aldar’s spend on redeveloping retail assets to AED1 billion ($272.2 million).

Abuz abyUnited arab emiratesRas al khaimahRas al khaymahSaoud khooryAldar propertiesGross leasable areaYas mallChief retail officerAldar investmentRade arabiaIddle east trade newsCc business newsNdustry newsTrade newsUsiness directory

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