Dubai: Dubai Holding Asset Management, the owner and operator of one of Dubai's retail portfolios encompassing 15 destinations, 10 malls, and 18 centres, today announced the opening of Nad Al Sheba Mall. The 500,000 sq. ft. mixed-use retail destination in the heart of Nad Al Sheba is set to open in April 2025.
According to Emirates News Agency, the mall will feature over 100 curated stores across fitness, retail, entertainment, F and B, and healthcare, promising a blend of convenience, lifestyle, and leisure. Nad Al Sheba Mall's location and design aim to make it a prime destination for social activities, featuring wellness facilities such as a rooftop gym, swimming pool, and padel courts, providing an environment for recreation and relaxation.
The mall will offer over 900 parking spaces for accessibility and is strategically located near schools and residential communities to enhance foot traffic. Key tenants include F and B concepts like Home Bakery, Parkers, and SALT; supermarkets such as Spinneys and Union Coop; sports outlets including Go Sport and Fit N Glam; and children's entertainment venues like Fun City and Orange Wheels. The spacious layout incorporates indoor and outdoor areas, fostering a dynamic environment for shopping and leisure.
Nad Al Sheba Mall adds to Dubai Holding Asset Management's retail destinations, including Bluewaters, JBR, and West Beach; shopping malls like Nakheel Mall and Ibn Battuta; and centres that connect neighbourhoods across Dubai.
Fareed Abdelrahman, Managing Director, Retail Destinations at Dubai Holding Asset Management, stated that Dubai's retail sector is crucial for economic growth, enhancing residents' quality of life and reinforcing the city's appeal. The emirate's demographics and consumer demand have solidified its status as a retail powerhouse. Nad Al Sheba Mall exemplifies the commitment to creating destinations blending convenience with community experiences, meeting the daily needs of visitors and providing businesses with growth opportunities.
The UAE's retail sector is thriving, supported by economic diversification and a growing population. UAE retail sales are projected to reach $139.1 billion by 2028, up from $108.1 billion in 2024, driven by favourable demographics and the rise of omnichannel retailing. These trends highlight the importance of dynamic retail spaces like Nad Al Sheba Mall, aligning with the sector's evolving demands.