UAE
UAE
Published on Jan 7th 2019
Dubai Industrial Park, one of the largest industrial hubs in Dubai and part of the TECOM Group, has officially opened Sapphire Mall, marking its first retail venture.
The mall, developed with an investment of over AED 100 million, spans 215,000 square feet and is the first completed project by Dubai Industrial Park in partnership with Sapphire Investments LLC.
The grand opening ceremony was attended by Abdulla Belhoul, Chief Commercial Officer of TECOM Group; Saud Abu Al-Shawareb, Managing Director of Dubai Industrial Park; and Najeeb Kadiri and Mohammed Ali Nocholy, Directors of Sapphire Investments LLC.
During the event, Al-Shawareb highlighted the significance of the new mall, stating, “The opening of Sapphire Mall is a key part of our strategy to establish Dubai Industrial Park as a prime destination for business investment. It also reflects our commitment to the local community. We believe that community shopping centers play a crucial role in enhancing the quality of life for residents. Aligned with our vision to create meaningful opportunities, we aim to offer residents fully-equipped stores and exceptional services."
He further emphasized, "By partnering with Sapphire Investments, we've been able to develop and execute a sustainable strategy that actively involves the community at every project stage. We are confident that this new retail space will meet the growing demands of our residents and exceed expectations."
Kadiri of Sapphire Investments also shared his excitement, noting, “Sapphire Mall presents an excellent opportunity to provide the expanding community of Dubai Industrial Park with accessible retail facilities that cater to their daily needs. With a wide range of shops and restaurants, including Al Madina Hypermarket as the anchor store, the two-story mall offers convenience and comfort. We’ve also focused on creating spaces that foster relationships and family time, ensuring Sapphire Mall becomes the go-to destination for unique community experiences.”
Currently, Sapphire Mall is home to several retail stores and dining options. Al Madina Hypermarket, a key feature, includes dedicated sections for fresh produce, frozen foods, dairy, garments, electronics, and household items. Once fully operational, the mall will also offer additional services such as money exchanges and medical facilities.
