Tag Archives: Majid Al futtaim

Aloft Deira City Centre set to open in Q1 2018

Aloft City Centre Deira Dubai - 1

Majid Al Futtaim celebrated the topping out milestone for the new Aloft City Centre Deira, Dubai. Announced in collaboration with Marriott International, the hotel development began in June 2016 and has now completed the installation of the final concrete pour for the project. Set to open in Q1 2018, the hotel spans an area of 28,800 square meters and aims to redefine the upscale hospitality offering in the GCC. Located in the historic heart of Dubai, the Aloft City Centre Deira, Dubai, will offer tourists and local community access to an all-star line-up of hotels surrounding the iconic City Centre Deira. The hotel development marks the 13th addition to the Majid Al Futtaim Hotels portfolio and sixth hotel development in Deira and; introducing a distinctive destination experience to the vibrant heart of the city. Designed to meet the needs of diverse audiences, with a special emphasis on millennials, the cinema-themed hotel is intended to extend a novel experience through the integration of intelligent technologies, vibrant interiors and ambience, and memorable dining, leisure and entertainment options. Aloft City Centre Deira, Dubai, features 304 spacious guest rooms, including 29 suites and offers direct connectivity to the shopping mall via a direct link on Level 2. Guestrooms on Level 5 of the hotel, comprising of four suite rooms, 25 standard rooms and associated public circulation areas, will immerse guests in a ‘world cinema’ and experiential journey.

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Wall Street Exchange and Visa launch multi-currency prepaid travel card

image for travel card

In line with its strategy to enhance consumer experience, Wall Street Exchange has launched a reloadable multi-currency Visa prepaid card, powered by Najm, the financial arm of Majid Al Futtaim. This enables customers to lock in a favourable currency rate before travel, thereby saving them from being affected by any currency fluctuations.The cardholders can create free currency wallets of up to six currencies from a choice of 12 and also withdraw cash from any ATM worldwide that accepts Visa. Sultan Al Mahmoud, Acting Managing Director of Wall Street Exchange, said, “The online payment market in the region is maturing now and consumers are seeking higher security and flexibility in card usage, which makes prepaid cards the preferred option. In prepaid cards, consumers are seeking more innovative features, and Wall Street Exchange is committed to cater to the emerging needs of the users by introducing attractive and innovative features in our cards, along with the ease of use.”

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Another ‘My City Centre’ mall in the offing

New RAK mall image 2 JPG

Majid Al Futtaim recently announced that it’s going to start building its third ‘My City Centre’ mall, named My City Centre Al Dhait, in Ras Al Khaimah this month. The retail pioneer’s expansion into the Northern Emirate comes as part of the company’s strategy to increase its total investment in the United Arab Emirates by AED 30 billion by 2026. The new shopping mall will start serving Ras Al Khaimah’s communities early next year. Located in a strategic location, between two growing residential communities in the north and south-west of Al Dhait in Ras Al Khaimah, the new community mall represents an investment of AED 68.5 million. My City Centre Al Dhait will bring a diverse and tailored mix of shopping and dining outlets, offering nearby residents a convenient and accessible destination for everyday shopping needs.  It will be home to 30 stores across 5494 sq. m. of gross leasable area, including a Carrefour Market spread over an area of 1178 sq. m. Further, it will offer 117 parking spaces to visitors.

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Region’s 1st cinema-themed hotel concept in Deira

Aloft Dubai City Centre Deira_Rendering

Majid Al Futtaim, the retail and leisure pioneer across the Middle East, Africa and Asia, together with Marriott International announced plans to launch the region’s first cinema-themed concept at Aloft Dubai City Centre Deira. The concept will feature a unique offering of cinematic themed rooms in addition to an ‘Outdoor’ VOX Cinema developed in collaboration with Majid Al Futtaim Cinemas, owner of the VOX Cinemas brand in the Middle East. According to the latest reports from STR Global, hotel occupancy rates in Dubai averaged 86.3% in the first two months of 2017, with the mid-market segment reporting a 7.2 per cent year-over-year growth in room uptake. The latest offering brings together the combined synergy of Majid Al Futtaim and Marriott International to extend best in class amenities, expedited service offerings and innovative leisure and entertainment options to create unique lifestyle experience for millennial audiences and caters to the surging demand for mid-market hospitality offerings in the city The Aloft Dubai City Centre Deira will feature a cinematic themed floor of 25 standard rooms and four suite rooms designed to create an integrated lifestyle offering through the combination of cutting edge technology, modern style and immersive guest experience. In a first for the region, rooms at the Aloft Dubai City Centre Deira will entail a large collection of movies, TV screens, projectors and enhanced sound systems, so guests can indulge in a world cinema experience. In addition, the hotel will feature four themed suites inspired by blockbuster movie themes from Comic superheroes to super spies, Bollywood and more. The hotel will house a state-of-the-art ‘Outdoor’ VOX Cinema concept – an all-season cinema and multifunctional event space to meet the growing demand …

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New shopping hub in Sharjah

Al-Zahia

Sharjah in its aims to lure more tourists to the destination is working on some new projects to give a whole new face to the retail shopper who visits the destination. This new regional mall will further enhance Sharjah’s image as a family destination with a shopper’s paradise, which could have a positive feedback from the region and its neighbours as well.  Majid Al futtaim holding is building a ‘super-regional’ shopping mall at Al Zahia community in Sharjah, which is planned to open in 2018. Al Zahia is a 1.3 million square metre (14m sq ft) master planned gated community being developed by Majid Al Futtaim and owned by Sharjah Holding, a joint venture between Majid Al Futtaim and the Government of Sharjah. The new mall’s construction was confirmed as a part of Majid Al Futtaim Holding’s announcement that the group plans to invest AED 30 billion ($ 8.2b) in the United Arab Emirates over the next 10 years. Al Zahia community is located close to Sharjah University City and Sharjah International Airport, with access to road links to Dubai and the Northern Emirates. The development offers a range of 3, 4 and 5-bedroom townhouses and villas, apartments, commercial space and amenities including landscaped parks and mosques. The first homeowners took possession of their new properties last year and the development is expected to house over 12,000 residents when completed in 2019. The new super-regional mall will have a gross leasable area of 130,000 square metres (1.4m sq ft) and will be named City Centre Al Zahia. The mall is expected to have a wide catchment area due to its strategic location near Sheikh Mohammed bin Zayed Road (E311), which …

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