Dubai: Dubai’s retail sector may be well-stocked with malls at present, but there is still ample space to test out new concepts and new projects, according to the head of the Dubai Shopping Malls Group.
“With what’s already available in Dubai now, it might sound difficult to aim for something new or untested… but there is always something,” said Majid Saif Al Ghurair, who is also president of BurJuman Centre — Dubai’s second mall which opened in 1991 — and Reef Mall. “The possibilities come from the many new global brands that will be created in the years to come.
“Another area where Dubai’s malls can do a lot more in the future is finding synergy with online shopping. If this can be done, future malls can click and score with a younger generation.”
After a near five-year break, developers are back to announcing mega-mall projects in Dubai; Nakheel has confirmed it will soon unveil one at its Deira master-development, and there is to be another built on-site of the Expo 2020.
Having been one of the first businesses in the region to take up organised retailing in a big way and away from traditional street-side outlets, does the Group feel it might have waited too long to take up a new project? More info