Matajer Al Juraina mall’s USD 15.2 retail expansion on track for 2018 completion

Matajer Al Juraina mall’s USD 15.2 retail expansion on track for 2018 completion

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Majid Al Futtaim announced today that the AED 56 million (USD 15.2 million) expansion of Matajer Al Juraina community mall is on track to be completed early next year. Matajer Al Juraina is part of the Matajer brand under Sharjah Holding, a strategic partnership between Majid Al Futtaim – Properties and Sharjah Asset Management Holding, which is a community focused retail estate developer.   

 

As part of its commitment to elevate the customer experience by offering additional choices, the newly transformed neighborhood mall will have the capacity to welcome an increased number of visitors to its new dining and shopping outlets. 

 

The completion of phase one in 2016 saw the addition of 111 parking spaces, significantly improving the convenience and accessibility to the mall for customers.

 

Phase two of the expansion strategy at Matajer Al Juraina, which began last May will add 3,000 square meters of gross leasable area including 16 new brands and restaurants. New retail categories including fashion accessories and a wider scope for service-based outlets such as salons and banks will be added as part of the growth strategy. The redevelopment is on track to be complete in Q1 2018. The enhancement will include a vibrant new redesign with a shaded pergola for al fresco dining. 

 

“The AED 56 million expansion project at Matajer Al Juraina underscores Majid Al Futtaim’s effort to bring diverse retail options and superior customer experience to communities in the Northern Emirates,” said Ali Al Abdulla, senior director, community & neighborhood malls at Majid Al Futtaim Properties.

 

Matajer Al Juraina opened in 2012 and is situated in a key residential area where it meets the everyday lifestyle needs of the community. 

 

Mall operations for tenants and visitors will continue as normal during the expansion. Majid Al Futtaim’s priority is to deliver an enhanced visitor experience at Matajer Al Juraina, with nominal disruption during this expansion period.

 

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