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UAE: Waitrose confirmed as first Al Khail anchor tenant

Nakheel on Thursday confirmed high end British supermarket chain Waitrose as the first anchor tenant at Al Khail Avenue, its new regional mall to be constructed at Dubai's Jumeirah Village Triangle.

Waitrose will occupy 35,000 square feet at the new shopping, dining and entertainment hub, which has attracted strong interest from retailers since its launch this week, the Dubai-based developer said in a statement.

Omar Khoory, director of Nakheel Retail, said: "We have held more than 100 meetings from interested retailers since Al Khail Avenue opened for lease five days ago. We are delighted to announce Waitrose as our first confirmed tenant, and expect to announce more big name brands soon."

Al Khail Avenue is being leased through a bidding process, under which retailers are invited to send proposals to Nakheel by Thursday January 29.

Located at Nakheel's Jumeirah Village Triangle community, alongside Dubai's Al Khail Road, the mall will have 1.5 million square feet of available retail, dining and entertainment space.

It will feature 350 shops including Waitrose, department stores and speciality outlets, a multi-screen cinema, entertainment zone and a diverse range of cafes and restaurants including al fresco dining. There will also be a five-level car park for more than 4,400 vehicles.

Nakheel said it expects to issue a construction tender by the end of March, with project completion anticipated in 2018.

Source: arabianbusiness.com
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