Dubai's 2.2ha Burj Nahar Mall in Deira to open next year
An anchor tenant has also been named for the project, which is being developed by a subsidiary of Juma Al Majid Group
An anchor tenant has been selected for Burj Nahar Mall, an under-construction project that is due to open in 2018.
Al Majid Property Company, a subsidiary of Dubai-based conglomerate, Juma Al Majid Group, is developing the 2.2ha project – due to complete by the end of next year – in Dubai's Deira neighbourhood.
Lulu Group International and Al Majid Property recently signed an agreement establishing Lulu Supermarket as the mall's anchor tenant.
The supermarket will span 2,508m2, and will be one of the mall's 84 tenants.
Burj Nahar Mall is being developed as part of a mixed-use hub that will also comprise a 200-unit residential tower.
Commenting on the agreement, Moustafa Moussa, executive director of Juma Al Majid Group's Properties division, said: "Having Lulu Supermarket as our anchor tenant will not only add value to the residents of the mixed-use development, but will also cater to the needs of nearby residents and businesses."
This April, Lulu Group, a UAE-headquartered retailer with operations around the Middle East, laid the foundation for a $272m (AED1bn) mall in Dubai Silicon Oasis (DSO), due to be completed in time for Dubai Expo 2020.
HH Sheikh Ahmed bin Saeed Al Maktoum, chairman of Dubai Silicon Oasis Authority (DSOA), unveiled the commemorative plaque and laid the foundation stone for Silicon Mall, which was planned to span 21.3ha.
The ceremony was attended by Dr Mohammed Alzarooni, vice chairman and CEO of DSOA, and Yusuff Ali MA, chairman and managing director of Lulu Group International.
Lulu's Ali said work on the project would "be completed in a period of [...] 30 months", adding that completion would be recorded "just in time for the launch of Expo 2020 Dubai".
Ali continued: "Silicon Mall is our most ambitious project in the UAE to date, and we intend to make it the most interesting and exciting mall in Dubai."
The mall is designed to feature a "futuristic façade that is set to serve as its unique value proposition", it was revealed.